Articles by Ankur Garg
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Formalities for starting a New Business
Formalities for starting a New Business with Existing Business [Section-149(2A)] As per Section 13 of the Companies Act, 1956 the Object Clause of a company shall be divided into three categories:— 1. (i) main objects; (ii) objects incide
Certificate of Commencement of Business: Procedural Analysis
Dear Members, This Article is in continuation to my previous Article titled “PROCEDURES FOR INCORPORATION AND REGISTRATION OF COMPANIES”. Kindly excuse me if you fine any typing error. The date of incorporation of a company may not be th
Procedures for Incorporation and Registration of Companies
A company is a voluntary association of persons formed for the purpose of business activities. A company has distinct name and limited liability, it is a juristic person having a separate l
Resolutions, Notices, letters related with Statutory Auditor
Dear All, Please find below all the resolutions, notices, letters connected with Statutory Auditor under Section 224, 225, 228, 233A and 233B the Companies Act, 1956 at one place for your reference and record. Kindly excuse me if you find any typing
BASIC UNDERSTANDING ABOUT COMPANIES
BASIC UNDERSTANDING ABOUT COMPANIES Compulsory registration under the Companies Act Pursuant to section 11(2) of the Companies Act, 1956, where more than twenty persons jointly desire to carry on any business (Ten person in case of banking company
Corporate law handout- A must for EXAMS
Dear Friends, Please find below corporate law handout especially prepared for the CS Inter/ CS Executive/ CA Inter/ CA PE-II/ CA PCC/ CA IPCC students. This handout deal with various Company Law exam oriented topics like Quorum, Proxy, Dividend, AGM
Failure to enhance paid-up capital to minimum limit-Analysis
Company fails to enhance its paid-up capital to statutory minimum limit-An analysisThere are many complexities in the company law like other laws. Here an attempt has been make to take up a query that may raise its head in the mind of the professiona
Tips to prepare Good Minutes
Drafting of Minutes for Board Meetings The term ‘minutes’ though not defined in the Companies Act, 1956, is considered as a written record of proceedings of a meeting of any Company duly kept in pursuance of the law. Minutes contain int
Procedure for issue of Right Shares with letter of offer
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
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
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