Before the enactment of the Companies Act, 2013, a minimum of two individuals was required to establish a private limited company. The introduction of the One Person Company (OPC) structure revolutionized the entrepreneurial landscape in India. It allows individual business owners to operate as a separate legal entity, combining the simplicity of a sole proprietorship…
Societies in Kerala are registered under Societies Registration Act, 1980 or Travancore Cochin Literary Scientific and Charitable Societies Registration Act, 1955. In Travancore Region, Societies are registered under Travancore Cochin Literary Scientific and Charitable Societies Registration Act, 1955 and in Malabar Region, societies are registered under Societies Registration Act, 1980. This article is primarily based…
Can a bank/charge holder make application for registration of charge? YES!. Section 78 of the Companies Act, 2013 allows a bank/charge holder to make application for registration of charge. Section 77 of the companies act, prescribes registration of charge as a duty of every company within 30 days of its creation, or within a period…
Articles of Association contains regulations for management of a company. Company can adopt all or any of the regulations contained in the model articles prescribed in Table F, G, H, I & J of schedule 1 of Companies Act, 2013. Further companies can include additional matters in its articles which are necessary for its management….
Who is a Tax Consultant? A financial expert with advanced training and knowledge of tax law.(Investopedia) A tax advisor or tax consultant is a financial expert specially trained in tax law. Individuals usually require tax advisors to minimize taxation, to avoid learning the details of tax law in complicated financial situations themselves, or to learn…
Section 115 of the Companies Act, 2013 requires members to give special notice on certain resolutions/matters prescribed in the act or in articles of association of the company. Where, by any provision contained in the Act or in the articles of a company, special notice is required of any resolution, notice of the intention to…
Notifications/Amendments /Changes came into force six months prior to the exams will be applicable for that exam. National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) were notified by the Ministry of Corporate Affairs vide notification dated 1st June, 2016. Further the NCLT Rules and NCLAT Rules, 2016 were notified by MCA…
ICSI has from time to time, has entered MOU’s with many universities in India, which allows member of the Institute to do various courses in such universities. Many universities in India has recognized ‘Company Secretary’ course as equivalent to their Post Graduate degree, which make them eligible to do Ph.D programs in specified areas. In…
One of the query which students aspiring to join ‘Company Secretary’ course, is regard to the status of the course i.e. whether it is equivalent to diploma or under graduation or post graduation. Before getting to the answer to the query, you may please note that the ‘Company Secretary’ course popularly called CS…
As you may aware that last examination under old syllabus (2007) was held in June 2016. From December 2016 onward, students under old syllabus will be required to appear under new syllabus (2012). All students (who are yet to clear all modules after declaration of results on 25.08.2016) under old syllabus will be compulsorily switch-over…