Concept: Limited Liability Partnership, LLP is another corporate form of business which gives the benefits of limited liability of a company and the flexibility of a partnership firm. The LLP can continue its existence irrespective of changes in part
BACKGROUND:As per Section 62(1) of the Companies act, 2013 if the Company decides to issue fresh shares, these should be offered to existing shareholders in proportion to existing persons who are holders of equity shares.�Right Issue� mea
Meaning:Corporate social responsibility may be referred to as "corporate citizenship" and can involve incurring short-term costs that do not provide an immediate financial benefit to the company, but instead pr
ANNUAL RETURN: SCHEDULE V OF COMPANIES ACT, 1956 V/S FORM MGT-7 (along with Form 7.8) OF COMPANIES ACT, 2013 Section 1956 V/S Section 2013: Earlier the provisions of Annual Return were governed under Section 159,160,161, 162 & Schedule V of the A
Definition of Charge: ― As per Section-2 (16) Charge means- An interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage; PROVISIONS OF CHARGE GIVEN UNDER CHAPTER VI OF COMP
Section � 406 read with rules of Companies (Nidhi Companies) Rules, 2014 SECTION 406 OF COMPANIES ACT 2013 AND NIDHI RULE 2014 GOVERNED THE LAW AND PROCEDURE FOR NIDHI COMPANY. Nidhi� means a company which has been incorporated as a Nidhi
�In order to succeed, we must first believe that we can."Till 31St March, 2014, if you wanted to set up a private company, you needed at least one other person because the law mandated a minimum of two shareholders. So, for the person wan
Introduction1.1.1 Corporate Social Responsibility (CSR) in India is a statutory requirement under the Companies Act, 2013. Specif ically Section 135 and Schedule VII of the Act provide for the CSR compliances along with the Companies (Corporate Socia
INTRODUCTION Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life. The depreciable amount of an asset is the c
Boards need to understand each other in terms of values, beliefs, and purpose. This session is "Evaluating Board Performance,� a formal evaluation of the Board and individual directors are one potentially effective way to respond to the de
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)