This guide explains the legal process for striking off companies under Section 248 of the Companies Act, 2013. It covers eligibility, procedures, ROC powers, and the legal consequences of company dissolution.
Interim dividend can be declared solely by the Board of Directors under the Companies Act. Shareholder consent is not required if statutory conditions are met.
Summary: A debenture is a debt instrument issued by a company as per Section 2(30) of the Companies Act, 2013. It can be convertible, non-convertible, secured, or unsecured. Private companies can issue only secured Non-Convertible Debentures (NCDs) unless they are listed on a recognized stock exchange. If an NCD is neither secured nor listed, it […]
Understand LLP partner contributions under the LLP Act, 2008, including forms, valuation, obligations, and compliance requirements for better financial transparency.
MSME notification mandates companies to file half-yearly returns for delayed payments exceeding 45 days to micro and small enterprises, citing sections 9 and 15 of the Act.