Corporate Law Articles

Summons issued u/s 50(2) & (3) of PMLA, 2002 cannot be quashed in Writ Proceedings

FCS Deepak Pratap Singh 23 November 2021 at 09:27

Summons issued under provisions of Section 50(2 ) & (3) of PMLA,2002 cannot be quashed in Writ proceedings

Loans And Investment By Company - Section 186 Of The Companies Act, 2013

Neha Rajan Redekar 22 November 2021 at 09:49

Section 186(2) of the Companies Act, 2013 provides that no company shall directly or indirectly Give any loan to any person or other body corporate; Give any gu..

Original Assured Rights under Re-Insurance Contract

FCS Deepak Pratap Singh 22 November 2021 at 09:49

Re-insurance is one the important instrument of risk financing and risk sharing.

Overview of Directors in a Company Meeting

Taxblock 22 November 2021 at 09:49

According to Section 149 of the Companies Act, 2013 the Board of Directors of each company shall comprise of only individuals. That means, body corporate, firm or association shall not be appointed as a director.

Overview of Board Meeting

Taxblock 22 November 2021 at 09:48

In case of One Person Company, Small Company, Dormant Company or private company which is a start-up, at least one meeting shall be conducted in each half of the calendar year and the minimum gap between these two meetings shall be at least 90 days.

All about DIR-3 KYC & FAQs

CS Lalit Rajput 20 November 2021 at 09:49

MCA (Ministry of Corporate Affairs) issued the Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019 and The Companies (Registration Offices and Fees) Fourth Amendment Rules, 2019 on 25th July 2019 on "DIR-3 KYC".

Overview of Board Committee

Taxblock 20 November 2021 at 09:47

The board of directors of the top 100 listed entities, determined on the basis of market capitalization, as at the end of the immediate previous financial year shall make a Risk Management Committee.

MOA and AOA of a Company under Companies Act - Memorandum of Association

Taxblock 20 November 2021 at 09:47

The Memorandum of Association is a document that specifies the constitution of a company and hence it is the foundation on which the company’s structure is built.

Constitution, Restriction and Powers of the board

Taxblock 19 November 2021 at 09:41

Section 149 of the Companies Act, 2013 states minimum and maximum number of the director that shall be in the company. The minimum number of directors in a private limited company is 2, for public limited it is 3 and for an OPC its1.

All about shifting of registered office of company

Priya Aggarwal 19 November 2021 at 09:41

Section 12(4) of the Act says Notice of change in situation of RO shall be given to the ROC in the same form within 30 days (60 days in case of IFSC Companies) of such change.