We have heard a lot about non-profit organization and companies with charitable objectives. The concept of Section 8 companies was introduced in the Companies Act 2013 that permitted companies with charitable objectives. These companies are registered without the words ‘Limited’ or ‘Private Limited’. The main objectives behind Sec...

Prohibitions, Relaxations, and exemption in case of Loan transactions entered into by the company. The very routine transactions which almost all companies are willing to make for the rotation of money or whatsoever purpose it may be. There are four subsections of section 185 of the companies act 2013. Section 185 (1) :- No company [&hell...

Key Points of Private Placement under Section 42 ofCompanies Act, 2013 read with The Companies (Prospectus and Allotment of Securities) Rules, 2014 PRIVATE PLACEMENT{Explanation I of Section 42(3)} Private Placement means any offer or invitation to subscribe or issue of securities to a select group of persons by a company (other than by w...

Section 2(62) of the Companies Act, 2013 defines an OPC as a company which has only person as a member. The very concept of an OPC is that it shall have only one member. Only an individual can form an OPC. The minimum and maximum number of member in an OPC is one. The minimum […]...

Practical Aspects On Incorporation of Foreign Subsidiary Company In India and The Indian Company Law on Names, Notary, Apostillation and Consularisation The Indian Companies Act, 2013 (Act) allows the incorporation of Subsidiary Company of Foreign Company in India. The Subsidiary Company of Foreign Company means either controls the compos...

Important FAQs to Understand Register of Members, Debenture Holders or Any Other Security Holders {Section 88 of Companies Act, 2013 read with The Companies (Management and Administration) Rules, 2014} 1. Where is the Register of Members maintained under Companies Act, 2013?  Ans. Every Company shall maintain register of members from th...

Procedure for incorporating section 8 companies: (1) Where it is proved to the satisfaction of the Central Government that a person or an association of persons proposed to be registered under this Act as a limited company— (a)  has in its objects the promotion of commerce, art, science, sports, education, research, social welfare, r...

The Capital or say fund is backbone if every business. So, this fund is called as Capital in case of Company. The amount of share capital or equity financing a company has can change over time. A company that wishes to raise more equity can obtain authorization to issue and sell additional shares, thereby increasing […]...

CERTIFICATE To, XYZ ltd This certificate is issued in accordance with the terms of our arrangement with XYZ Private Limited (CIN-), having registered address ……………..IN, vide engagement letter dated ——————–with reference to Appointment of ABC & Associates as the Ch...

Article compiles due date of ROC E-Forms for Compliance related to Financial Year 2020-21 stating the Name of e-Form, Object of the E-Form, Time line for Submission of E-Form, Last date for Submission of E-Form and Applicability of E-Form. S.No. E-forms The object of the E-forms Time-Line Last Date Remarks 1. e-Form MSME-1 Form for [&hell...