Corporate Law Articles

Overview of Board Meeting

Posted by Taxblock 22 November 2021 2243 Views

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

Posted by CS Lalit Rajput 20 November 2021 3542 Views

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

Posted by Taxblock 20 November 2021 1098 Views

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

Posted by Taxblock 20 November 2021 4941 Views

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

Posted by Taxblock 19 November 2021 2789 Views

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

Posted by Priya Aggarwal 19 November 2021 3112 Views

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.

Appointments, Roles, Responsibilities of Company Secretaries in India and its removal

Posted by Taxblock 19 November 2021 3493 Views

The main role of CS in an organization is auditing the company's tax returns maintaining and, keeping books of accounts, advising the board of directors regarding the financial and legal risks of the company and ensuring that the company complies with statutory and legal regulations.

Alteration in charter documents of the company - Alteration of memorandum of association

Posted by Taxblock 19 November 2021 1686 Views

The name of the company can be changed by passing special resolution and with written approval of Central Government. Approval of Central Government is not required if the change relates to only addition or deletion of word Private to the name of the company.

Form No. CSR-1 - Registration Of Entities For Undertaking CSR Activities

Posted by Neha Redekar 18 November 2021 5030 Views

E-Form CSR-1 is required to be filed pursuant to the provisions of section 135 of the Companies Act, 2013 and Rule 4(1) and (2) of the Companies (Corporate Social Responsibility Policy) Rules, 2014.

Bad Bank - A remedy for the NPA Illness

Posted by CA Ranganatha Achar K 15 November 2021 7170 Views

In the Budget for FY 2021-2022, Finance Minister Mrs. Nirmala Sitharaman announced that an Asset Reconstruction Company Limited (ARC) and Asset Management Company (AMC) will be set up to deal with the stressed assets of the public sector banks.