Corporate Law Articles
Risk Management under the Companies Act 2013
The Companies Act 1956 did not contain any mandatory provisions relating to Risk Management, whereas the Companies Act 2013 placed specific expectations on important stakeholders in a company, namely, the Board of Directors, Audit Committee and the I
The Drag along and Tag along rights
DRAG ALONG AND TAG ALONG RIGHTS UNDER SHAREHOLDERS� AGREEMENT;-As we know in private limited and closely held public limited companies, there are restrictions on transfer of shares. When an entrepreneur starts a venture or business with new ide
Overview of Schedule II of Companies Act 2013
The Schedule II of the Companies Act, 2013 namely, Useful lives to compute Depreciationhave been brought into effect from 1st April, 2014 with a General Circular 08/2014 dated 4th April, 2014, replacing t
Incorporation of Section (8) Company
INTRODUCTIONThe concept of non-profit making company is quite old in India. In erstwhile Companies Act, 1956 it was regulated by Section 25 and that is why it was popular as Section 25 Company. However in Companies Act 2013 provisions related to non-
Incorporation of LLP
INCORPORATION PROCEDURE FOR LIMITED LIABILTY PARTNERSHIP (LLP)Limited Liability Partnership is a form of business organization which has been introduced in India by way of LLP Act, 2008. A Limited Liability Partnership combines the benefits of both
Procedure for Registration of Section 8 Company
Section 8 CompanyIntroductionSection 8 Company is a Company licensed under Section 8 of the Companies Act, 2013 (the Act), erstwhile known as Section 25 Company under the Companies Act, 1956, which has main object; For promoting commerce, art, scienc
Share Certificate
ABOUT SHARES:�Shares� As per Section 2(84) of Companies Act, 2013 Share means Share in the share capital of a Company and Include stocks.Share or Debentures are movable property transferable in Manner provided in the AOA of Company. (Sec
Small Company with a Big Concept
Small company is a concept introduced in the Companies Act 2013 and the definition of Small Company is provided under section 2 (85), which reads as
Loan from director
As per Rule 2 sub rule 1 clause vii of the Companies (Acceptance of Deposits) Rules, 2014�Any amount received from a person who, at the time of receipt of the amount, was director of the Company, will be out of preview of Deposits�.Condit
Ordinary Resolutions
As per Section 114(1) of Companies Act 2013 : "A resolution shall be an ordinary resolution if the notice required under this Act has been duly given and it is required to be passed by the votes cast, whether on a show of hands, or electronicall
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