Companies Act 2013

Private Limited Company is one of the most popular forms for carrying the business in India. It is formed under the Companies Act, 2013 (previously Companies Act, 1956). A Company is a separate legal entity distinct from its members. The day to day affairs and management is handled by the Board of Directors. Board of […]

A Company is a legal entity made of association of people having the same goal or purpose. A company doesn’t have any physical appearance but to run its work and affairs some natural persons are required. There could be a number of people but director are specially appointed by shareholders to manage the day to

When setting up a company in India, one of the earliest and most critical decisions you will face is selecting a suitable company name. Your chosen name holds significant weight as it serves as the initial representation of your brand. Opting for a company name that sticks in the minds of potential customers is paramount.

The Companies (Amendment) Bill 2019 was passed by the Lok Sabha. It introduced some changes to the Companies Act 2013. It amends the laws related to Indian companies.  Companies Act 2013 The Companies Act 2013 regulates the formation and functioning of corporations or companies in India. The first Companies Act after independence was passed in

In voluntary winding up, when a company decides to close down its operations, a liquidator is appointed to oversee the process. But what exactly does a liquidator do? The liquidator holds significant powers, including gathering and selling company assets, settling debts, and distributing remaining funds to shareholders. Moreover, they bear the responsibility of ensuring fair treatment to

A limited liability partnership is a corporation created and registered under the Limited Liability Partnership Act, 2008, and is a distinct legal entity from its members. An endless succession is a feature of an LLP, and any changes in the members have no bearing on the entity’s existence, rights, or obligations. Learn more about designated

Meeting minutes are notes that are recorded during a meeting. They highlight the key issues that are discussed, motions proposed or voted on, and activities to be undertaken. The minutes of a meeting are usually taken by a designated member of the group. Their task is to provide an accurate record of what transpired during

In India, numerous private limited company has captured significant market shares in their specific sectors. This success is hugely credited to the Directors who play a massive role starting from the incorporation stages to activities that are a part of the post-incorporation stage. A company is an artificial judicial person managed and run by natural

One of the most essential types of company organisation is a partnership firm. It is a common company structure in India. A partnership firm must be formed by at least two people. A partnership firm is formed when two or more people join forces to start a business and divide the profits in an agreed-upon ratio.

The name of a company serves as its identity, compressing its essence, values, and aspirations. It is the first impression to stakeholders and customers alike, conveying credibility and purpose. A well-chosen name resonates with the company’s mission, reflecting its uniqueness and setting the tone for its journey ahead. A limited company’s name can be changed