Companies Act 2013

Private Limited Company is one of the most popular forms for carrying the business in India. It is formed under the Companies Act, 2013 (previously Companies Act, 1956). A Company is a separate legal entity distinct from its members. The day to day affairs and management is handled by the Board of Directors. Board of […]

When setting up a company in India, one of the earliest and most critical decisions you will face is selecting a suitable company name. Your chosen name holds significant weight as it serves as the initial representation of your brand. Opting for a company name that sticks in the minds of potential customers is paramount.

The Companies (Amendment) Bill 2019 was passed by the Lok Sabha. It introduced some changes to the Companies Act 2013. It amends the laws related to Indian companies.  Companies Act 2013 The Companies Act 2013 regulates the formation and functioning of corporations or companies in India. The first Companies Act after independence was passed in

In voluntary winding up, when a company decides to close down its operations, a liquidator is appointed to oversee the process. But what exactly does a liquidator do? The liquidator holds significant powers, including gathering and selling company assets, settling debts, and distributing remaining funds to shareholders. Moreover, they bear the responsibility of ensuring fair treatment to

A limited liability partnership is a corporation created and registered under the Limited Liability Partnership Act, 2008, and is a distinct legal entity from its members. An endless succession is a feature of an LLP, and any changes in the members have no bearing on the entity’s existence, rights, or obligations. Learn more about designated

Meeting minutes are notes that are recorded during a meeting. They highlight the key issues that are discussed, motions proposed or voted on, and activities to be undertaken. The minutes of a meeting are usually taken by a designated member of the group. Their task is to provide an accurate record of what transpired during

One of the most essential types of company organisation is a partnership firm. It is a common company structure in India. A partnership firm must be formed by at least two people. A partnership firm is formed when two or more people join forces to start a business and divide the profits in an agreed-upon ratio.

In order to simplify and expedite (fast track) the company registration procedure in India, the Ministry of Corporate Affairs (MCA) has introduced an integrated incorporation form – Form INC-29. The process of getting Company Name Approval, Director Identification Number (DIN) and Incorporation application in Company Registration Form INC-29 has been merged into a single process that has accelerated the process of starting

Section 108 of Indian Companies Act 2013 contains provisions for ‘Voting through electronic means’,  Section 109 of Indian Companies Act 2013 contains provisions for ‘Demand for poll’ and Section 110 of Indian Companies Act 2013 contains provisions for ‘Postal ballot’.Section 110 of the Indian Companies Act, 2013 contains the provisions of the ‘postal ballot’, Section 109 of the

Equity shares are the most common form of ownership in a company. They represent a proportional ownership in the company’s profits and assets. However, in recent times, there has been a growing trend in companies offering equity shares with differential rights. Equity shares with differential rights, also known as DVRs, are shares that have different rights