Corporate Law Articles

Process of Conversion of OPC Into Private / Public Company

CS Divesh Goyal 27 July 2021 at 09:40

MCA has introduced the Companies (Incorporation), Second Amendment Rules, 2021 on 1st February 2021. An amendment in the Process of Conversion of One Person Company to Private/Public Company has been made.

All about LLP (Limited Liability Partnership)

Manju Laur 27 July 2021 at 09:06

Limited Liability Partnership is a combination of a company and a partnership firm. It has the limited liability of a company and flexibility of a partnership.

Analysis: IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2021

CS Tanveer Singh Saluja 26 July 2021 at 18:58

Decoding the new set of regulations introduced by the Insolvency and Bankruptcy Board of India to amend the existing IBBI (Insolvency Professionals) Regulations, 2016.

Analysis: Companies (Incorporation) Fifth Amendment Rules, 2021

CS Tanveer Singh Saluja 26 July 2021 at 18:56

The Ministry of Corporate Affairs has inserted a new Rule 33A - Allotment of a new name to the existing company under section 16(3) of the Companies Act and a new Form INC-11C.

Analysis of CSR Amendment Rules, 2021

CS Divesh Goyal 26 July 2021 at 18:53

MCA has introduced the Companies (Corporate Social Responsibility Policy), Amendment Rules, 2021 under which, the CSR spending has been made mandatory from voluntary w.e.f. FY 2020-21.

Checklist of Directors Report under Companies Act, 2013

CS Divesh Goyal 26 July 2021 at 09:35

Discussing the Checklist for Director's Report under the Companies Act, 2013 with regard to the Board's Report, Event/Limit Based Disclosures, and Mandatory Disclosures by a Public Company and a Listed Company.

Declaration And Payment Of Dividend: Section 123 Of The Companies Act, 2013

Neha Rajan Redekar 26 July 2021 at 09:32

Dividend is a return on the investment made in the share capital of a company. It’s the share of profits of a company that is distributed among its Members.

Compliance of Beneficial Interest

CS Divesh Goyal 25 July 2021 at 11:04

A beneficial interest is the right to receive benefits on shares held by another party. Beneficial interest is often referred to in matters concerning trusts, whereby one has a vested interest in the trust's assets.

Which MGT-7 should be filed by Small Companies

CS Divesh Goyal 25 July 2021 at 11:04

Via an amendment in Rule 11 of the Companies (Management and Administration) Amendment Rules, 2021, MCA has introduced e-form MGT-7A as an annual return for Small Companies and OPC w.e.f. FY 2020-21.

Guidance for Annual Filing 2020-21

CS Divesh Goyal 25 July 2021 at 11:04

Discussing the Mandatory yearly Compliances of a Private Limited Company, List of Annual Compliances and Details of Annual Filing of the Compliances of a Private Limited Company.