When Does Shareholder / Member Of a Company Lose Limited Liability Protection and Become Severely Liable For The Debts Of The Company ?
A member or shareholder of an incorporated company is legally responsible for the company’s debts and obligations only up to the
Rectification Of Name Of Company
The Central Government shall ask to rectify the name of a company in the following two circumstances: The name of the
Note on Revival of Struck Off Company
When a company is incorporated under the Companies Act 2013, the Registrar of Companies ( RoC) enters the name of the
What company documents are available to shareholders on Request?
Section 17 of the Companies Act, 2013 says: (1) A company shall, on being so requested by a member, send
Service Of Notice & Any Other Document ‘ON’ & ‘BY’ a Company
Section 20 of the Companies Act 2013 details how notice & any other documents are to be served ‘on’ and
All About Acceptance Of Deposits From Members Of a Company
(A) TERMS & CONDITIONS OF ACCEPTANCE OF DEPOSITS FROM MEMBERS OF A COMPANY A company (both private limited company &
‘Securities’ Under Companies Act 2013.
‘Securities’ are Capital Instruments issued by a Company for fund raising . As per section 2 (81) of the Companies
Which Receipts Of Money Are Considered As Deposits For A Company?
Section 2(31) of the Companies Act 2013 defines deposit as : “deposit” includes any receipt of money by way of
How to Coin a Company Name as Per the Provisions of the Companies Act 2013?
The conventional method of coining company name is follows: UNIQUE NAME BUSINESS OBJECT CONSTITUTION TYPE Mainly it
What If From INC-20A (Declaration for Commencement of Business) Is Filed After 180 Days?
As per section 10A of the Companies Act 2013, every company can commence its business/ operations only after filing a
How To Close A Company By Its Promoters?
A company is incorporated /registered for the purpose doing business with limited liability. Even though a company is registered, sometimes
Nidhi Companies And Form NDH-4
Nidhi companies are companies incorporated to lend money among members and accept deposit from members on mutual benefit basis. The
Basics of Corporate Social Responsibility (CSR) Spending in India
India is the only country which mandates CSR spending by law.
Entrepreneurial Spirit Intact Inspite of Covid 19 Resurgence And Consequent Lockdowns
During May and upto June 16th, it was complete lock down in Kerala due to second wave of Covid 19.
India Crosses 50,000 DPIIT Recognized Startups
Government of India of launched Startup India initiative on 16th of January, 2016 to build a strong ecosystem that is
Who Owns The Arconym/ Trademark ‘KSRTC’?
It is an undisputed fact that ‘Kerala State road Transport Corporation’ and ‘Karnataka State Road Transport Corporation’ can be equally
The Law Relating To Foreign Exchange Transactions In India
Foreign exchange is one of the influencing factors of economic health of nations. Hence, very nation prescribe regulations on dealings
MCA To Bring More Control On Limited Liability Partnerships (LLP)
The Central Government ( Ministry of Corporate Affairs) is going to extend some of the controlling provisions contained in the
MCA Has Brought New Rules For Conversion of One Person Company (OPC) into a Public Company or a Private Company
MCA has brought new rules for conversion of One Person Company (OPC) into a Public company or a Private company
Union Budget 2021-2022 On Company Matters
The Union Budget 2021-2022 presented in parliament today ( 01/02/2021) aims to catalyze central government’s efforts to rest the already