Corporate Law Articles
Acceptance of depost u/s 58A
ACCEPTANCE OF DEPOSIT U/S 58A OF THE COMPANIES ACT, 1956 Frequently asked questions on acceptance of Deposits under Section-58A Question:1 As per section 3(1)(iii)(d) of the Companies Act, 1956 a Pvt. Limited Company is prohibited from inviting o
CLAUSES MAKE AGREEMENTS FLAWLESS
CLAUSES MAKE AGREEMENTS FLAWLESSCS. Monika Bhardwaj, B.Com (Hons), ACSIn common parlance the terms ‘Agreement’ and ‘Contract’ are used as synonyms. But in legal jargon, these two terms are not the same. Agreement is a vital el
Evidentiary value of minutes under section 195 - an analysis
Section 195 of Companies Act, 1956 says that where minutes of the proceedings of any general meeting of the company or of any meeting of its Board of directors or of a committee of the Board have been kept in accordance with the provisions
Settled Principles of Law Vs. Company Law
Understanding settled principles of law is very very important while presenting or pursuing a case before a Court of law, Board or any Tribunal. Keepin...
NATURE OF LIMITED LIABILITY PARTNERSHIP (LLP)
NATURE OF LIMITED LIABILITY PARTNERSHIP (LLP) 1. Concept of “limited liability partnership” LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnershi
Obtain Digital Signature Certificate
Obtain Digital Signature Certificate What is a Digital Signature Certificate (DSC)? The Information Technology Act, 2000 provides for use of Digital Signatures ...
How to Incorporate a New Limited Liability Partnership
How to Incorporate a New Limited Liability Partnership A Limited Liability Partnership may be incorporated as per the procedure explained below: User Registration · Register yourself on the website of Ministry of Corporate Affa
Need for the New Corporate Form - LLP
Need for the New Corporate Form - LLPWith the growth of the Indian economy, the role played by its entrepreneurs as well as its technical and professional manp...
Passing of Board resolution by circulation under Section 289
Passing of Board resolution by circulation under Section 289 of the Companies Act, 1956. In the absence of any provision in the Act or the Company’s articles of association, requiring that the exercise of a particular power of the directors sh
National Company Law Tribunal - a comment
National Company Law Tribunal–comment: With the companies’ law amendments, 2002, by which the National Company Law Tribunal was constituted, puts a specific bar on the Civil Court’s Jurisdiction. The constitution of Nat
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