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Category Company Law

Company Law

Procedure for Increase in the Authorised Share Capital

As per section 2(8) of the Companies Act, 2013, the Authorised capital or nominal capital means such Capital as is authorised by the Memorandum of Association of a Company to be the maximum amount of share capital of the Company…. Continue Reading →

RIGHT ISSUE OF SHARES -Section-62

What is the Right issue of shares? As per section 62(1) (a) of the Companies Act, 2013, the Right issue of shares refers to the issuance of shares by the Company to its existing shareholders in proportionate to their existing… Continue Reading →

MSME REGISTERATION-(UDYAM REGISTERATION)

MSME Stands for Micro, Small and Medium Enterprises. It is regulated by the Ministry of Micro, Small and Medium Enterprises. The Government of India has enacted an Act for MSME i.e., Micro, Small and Medium Enterprises Development Act, 2006. ELIGIBLE… Continue Reading →

APPLY FOR EXTENSION OF VISA IN INDIA

APPLY FOR EXTENSION OF VISA IN INDIA: Any foreigner who is residing in India on a work basis or on a tourist visa basis and his Visa is about to expire, has to submit an application on https://indianfrro.gov.in/eservices/home.jsp for the… Continue Reading →

ISSUANCE OF SHARE CERTIFICATE

Issuance of Physical Share Certificate (When the Shares are not in DEMAT Form) The Company shall issue any share certificate, after the surrender of the allotment letter to the Company, by the Allottees. (In case the allotment letter is lost… Continue Reading →

You Must Know How Income Tax Budget effect your Life – Union Budget Highlights (2021)

The Union Budget for the Financial Year 2021-22, announced by Hon’ble Finance Minister “Nirmala Sitharaman” on 1st Day of February 2021 at 11:00 PM. She has used Made in India Tablet for the delivery of the digital Budget, 2021. It… Continue Reading →

APPLICABILITY OF CFSS FORM 2020

As per the Company Fresh Start Scheme (CFSS), emerged on 30/03/2020 vide General circular No. 12/2020; all type of Companies can file their e-form even after the due date without any additional fees till 31st December 2020 and after the… Continue Reading →

STRIKING OFF THE NAME OF THE COMPANIES FROM THE REGISTER OF COMPANIES U/S -248 OF THE COMPANIES ACT, 2013

It is known to everyone that, while the incorporation of a Company, Promoter is always having a long vision to run its business. However, in certain situations due to some grounds, there is a need to close the Company.  As… Continue Reading →

PROCEDURE FOR INTER-CORPORATE LOAN-FROM ONE PRIVATE COMPANY TO OTHER PRIVATE COMPANY

LOAN AND INVESTMENT BY A COMPANY What is Inter-Corporate Loan? Whenever a Company gives (Either directly or indirectly) Any Loan: To any person* OR any other Body Corporate; Any Guarantee or provide security: To any person* OR any other Body… Continue Reading →

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