Company Law : This clarifies the eligibility for direct conversion into an LLP. The takeaway is that compliance with the LLP Act and Rules enabl...
Corporate Law : Explains the key differences between proprietorships, partnerships, LLPs, and private companies, highlighting liability, complianc...
Company Law : Understand key differences between LLPs and Private Companies in India to choose the structure that fits your business goals, fund...
Finance : Compare LLP and Pvt Ltd in terms of taxation, compliance, auditing, and ownership. Understand key differences to choose the right ...
Company Law : Learn about the process & provisions for incorporating a subsidiary company in India, including necessary documents, regulations, ...
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...
Understanding private placement by unlisted public and private companies. Learn about the rules and procedures for issuing shares under private placement.
Discover the advantages of Limited Liability Partnerships (LLP) over Private Limited Companies. From cost-effectiveness and compliance to tax benefits and fund withdrawal flexibility, explore why an LLP might be a preferable business structure.
LLP vs One Person Company vs Private Limited Company: Understand the features and differences for businesses raising funding.
Article explains Procedure to Convert a company Register under Section 8 of Companies Act, 2013 into a Private Limited Company. Article contains Steps to Convert Section 8 Company into a Private Limited Company, Step-wise Documents Required for conversion of Section 8 Company into a Private Limited Company, Forms to be filed for Section 8 Company […]
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 […]