Importance of Maintaining Statutory Registers and Records
How vital are statutory registers for your organization’s success? Discover the consequences of neglect and the best practices you need to implement.
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How to File DIR-3 KYC for Directors
To file DIR-3 KYC for Directors, follow essential steps to ensure compliance and avoid penalties; discover the key details you’ll need!
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Startup Recognition and Registration
A startup is term used to identify and promote entrepreneurs in establishing business undertakings. Several benefits/relaxations are offered to startup entities from compliance’s which would have been otherwise applicable to them. Benefits/Relaxations are offered for the initial period of establishment. Exemptions are granted from complying certain provisions of the Companies Act, 2013 such as minimum…
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Registration of Charge by Bank/Charge holder
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…
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What is entrenchment of Articles of Association
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….
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Resolutions requiring Special Notice
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…
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Did Member and Nominee shall be Relatives – OPC
One Person Company (OPC), as its name indicates is formed by a single individual. A subscriber/member of an OPC shall name a person (after obtaining his consent) as a nominee of OPC who shall, in the event of the subscriber’s death or his incapacity to contract, become the member of that One Person Company. Further,…
