Companies Act 2013

Form INC-29 Fast Track Company Registration

In order to simplify and expedite (fast track) the company registration procedure in India, the Ministry of Corporate Affairs (MCA) has introduced an integrated incorporation form – Form INC-29. The process of getting Company Name Approval, Director Identification Number (DIN) and Incorporation application in Company Registration Form INC-29 has been merged into a single process that has accelerated the process of starting […]

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CRUX of Section 108, 109 & 110 of Companies Act, 2013

Section 108 of Indian Companies Act 2013 contains provisions for ‘Voting through electronic means’,  Section 109 of Indian Companies Act 2013 contains provisions for ‘Demand for poll’ and Section 110 of Indian Companies Act 2013 contains provisions for ‘Postal ballot’.Section 110 of the Indian Companies Act, 2013 contains the provisions of the ‘postal ballot’, Section 109 of the

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Equity Shares with Differential Rights

Equity shares are the most common form of ownership in a company. They represent a proportional ownership in the company’s profits and assets. However, in recent times, there has been a growing trend in companies offering equity shares with differential rights. Equity shares with differential rights, also known as DVRs, are shares that have different rights

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procedure for increase in the authorised share capital

Every company eventually needs more money to run it. This fund might be required both immediately and later. A short-term requirement can be satisfied by loans and advances. However, in the long run, it will demand more money. This can be done for a Private Limited Company by increasing the company’s authorized capital. Any changes

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Forms under Companies Act, 2013

The Companies Act of 2013 is the law that governs each and everything regarding corporate entities. Corporate entities include one-person companies, private limited companies, subsidiary companies, holding companies, government companies, banking companies, public limited companies, limited liability partnership firms, etc. For every operation and management of these companies, a procedure has been prescribed under the Companies Act.

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Conversion of Dormant Company To Active Company

A company acquires the Dormant Company status when the Registrar approves an application in Form MSC-1 of Companies. There are several reasons why a company seeks dormant status. Please refer to our detailed discussion on the procedure to convert an active company as a dormant company; click here. A company can remain dormant only for

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Complete Checklist of Nidhi Company Compliances

Nidhi Company, formed under Section 406 of the Companies Act, 2013, is a type of finance company that is formed for the mutual benefit of its members. It accepts deposits from its members and grants loans to them for different purposes. Nidhi companies must fulfill certain compliance requirements prescribed under the Companies Act, 2013, compliances

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Applicability of Section 62-(1) of the Companies Act, 2013

As per Section 62(1) of the Companies act, 2013 if the Company decides to issue fresh shares, these should be offered to existing shareholders in proportion to existing persons who are holders of equity shares. ‘Right Issue’ means offering shares to existing members in proportion to their existing share holding. The object is, of course,

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Composition of the Board of Directors of a Listed company in India

The board of directors are can be called the brain of the company. They are responsible for taking all the big decisions and making policy changes. These decisions are taken in special meetings members of the board hold together, called ‘Board Meetings’. Section 149 of the Companies Act states that every company’s board of directors must

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