Companies Act 2013 - Page 4

Right Issue of Shares under Companies Act

Right Issue – A pre-emptive right given to shareholders in preference to an outsider.  One of the easiest method to induct the capital in the Company is the Issuance of Shares under Right Issue. Under this, right is given to the existing equity shareholders, in the proportion of their existing holding in the Company. The […]...

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Provisions- Resignation of Auditor from Listed Companies

SHORT SUMMARY: In this editorial author shall discuss the provisions of Resignation of Auditor under Companies Act, 2013 read with SEBI Guidelines. SEBI on October 18th, 2019 issued circular relating to Resignation of Auditor from Listed Companies and their Subsidiaries. These guidelines are stating compliance required to be done by Resig...

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Posted Under: Company Law |

Companies required to appoint a Company Secretary- New Rules

The amendment has substituted the rule by providing that every private company which has a paid-up share capital of Ten Crore INR or more shall have a whole-time company secretary....

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Posted Under: Company Law |

FAQs on ROC form DPT 3

DPT 3 Form Filing, Frequently asked questions on ROC form DPT 3, the due date of Form DPT 3 and all you need to know about it Q 1. What is form DPT 3? Ans: DPT-3 is a return of Deposits or particulars of transaction not considered as deposit or both which is to be filed […]...

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Posted Under: Company Law |

Filing of Declaration for Commencement of Business in Form INC-20A

The Companies Act, 2013 was effective for all the companies with effect from 1st April, 2014 but of its certain sections or provisions was applicable from different dates depending upon the notification of by Ministry from time to time. The Government of India has always put a thrust to start a business by incorporating a […]...

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Posted Under: Company Law |

Data Bank For Independent Directors

Independent Directors Serve as an important institution of Corporate Governance Contributing Significantly at the boards by bringing diverse set of skills with an independent judgment on significant issues. Independent Directors act as a guide, coach , mentor to the company, Their role broadly includes improving corporate credibility&...

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Important FAQs on MCA Independent Directors Exam

The Ministry of Corporate Affairs (MCA) which regulates the functioning of Corporate Sector in India has recently started the registration process for individuals who wish to continue or seek to become Independent Directors (IDs) in Companies. Brief Background: In October, 2019 MCA had made certain changes governing appointment and qual...

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Posted Under: Company Law |

Whether documents marked as SD/- can be uploaded with ROC Forms

Many persons ask questions in relation to uploading of forms with unsigned attachments like – (a) whether it is mandatory to attach only signed documents? (b) Whether document as SD/- can be uploading with roc e-forms? In this editorial author shall discuss provisions under companies Act Relating to Filing of Applications, Documents, In...

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Process of Cancellation of SRN which is already been approved by ROC

It’s a common question amongst many professionals now-a-days that If a form is approved by ROC under STP mode, whether SRN can be Cancelled for such form and Whether AOC-4/MGT-7/ any other form filed by Company can be cancelled and revised? In this editorial author shall discuss provisions under companies Act relating to correcting the ...

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Provisions w.r.t., Duplicate Share Certificate for Listed Company are still relevant?

Capital is the money, which a company has raised by issue of its shares. It uses this money to meet its requirement by way of acquiring business premises and stock-in-trade etc. In relation to a company limited by shares, the word ‘capital’ means the share capital i.e., the capital in terms of rupees divided into […]...

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Posted Under: Company Law |

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