Corporate Law Articles

All you need to know about Surrender of IEC License

Posted by Ishita Ramani 24 June 2021 3745 Views

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.

Prohibition on loans or advances under Insurance Act, 1938

Posted by FCS Deepak Pratap Singh 21 June 2021 1990 Views

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.

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

Posted by Manpreet Singh 18 June 2021 4679 Views

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.

Conversion of LLP into Company | An analysis

Posted by Neethi V. Kannanth 18 June 2021 4674 Views

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'.

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

Posted by Karthik Potharaju 18 June 2021 8620 Views

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.

Evaluation of e-form CHG-1

Posted by SANDHYA MALHOTRA 15 June 2021 12568 Views

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.

Related Party Transactions under the Companies Act

Posted by Neethi V. Kannanth 12 June 2021 11417 Views

Provisions regarding Related Party Transaction are encapsulated u/s 188 of the Companies Act, 2013 which provides that a company cannot enter into any contract or arrangement with a related party except with the prior approval of the Board.

All about ROF registration in India: Everything you should know about Firm Registration

Posted by Ishita Ramani 12 June 2021 14577 Views

Discussing what is a Partnership Firm, the process for ROF (Partnership Firm) Registration, documents required for ROF registration and benefits of Firm (ROF) registration.

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

Posted by CS Tanveer Singh Saluja 12 June 2021 3037 Views

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.

Amendments in MCA E-Form Agile Pro

Posted by CS Lalit Rajput 08 June 2021 6963 Views

MCA via a notification dated 07th June 2021 has notified the Companies (Incorporation) 4th Amendment Rules 2021 wherein a new form Agile Pro - S has been released.