Corporate Law Articles

Process of alteration in Capital Clause of Memorandum of Association

CS Divesh Goyal 08 August 2021 at 10:34

All clauses of the Memorandum except the Capital Clause can be altered by following the provisions of Section 13 of the Companies Act, 2013 by passing a special resolution.

BSE Guidance Note for Companies Undergoing CIRP

CS Lalit Rajput 08 August 2021 at 10:33

Point 16 was inserted in Para A of Schedule III of LODR Regulations w.e.f. May 31, 2018, which mandated disclosures at various stages by companies undergoing CIRP.

Process of alteration in object of company

CS Divesh Goyal 07 August 2021 at 11:57

A company can alter its object clause by way of addition, deletion, modification, substitution, or in any other way by convening a board meeting as per Section 173 and SS-1.

FAQs on Dividend

CS Divesh Goyal 07 August 2021 at 09:24

Dividend is the distribution of some of a company's earnings to a class of its shareholders, as determined by the company's board of directors. They may be paid out in cash or in the form of additional stock.

FAQs on Declaration of Commencement of business

CS Divesh Goyal 07 August 2021 at 09:24

A declaration is filed by the directors in e-form Form No. INC-20A within 180 days from the date of incorporation of a company with ROC, indicating that all subscribers have paid their value of shares to the MOA.

MCA Monthly Due Date Tracker - August 2021

CS Lalit Rajput 07 August 2021 at 09:23

If the due date of any form given in this article falls between 1st April 2021 to 31st July 2021, then those forms can be filed without additional fees, till 31st August 2021.

Exemption from Chapter XXII: Companies Incorporated Outside India

CS Tanveer Singh Saluja 06 August 2021 at 19:17

The Central Government, by exercising its powers under section 393A of the Companies Act, 2013, has made certain exemptions from the provisions of sections 387 to 392 (both inclusive).

The Companies Amendment Bill 2020 - Impact on Penalties / Fine / Imprisonment

CS Divesh Goyal 06 August 2021 at 15:06

Discussing 10 changes pertaining to Formation of Companies, Variation of shareholder's Rights, Reduction of Share Capital, Debentures and 6 more proposed in The Companies Amendment Bill 2020.

ICSI - Multidisciplinary Firm

CS Divesh Goyal 06 August 2021 at 14:47

A CS in practice may form a multi-disciplinary firm with the member of other professional bodies as prescribed under regulations 168A and 168B in accordance with the regulating guidelines of ICSI.

Amendment in Companies Act, 2013 in March 2021

CS Divesh Goyal 06 August 2021 at 12:13

MCA has caused a myriad of amendments in the Companies Act, 2013 in March 2021. Covering all such amendments along with the impact of the same on the Corporates.