Corporate Law Articles

Process of compounding of MGT-14

CS Divesh Goyal 30 April 2016 at 12:26

AS PER SECTION-117 OF COMPANIES ACT, 2013:Sub- Section 1 of Section- 117: A Copy Of Every Resolution or any agreement, in respect of matters specified in sub-section (3) *** together with the explanatory statement under section 102, if any, annexed t

Complete understanding of Section 62 and 42 of the Companies Act 2013

CA Sumat Singhal 28 April 2016 at 10:59

A COMPLETE AND CLEAR UNDERSTANDING OF SECTION 62 & 42 OF THE COMPANIES ACT 2013FURTHER ISSUE OF SHARE CAPITAL Section 62 of the Companies Act 20131) Where at any time, a company having a share capital proposes to increase its subscribed capital b

Analysis of defects in appointment of directors

Amitav Ganguly 27 April 2016 at 11:05

BACKGROUNDThe Board of Directors { Board} of a company is its highest decision making organ whose actions are however subject to shareholders jurisdictions as per the scheme of the Company jurisprudence. The directors constituting the Board act colle

Can Existing Company be converted into a Limited Liability Partnership?

Gaurav 26 April 2016 at 11:55

A company is an association formed by people, whether living or artificial, with a motive to earn profit. It is a legal entity which has the power to ask money from outsiders in the form of shares, may it be privately owned or public. An existing com

Comparison of CARO reporting as per Companies Act, 2013 and Proposed Caro (2016)

CS Divesh Goyal 23 April 2016 at 11:59

Comparison of CARO reporting as per Companies Act, 2013 and Proposed Caro (2016)The Ministry had set-up a Committee on 16th September, 2015 to examine and recommend matter for inclusion in the statement to be attached with Auditor�s Report unde

Deemed public company - Subsidiary of Public Limited Companies

CS Divesh Goyal 22 April 2016 at 10:49

A. History:The Companies Act, 1956 provides for two kinds of Companies: Private and Public. However, prior to amendment of the Act in the year 2000 by Companies (Amendment) Act, 2000 w.e.f. 13th December 2000, one more type of Companies prevailed, i.

Provisions relating to MD / WTD as per companies act, 2013

CS Divesh Goyal 21 April 2016 at 11:05

SECTIONS INVOLVED:Section 152(2): Save as otherwise expressly provided in this Act, Every Director shall be appointed by the company in general meeting.Section 170(2): A return containing such particulars and documents as may be prescribed, of the di

Common problems of MCA with solution

CS Ankur Srivastava 19 April 2016 at 15:14

W.e.f. 27th March, 2016 MCA portal is under unconsciousness stage. Stakeholders are not able to even login, sign, prefill, upload, prescrutiny check of forms. Unnecessary cookies related solutions are being suggested by the MCA. Effort

Appointment & continuation of managerial personnel above the age of 70

CS Divesh Goyal 18 April 2016 at 16:47

Provision:As per 196(3) No company shall appoint or continue the employment of any person as managing director, whole-time director or manager who is below the age to twenty-one years or has attained the age of seventy years:Provided that appointment

Register DSC on MCA Portal/ Role Check

Manav Harivyasi 18 April 2016 at 11:52

Guideliness to Register DSC of Director/How to do a Role Check?by Manav Harivyasi If you are in a Practise, whether a P.C.A. or P.C.S. or if you are in a whole time employment then you do had definitely faced the technical hitches while registering D