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almost 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.
almost 7 years ago
Fast Track Merger
Fast track merger is the first significant change in the merger and acquisition regime in India since 1956.
almost 7 years ago
Mandatory Website Disclosure As Per Companies Act
However, in some cases where the company’s equity is listed, Securities and Exchange Board of India (SEBI) has made it mandatory for them as per the equity listing agreement to maintain a functional and updated website.
almost 7 years ago
Key Management Personnel
These personnel’s are: Whole time director Chief Executing Officer/Manager/Managing Director Chief Financial Officer (CFO) Company Secretary (CS) Any other officer prescribed by the government Who are all eligible for appointing a KMP?
almost 7 years ago
Procedure For Opening A Bank Account For Sole Proprietorship
Proprietorships are business entities that are not registered with the central government.
almost 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.
almost 7 years ago
Voting Rights Of Shareholder In India
A shareholder has the right to vote on the corporate policy which might involve making or selecting the board of directors, initiating corporate actions and when making any substantial changes in the operations of a corporation.
almost 7 years ago
Company Management Structure
The financial statements issued by the company have to conform with the accounting principles issued by the Institute of Chartered Accountants of India.
almost 7 years ago
Wholly Owned Subsidiary
Thus the government laws imposed on a subsidiary company does not apply to its parent company.
almost 7 years ago
Share Certificate
The Indian Companies Act mandates companies for issuing share certificates post their incorporation in Form SH-4 format.
