Company Law - Page 5

Variation of Shareholders Rights

Q.1 WHAT IS VARIATION OF SHAREHOLDERS’ RIGHTS? (1) Where a share capital of the company is divided into different classes of shares, the rights attached to the shares of any class may be varied with the consent in writing of the holders of not less than three-fourths of the issued shares of that class or […]...

Read More
Posted Under: Company Law |

Form DIR 3-KYC- A brief

The Ministry of Corporate Affairs has issued a General Circular No. 07/2019 dated: 27.06.2019 and has clarified the following: 1. As per the Companies (Appointment and Qualification of Directors) Rules 2014, every individual who has been allotted a Director Identification Number (DIN) as on 31st March of a financial year as per these rule...

Read More
Posted Under: Company Law |

Kinds of Share Capital- Relevant Provisions

Q.1 Kinds of Share Capital? The share capital of a company limited by shares shall be of two kinds, namely:— (a) equity share capital— (i) with voting rights; or (ii) with differential rights as to dividend, voting or otherwise in accordance with such rules as may be prescribed; and (b) preference share capital: COMMENT: Provided [&he...

Read More
Posted Under: Company Law |

Offer or Invitation for Subscription of Securities on Private Placement

Q.1 What is Private Placement? The term private placement refers to the sale of securities to a small number of private investors to raise capital. These private investors include mutual fund investors, banks, insurance companies and etc. Private placements are different from public issue since in the latter one the shares are sold in the...

Read More
Posted Under: Company Law |

Mandatory Compliances of Private Limited Companies

WHAT IS MEANING OF PRIVATE LIMITED COMPANY? A private limited company is a company which is privately held for small businesses. The liability of the members of a Private Limited Company is limited to the amount of shares respectively held by them. Shares of Private Limited Company cannot be publically traded. Mandatory compliances of Pri...

Read More
Posted Under: Company Law |

MCA advisory on e-filing to avoid last minute rush

To avoid last minute rush and system congestion on the MCA21 Portal on account of Annual Filings during the Month of October and November 2019, Companies are requested to file their Financial Statements and Annual Returns at the earliest, Without Postponing it to the Last Days....

Read More
Posted Under: Company Law |

Checklist for Scheme of Compromise, Arrangements and Amalgamations

Section 230 and 232 of Companies Act 2103 read with rules Companies (Compromise, Arrangements and Amalgamation) Rules, 2016  Step: 1 AUTHORISATION IN MOA AOA Step: 2 DRAFT SCHEME OF MERGER Step: 3 CALL BOARD MEETING ⇓  Call Board Meeting and approve following resolutions: a. Approve the draft scheme of Merger. b. Authorization to fili...

Read More
Posted Under: Company Law |

Global Depository Receipt- Relevant Provisions

Q.1 What Is a Global Depositary Receipt? A global depositary receipt (GDR) is a bank certificate issued in more than one country for shares in a foreign company. Understanding Global Depositary Receipt A global depositary receipt (GDR) is very similar to an American depositary receipt (ADR). It is a type of bank certificate that represent...

Read More
Posted Under: Company Law |

Highlights of the Companies Amendment Bill, 2019 – CSR

1. In case the CSR amount for a particular financial year is unspent, then the same has to be transferred to a Fund specified in Schedule VII within a period of six month from the end of that Financial Year. 2. Any amount remaining unspent pursuant to any ongoing project, undertaken by a company in […]...

Read More
Posted Under: Company Law |

New norms of Differential Voting Rights

The Ministry of Corporate Affairs (MCA) recently amended the Companies (Share Capital and Debentures) Rules, 2014 (SCAD Rules) which would relaxed norms for shares with Differential Voting Rights (‘DVR’)that will help such companies to retain control while raising equity capital. The MCA move was long-awaited and follows closely on th...

Read More
Posted Under: Company Law |

Company Law News India

Corporate law also known as the company law is the study of how the directors, shareholders, creditors, employees and other participants in the community, consumers, and the environment work together with each other. Company law deals with organizations which are registered or incorporated under the Indian company law. The latest Companies Act is the Act which controls the incorporation of companies, responsibilities of companies, directors and laws relating to dissolution of any company. The newly constituted Companies Act 2013 is divided into twenty-nine chapters comprising 470 with 7 schedules. This Act replaced the previous Companies Act, 1956 on August 29th, 2013. The newly constituted Act came into action on September 12th, 2013 with number of changes.

At Taxguru, we provide all the latest news relating to company law in India. Our portal is designed for alerting you on all the latest developments in the company law. We provide all the key cases, help, and guidance on all facets of company law.

Get to know about all significant changes in the Indian corporate laws with our comprehensive and the latest company law news. Our panel of experts offers in-depth analysis and understanding of the corporate and allied laws. At Taxguru, we cover everything from regulations for LLPs to changes in the corporate governance, M&A and Takeover Code, SEBI reforms, exchange controls and commercial arbitration. Tune in to find out more about the corporate laws and all the key developments.