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Acceptance of deposit from members in case of private limited company

  CS Divesh Goyal    20 August 2015 at 10:21

BACKGROUND:Loans are the major source of funding for most of the Companies apart from their Share Capital. Companies borrow from various sources like banks and various other financial institutions. Whereas,Public Limited Companies borrow from mass pu

Posted in Corporate Law  2 comments |   16307 Views


Process for conversion of OPC into private limited company

  CS Divesh Goyal    18 August 2015 at 16:45

BACKGROUND:The Introduction of One Person Companyinto the legal system is a move that wouldencourage the entrepreneurs enters intocorporate world. This will not only enableindividual capabilities to contribute economicgrowth, but also generate employ

Posted in Corporate Law  2 comments |   20793 Views


Incorporation of one person company

  CS Divesh Goyal    08 August 2015 at 11:15

“With the development of the practice, there will be more and more ‘exception’ phenomena which can’t be explained by the original thoughts or theories. Once these exceptions developed to such an extent that waved people’

Posted in Corporate Law  1 comments |   12664 Views


Incorporation of Section (8) Company

  CS Divesh Goyal    03 August 2015 at 10:35

INTRODUCTIONThe concept of non-profit making company is quite old in India. In erstwhile Companies Act, 1956 it was regulated by Section 25 and that is why it was popular as Section 25 Company. However in Companies Act 2013 provisions related to non-

Posted in Corporate Law  2 comments |   32587 Views


Share Certificate

  CS Divesh Goyal    31 July 2015 at 10:47

ABOUT SHARES:�Shares� As per Section 2(84) of Companies Act, 2013 Share means Share in the share capital of a Company and Include stocks.Share or Debentures are movable property transferable in Manner provided in the AOA of Company. (Sec

Posted in Corporate Law  2 comments |   9874 Views


Loan from director

  CS Divesh Goyal    29 July 2015 at 10:31

As per Rule 2 sub rule 1 clause vii of the Companies (Acceptance of Deposits) Rules, 2014�Any amount received from a person who, at the time of receipt of the amount, was director of the Company, will be out of preview of Deposits�.Condit

Posted in Corporate Law  16 comments |   26388 Views


Secretarial standard -II under Co. Act, 2013

  CS Divesh Goyal    27 July 2015 at 11:31

BACKGROUND:The Ministry of Corporate Affair (MCA) has issued circular Dated: 10th April, 2015 vide Letter No. 1/E/2014/CA/I and same has been notified in official Gazette on 23rd April, 2015. Secretarial standard has been applicable on Companies from

Posted in Corporate Law |   4241 Views


Annual works of LLP

  CS Divesh Goyal    25 July 2015 at 17:29

Post incorporation requirements are obligations which LLP are supposed to fulfill subsequent to incorporation. These include filing of annual returns, change of Partners/ Designated Partners, alteration in Contribution, and change of registered offic

Posted in Corporate Law  5 comments |   8719 Views


SH-4: Procedure for transfer of shares

  CS Divesh Goyal    25 July 2015 at 17:28

Free transferability of share is one essential condition for Company form of business, subject to some restrictions under private companies. New Act, deals with substantially.Statutory provisions related to transfer of share one should refer the foll

Posted in Corporate Law  1 comments |   26406 Views


Loan to Director (185)

  CS Divesh Goyal    23 July 2015 at 10:16

As per Section 185: No Company ( Private & Public)� Directly or Indirectrly� Advance any loan, including book debt,� to any of its directors or to any **other person in whom the director is interested� Any guarantee or

Posted in Corporate Law  3 comments |   9078 Views