Corporate Law Articles

All about Association Clause in MOA

Kush Shah 24 June 2021 at 09:33

The individuals who want to be part of the association of persons need to sign a Memorandum of the company. This part where such signatures are affirmed is called the association clause.

Prohibition on loans or advances under Insurance Act, 1938

FCS Deepak Pratap Singh 21 June 2021 at 09:39

In the Insurance Act, loan/advance on insurance policies of full time employees of the company is allowed, provided that the amount of loan or advance should not exceed the surrender value of the policy at the time of granting loan/advance.

Recent Changes in the Companies Act w.r.t Board Meetings

Karthik Potharaju 17 June 2021 at 16:53

The recent amendment of Companies (Meeting of Board and Its Powers) Amendment rules, 2021 is the right move by MCA which will further ease the conduction of board meetings through VC & OAVM.

Conversion of LLP into Company | An analysis

Neethi V. Kannanth 16 June 2021 at 09:35

MCA passed a notification on 31st May 2016 allowing conversion of LLP into Company under the rules known as 'Companies Authorized to Register Amendment Rules, 2016'.

CSR: A Companies Act, 2013 & Income Tax Act, 1961 perspective in brief

Manpreet Singh 15 June 2021 at 17:17

Corporate Social Responsibility in simple terms means a company's responsibility to contribute towards the society. Section 135, makes it mandatory for certain companies to initiate CSR activities.

Evaluation of e-form CHG-1

SANDHYA MALHOTRA 14 June 2021 at 09:22

e-Form CHG-1 is required to be filed pursuant to Section 77, 78 and 79 and Section 384 and Rule 3 of The Companies (Registration of Charges) Rules, 2014.

All About the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2021

CS Tanveer Singh Saluja 11 June 2021 at 13:32

MCA has released the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2021 wherein amendments have been made in Forms IEPF-4 & IEPF-7.