Post by: Dinesh Pandiyan in Add a Director Company
Procedure for Appointment of Independent Director According to the Companies Act 2013, an independent director is a non-executive director of the specified company. He or she will not have any financial ties with the company, which allows them to be…
Post by: Renu Suresh in MCA
How to Change Your Company Name: A Comprehensive Guide In the dynamic business world, a company's name is more than just an identifier; it's a powerful symbol of its brand identity and corporate ethos. A well-chosen name can significantly impact…
Post by: Renu Suresh in Limited Liability Partnership (LLP)
New Compliance for LLPs Significant Beneficial Owner The Ministry of Corporate Affairs, through Notification No. G.S.R...(E), dated 09.11.2023, has introduced the Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023. These rules come into effect from the date of their publication…
Post by: Renu Suresh in One Person Company
Can a person be a member of more than one OPC? No, As per the Companies Act 2013, a person can only be a member of one Person Company (OPC) at a time. A person cannot be a member of…
Post by: Renu Suresh in Company Registration
Amendments in Schedule III to the Companies Act, 2013 Amendments in Schedule III to the Companies Act, 2013 were introduced on March 24, 2021, to improve the quality and reliability of financial statements. Some new disclosures were also added to…
Post by: Mansi Sawant in Private Limited Company
How to open a current account for a Private Limited Company? Private Limited Company is a popular type entity that is governed under the Ministry of Corporate Affairs. A Private Limited Company is a form of business that is privately…
Post by: Femi Jebrina in Compliance MCA
Companies Rules - Authorised to Register The Companies (Authorised to Register) Rules were set by the Government of India (GoI) and has been amended from time to time. The Authorised to register rules allows the firm, LLP, society or trust…
Post by: Femi Jebrina in Compliance MCA
NCLT Rules - Reduction of Share Capital The Government of India (GoI) introduced the National Company Law Tribunal (NCLT) Rules regarding the reduction of share capital. The need for the reduction of the share capital arises when there is a…
Post by: Femi Jebrina in Compliance MCA
Companies Rules - Mediation and Conciliation The Companies (Mediation and Conciliation) Rules was introduced by the Government of India (GoI). The rules were laid down to bring in a panel of expert to conduct a mediation between the parties to…
Post by: Femi Jebrina in Compliance MCA
Companies Rules - Acceptance of Deposits The Companies (Acceptance of Deposits) Rules were introduced by the Government of India in 2014 and has been amended from time to time. Initially, the Companies Act, 2013 did not allow the acceptance of…
