When a company seeks financial support for its ventures and expansions, borrowing money becomes a pivotal avenue. In the realm of corporate finance, such borrowings often involve placing charges on the company's assets as collateral for the lender. This article delves into the nuances of...
When a shareholder loses their share certificate, both the shareholder and the company face potential financial repercussions. Under the Companies Act, 2013, and the Companies (Share Capital and Debentures) Rules, 2014, provisions are made for the issuance of duplicate share certificates to mitigate losses for...
When a company seeks to raise funds without diluting its equity, it often opts for issuing debentures, which represent a form of debt for the company. Comparable to borrowing money, debentures necessitate repayment over a predetermined period, typically with a fixed interest rate. Both corporate...
Directors play a pivotal role in the management and leadership of a company, holding significant responsibilities second only to the chairperson. Under the Companies Act of 2013, individuals aspiring to or currently serving as directors are required to obtain a Director Identification Number (DIN). In...
When it comes to establishing and operating companies, adherence to legal frameworks is crucial. The Companies Act, 2013 serves as the guiding legislation, stipulating various requirements that corporations must meet. A pivotal aspect of this Act is the concept of threshold limits, which determine the...
CARO 2020, a comprehensive framework introduced for audit reports under the Companies Act 2013, marks a significant shift in reporting requirements for statutory audits of companies in India. This new directive, formulated in consultation with the National Financial Reporting Authority (NFRA), aims to elevate the...
Corporate Social Responsibility (CSR) stands as a pivotal aspect of contemporary business practices, mandated by regulatory frameworks in various jurisdictions. This article delves into the realms of CSR, examining its applicability, implementation strategies, and the significance it holds for businesses and society alike....
In India, compliance with the Companies Act, 2013, mandates that every registered company submits annual returns and financial statements to the Registrar of Companies (RoC). E-Form AOC-5 serves as a crucial document encompassing financial statements and requisite information for RoC submission....
The Ministry of Corporate Affairs (MCA) has released General Circular No. 02/2024 dated February 19, 2024, providing guidelines for the deployment and usage of the Change Request Form (CRF) on the MCA-21 portal....
Winding up a Limited Liability Partnership (LLP) involves the formal closure and dissolution of the entity. This comprehensive guide outlines the procedure for winding up an LLP, covering essential steps to ensure a smooth and legally compliant process....
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