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Company Law - In this article, my effort is to highlight all the relevant aspects and process of incorporation of Section 8 Company and documents required thereof, through this article I would like to show the road map of the end to end procedural aspect of the incorporation along with the benefit of registration....
Read MoreCompany Law - STEPS TO INCORPORATE A PRIVATE COMPANY: 1- Ascertain the object and the main business activity for which the company is to be incorporated. 2- Apply for the Reservation of Name for the Proposed Company (Spice+ Part A). (Note: You can also submit Spice+ Part A form separately or along with Spice+ Part B)....
Read MoreCompany Law - The choice of Business Organization’s form is the single most important decision an Entrepreneur has to make. What form your business adopts will affect a multitude of factors which in turn greatly influence, both favorably and unfavorably, your organization’s future. Aligning your goals to your business organization type is a...
Read MoreCompany Law - THE DOCUMENTS TO BE FILED WITH REGISTRAR FILING OF DOCUMENTS WITH REGISTRAR OF COMPANIES {ROC} Application for incorporation in Memorandum and Articles of Association of the company duly stamped and signed by each subscriber to the Memorandum filed in E Form SPICE +. Declaration from the professional PCA/PCS/PCMA Furnishing verification o...
Read MoreCompany Law - In accordance with the section 406(1) of the Companies Act, 2013, ‘Nidhi’ means a ‘company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit’. Therefore, we ca...
Read MoreCompany Law - MCA registers 1.55 lakh company incorporations in FY 2020-21, an increase of 27% year-on-year 42,186 Limited Liability Partnerships got incorporated in FY 2020-21, an increase of 17% year-on-year During the Financial Year 2020-21, Ministry of Corporate Affairs (MCA) registered more than 1.55 Lakh company incorporations as compared to 1.22...
Read MoreCompany Law - 1. COMPETITION COMMISSION OF INDIA INTRODUCES GREEN CHANNEL ♣ Automatic and faster system of approval of combinations under Green Channel ♣ Under this process, the combination is deemed to have been approved upon filing the notice in the prescribed format. This system would significantly reduce time and cost of transactions. 2. DECRIM...
Read MoreCompany Law - Following details/information are required of all the subscribers. 1. Requirements to get DSC For Indian Applicant PAN-Self attested Address Proof (either Passport, Voter ID, Aadhar card, bank statement or copy of utility bill-not older than two month) – Self attested Email IDs & Mobile Numbers Two Physical Photograph of the per...
Read MoreG.S.R. 44(E) - (25/01/2021) - MCA notifies Companies (Incorporation) Amendment Rules, 2021 vide notification No. G.S.R 44(E) dated 25.01.2021 and amended Rule 41 of Companies (Incorporation) Rules, 2014 which relates to Application under section 14 Companies Act, 2013 of for conversion of public company into private company. G...
Read MoreG.S.R. 795(E) - (24/12/2020) - MCA has vide Companies (Incorporation) Third Amendment Rules, 2020 notified Rule 9A. Extension of reservation of name in certain cases. Under the rule Registrar shall extend the period of a name reserved under rule 9 up to 60 days on Payment of Fees. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New De...
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