Corporate Law Articles

What is Nidhi Company?

Posted by Niche Compliance 14 January 2021 2640 Views

Nidhi means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and saving amongst its members

Reconciliation of share capital audit report in E-form PAS-6

Posted by Brajesh Kumar 13 January 2021 2835 Views

The due date of e-form PAS-6 is falling under moratorium period starting from 01.04.2020 to 30.09.2020 given by MCA vide General Circular dated 24th March, 2020 (special measures taken in view of COVID-19 outbreak).

Loans from Directors under Companies Act 2013

Posted by Pooja 13 January 2021 22761 Views

Loans from Director may be secured as well as unsecured. Unsecured Loans from directors may have zero rate of interest.

All You Need To Know About Pre-packaged Insolvency Resolution Process (PPIRP)

Posted by CA Rajesh Pilleda 11 January 2021 6279 Views

In a broad area of corporate restructuring, the PPIRP is a subset where the terms of restructuring usually take place prior to the filing of the insolvency procedure.

Corporate tax regime in Dubai (UAE): An overview

Posted by CS Lalit Rajput 11 January 2021 3838 Views

Dubai, a major business center in the Middle East has been treated as a tax haven for the Investors / Businessmen. The Taxation system is very satisfactory for the Businessmen and Investors.

Increasing paid-up share capital: Through private placement

Posted by Nishant Mishra 09 January 2021 5094 Views

Section 2 clause (64) define paid-up share as "paid-up share capital" or "share capital paid-up" means such aggregate amount of money credited as paid-up as is equivalent to the amount received as paid-up in respect of shares issued and also includes any amount credited as paid-up in respect of shares of the company

MSME Classifications and Registration Requirements w.e.f. 01.07.2020

Posted by Hemant Kumar Gupta 09 January 2021 3014 Views

Ministry of Micro, Small and Medium Enterprises have come out with notification no. [F. No. 21(5)/2019-P&G/Policy (Pt-IV)] dated 26th June 2020, wherein new criteria of classification of enterprises and new registration procedures under MSMED Act,2006

Private Placement- Section 42

Posted by Neha Redekar 07 January 2021 11087 Views

Private Placement means any offer of securities or invitation to subscribe securities to a selected group of persons by a company

No extension of CFSS 2020 & LLP Settlement Scheme and Its Impact

Posted by Bidisha 06 January 2021 22137 Views

In this article, we understand all about the CFSS 2020 and LLP Settlement Scheme including its various benefits, highlights, and the consequence of not extending these schemes.

Procedure to Alter Object Clause of Company

Posted by Jasmeen Marwah 06 January 2021 5222 Views

After incorporation there may come certain situations where the company has to add/delete some objectives, mainly for expansion of business. Thus, there are few steps which need to be followed in case of any change made in Objective Clause of MOA (also refer section 13 of Companies Act, 2013).