Corporate Law Articles

Legal Provisions for Checklist and Closure of LLP or Strike off of an LLP

Tanuj Chandra Saxenaa 10 December 2021 at 11:01

Rule 37 of the Limited Liability Rules, 2009 deals with the striking off name of Defunct LLP. Defunct means those LLPs which are not functioning or not operating.

Corporate Funding | An analysis

Tanuj Chandra Saxenaa 10 December 2021 at 09:44

A Company is a Big Holistic and Multi Dimensional Business organization and multiple functions take place on daily basis.

All about transmission of shares

Tanuj Chandra Saxenaa 10 December 2021 at 09:44

Transmission of shares is a process by operation of law where under the Shares are registered in a Company in the name of deceased person or an insolvent person are registered in the name of his legal heirs by the Company on proof of death or insolvency as the case may be.

Procedure to strike off/closure of a company

Tanuj Chandra Saxenaa 10 December 2021 at 09:44

The company must extinguish all its liabilities as a first step for strike off.

IBBI clarifies role of RP & liquidator in avoidance transactions

CS Lalit Rajput 10 December 2021 at 09:44

The Insolvency and Bankruptcy Board of India (IBBI) vide Facilitation / 001 / 2020 dated 08th May, 2020 has issued circular on Role of Resolution Professional / Liquidator in respect of Avoidance Transactions for educating the IPs and other stakeholders.

All about MGT-14: Filing of special resolutions to the ROC

Tanuj Chandra Saxenaa 09 December 2021 at 17:19

MGT-14 needs to be Filed by a Company with the Registrar of Companies (RoC) in accordance with section 94(1) and 117(1) of the Companies Act 2013 and the rules made thereunder.

NBFC - A Ready Reckoner

Tanuj Chandra Saxenaa 06 December 2021 at 16:03

Non-banking financial companies (NBFCs) are a vital part of the Indian financial service system. NBFC’s have multiplied in large numbers and serving the public at large to support the financial inclusion program with affordable credit at home.

All about RPT and AS 18

Tanuj Chandra Saxenaa 06 December 2021 at 15:41

The article highlights all about RTP and AS 18

IEPF - Provisions and practical guide

SANDHYA MALHOTRA 06 December 2021 at 15:10

Under section 205C of the erstwhile Act, certain amounts were prescribed which were required to be transferred to IEPF. However, under the Act, 2013 read with the IEPF Rules, certain additional amounts have been prescribed that shall be credited to the IEPF Fund.