Corporate Laws
Amendments in Filing of Annual Returns by an OPC
The benefits of the modifications removing Form MGT-9 and replacing it with Form MGT-7A can be considered as a positive step.
Corporate Laws
Amendments in filing Annual Returns by the One-Person Companies
The goal of revealing the company’s annual return year after year, is to guarantee that the company’s business operations are transparent.
Corporate Laws
Form for Submission of Documents with The Registrar [Form GNL-2]
The purpose of the form is to ensure that the company is enabled to file a certain type of documents with the Registrar of companies.
Corporate Laws
Form for Filing Report on Annual General Meeting [Form MGT-15]
The Companies Act of 2013 mandates holding of an AGM to review the financial performance, the appointment of an auditor, and other matters.
Corporate Laws
A Report by a Company to ROC for Intimating the Disqualification of the Director [Form DIR-9]
Introduction: A director is considered to be an agent of the company and his/her prime responsibility as a director is towards the efficient conduct of the business of that particular company. The director has a fiduciary relationship with both the company and also the shareholders. If he/she fails to do Read more…
Corporate Laws
Application by the company to ROC for removing its name from the Register of Companies
Introduction: The procedure for forming a business has been simplified in recent years. Companies, on the other hand, are looking for ways to depart the business as a result of a growth in the number of compliances and laws with harsh consequences for non-compliance. The government has offered various exit Read more…
Corporate Laws
Particulars of Appointment of Directors and the Key Managerial Personnel and the Changes among them [Form DIR-12]
Introduction: On 5 November 2017, the Ministry of Corporate Affairs directed that it has struck down around 2.24 lakh shell companies that were considered inactive by the government of India. This step was said to be taken because most of these companies were not filing their annual returns, financial statements, Read more…
Corporate Laws
Incorporation of a Company and Post Incorporation Compliance under Companies Act, 2013
Introduction: Incorporation simply means a legal formation of a company. If a company is not formed legally, it cannot carry out its business activities. For carrying out the business activities, a company needs a certificate of incorporation and a certificate of commencement of business. Certain steps are the basis for Read more…
Corporate Laws
Ordinary and Special Resolution under Companies Act
Introduction: Articles of Association and Memorandum of Association clauses of companies describe the regulatory and regulatory rules. However, directors of companies or shareholders may accept decisions to make those regulations or to amend the constitution itself. It may be presented at general meetings (general and special decisions) or Board meetings. Read more…