Company Law : Learn about the process & provisions for incorporating a subsidiary company in India, including necessary documents, regulations, ...
Company Law : Explore the new rule by MCA requiring private companies to dematerialize shares. Learn compliance steps, timelines, and benefits o...
Corporate Law : Explore the differences between Private Limited Company, LLP, and Partnership Firm to make informed choices for your business setu...
Company Law : Discover why choosing a Private Limited Company is a preferred option for raising funds in a startup business. Learn about equity ...
Company Law : This blog post explains Annual Compliances for Private Limited Companies and all the associated legal & regulatory requirements o...
SEBI : Capital market regulator, SEBI today said both public and private sector companies will have to increase public shareholding to a ...
Company Law : The Ministry of Corporate Affairs (MCA) has decided to relax the norms for companies to maintain minimum paid-up capital. Accordin...
Company Law : Himachal Pradesh High Court held that stamp duty/ registration fee not leviable on conversion of public limited company to private...
Income Tax : 15. In so far as the assessee's contention that as the remuneration paid to the directors were increased in a properly called meet...
Company Law : Exemptions to Government Companies under section 462 of the Companies Act 2013 vide notification dated 02.03.2020. GOVERNMENT OF I...
Appointment of First Auditor in Private Company Section Attracts -139(6) of the companies Act 2013 Time Limit for Appointment– within 30 days from incorporation of the Company Accounts Audit: From the date of Incorporation till the date of end of Financial Year. Hold Office: Till the Conclusion of First Annual General Meeting. Way of Appointment […]
In this blog, we will discuss about the FAQ’s related to Incorporation of Private Limited Company which are generally asked by new entrepreneurs.
(1) No company shall, directly or indirectly, advance any loan, including any loan represented by a book debt to, or give any guarantee or provide any security in connection with any loan taken by,— (a) any director of company, or of a company which is its holding company or any partner or relative of any […]
Every company needs to comply the compliance mentioned by the Ministry of Corporate Affairs from time to time and other compliance as mentioned by Companies Act, 2013 or any other applicable act over the company. As per the Companies Act, 2013, some major compliance are Board Meeting, appointment of statutory auditor, MGT-7, Director’s KYC, INC-22A, […]
Private Company Section 2(68) of the act states that a private company is means a company which, Restricts the right to transfer shares. Limit the number of members to two hundred, However the maximum number excludes former employees who are also members, and current employees holding shares. Provided that, Joint holders of shares shall be treat […]
CONCEPTUAL ANALYSIS SERIES – I 185. Loan to Directors, etc. (1) No company shall, directly or indirectly, advance any loan, including any loan represented by a book debt to, or give any guarantee or provide any security in connection with any loan taken by,— (a) any director of company, or of a company which is its holding company […]
Conversion of Public Company Into Private Company is governed by following Provisions of Companies Act and Rules- 1) Relevant Section and rules for Conversion: a. Section 13: Alteration of Memorandum of Association. b. Section 14: Alteration of Articles of Association. c. Section 18: It provides the manner in which an existing Company can convert itself […]
Lot of entrepreneurs, wanting to start their new venture, get in touch with me. One common question all of them have is what should be the structure of their business entity. Although they are ready to take risks but at the same time also want a limited liability structure in case things go wrong. So, […]
One of the first step to become an entrepreneur is to incorporate a private company or a LLP. But how should one decide on whether to go with a Private Company or a LLP? For now, let us assume you have incorporated a private company. But does the process ends there? Well No! The process […]
Article explains Documents required/checklist for GST registration of Proprietorship, Partnership, Hindu Undivided Family,Limited Liability Partnership, Public Limited Company/Private Limited Company/Unlimited Company, Society/Club/Trust/AOP/BOI and Government Department/Local Authority/Statutory Body. The following documents are required to obtain GST registration depending on the types of business or constitution. Documents required/checklist for GST registration of Proprietorship (1) Aadhaar Card of Proprietor (2) […]
