Corporate Law Articles

Can company give loans to directors and relatives?

Affluence Advisory 17 August 2022 at 16:12

Section 185 of the Companies Act, 2013 contains prohibition, restriction and exemption for providing Loan, Guarantee, and Security to the Directors of the Company and any of their relatives.

FAQs V3 Company Forms - Director KYC, Charge & Deposit Forms

Suhasini 17 August 2022 at 12:56

Frequently asked questions on V3 Company Forms - Director KYC, Charge & Deposit Forms

Govt. update on Package for MSME Sector

CS Lalit Rajput 16 August 2022 at 14:48

The Central Government has announced Bailout Package for MSMESs Sector vide Press Release ID: 1846944 dated 01st August, 2022 and has operationalised AatmaNirbhar Bharat Package for MSMEs to cope up with the COVID-19 crisis.

Guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022

CS Lalit Rajput 13 August 2022 at 17:26

The Central Consumer Protection Authority has issued Guidelines for Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022 to provide for the prevention of false or misleading advertisements and making endorsements.

Corporate Compliance Calendar for the m/o August 2022

CS Lalit Rajput 12 August 2022 at 14:48

This article contains various Compliance requirements for the Month of August, 2022 under various Statutory Laws.

All about DIR 3 KYC

PRAGYA JAIN 12 August 2022 at 08:48

Every DIN holder who will be performing his/her KYC for the very first time after allotment of DIN will be able to file his/her KYC through form i.e. DIR 3 KYC form only. From the next FY, the DIN holder can complete the KYC using web based functionality.

LLP Strike Off: Rules and Procedure

CS. Sahil Jain 09 August 2022 at 09:00

As per Limited Liability Partnership Rules, 2009- Rule 37 (1), ROC has power to strike off any defunct LLP or any LLP may voluntarily apply to Registrar of Companies for striking off its name from the register.

Misconceptions regarding filing of annual return and applicability to prepare extract of annual returns

Affluence Advisory 08 August 2022 at 16:44

Annual Return is a significant document for all the Stakeholders of the Company as it provides in a nutshell, very comprehensive information about various aspects of the Company.

Case Study 10 - Foreign Exchange Management Act, 1999

FCS Deepak Pratap Singh 08 August 2022 at 09:47

Enforcement Directorate under Foreign Exchange Management Act (FEMA) carried out the investigation against the ABC Limited.

All about Annual General Meeting (AGM)

Amit Dharmani 05 August 2022 at 14:26

An Annual General Meeting (AGM) is an official gathering of management and the shareholders of the company. Annual General Meeting is required to be held to discuss the financial status, annual growth and operations viability and such other businesses that are mandatorily required under The Companies Act, 2013 i.e. "the act".