Conversion of Loan Into Equity Share Capital

Conversion of Loan Into Equity Share Capital Conversion of loan into equity share capital is most reliable mode to raise capital without immediate investments. In order to carry out smooth business, at times, debt is converted into share capital. The…

Strike off Notice

Strike off Notice - Section 248(1) of Companies Act In case the company has failed to commence its business within one year or company is not carrying on any business operations for the period of 2 years, then in such…

DIN eKYC

DIR-3 eKYC - Ministry of Corporate Affairs DIN eKYC The Ministry of Corporate Affairs has recently notified that it would be conducting KYC (Know Your Customer) verification for Directors of all companies through a new eForm DIR-3 KYC. By filing DIR-3…

MCA Form MGT-14

MCA Form MGT-14 Form MGT 14 was introduced in the Companies Act of 2013 with the objective of filing certain resolutions with the Registrar of Companies. Such resolutions must be filed after the passing of the same at the meeting…

Conversion of Proprietorship into Private Limited

 Conversion of Proprietorship into Private Limited As a business grows, the demands of business and the drawbacks of a proprietorship firm could force an entrepreneur to start the process for conversion of proprietorship into private limited company. A private limited company…

Key Management Personnel

Key Management Personnel (KMP) Key Management Personnel (KMP) is a group of persons who are responsible for managing the operations of a company. The word ‘personnel’ indicates that it refers to a group of persons rather than one person. They…

Private Placement

Private Placement - Companies Act, 2013 According to the Companies Act, 2013, primarily there are four modes of increasing the share capital. The four modes are Public issue, Right issue, Bonus issue and Private Placement. Private placement is one of…

Register DSC on MCA

Register DSC on MCA Any person who is a Director of a Company or a Designated Partner of a LLP or a Professional like Chartered Accountant or Company Secretary must register DSC on MCA portal to file forms. If a…

Government Fee for Company Registration

Government Fee for Company Registration In the words of LAO TZU, “A journey of a thousand miles begins with a single step”. Registering a company is akin to taking baby steps in a journey that might span up to a…

Directors Report Format

Directors Report Format All Companies registered in India are required to conduct an Annual General Meeting and file the company annual return with the Ministry of Corporate Affairs. In the Company's Annual General Meeting, the Board of Directors of the…