Corporate Law Articles

DIN Number - Registration Process and Features

Posted by Sameer Shah 07 November 2015 23655 Views

DIN or Directors Identification Number is required for all the present and proposed Directors of Company. The concept of DIN was introduced through the Companies (Amendment) Act, 2006.In this article we will discuss about unique features of DIN numbe

Loan to director and section 185

Posted by CS Manohar Mishra 06 November 2015 22458 Views

The word �Loan� is nowhere defined under the Companies Act, 2013. In common parlance it means giving certain sum of money, to a person or body corporate, for a certain period of time at a Interest rate and on upon the requ

Section 3 of companies act 2013

Posted by MANSHI BAID 31 October 2015 19164 Views

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

Posted by CS DHANAPAL 30 October 2015 11987 Views

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

Posted by Krishan Singla 29 October 2015 13610 Views

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

Posted by CS Divesh Goyal 27 October 2015 39549 Views

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

Posted by CS DHANAPAL 27 October 2015 12069 Views

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

Posted by CS DHANAPAL 26 October 2015 8952 Views

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

Posted by deepak K Gujrati 22 October 2015 18554 Views

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

Posted by Sundharesan Jayamoorthi 20 October 2015 16197 Views

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