Company Law : GENERAL PROVISIONS ON BOARD MEETING: (i) Ensure that company must hold at least 4 meetings of its board of directors every year...
Company Law : Procedure for Investor Education & Protection Fund: 1. Pass a resolution authorizing the Company Secretary or any other person:- T...
Company Law : As part of the Ministry’s efforts towards promoting Ease of Doing Business to stakeholders, MCA (Ministry of Corporate Affairs) ...
Company Law : IFSC stands for INTERNATIONAL FINANCIAL SERVICES CENTRES. An IFSC caters to customers outside the jurisdiction of the domestic eco...
Fema / RBI : In last two years, Government has brought major FDI policy reforms in a number of sectors viz. Defence, Construction Development, ...
GENERAL PROVISIONS ON BOARD MEETING: (i) Ensure that company must hold at least 4 meetings of its board of directors every year; (ii) Ensure that not more than 120 days lapsed between two consecutive meetings of the board; (iii) Ensure that a notice in writing must be given to every director at least seven days before the date of meeting; (iv) Ensure that if a meeting was called at a shorter notice then at least one independent director must present at that meeting; (v) Ensure that company must comply with applicable procedure, for convening and conducting meeting through video conferencing or other audio-visual means;
Procedure for Investor Education & Protection Fund: 1. Pass a resolution authorizing the Company Secretary or any other person:- To sign the delivery instruction slips for transferring the shares held in demat.
As part of the Ministry’s efforts towards promoting Ease of Doing Business to stakeholders, MCA (Ministry of Corporate Affairs) notified the New version of SPICe (Form INC-32) with date of effect as 30th January 2017
IFSC stands for INTERNATIONAL FINANCIAL SERVICES CENTRES. An IFSC caters to customers outside the jurisdiction of the domestic economy. Such centres deal with flows of finance, financial products and services across borders.
In last two years, Government has brought major FDI policy reforms in a number of sectors viz. Defence, Construction Development, Insurance, Pension Sector, Broadcasting Sector, Tea, Coffee
The concept of Annual return on Foreign Liabilities and Assets was notified under the regulations of FEMA Act, 1999. Later, RBI vide notification no- RBI/2010-11/427 A.P. (DIR Series) Circular No. 45 introduced the concept of Foreign Assets & Liabilities Return which is an annual return of all investments made in the company during a financial year, is required to be submitted directly by the Company to the RBI.
“Foreign company” means any company or body corporate incorporated outside India which— a)has a place of business in India whether by itself or through an agent, physically or through electronic mode; and b)Conducts any business activity in India in any other manner.
Reserve Bank has granted general permission to foreign companies to establish Project Offices in India, provided they have secured a contract from an Indian company to execute a project in India, and i. the project is funded directly by inward remittance from abroad; or
Direct investment outside India means investments, either under the Automatic Route or the Approval Route, by way of contribution to the capital or subscription to the Memorandum of a foreign entity or by way of purchase of existing shares of a foreign entity either by market purchase or private placement or through stock exchange, signifying a long-term interest in the foreign entity (JV or WOS).
Incorporation procedure in UAE is a simple step by step process and does not require endless visits to a lawyer at every juncture of company formation. The procedures for incorporation in UAE are recognized to be a legal one and it includes the registration of company name and licensing of business activity.
