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Applicability, Eligibility, Relief, Procedure of Sabka Vishwas Scheme

September 21, 2019 3795 Views 0 comment Print

Article explains Applicability of Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, Eligibility for Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019, Relief under the Scheme, Procedure to file forms under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 and Status of cases/ appeal pending before the authorities. Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDRS 2019) Keeping […]

Application to NCLT for Repayment of Deposit under Section 73(4)

August 29, 2019 6270 Views 1 comment Print

As per Section 73 (4) of Companies Act, 2013, where a company fails to repay the deposit or part thereof or any interest thereon, the depositor concerned may apply to National Company Law Tribunal (NCLT) for an order directing the company to pay the sum due or for any loss or damage incurred by him as a result of such non-payment and for such other orders as the NCLT may deem fit.

Procedure to Restoration of Name of Struck off Company by NCLT

August 27, 2019 15066 Views 0 comment Print

Procedure To Restoration of Name of Struck off Company By National Company Law Tribunal As per Section 248(1) of Companies Act, 2013, the Registrar is vested with the power to strike off the name of the Company, consequently, it had struck off various companies in India and also in process to strike off other companies, […]

How to Convert Public Company Into Private Company

April 11, 2019 2301 Views 0 comment Print

APPLICATION U/S 14 FOR CONVERSION OF PUBLIC COMPANY INTO PRIVATE COMPANY To convene Board meeting for in principal approval of alteration in MOA & AOA as well as authorizing the signatory and for fixing the date, time, place and hour of meeting. To convene the General meeting for the approval of Shareholders by way of […]

Loan to Director and Other Person in Which he is Interested

September 29, 2018 6534 Views 4 comments Print

MCA vide its notification dated 7th May 2018 notified the Sections 61 of the Companies (Amendment) Act, 2017, through which Section 185 has been amended and reproduced as follows: 1. Loan to Director or firm in which he is interested-Absolutely Prohibited Pursuant to section 185(1), no company shall advance any loan to or give any […]

Maximum Managerial Remuneration under Companies Act, 2013

September 28, 2018 39300 Views 0 comment Print

A. Maximum Managerial Remuneration Limit in case of companies having sufficient profits  MCA vide its notification dated 12th September 2018 notified the Sections 66 to 70 of the Companies (Amendment) Act, 2017, through which Section 197 has been amended and reproduced as follows: Public Companies shall not pay managerial remuneration in excess of 11% of […]

Opposition to Registration Of Trademark Under Trademark Act, 1999 along with Trademark Rules, 2017

September 28, 2018 18012 Views 0 comment Print

1. Notice of Opposition to Registration Of Trademark Pursuant to section 21(1) read with rule 42, any person may within 4 months from the date of the advertisement or re-advertisement of Trade Mark Application (the date of publication of the trademark Journal in which the application for registration of the trademark was advertised or re-advertised), […]

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