Foreign Company Compliance in India

Foreign Company Compliance in India Foreign companies registered in India are required to maintain various additional compliances under the Companies Act, 2013. In this article, we look at some of the unique compliance requirements for a foreign company registered in…

MCA Processing Time for Various Requests

MCA Processing Time for Various Requests The Ministry of Corporate Affairs (MCA) has published various timelines for processing of different types of applications pending with the MCA. In this article, we provide the respective work flow and the time prescribed. Availability…

SPICe – One Day Company Registration

SPICe - One Day Company Registration Ministry of Corporate Affairs (MCA) has recently introduced new version of SPICe (one day - one step) Company Registration. SPICe, which stands for Simplified Per forma for Incorporating Company electronically. The new SPICe form takes advantage…

How to Transfer Shares of Private Limited Company

How to Transfer Shares of Private Limited Company Private limited companies are closely held companies with less than 200 members. The transfer of share of a private limited company are governed by the provision of the Companies Act, 2013. According to the…

Procedure for Converting Private Limited Company to OPC

Procedure for Converting Private Limited Company to OPC Due to a co-founder or promoter leaving a private limited company, there might arise a requirement for converting a private limited company into a one person company (OPC). In this article, we…

Preference Shares vs Equity Shares

Preference Shares vs Equity Shares The capital of a company is divided into different units with definite value called shares. Holders of these shares are called shareholders or members of the company. There are two types of shares which a company may…

Old Notes Disclosure by Companies

Old Notes Disclosure by Companies The Lok Sabha has recently passed  the Specified Bank Notes (Cessation of Liabilities) Bill, 2017. The  Bill related to the holding, transfer and receiving of old Rs.500 and Rs.1000 denomination currency makes it unlawful to hold, transfer or…

Form STK-2 for Winding Up of Companies

Form STK-2 for Winding Up of Companies The Ministry of Corporate Affairs (MCA) has recently announced Form STK-2 for removing name from register of companies, i.e., winding up of a company. Form STK-2 will be made available by the MCA…

Company Information Published by MCA

Company Information Published by MCA On incorporation of a company or LLP, many of the information about the company and its Directors are made publicly available on the MCA website. This information including email addresses of company is used by…

Corporate Social Responsibility under Companies Act

Corporate Social Responsibility under Companies Act Corporate Social Responsibility (CSR) assumes significance as it permits companies to engage in projects or programs related to activities related to social welfare and improvement enlisted under the terms of Companies Act, 2013. There…