Articles by Pooja

Dormant Status for Company

Pooja 11 December 2021 at 15:32

The Companies act 2013 has introduced new provision called Dormant Company. This concept is also known by profession as Asset Shielding Concept.

Private Placement of securities- Detailed Analysis

Pooja 12 August 2020 at 09:29

Private Placement Company needs funds to run its activities/business smoothly. Initially, the money comes from the subscription of the members.

Section 162 of the Companies Act, 2013- Appointment of Directors to be voted individually

Pooja 25 July 2020 at 14:54

The appointment of directors is done in the General meeting of the Company by passing Ordinary Resolution.

Loans from Directors under Companies Act 2013

Pooja 17 July 2020 at 09:58

Loans from Director may be secured as well as unsecured. Unsecured Loans from directors may have zero rate of interest.

Section 161 of the Companies Act, 2013- Additional Director

Pooja 27 June 2020 at 18:50

Generally, the director is appointed in the General Meeting of the Company. But sometimes the situation may require to appoint a director on an urgent basis and and in that case, the Board cannot wait to convey the general meeting and appoint the director, as it requires lots of formality and hence, the decision may get delayed.