Corporate Laws
Return to the Registrar in respect of declaration u/s 90 of Companies Act
In accordance with Section 90 of the Companies Act, 2013, a company had to submit a form called BEN-2 to the Registrar of Companies as a declaration.
Corporate Laws
Return of Allotment of Shares by a Company [Form PAS – 3]
Introduction: It is of utmost importance that a firm, when allocating shares and securities, must file a return of allotment in e-Form PAS-3 to the Registrar on the Ministry of Corporate Affairs (MCA) portal, within thirty days, along with the full list of the beneficiaries to whom such shares and Read more…
Corporate Laws
Return of Allotment [Form PAS – 3]
Introduction: It is of utmost importance that a firm, when allocating shares and securities, must file a return of allotment in e-Form PAS-3 to the Registrar on the Ministry of Corporate Affairs (MCA) portal, within thirty days, along with the full list of the beneficiaries to whom such shares and Read more…
Corporate Laws
Proprietorship
Introduction: In the words of Gloss & Baker, “A sole proprietorship is a business owned by one person and operated for his profit.” Whereas B.O. Wheeler defines sole proprietorship as “the forms of business ownership which is owned and controlled by a single individual.” Thus, a sole proprietorship or individual Read more…
Corporate Laws
Variation in Terms of Contracts or Objects Stated in Prospectus (Section 27 of the Companies Act)
Introduction: According to Section 27 of the Companies Act, 2013[1], a company may change the contract clauses mentioned in the prospectus or the targets issued in the prospectus, except only when it is accepted and permitted at the general meeting of the shareholders by a special resolution. The announcement of Read more…