Corporate Law Articles
Requirements for Incorporation of Private limited Company
Requirements for Company IncorporationFor Filing Name Availability (Form INC 1) Number of Promoters. Provide DIN, PAN Xerox of both sides, and Address proof Xerox of all promoters. Email ID, Phone number (landline if available, mobile number) of appl
Concept of one person company
OPC- Section 2(62) of Companies Act, 2013 provides that �One Person Company� means a Company which has only one person as a Member.CHARACTERISTICS OF OPC-1) Natural Person + Indian Citizen + Resident in India = Incorporate an OPC/ Nominee
Analysis on related party transcations
RELATED PARTY- As Per Section 2(76) of the Companies Act, 2013, Related Party meansa) A directorb) Relative of directorc) KMPd) Relative of KMPe) A Firm, in which a director, manager or his relative is a Partnerf) A Private Company in which a directo
Corporatization & demutualization of stock exchanges in India
EXISTING STRUCTURE OF THE STOCK EXCHANGE IN INDIA A Stock Exchange is an organized market for purchase and sale of listed Industrial and financial securities. Securities traded on Stock Exchanges include shares and debentures of Public Limited Compan
Secretarial Standard 1- A bird's view
The whole Secretarial Standard I is divided into following eight parts: 1. Convening a meeting 2. Frequency of meeting 3. Quorum 4. Attendance 5. Chairman 6. Passing of resolution by
Process of condonation of delay
Series- 119 PROCESS OF CONDONATION OF DELAY IN CREATION/MODIFICAITON/SATISFACTION OF CHARGECHARGE:Section 77 states that Companies are required to register ALL TYPES OF CHARGES, with ROC within 30 days of
Techniques of fraud reporting By auditors
Companies Act, 2013 has introduced provisions for detecting fraud at the grassroots level by forcing accountability to the Auditors of the Company. Accordingly Central Government notifies the Companies (Audit and Auditors) Amendment Rules, 2015 by a
Omnibus approval for related party transaction
In case of Companies Act, is the board required to approve all related party transactions from audit committee?[1] The Companies Act 2013 prescribes that a company needs approval of the audit committee on all related party transactions and subsequent
The thrust of corporate meetings
Assume a situation where company wants to appoint a new director or wants to increase its share capital. Now the question arises how company can give effect to the proposed business because company being an artificial entity cannot act on its own. Bo
Analysis of the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2015
The Analysis of the Companies (Meetings of Board and its Powers) Second Amendment Rules, 2015 and Companies (Audit and Auditors) Amendment Rules 2015 which to be published in the Gazette of India as on 14th December, 2015.In the Companies (Meeting of
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