Corporate Law Articles
Impact of drastic fall in crude oil prices on Indian Economy
Mayank Mohanka 24 April 2020 at 10:31A negative price suggests, instead of buyers paying the sellers, sellers were paying buyers, $37 per barrel of crude oil, along with the crude oil.The producers (who dig the oil) didn't want it. The refiners won't touch it. And the consumers have no need for it.At the close of trading hours, the Crude OIL WTI future price breached the $0 level.
MCA Extends timeline for Name Reservation / Re-submission for Companies & LLP's
CS Lalit Rajput 23 April 2020 at 10:48MCA Extends timeline for Name Reservation / Re-submission for Companies & LLP's
Holding of annual general meetings by companies till 30th September
DEEPAK SETH 23 April 2020 at 10:29In the wake of pandemonium caused by spread of the COVID-19 virus, several representations have been received from stakeholders with regard to difficulty in holding annual general meetings (AGMs) for companies whose financial year ended on 31st December, 2019 due to COVID-19 has been extended to 30th September
What is Charge under companies Act, 2013?
DEEPAK SETH 23 April 2020 at 10:29A charge is stated in Section 2 (16) of the Companies Act, 2013 . There are mainly two classes that charges on a corporation fall into that is Fixed and floating charges
Decoding MCA Relaxation on Holding Of AGM
CS Lalit Rajput 22 April 2020 at 12:56The MCA has given relaxation to the companies whose financial year is ending on 31st December 2020. The MCA has allowed that AGM can be held till the 30th of September 2020.
Process of shifting of registered office from one State/UT to another
CS Shailja Tiwari 21 April 2020 at 16:45A Company shall have a registered office within 30 days of its incorporation. It is the official address of the company incorporated under the provision of Companies act 2013 or under any previous company law.
Fast track merger
PRIYANKA HARNOTIA 21 April 2020 at 16:42Fast Track Merger has been introduced with the intention of reducing the lengthy procedure of NCLT for the specified companies.
Procedure for Declaration and payment of dividend
PRIYANKA HARNOTIA 21 April 2020 at 11:22Dividend has not been defined under the Companies Act, 2013. However, as per our common understanding, the term dividend implies amount of return a shareholder is entitled to receive at a determined rate on the shares subscribed by him in a company.
UAN Passbook : UAN Status and Member Passbook
Aishna Kukreja 20 April 2020 at 18:27UAN status and the member passbook can be checked online on the EPFO Portal. Various member services on the EPFO portal can be claimed using UAN.
SEBI LODR Relaxations due to Lockdown 2.0
CS Lalit Rajput 20 April 2020 at 15:59SEBI has published Additional relaxations / clarifications in relation to compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('LODR') due to the COVID - 19 pandemic"
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