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Articles by CS Divesh Goyal

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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



Stamp duty on issue of share certificates

  CS Divesh Goyal    08 July 2015 at 10:32

BACKROUND:As per Section 3 of Indian Stamps Act 1899, Every Share Certificate must bear the necessary stamp duty as per the Stamp Act of the respective State/ Union Territory from which Certificate is issued. The rates of stamp duty can be obtained w



Foreign company compliances

  CS Divesh Goyal    06 July 2015 at 10:32

As Per Section 2 (42) Foreign company is a 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) conduct any business



Incorporation of WOS Foreign Company

  CS Divesh Goyal    03 July 2015 at 10:58

BACKGROUND:India is a preferred destination for investment from NRIs, Foreign Nationals and Foreign Companies due to its booming economy and wealth of resources. India is among the fastest growing economies in the world, slated for tremendous growth



Right issue of shares under Co. Act, 2013

  CS Divesh Goyal    03 July 2015 at 10:35

BACKGROUND:As per Section 62(1) of the Companies act, 2013 if the Company decides to issue fresh shares, these should be offered to existing shareholders in proportion to existing persons who are holders of equity shares.�Right Issue� mea



Provisions of charge given under Co. Act, 2013

  CS Divesh Goyal    27 June 2015 at 17:31

Definition of Charge: ― As per Section-2 (16) Charge means- An interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage; PROVISIONS OF CHARGE GIVEN UNDER CHAPTER VI OF COMP



Nidhi Company - Companies act, 2013

  CS Divesh Goyal    25 June 2015 at 10:46

Section � 406 read with rules of Companies (Nidhi Companies) Rules, 2014 SECTION 406 OF COMPANIES ACT 2013 AND NIDHI RULE 2014 GOVERNED THE LAW AND PROCEDURE FOR NIDHI COMPANY. Nidhi� means a company which has been incorporated as a Nidhi



Advantages & disadvantages of OPC

  CS Divesh Goyal    24 June 2015 at 11:07

�In order to succeed, we must first believe that we can."Till 31St March, 2014, if you wanted to set up a private company, you needed at least one other person because the law mandated a minimum of two shareholders. So, for the person wan



Process for conversion of company into OPC

  CS Divesh Goyal    18 June 2015 at 10:47

This brief write up an attempt has been made to unlock the technicalities related to Conversion of Private Company into One Person Company prescribed under Companies Act, 2013. I believe that the procedure for Conversion of Private Limited Company in



Exemption to private limited company

  CS Divesh Goyal    08 June 2015 at 11:26

Dear Professionals,MCA u/s 462 passed exemption for Private Companies under Companies Act, 2013 Provisions of companies act, 2013 given below will not apply or shall apply with such exceptions, modifications and adaptations, as specified below.Compan