Page 1 of 9Dear All,As you all know, The Companies Act 2013 has been notified and made applicable from thefinancial year 2014-15. The 2013 Act introduces significant changes in the provisions related toFinancial Statements, Disclosure Norms, Complian
Dear Members,In India, before coming into effect Companies (Incorporation) Amendment Rules, 2015, there was only one route for incorporating a company. Earlier Incorporation of a Company starts from taking Director Identity Number (DIN) and Digital s
Introduction:The Institute of Company Secretaries of India (ICSI) has long back introduced some set of rules and norms, which are supplementary to the Companies Act, 1
�AND� & �OR� statements behave very differently. �AND� signifies that both conditions are required to be satisfied while �OR� signifies that only one condition must be met.
The popularity of Private Equity investment has grown rapidly over the last decade. Private equity investment usually refers to an equity investment in a potentially successful company that is not traded publicly in the stock market. Private equity i
VARIOUS COMMITTEES UNDER CO ACT 2013MANDATORY COMMITTEES AND THEIR THRESHOLDS & COMPOSITIONS: AUDIT COMMITTEE: Meeting of Audit Committee:� Audit Committee should meet at least four times in a year.� Maximum Gap b
Every individual intending to be appointed as director of a company shall make an application for allotment of Director Identification Number to the Central Government in such form and manner and along
COMPANIES ACT- 1956As per Section 266A of Companies Act, 1956: Every individual intending to be appointed as director of Company should obtain Director Identification Number (DIN). As per Section 266C of Companies Act, 1956: No individual, who had al
Adjudication of Penalties is New Concept under Companies Act, 2013. In earlier Companies Act, 1956, there were no such provisions like this. As all of us are aware that Compliances and governance has been increased under Companies Act, 2013. Minor no
PROCESS FOR INCORPORATION OF LLPINCORPORATION OF LLP UNDER COMPANIES ACT, 2013 Recently most entrepreneurs have started opting for Limited Liability Partnership, considering it has most positive features of Partnership and Companies. It is hybrid for