India has a number of business organisations, which includes approximately 18 different types of companies. These range from sole proprietorships to limited liability partnerships, public companies and also private corporations. But due to the increasing economic growth in the country. In our country, various forms of business organizations are observed, such as sole proprietorship, limited […]
The lifecycle of a company begins with its incorporation and ends with its winding up. Winding up, under the Companies Act, 2013, signifies the formal closure of a company’s operations and the liquidation of its assets. While incorporation breathes life into a legal entity, winding up is the process by which that legal existence is
As per section 2(78) of the companies act 2013, Remuneration means any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961 (43 of 1961)
As per section 2(16) of companies act 2013, ‘charge’ means an interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage
As per Section 2(67) of Companies Act 2013, ‘previous company law’ means any of the law specified below: (i) Acts relating to companies in force before the Indian Companies Act, 1866 (10 of 1866); (ii) the Indian Companies Act, 1866 (10 of 1866); (iii) the Indian Companies Act, 1882 (6 of 1882); (iv) the Indian Companies Act,
As per Section 2(20) of Companies Act 2013, ‘Company‘ means a company registered under companies act 2013 or any other previous company law
Register of Charges to be Kept by the Registrar (1) The particulars of charges maintained on the Ministry of Corporate Affairs portal (www.mca.gov.in/MCA21)shall be deemed to be the register of charges for the purposes of section 81 of the Act. (2) The register shall be open to inspection by any person on payment of fee. Practice area’s of
Definitions In this Act, unless the context otherwise requires,— (1) “abridged prospectus” means a memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulations in this behalf; **(2) “accounting standards” means the standards of accounting or any addendum thereto for companies or class of companies referred to in section 133; (3)
SECTION 1 Short Title, Extent, Commencement and Application SECTION 2 Definitions SECTION 3 Formation of Company SECTION 3A Members severally liable in certain cases SECTION 4 Memorandum SECTION 5 Articles SECTION 6 Act to Override Memorandum, Articles, etc SECTION 7 Incorporation of Company SECTION 8 Formation of Companies with Charitable Objects, etc SECTION 9 Effect of
Activities which may be included by companies in their Corporate Social Responsibility Policies Activities relating (i) Eradicating hunger, poverty and malnutrition, 2[“promoting health care including preventinve health care”] and sanitation 4[including contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation] and making available safe drinking water. (ii) promoting education, including special
CA Bhuvnesh Kumar Goyal
Chartered Accountants
cabkgoyal@gmail.com
9971782649
Ph: 9971782649
E: cabkgoyal@gmail.com
