Articles by CS MOHIT SALUJA

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Checklist of documents for directorship in Indian companies by persons resident outside India

CS MOHIT SALUJA 11 January 2023 at 09:00

In the recent years, the Government of India has liberlised its policies for the Foreign Investors whereby they can come to India and invest in various sectors. Presently every sector except a few like railway, defence, agriculture, real estate etc are allowed by the Government, where Foreign Direct Investment can be made through automatic/ approval routes.

Posted in Corporate Law | 3570 Views

Appointment of foreign national as a director of Indian company

CS MOHIT SALUJA 09 January 2023 at 08:55

The company’s law in India does not bar foreign nationals to become directors in Indian companies. A foreigner or a non-resident Indian can become an executive or a non-executive/independent director of Indian companies whether public or private.

Posted in Corporate Law | 5352 Views

Extension Of Due Date For Holding Of AGM 2021

CS MOHIT SALUJA 14 September 2021 at 09:36

Section 96 of the Companies Act, 2013 provides that every company other than a one person company shall in each year hold an Annual General Meeting of its shareholders and not more than fifteen months shall elapse between the date of one annual general meeting of the company and that of the next.

Posted in Corporate Law | 15225 Views

Requirement of CSR-1 Form by the NGOs/ Societies/ Trust to avail Corporate Funding

CS MOHIT SALUJA 29 May 2021 at 23:09

Discussing the meaning of CSR-1 Form, what documents are required to be attached along with this form and what are the pre-requirements for NGOs/Trusts and Section 8 companies for filing this form.

Posted in Corporate Law | 2 comments | 10095 Views

Small Companies under Companies Act 2013: Benefits / Privileges

CS MOHIT SALUJA 08 April 2021 at 16:50

In the Union Budget 2021, FM had proposed a major change in the Companies Act, which is related to the Status of Small companies, which is being determined by their capital and turnover.

Posted in Corporate Law | 1 comments | 8829 Views

Procedure of trust registration in Punjab

CS MOHIT SALUJA 24 April 2020 at 11:18

As per the Indian Trust Act 1882, a Trust is an arrangement where the author/ owner (trustor) transfers the property to someone else (trustee) for the benefit of a third person (beneficiary).

Posted in Others | 2127 Views

Due diligence reports for banks

CS MOHIT SALUJA 18 April 2020 at 12:10

Due diligence is a process of research and analysis that is initiated before an acquisition, investment, business partnership or bank loan

Posted in Corporate Law | 1857 Views

Foreign Direct Investment (FDI) in Proprietorship/ Partnership Firms

CS MOHIT SALUJA 16 April 2020 at 10:57

Foreign Direct Investment (FDI) in Proprietorship/ Partnership Firms

Posted in Corporate Law | 1992 Views

CSR Committees and its Meetings

CS MOHIT SALUJA 04 September 2019 at 11:18

Corporate social responsibility refers to the initiative and contribution of an enterprise towards the economic, environmental and social welfare of the general community. In this article, we look at some of the major aspects of CSR committees and its Meetings

Posted in Corporate Law | 5 comments | 13764 Views

How to activate DIN of Disqualified Directors

CS MOHIT SALUJA 03 September 2019 at 11:07

In the year 2017, Ministry of Corporate Affairs by taking the ambit of Section 248 which talks about 'Power of Registrar to remove name of company from register of companies' struck off more than 2 lakh companies which were not filing its returns for the last many years and the Government was of the view that such companies were not carrying on their business for more than 2 years.

Posted in Corporate Law | 11130 Views