In the wake of COVID-19, the Ministry of Corporate Affairs has pursuant to circular dated 08th April 2020 allowed conducting of Extraordinary General Meetings through Video Conferencing or other Audio-Visual means earlier not allowed in the companies. The Companies can use the framework provided in the circular to conduct Extra-Ordinary General Meeting on or before…
As per Section 149 (1) read Rule 3 of Companies (Appointment and Qualification of Directors) Rules, 2014 below mentioned are the companies which must have at least one director as women director: – All Listed Companies All Public companies having Paid-up share capital of Rs. 100 crore or more or with a turnover of Rs….
Section 150 of the Companies Act, 2013 has provided for the maintenance of Databank of Independent Directors and for the selection of Independent Directors. The Ministry of Corporate Affairs has thusvid its notification dated 22nd October 2019 set forth Companies (Creation and Maintenance of databank of Independent Directors) Rules, 2019 as substituted on 01st December…
The Ministry of Corporate Affairs has vide its notification dated 19th March 2020 ameliorated the Companies (Meetings of Board and its Powers) Rules, 2014. The Rules are hereby called as Companies (Meetings of Board and its Powers) Amendment Rules, 2020.In addition to the existing amendment the Ministry of corporate affairs has again amended the Rule…
The small company concept was introduced by the government to provide various benefits to the people of India, the small company will not specifically be registered with a specific name but will be registered under a private company with a smaller amount of investment and turnover. In this blog, we will have an overview of…
