Articles by CS Divesh Goyal

Foreign company compliances

Posted by CS Divesh Goyal 06 July 2015 10237 Views

As Per Section 2 (42) Foreign company is a company or body corporate incorporated outside India which(a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and(b) conduct any business

Incorporation of WOS Foreign Company

Posted by CS Divesh Goyal 03 July 2015 11951 Views

BACKGROUND:India is a preferred destination for investment from NRIs, Foreign Nationals and Foreign Companies due to its booming economy and wealth of resources. India is among the fastest growing economies in the world, slated for tremendous growth

Right issue of shares under Co. Act, 2013

Posted by CS Divesh Goyal 03 July 2015 15902 Views

BACKGROUND:As per Section 62(1) of the Companies act, 2013 if the Company decides to issue fresh shares, these should be offered to existing shareholders in proportion to existing persons who are holders of equity shares.�Right Issue� mea

Provisions of charge given under Co. Act, 2013

Posted by CS Divesh Goyal 27 June 2015 13497 Views

Definition of Charge: ― As per Section-2 (16) Charge means- An interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage; PROVISIONS OF CHARGE GIVEN UNDER CHAPTER VI OF COMP

Nidhi Company - Companies act, 2013

Posted by CS Divesh Goyal 25 June 2015 15954 Views

Section � 406 read with rules of Companies (Nidhi Companies) Rules, 2014 SECTION 406 OF COMPANIES ACT 2013 AND NIDHI RULE 2014 GOVERNED THE LAW AND PROCEDURE FOR NIDHI COMPANY. Nidhi� means a company which has been incorporated as a Nidhi

Advantages & disadvantages of OPC

Posted by CS Divesh Goyal 24 June 2015 15036 Views

�In order to succeed, we must first believe that we can."Till 31St March, 2014, if you wanted to set up a private company, you needed at least one other person because the law mandated a minimum of two shareholders. So, for the person wan

Process for conversion of company into OPC

Posted by CS Divesh Goyal 18 June 2015 15918 Views

This brief write up an attempt has been made to unlock the technicalities related to Conversion of Private Company into One Person Company prescribed under Companies Act, 2013. I believe that the procedure for Conversion of Private Limited Company in

Exemption to private limited company

Posted by CS Divesh Goyal 08 June 2015 45708 Views

Dear Professionals,MCA u/s 462 passed exemption for Private Companies under Companies Act, 2013 Provisions of companies act, 2013 given below will not apply or shall apply with such exceptions, modifications and adaptations, as specified below.Compan

Analysis on director report

Posted by CS Divesh Goyal 05 June 2015 25688 Views

It is mandatory for every company, to forward to its members, along with its annual Financial Statement the Board of Director�s report. Report of Board of Directors should be �ATTACHED� to the Balance Sheet laid before the AGMProvis

The Companies Amendment Act, 2015

Posted by CS Divesh Goyal 30 May 2015 22417 Views

New Delhi: The RAJYA SABHA on 13th May 2015 passed the Companies (Amendment) Bill, 2014, which provides for severe punishment for those raising illegal deposits from the public.The LOK SABHA in 2014 passed the Companies (Amendment) Bill, 2014, after