Preparation of Boards Report is one of the most vital phenomena of a Company with consistent deliberations like what should form a part of the report and what not, so that it becomes apt to be served to the shareholders & stakeholders to cater their needs satisfactorily. With the new Companies Act, the Boards Report […]
With the advent of Companies Act, 2013 the series of amendments, regular notifications, insertion of new rules, frequent updates in the forms has become a thing of common. One such Chapter of Companies Act, i.e. Chapter II Incorporation of Company and Matters Incidental thereto has underwent quite frequent changes especially in the manner of incorporating a company.
Companies Amendment Act, 2015 which came into effect from 29th May, 2015 principally aimed at the ease of doing business and brought some landmark changes with it in the newly effected Companies Act, 2013. Some of these amendments will provide the necessary relief to Corporates, and also bring certainty to certain other relaxations that were earlier provided through the rules accompanying the Act.