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over 7 years ago

Form Mgt 7 : For Filing Annual Returns Of The Company

Details about any penalty or punishment imposed on the company or any of its members along with the appeals made against such penalties.
over 7 years ago

Restricted Words List: Helps To Choose A Name For Your Company

After incorporating a company in India, the next step is to register it legally.
over 7 years ago

What Are Asset Reconstruction Companies (Ar Cs)?

Registration under Companies act An ARC company needs to be registered under companies act either as Private limited Company or as a Public Limited Company.
over 7 years ago

Reduction Of Equity Share Capital (Under Companies Act)

The equity capital of the company is normally calculated through evaluating the company assets whether intangible or tangible through current market evaluation.
over 7 years ago

Preference Shares Vs Equity Shares

A company can issue two different types of shares i.e.
over 7 years ago

Can A Company Reduce Its Share Capital?

The funds raised by a company in exchange for its shares are known as the share capital of a company.
over 7 years ago

Can A Subsidiary Own Shares In A Parent Company?

When a company is controlled and managed by another company, the company that is being managed is termed as subsidiary while the controlling company can either be a parent company or holding company.
over 7 years ago

Closing A Foreign Company In India

A foreign company can be defined under Section 2(42).
over 7 years ago

Name Approval By Crc

What is the procedure of applying for the unique name of the company?
over 7 years ago

Restoring Name Of A Stuck Off Company

What is a defunct company?
over 7 years ago

Related Parties As Per Companies Act 2013

According to the Companies Act 2013, related party in a company refers to as – A director or his relative.
over 7 years ago

The Companies Act 2013: Significant Beneficial Ownership

In case the member is a company or partnership firm it should not hold less than 10% of the share capital or entitled to not less than 10% of the profits of the partnership.
over 7 years ago

Trust Registration In India

Trust is an arrangement where one person gives the ownership of the property to another party (usually a trust) to be taken care of for another party commonly known as a beneficiary.
over 7 years ago

Corporate Social Responsibilities (Companies Act 2013)

According to Section 135 of the Companies Act, 2013, all companies whose - Net worth is Rs. 500 Crore or more.
over 7 years ago

Dematerialisation Of Physical Shares

For conversion, a person is required to open a Demat account with depository participant and file a dematerialisation request form along with his share certificates.
over 7 years ago

How To Start A Travel Agency Business In India [Detailed Procedure]

According to the size and investment a person can choose between a: Private Limited Company (PVT): A private limited company is an attractive business model as it is a company with a minimum paid-up share capital of 1 lakh.
over 7 years ago

The Process To Revive A Strike Off Company

What companies can be revived?
over 7 years ago

Issue And Purchase Of Shares By Nri

NRI stands for Non-Resident Indian, but it can be classified into two categories; A person who does not resides in India but holds an Indian passport A Person of Indian Origin (PIO), a non-resident Indian having a foreign passport.
over 7 years ago

Fast Track Merger

The company law now provides protection to the investors and minorities in a company; this initiative is a bright spot in the history of the corporate initiative as it aims to bring transparency and accountability in the corporate sector.
over 7 years ago

Mandatory Website Disclosure As Per Companies Act

A company’s website or a corporate website provides background information about the company’s business.
over 7 years ago

Key Management Personnel

According to rule 8 of the Companies (Appointment and Remuneration of Managerial Personnel) act 2013, states that it is mandatory for all the listed companies and public companies having share up capital of INR 10 crore to appoint KMP.
over 7 years ago

Procedure For Opening A Bank Account For Sole Proprietorship

Can a person open a bank account for his proprietorship?
over 7 years ago

Share Transfer Through Physical Mode

On 8th June 2018, The Securities and Exchange Board of India (SEBI) intimated the companies that physical shares cannot be transferred if not dematerialised before 1st April 2018.
over 7 years ago

Voting Rights Of Shareholder In India

Voting Rights of Equity Shareholder Equity shareholders in a company are the main shareholder of the company but when the distribution of share is done the preference shareholder will be the first one to be distributed the dividend.
over 7 years ago

Company Management Structure

Building a company is not a one-man show.
over 7 years ago

Wholly Owned Subsidiary

Wholly owned subsidiary Any company which is completely owned by another company such as a parent or holding company is known as a wholly owned subsidiary.
over 7 years ago

Share Certificate

A share is a part or holding of a shareholder in the share capital of a company.
over 7 years ago

Joint Shareholding In A Company

In a Private Limited Company, joint shareholders are considered as one/single member since the maximum number of members can not extend 200 in number.
over 7 years ago

Promoters Under Companies Act

Who is the Promoter of a company?
over 7 years ago

Reserve Unique Name (Run) Form

When a person incorporates a company or is planning to change the name of the company then the person has to file for a name for his company which shall not be similar to any other company’s name.
over 7 years ago

Small Company Under Companies Act

What is Small Company?
over 7 years ago

Startup India Scheme: Concept, Eligibility And Registration

Companies incorporated less than 7 years ago with an annual turnover of less than Rs. 25 Crores can be registered under this scheme.
over 7 years ago

Board Meeting Through Video Conferencing

Every company registered needs to hold a board meeting for its member to discuss the functioning of the company.
over 7 years ago

Supporting The Msme Sector: Initiatives By Mca

This filing of return is applicable for both private and public companies which are to be done in two parts MSME-1 which is for the initial returns and half-yearly return MSME-2.
over 7 years ago

Independent Directors: Appointment, Ownership And Roles

The person should not be a promoter of the company or any of its holding, subsidiary or associate company.
over 7 years ago

The Companies Act 2013: Post Incorporation Reqirements

Post incorporation requirements The first and the foremost requirement after incorporating a company is to hold a Board Meeting of all the directors, shareholders and other concerned board members within 30 days of incorporation. 1.
over 7 years ago

Certificate Of Succession

When a person dies without writing his will, all his assets, funds and investments, bank accounts everything under his name are transferred to a legal heir.
over 7 years ago

How To Register For Msme Databank

Micro, Small and Medium Enterprises (MSME) Registration provides benefit to the individual/companies who fall under the investment limit decided by the Government.
over 7 years ago

Can A Minor Become A Shareholder Of The Company?

One can register a company in India in two different ways.
over 7 years ago

Fast Track Exit For Defunct Companies

Defunct Company A defunct company can be defined as a company who has not been in business either since one year of its incorporation or has failed to deliver any business in the preceding two financial years.
over 7 years ago

Process Of Resignation Of Director: Process And Compliance

The companies act have now provided directors of the company with an easy exit option which was not possible before.
over 7 years ago

Board Resolution For Opening Bank Account

Opening a bank account for the company is a much different procedure than normally followed while opening a personal bank account.
over 7 years ago

Precautions To Take While Resigning As A Director.

Precautions to take before applying for the resignation By agreeing to become a director of a corporation, a person automatically accepts the duties and responsibilities related to that position.
over 7 years ago

How To Surrender Din

They are allotted by the central government to any individual who intends to become the director of a company.
over 7 years ago

Msme Loan In 59 Minutes: Online Application Process

The person is granted loan from 10 lacs to 1 crore according to their businesses.
over 7 years ago

Ssi Online Registration Process

SSI is the industrial undertaking which has one time fixed investment in plant, machinery and other equipment required to set up a small scale industry held either on ownership, lease or hire basis.
over 7 years ago

Process To Obtain Shops And Establishment License

Shop establishment license is issued by the government which gives permission to carry on a particular trade or business to personal.
over 7 years ago

Inc 22 A (Active E Form) Introduced By Mca For Company Kyc

What is E-Form Active (INC-22A) The 2019 amendment of company rules has introduced Active company tagging and verification as per the rules.
over 7 years ago

Board Resolution: When And Why Is It Required?

Board of the company decides on the course of action.
over 7 years ago

Importance Of Appointing An Auditor

Any member of the company can nominate a person for the role of auditor.