Learn about passing resolutions by circulation and the advantages it offers for efficient decision-making in company meetings.
Learn about the provisions of passing resolutions through postal ballots as per company law provisions. Understand the process and requirements for conducting secure and efficient voting.
Learn how to obtain, cancel, or surrender a Director Identification Number (DIN) under the Companies Act, 2013. Explore the application process, documents required, and penalties for non-compliance. Ensure compliance with DIN regulations for seamless directorship.
MCA vide notification dated 10th September 2018, introduced Rule 9A to the Companies (Prospectus and Allotment of Securities) Rules, 2014 through the Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2018 for issue of securities in dematerialized form by unlisted public companies effective from 2nd October 2018. The above rule corresponds to Section 29 […]
Companies these days are more involved in foreign investments in order to expand their businesses in international market. Infact, foreign direct investments has become a major monetary source for economic development in India. Therefore, RBI introduced the concept of FOREIGN ASSETS AND LIABILITIES (FLA) RETURN in order to keep the track record of statistics relating […]
Clarification on applicability of regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to Related Party Transactions The Securities Exchange Board of India has clarified on the new norms governing related party transactions that will come into effect from April 1 2022 vide Circular No. SEBI/HO/CFD/CMD1/CIR/P/2022/40. The regulator clarified that listed […]
A Company may opt for conversion of loan to equity where there is an obligation on the part of the company to pay its debt as per the loan agreement within the time limit. At times companies are not in a position to satisfy its debt obligations, they exercise for conversion of such loan into […]
IMPORTER-EXPORTER CODE In today’s era, every business wants to expand their market globally to sustain in prevailing market competition. In order to expand their business beyond the domestic market, such businesses need to obtain Importer-Exporter License which is to be issued by Director General of Foreign Trade (DGFT). Importer-Exporter Code is a 10 digit key […]
STRIKE OFF A COMPANY A Company goes for strike off when the management no longer wishes to carry on the business further. Strike off simply means removing of the name of the company from the Registrar of Company. Section 248 of The Companies Act 2013 states about the provisions of Strike off of company. BY […]
eXtensible Business Reporting Language (XBRL) is a language for the electronic communication of business and financial data which is revolutionizing business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. Use of XBRL has resulted in cost savings and greater efficiency to all those involved in supplying […]