Main Clauses of Memorandum of Association

Main Clauses of Memorandum of Association Every Memorandum of Association (MOA) must contain the required mandatory clauses as per Companies Act, 2013. The purpose of this article is to explore the various clauses, i.e. the mandatory information, which is to…

Memorandum of Association (MOA)

Memorandum of Association of Company Referred to as the constitution or charter of a company, a Memorandum is an essential primary document for the incorporation of a company.  The “Memorandum of Association” is a document, which is to be formulated…

Advantages of Registering a Company

Advantages of Registering a Company A company can be defined as an artificial person, invisible, intangible, created by or under law, with a distinct legal personality, perpetual succession, and a common seal. It is not affected by the death, insanity,…

Women Directors

Women Directors Women empowerment is not something where a woman can merely play a simple role in a corporate but should be a part the higher level of decision making process. As per the available data, European countries lead in appointing…

Procedure for Increasing Authorised Share Capital

Procedure for Increasing Authorised Share Capital A company may need to increase its authorised share capital before issuing new equity shares and increasing paid-up capital. Authorised share capital is the total value of shares a company can issue, while paid-up capital…

Procedure for Changing MOA Objects Clause

Procedure for Changing MOA Objects Clause The objects clause mentioned in the company's MOA determines the purpose and scope of activities for which the company operates. During the company registration process, the shareholders decide the objects for which the company…

Annual General Meeting Notice & Board Resolution Format

Annual General Meeting Notice & Board Resolution Format All companies registered in India other than a One Person Company is required to hold an annual general meeting each year in addition to other General Meeting. There should not be a…

Director Disqualification

Director Disqualification - How to Become a Director Again The Ministry of Corporate Affairs has recently disqualified over 2 lakh Directors of companies that failed to file their MCA annual return. The recent decision by MCA has left many companies…

Audit and Appointment of Auditors – Companies Act

Audit and Appointment of Auditors - Companies Act All companies registered in India are required to appoint an Auditor and have its book of accounts audited each year. In this article, we look at all aspects of audit and appointment of…

Maintaining Book of Accounts for Company – Companies Act

Maintaining Book of Accounts for Company - Companies Act All companies incorporated in India are required to mandatorily maintain book of accounts under the Companies Act, 2013. In addition, the Companies Act, a company registered in India will also be…