Company Law

Farmer Producer Company is a type of company in India that is registered under the Companies Act, 2013 and is specifically created to promote the interests of small and marginal farmers. FPCs are owned and controlled by the farmers themselves and are intended to help them overcome the challenges of small landholdings, limited access to […]

CLOSURE OF DEFUNCT LLP When a limited liability partnership (LLP) hasn’t conducted any activity for a year or more, it can be easily dissolved by removing its name. An LLP can also be wound up by a voluntary winding up or by a tribunal winding up. A defunct LLP, however, that has not conducted any

CSR Policy Amendment Rules are regulations issued by the Ministry of Corporate Affairs (MCA) in India to amend the existing CSR policy for companies. The rules were introduced in April 2021 under the Companies Act, 2013. A BRIEF SUMMARY OF COMPANIES (CSR) AMENDMENT RULES, 2022 A company having any amount in its Unspent Corporate Social

KNOW EVERYTHING ABOUT DUE DILIGENCE INTRODUCTION Due Diligence means process of investigation, verification and examination of various Legal as well as financial database a Company holds which includes a vast check on its history with regard to financial performance, its assets and obligations and the reputation it holds in the market. Before making any investment

INCORPORATION OF RULE 25B: PHYSICAL VERIFICATION OF REGISTERED OFFICE OF COMPANY MCA has introduced an amendment in Companies (Incorporation) Rules, 2014, and inserted a new rule 25B  as in which the ROC can physically verify the registered office of the Company to check the authenticity of the registered company. WHAT IS THE PURPOSE OF INSERTING

FORM DPT3: REVISED FROM FOR EXEMPTED DEPOSITS DPT-3 was introduced by MCA on 22nd January 2019 by an amendment in Deposit Rules. By these amended rules “One explanation added in Rule 16”. What is the purpose of Form DPT-3 As this form was introduced in 2019, the basic purposes of this form are: To get

Issuance of Duplicate Share Certificate by a company when the original certificate has been lost, stolen, or damaged. The process for obtaining a duplicate share certificate can vary depending on the company. ISSUANCE OF DUPLICATE SHARE CERTIFICATE IN INDIA Share Certificates issued to the Companies are sometimes due to some unforeseen circumstances lost or misplaced

Extension of Annual General Meeting by MCA is generally granted for a period of three months, however, the same is subject to change as per the decision of the Government. MCA EXTENDS ANNUAL GENERAL MEETING An Annual General Meeting (AGM) is held to have an interaction between the management and the shareholders of the company.

RECENT AMENDMENT IN  REGISTRATION OF CHARGES UNDER COMPANIES ACT,2013 Ministry of Corporate Affairs (MCA) has notified the Companies (Registration of Charges) Amendment Rules, 2022 to further amend the Companies (Registration of Charges Rules, 2014 vide notification no. G.S.R. 320(E) dated April 27, 2022. Amendments have been made in rule 3 (Registration of creation or modification

Conversion of Loan into Equity by a lender if the company is unable to repay the loan. This process is known as debt-to-equity conversion.The conversion can be done through the issuance of equity shares, preference shares, or debentures. The terms and conditions of the conversion, including the number of shares to be issued and the

Start-up Certificate can be used for a variety of purposes, such as to access certain benefits or funding, or to qualify for certain programs or competitions. START-UP RECOGNITION: HOW TO OBTAIN A START-UP CERTIFICATE The term ‘start-up’ or “start-up company” means a private company incorporated under the Companies Act, 2013 (18 of 2013) or the