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Section 154 of the Companies Act, 1956 deals with the closure of register of members or debenture holders but the section does not elaborate the object and purpose of such closure.
INTRODUCTION The Government of India through an amendment in the Companies Act, 1956 by the Companies (Amendment) Act, 2002 incorporating a new part IXA dealing with Producer Comp
INTRODUCTION The term Chairman/Chairperson is not defined under the Companies Act, 1956. The Chairman is a necessary element of company meeting and is usually appointed by the articles of the
In last two years, Ministry of Corporate Affairs (MCA) has made many amendments/changes in provisions relating to directors of the company under the Companies Act, 1956
The basis of financial analysis, planning and decision making is financial information. A firm prepares final accounts viz. Balance Sheet and Profit and Loss Account providing information for decision
INTRODUCTION The Rule 19(2) and Rule 19A of the Securities Contracts (Regulation) Rules, 1957 deal with the maintaining minimum public shareholding of 25%. The Ministry of Fin
WHAT IS A NON-PROFIT MAKING COMPANY Any association desirous of being incorporated as a company with limited liability, without the additi
INTRODUCTION A system of exchange control was first time introduced through a series of rules under the Defense of India Act, 1939 on temporary basis. The foreign crises persist
PURPOSE OF THE DISQUALIFICATION The Department of Company Affairs vide its General Circular No. 2/5/2001-CL.V, clarifies that the provisions of section
The Ministry of Corporate Affairs (MCA) has prescribed a revised Schedule VI to the Companies Act, 1956 vide Notification dated 28.02.2011 which is applicable fo
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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