Companies Act 2013
Section 61 Of Companies Act 2013: Alteration Of Share Capital
Section 61 of the Companies Act 2013 states ways of alteration of the share capital in a company that is limited by shares and provides guidelines on how to fetch it in the company’s MOA and AOA. While Section 64 states the Procedure for altering the capital of a company. Under Section 61 of the […]
Shruti Srivastava
December 15, 2023 at 09:05 AM
Section 216 Of Companies Act, 2013- Investigation Of Ownership Of Company
Section 216 of the Companies Act 2013 is a part of Chapter XIV which deals with Inspection, Inquiry, and Investigation. Section 216 provides for the investigation of the ownership of the company by the Central Government. Member is any person who is a subscriber to the memorandum of the company or a person who has […]
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Swagata Pramanik
December 15, 2023 at 09:02 AM
Section 25 of Companies Act 2013
“Section 25 of Companies Act-Document containing offer of securities for sale to be deemed prospectus. (1) Where a company allots or agrees to allot any securities of the company with a view to all or any of those securities being offered for sale to the public, any document by which the offer for sale to […]
##companiesact2013##COMPANYLAW#companies act 2013
Suvarna Satpute
December 15, 2023 at 07:16 AM
Company Liquidators – Appointment, Removal and Replacement (Section 275 and 276)
In general, a liquidator is an individual who is appointed to handle the liquidation process of a company when it is about to be wound up, either by force or voluntarily. The liquidator’s job is to realize the company’s assets, which must be adjusted against creditors, debenture holders, and other liabilities before the company finally ceases […]
Alka Pranjal
December 15, 2023 at 06:23 AM
Section 327 of Companies Act, 2013: Who is included under preferential creditors?
When a company goes into administration or is liquidated, the directors’ actions leading up to the insolvency will be reviewed to see if they did anything incorrect or illegal. Preferential payments are one form of transaction that is being scrutinized in this circumstance. The liquidator has to maximize return for all creditors during the liquidation […]
Amrit P Mishra
December 15, 2023 at 06:08 AM
Section 97 & 98 Of Companies Act 2013: Power Of Tribunal
Both the Sections of the Act, whether section 97 or section 98, deal with the provisions under which a tribunal can call Meetings. Specifically, Section 97 states the power of the tribunal to call an Annual General Meeting in case of any default is made; on the other hand, Section 98 states the power of […]
Alka Pranjal
December 15, 2023 at 06:04 AM
Section 198 Of Companies Act, 2013: Calculation Of Net Profit
Nowadays calculations for CSR and Managerial Remunerations hold high importance in the corporate world. Section 198 lays down the manner of calculation of the Net Profit of a company in any financial year for both CSR and Managerial Remuneration. Company secretaries must assist in these calculations and ease the understanding of the section to the […]
Divyanshita Singh
December 08, 2023 at 11:22 AM
Appointment of Foreign Directors in Indian Companies
As we know India has become the 5th largest economy in the world and by 2050 it will come in the list of the top 3 world largest economies in the world. Because of this huge achievement, India has become one of the most desirable countries in the globe for Foreign Investors, due to which […]
#appointment of foreign directors#business in india for foreigners#Business Structures#foreign directors
joel
November 29, 2023 at 10:05 AM
Procedure for Section 8 Company Registration
In India, an NGO is a Non-Government Organisation that works for non-profitable or charitable purposes. An NGO in India established as Section 8 Company under the Companies Act is governed by MCA whereas the NGO registered as a Society or a Trust is governed by the Registrar of State under the State Government. Section 8 […]
#companies act 2013#NGO#section 8 company registration
joel
November 29, 2023 at 09:55 AM