Corporate Law Articles

Section 3 of companies act 2013

MANSHI BAID 31 October 2015 at 10:25

READ WITH THE COMPANIES (INCORPORATION) RULES , 2014FORMATION OF COMPANY TYPES OF COMPANIES ------- Public Company --- At least 7 persons Private Company --- At least 2 persons One Person Company � Only one perso

Exemptions and relaxations to Nidhi companies

CS DHANAPAL 30 October 2015 at 10:42

The Companies Act, 2013 has given due recognition to Nidhi Companies by treating them as a special class of companies. An entire Chapter, namely Chapter XXVI has been devoted to Nidhi Companies and relevant Rules also notified for them.Section 406 of

Members voted through e-voting be included in Quorum

Krishan Singla 29 October 2015 at 10:51

Clarity required on Quorum to conduct General meetings of Listed Companies as per Companies Act, 2013 Quorum means the presence of minimum number of members who are entitled to vote for conducting the business of the meeting . Section 103 (1)of the

Loan to director as per Sec-185

CS Divesh Goyal 27 October 2015 at 10:18

AS PER SECTION 185: No Company ( Private & Public)� Directly or Indirectrly� Advance any loan, including book debt,� to any of its directors or to a whom the director is interested� Any guarantee or provide any security in con

Exemptions & relaxations to government companies

CS DHANAPAL 27 October 2015 at 10:18

Since the introduction of the Companies Act, 2013 in September 2013, certain class of companies like Private Companies, Government Companies etc. was feeling the pressure of the rigorous provisions of the Act and the compliances required therein. Esp

Secretarial standard on general meetings - SS2

CS DHANAPAL 26 October 2015 at 10:41

Section 118 of the Companies Act, 2013 which contains provisions relating to minutes of Board, General and other meetings and resolutions passed by postal ballot, contains in sub-section 10 that �Every company shall observe secretarial standard

Conversion of Private Limited Company to LLP

deepak K Gujrati 22 October 2015 at 12:32

Very often it is asked, what is justification of having a private limited company? Small promoters and entrepreneurs asks questions like why to pay dividend distribution tax , why there is restriction on

MGT 7 - Regulator is not clear what it wants

Sundharesan Jayamoorthi 20 October 2015 at 11:05

MGT 7 � Difficulty of Reporting Compliance in IndiaThe principle, �when the regulator is not clear what it wants, give the regulator what you want�, applies to the annual filing of 2015.MGT 7 is the Annual Return for all companies

Number of directorships - A direction in good governance

Amitav Ganguly 14 October 2015 at 10:40

{Section 165 of the Companies Act 2013}BACKGROUNDThe basic legal premise of limiting the number of companies which an individual can hold directorships is that it is essential for his efficient functioning and effectual carrying out his fiduciary dut

CARO 2015 - in short

shivakumara swamy s 12 October 2015 at 10:34

CARO 2015Applicability � Applies to all companies, including foreign companies,Except � It is not applicable to Insurance co, banking co, charitable organizations, one person Company & private company with equity of not more than 5