Latest Blog of Companies Act 2013

  • Appointment of Auditor Under the Companies Act, 2013

    Appointment of Auditor Under the Companies Act, 2013

    The Companies Act, 2013 requires companies to appoint an auditor. Section 139 sets out the rules for appointing statutory auditors, including the first auditor, subsequent auditor, and auditor of a Government company. The Act also covers auditor eligibility, rotation, casual vacancies, removal, and resignation. The appointment process and tenure vary by company type and applicable […]

  • Appointment of Company Secretary Under Companies Act, 2013: Rules & Process

    Appointment of Company Secretary Under Companies Act, 2013: Rules & Process

    The appointment of a Company Secretary is an important requirement for ensuring corporate compliance, governance, and transparency in a company. A Company Secretary (CS) plays a key role in helping businesses follow legal rules and maintain proper records. Over time, the role of a Company Secretary has grown beyond basic compliance work. Today, they act […]

  • Depreciation Rates as per Companies Act 2013: Key Provisions

    Depreciation Rates as per Companies Act 2013: Key Provisions

    Depreciation means the reduction in the value of an asset over time. Companies record depreciation of assets over the period during which they are expected to be used for business operations. This process helps present a true and fair value of assets and profits in financial statements. The Companies Act depreciation rates help businesses calculate […]

  • Conversion of Partnership Firm into Private Limited Company (2026)

    Conversion of Partnership Firm into Private Limited Company (2026)

    The conversion of a partnership firm into a Private Limited Company is regulated by Section 366 of the Companies Act, 2013, read with the Companies (Authorized to Register) Rules, 2014. A partnership firm with at least two partners can convert to a Private Limited Company. This has become popular among Indian businesses seeking limited liability, […]

  • Types Of Voting Under Companies Act, 2013

    Types Of Voting Under Companies Act, 2013

    Defined under the Companies Act, 2013, voting is the process through which members of a company exercise their rights to approve or reject resolutions at general meetings. Common methods include voting by show of hands, voting through a poll, electronic voting (e-voting), and postal ballot, subject to the applicable provisions and rules. The required majority […]

  • Debentures Under the Companies Act, 2013: Section 71 Explained

    Debentures Under the Companies Act, 2013: Section 71 Explained

    Debentures are debt instruments that companies use to raise funds. They acknowledge a sum borrowed from investors that the company promises to repay with interest at a future date. Under Section 2(30) of the Companies Act, 2013, a debenture includes debenture stock, bonds, or any instrument acknowledging a company’s debt, whether secured or unsecured. Section […]

  • Conversion of Private Company into Public Company in India: Procedure, Forms & Timeline

    Conversion of Private Company into Public Company in India: Procedure, Forms & Timeline

    A private company can convert into a public company by altering its Articles and Memorandum and following the procedure under the Companies Act, 2013. Section 18 provides the legal framework for conversion, while Section 14 specifically permits conversion through alteration of the Articles. The company must also satisfy the requirements applicable to public companies. The […]