Corporate Law Articles

Liability of Director as Guarantor for Debts of the Company

FCS Deepak Pratap Singh 18 October 2021 at 09:50

A personal guarantee by a director is a contractual promise to pay the debts of the company in the event that the company is unable to pay the guaranteed debt. ..

MCA / ROC Compliance Calendar & Updates - October, 2021

CS Lalit Rajput 16 October 2021 at 10:25

Discussing compliance requirements and important updates under the Companies Act, LLP Act, and ROC Return Filings for the month of October 2021.

Matters Requiring Special Resolution Under the Companies Act, 2013

Neha Rajan Redekar 15 October 2021 at 13:29

Section 114(2) provides that a resolution shall be a special resolution when that intention has been duly specified in the notice calling the general meeting or other intimation given to the members.

Appointment Of Internal Auditor Under Companies Act, 2013

Neha Rajan Redekar 13 October 2021 at 12:16

Internal audit is a continuous and systematic way of risk management, and proper governance in order to bring out more transparency and accountability in the company's activities.

Diversion of Business Opportunities by a Director for its Own Benefit

FCS Deepak Pratap Singh 13 October 2021 at 09:56

The duties of directors are higher than those imposed by law on an employee since they are not senior managers of the company but fiduciary and are responsible for the success of the company.

Concept of One Person Company - An Analysis

Neha Rajan Redekar 11 October 2021 at 14:44

One Person Company means a company that has only one person as a member. It is a separate entity distinct from its members, limited liability protection to shareholders and has a perpetual succession.

Due Date Compliance Calendar for the m/o October 2021

Sazal Sharma 11 October 2021 at 09:44

It is important to plan your month so that you don't miss any due dates. In this article, we discuss all the due dates under all the acts, that lie in the month of October 2021.

Applicability Of The Provisions Of Companies Act, 2013

Neha Rajan Redekar 10 October 2021 at 09:22

Provisions of Companies Act are applicable on the basis of paid-up capital, turnover, type of company, net profit or on the basis of outstanding loan and borrowings of the company.

Process of Appointment Of Statutory Auditor Under Companies Act, 2013

Neha Rajan Redekar 07 October 2021 at 15:15

As per section 139 of the Companies Act, 2013, the first auditor of the company shall be appointed by the board of directors within 30 days of Incorporation or Registration of the Company.

Corporate Compliance Calendar for the m/o October 2021

CS Lalit Rajput 06 October 2021 at 14:41

Discussing compliance requirements and important updates under the Income Tax Act, GST Act, FEMA, SEBI, Companies Act, IBBI and other statutory laws for the month of October 2021.