Articles tagged with companies

Restoring Name of A Stuck Off Company


Companies deregistered by ROC can apply for the revival of their name under Section 252 of Companies Act, 2013 by filing an appeal and writing an application to the tribunal under NCLT guidelines.

26 Mar 2019 by Jaskirat Kohli

Name Approval by CRC


Central Government established Central Registration Centre (CRC) with a specific objective of carrying out the process and disposal of applications sent for reserving the name of the company as per Companies Act.

27 Mar 2019 by Jaskirat Kohli

Closing a Foreign Company in India


Any foreign entity operating in India under Sec 2(42) if wishes to shut its business can do that simply by taking NOC from the ROC by filing its annual returns and form FC-2 along with other details.

27 Mar 2019 by Jaskirat Kohli

Can a Subsidiary own shares in a Parent Company?


According to MCA “No company shall, either by itself or through its nominees, hold any shares in its holding company and no holding company shall allot or transfer its shares to any of its subsidiary companies.”

27 Mar 2019 by Jaskirat Kohli

Can a Company Reduce its Share Capital?


For a company to reduce its share capital, a special resolution is passed in the board meeting, and with the consent of the Board Members, the application is sent to the Tribunal for its confirmation to reduce the share capital.

28 Mar 2019 by Jaskirat Kohli

What are Asset Reconstruction Companies (ARCs)?


Asset reconstruction company is a specialised financial institution that buys bad assets or NPA from banks and other financial institutions so that they can clean the balance sheet of the banks. The ARC's were first introduced through the SARFESI Act.

01 Apr 2019 by Archi Bhatia

Restricted Words List: Helps to choose a name for your Company


According to the new Companies Act, 2013 a guideline is set for incorporating a new name for the company under Rule 8 of Companies (incorporation) Rules, 2014. Restricted word list set out the list of names that cannot be used as the name of the company.

01 Apr 2019 by Jaskirat Kohli

Form MGT-7 : For Filing Annual Returns of the Company


Under sec 92 of Companies Act, 2013 every company registered in India has to file their annual returns to ROC by filing of Form MGT-7 within 60 days from which the company’s annual general meeting was held.

02 Apr 2019 by Jaskirat Kohli

Private Limited Company to Limited Liability Partnership


To convert a private company to an LLP, consent from the shareholders is required along with DIN, LLP agreement and certificate from RoC for completing the conversion process.

11 Apr 2019 by Jaskirat Kohli

Uber files for IPO Registration in the U.S.

Uber Technologies Inc. has recently filed for initial public offerings of worth $10 billion with the U.S Securities and Exchange Commission.
16 Apr 2019 by Tanya Sharma