Articles by Vinita Verma

All about Dormant Company under Companies Act 2013

Posted by Vinita Verma 08 August 2018 16946 Views

Dormant Company:When a Company is formed for any future project or to hold intellectual property or an asset and has no any significant accounting transaction, ...

MCA circulars dated 18.05.2016 regarding applicability of special courts

Posted by Vinita Verma 23 May 2016 6920 Views

ORDERS ISSUED BY MCA DATED 18.05.2016 REGARDING APPLICABILITY OF SPECIAL COURTSMCA has issued an order on 18.05.2016 clarifying the commencement of section 2(29), sections 435 to 438 and 440 of Companies Act, 2013.The notice states that:"S.O....

All Penalties under Companies Act, 2013

Posted by Vinita Verma 29 December 2015 44441 Views

The law poses various obligations to be discharged by the Companies , Directors, Managers and other Officials. Non-compliance of such obligations attracts punishment which may be imprisonment and/ or fine/ penalty. The new Companies Act, 2013 has com

Board Committees

Posted by Vinita Verma 26 December 2015 12874 Views

Committees have an important role to play in company governance. A Board can set up committees with particular terms of reference when it needs assistance or when any issue requires more attention. They can be set up for specific purp