Corporate Law Articles

Relaxation on filing Forms CHG-1, CHG-9

CS Tanveer Singh Saluja 01 July 2021 at 08:48

The Ministry of Corporate Affairs vide Circular No. 12/2021 has provided relaxation in time for filing forms related to the creation or modification of charges under the Companies Act, 2013.

Due date of DPT-3, CFSS-2020 & NDH-1 extended or not?

CS Tanveer Singh Saluja 01 July 2021 at 08:46

MCA has granted additional time up to 31st August 2021 to Companies & LLPs to file those forms which are due for filing from 1st April 2021 to 31st July 2021, without any additional fees.

All About One Person Company

Neethi V. Kannanth 25 June 2021 at 09:37

Any person who is an Indian citizen, whether a resident in India or not i.e. NRI shall be eligible to incorporate a One Person Company and appoint its nominee.

All you need to know about Surrender of IEC License

Ishita Ramani 24 June 2021 at 09:33

When the IEC holder voluntarily revokes his rights to use the IEC for whatsoever reason, it is said to be the IEC Surrender. If the IEC License is no longer in use then the same can be surrendered.

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.