Corporate Law Articles
Format of Form DIR-2
In this article, we have provided a Format of Form DIR-2, which is the form that has to be filed while giving Consent to a person, to Act as a Director of a Company.
Cost records and Cost audit under companies act, 2013
The Cost Audit represents the verification of cost accounts and a check on the adherence of Cost Accounting Standards.
Section 185 - Loan to directors
SECTION 185- LOANS TO DIRECTORS, ETC. Section 185 lays down provisions relating to providing loans, guarantee and security to directors and other persons in who...
Section 188- Related party transactions
The Company can enter into any contracts/ arrangements/ transactions with related party only after seeking prior approval.
Udyam registration and new Classification for MSMEs
As announced as a part of economic stimulus and reforms in response to Covid 19, the Ministry of Micro, Small and Medium Enterprises has modified the classification criteria for MSMEs
Process of shifting of registered office from one state to another
Process of shifting of registered office from one state to another
Private placement of securities
A private placement is a sale of stock shares or bonds to pre-selected investors and institutions rather than on the open market.
Consumer Protection Act
The basic aim of the Consumer Protection Act, 2019 to save the rights of the consumers by establishing authorities for timely and effective administration and settlement of consumers' disputes.
Section 161 of the Companies Act, 2013- Additional Director
Generally, the director is appointed in the General Meeting of the Company. But sometimes the situation may require to appoint a director on an urgent basis and and in that case, the Board cannot wait to convey the general meeting and appoint the director, as it requires lots of formality and hence, the decision may get delayed.
Process of Right Issue of Shares
A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. In this article, we discuss all about the Rights Issue of Shares including its meaning, process, and procedure.
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