In this article, we shall discuss about the provisions for offer and allotment of shares by way of right issue as governed by Section 62 of the Companies Act, 2013.
Earlier, since January 2018; it was not possible to incorporate a Limited Liability Partnership (LLP) for persons not having DIN but the Ministry of Corporate Affairs has come up with the most awaited notification on 18th September, 2018 w.r.t. LLP incorporation in the same line as a Company vide Limited Liability Partnership (Second Amendment) Rules, […]
The Registrar of Companies (ROC) in September, 2017 took an outrageous step and struck off many Companies who had done not their filing for a period of two financial years believing that the Companies are not doing any business in accordance with Section 248 (2) of the Companies Act, 2013 and consequently, disqualified their Directors […]
Recently, the Registrar of Companies, Delhi and Haryana (ROC) in its drive to clean the registry have initiated the action (II stage) against the non working companies for striking off of all such Companies under Section 248(1) of the Companies Act, 2013 and notices were sent to show cause to around 31,250 Companies. Consequent to […]
Annual Filing of the Companies is the next important step marked in the compliance list. Every Company other than one person Company has to convene Annual General meeting (AGM) within a period of six months from the end of financial year and in case of first AGM, the same shall be held within a period […]
Article explains How to calculate Median Remuneration under Companies Act, 2013 read with Rule 5(1)(iii) of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.
Ministry of Corporate Affairs (MCA) in order to update its registry is conducting KNOW YOUR CLIENT (KYC) of all the Directors of all Companies annually through a form viz. DIR-3 KYC. Accordingly, MCA has notified Companies (Appointment and Qualification of Directors) fourth Amendment Rules, 2018 and a new rule 12A has been inserted to provide for […]
In case the Registrar issues an examination report, the reply of the same has to be filed within one month from the date of receipt of the report. If the applicant fails to respond to the communication, the Registrar may treat the application as abandoned.
In a layman’s language, a trademark can be defined as a design, symbol, mark, word or phrase that marks the identity for a specific product, commodity, or a service. It basically grants the lawful owner, a right of a lifetime to use, modify, or take any advantage from the registered trademark. It becomes a mark […]
MSME Stands for Micro, Small and Medium Enterprises. In a developing country like India, MSME industries are the backbone of the economy. No matter whether the Company is in manufacturing or service sector, registrations under MSME can be obtained for both the sectors. However, MSME registration is not yet mandatory but there are a lot […]
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