ESOPs BY FOREIGN HOLDING TO THE EMPLOYEES OF ITS INDIAN SUBSIDIARY List of Prescribed Compliances- Under FEMA and Companies Act, 2013 A) Compliances Under FEMA: In compliance of Master Circular on Dir..
The Ministry of Corporate Affairs (MCA), in exercise of the powers conferred by sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of section 125 and sub-section (6) of section 124 read with section 469 of the Companies Act, 2013 vide Notification no. G.S.R. 854(E) dated 5th September, 2016 had notified Investor Education and Protection Fund Aut..
Introduction Nidhi Companies are getting famous day by day in India as they are the cheapest way to register a Non-Banking Financial Company (NBFC) in India. In India, NBFC’s are governed by Re..
Introduction Section 168 of the Companies Act, 2013 (hereinafter referred to as "The Act") lays down the provisions relating to resignation of a director from his office. Section 165 of the Act, also, inter alia, lays down that the resignation by a director will be effective upon dispatch by him to t..
Fast Track Exit (FTE) is one of the quick ways to shut down a company, when it is non-operational over a period of time. It gives an option to Defunct Companies to get their names struck off from the Register of Companies. In its place, under the Companies Act, 2013 has brought in a process called Removal of Names of Companies from Register (Section 248 of a target..
Introduction It is a matter of great consternation that the Department of Company Affairs is working overtime to book companies for alleged violations of the provisions of Section 135 of ..
Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016 The Insolvency and Bankruptcy Board of India has issued the Notifi..
WHAT IS COMPANY? A company is a kind of business structure or a business organization. The company has been evolved from sole proprietorship business structure to partnership type of business and after that the company type of business structure came up. In case of companies mon..
Movies and companies have a huge influence on our lives today. While movies impact the popular choice of attire, language and behaviour, in the case of companies their influence is equally strong but only subtle. Not just for impact, but even in their workings common threads can be found. Producers, financiers, directors, actors, editors and audience all have their co..
Two is company’, a popular saying is no longer appropriate, after the enactment of the Companies Act, 2013, at least in the business world. With the introduction of a target="_blank" style="color:blue" href="/articles/Incorporation-of-a-One-Person-Company-..
4R’s form the basis for enforcement of any law; Companies Act, 2013, is no exception. Registration, the first R give the registrant a right which is denied to others. Company law too requires registration for giving registrants the benefit of limited liability by giving them a certificate of incorporation along with a unique Company Identification Number (CIN)...
Ironically, Satyam means “truth” in the ancient Indian language “Sanskrit”. Satyam won the “Golden Peacock Award” for the best-governed company in 2007 and in 2009. From being India’s IT “crown jewel” and t..
Companies Act, 2013, gives freedom to the Companies to do anything, which is legal and in the interest of stakeholders but with the approval of authority or by intimating authority in a manner as may be prescribed by the act. In Companies Act, 2..
Introduction A board of directors is the body elected or appointed members which looks upon the functioning of the government. A board of directors’ activities are determined by the powers, duties, and responsibilities delegated to it or conferred on it by an authority outside itself. These matters are typi..
One Person Company (OPC) • Section 2(62) - One Person Company means a company which has only one member. • One Person Company may be either a Company limited..
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