Section 390 to 395 of Companies Act, 1956 deal with arrangements, amalgamations, mergers and the procedure to be followed for getting the arrangement, compromise or the scheme of amalgamation approved. The business people or the MBA students look a
Company law will always be complicated to understand, but, certainly each and every provision of company law is backed by sound logic. It is imperative on the part of companies to understand the company law, the requirements under company
Procedure for issue of shares on rights basis in case of an unlisted company. (1) Authorised share capital. Check that there is sufficient authorised share capital in the memorandum of association to accommodate the increase in the subscribed share c
Precautions to be taken by the closely held companies/young entrepreneurs? With the liberalization of economy, FDI inflow and outflow, technological innovation, growth in service sector and with improvement in communication technology, it is very
2 SECURITY LAWS UPDATESThe ingenious ways to outsmart regulators It is a cat and mouse game being played out on the bourses with market regulator Sebi acting the cat’s part and the
The UPA government has introduced the much awaited Tax Regime for LLP. Key Highlights of the proposed tax regime are: LLP’s will be treated as Partnership Firms for the purpose of Income Tax w.e.f assessment year 2010-11 No surcharge will be
SELECTION OF A CORPORATE BUSINESS STRUCTUREIf you are new entrepreneur looking of doing a business in a corporate form of organisation, first you have to select a form of business organisation. There are four types of Corporate Business Forms availa
LIMITED LIABILITY PARTNERSHIP (LLP) INDIAPublished byCompaniesInn.com India Private Limitedwww.companiesinn.com 1. Concept of LLPLimited Liability Partnerships (LLPs) are commercial vehicles which combine the features of partnership
Ø Comparison of LLP with Partnership and Company Though LLP is a combination of both Partnership and Company, it differs from them in certain aspects as discussed below: Sr. No Conditions
AUDIT OF LLP Limited Liability Partnership alike Companies are required to get their accounts audited as per the provisions provided under Limited Liability Partnership Rules 2009.Is it necessary for all LLPs? No, Only the Limited Liability Partnersh
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