Section 192 of Companies Act 2013 seeks to provide the manner in respect of regulation of arrangements between a company and its directors in regard to the acquisition of assets for consideration other than cash. This clause furnishes that such…
Fast Track Mergers
Mergers and amalgamations are the processes of amalgamation of two or more entities/companies through inorganic means.It is a time-consuming process for all companies irrespective of their size, net worth, and turnover.This procedure wascomplex and timetaking for all stakeholders involved in…
Secretarial Audit & Company Secretary In Practice
Secretarial Audit was initiated by MCA under section 204 of the Companies Act, 2013read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. Secretarial Audit is a process by which the compliances with the provisions of various laws and…
Holding Of Annual General Meetings Through Video Conferencing: Part-2
The Ministry of Corporate Affairs has vide notification dated 05th May 2020 has relaxed the provisions of conducting the Annual General Meeting (AGM) by allowing conducting AGM through Video Conferencing or other Audio-Visual Means. The ministry has published the below…
Easing Of Filing Of Forms For Creation Or Modification Of Charge
The Ministry of Corporate Affairs has vide its notification dated 17thJune 2020 (General Circular No. 23/2020) introduced the Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013and further amended…
Alternative Dispute Resolution
Alternative dispute resolution (ADR) as its name suggests the alternative way to resolve your disputes. So, ADR refers to a variety of processes that help parties resolve disputes without a trial. Typical ADR processes include arbitration,mediation,neutral evaluation, and collaborative law. …
Buy Back Of Shares
Provision of Buy Back is covered under section 68, 69, and 70 of the Companies Act, 2013 and Rule 17 of Companies (Share Capital & Debenture) Rules, 2014 The maximum amount of Buy back by the company: Under the provisions…
Intellectual Property Rights Registration A Way To Protect To Creation Of Your Mind
Intellectual property means creation of the minds, such as designs, artistic, symbols, names, images, literary work, and inventions used in commerce and protected by law. Five categories are there in Intellectual property. 1. Trademarks Trademarks Act 1999 (TM Act) Process…
Process & Compliance Of Declaration Of Dividend: The Companies (Declaration And Payment Of Dividend) Rules, 2014
Definition of the dividend (Section-2(35)) Dividend includes interim dividend. The dividend shall be paid out of profits of the company only. Applicability All the company can declare the dividend except the company registered under section-8 (Non-profit organisation). Company may before…
Establishment Of Place Of Business In India By Foreign Companies
India is a Big Market, in order to attract the market and new business in India, the government has established ease of doing business which leads the businessman to incorporate their companies within one/two days and the process of incorporation…