In adherence to the regulations outlined in the Companies Act of 2013, every registered company in India is mandated to submit an annual return to the Registrar of Companies (ROC) each fiscal year....
Form ADT-1 serves as the official document utilized by companies to inform the Registrar of Companies about the appointment of an auditor subsequent to the completion of their Annual General Meeting (AGM). It is a statutory requirement outlined in Section 139(1) of the Companies Act...
Form 20A serves as a crucial declaration mandated for submission by company directors upon the initiation of business operations. It necessitates verification by a practicing Chartered Accountant (CA), Company Secretary (CS), or Cost Accountant....
In a move by the Ministry of Corporate Affairs (MCA), a significant advancement was made with the introduction of the AGILE E-form. This form, officially known as the Application for Registration of the Goods and Services Tax Identification Number (GSTIN), Employees’ State Insurance Corporation (ESIC)...
In a move towards simplifying the process of company incorporation, the Ministry of Corporate Affairs (MCA) had introduced the SPICe form, also known as Form INC-32. This form facilitates the seamless integration of various application processes, including name reservation, company incorporation, allotment of Director Identification...
Reserve Unique Name (RUN) is a pivotal web service facilitating the reservation or alteration of company names. Previously, applications regarding company names necessitated Form INC-1 submission, accompanied by specific prerequisites. However, with the advent of the RUN web-form, reserving a company name has become streamlined,...
In today's business landscape, Limited Liability Partnerships (LLPs) are gaining traction due to their streamlined operations and reduced compliance burden compared to Private or Limited Companies. Understanding the procedure for appointing designated partners within an LLP is crucial for efficient management and governance....
In the realm of corporate structure, the transferability of shares stands as a pivotal characteristic. Shares and debentures, being movable properties, hold transferable status as dictated by the company's articles, particularly in the case of public companies....
Changing a company's name is a significant undertaking, involving alterations to legal documents such as the Memorandum of Association and Articles of Association. Under the Companies Act 2013, the process involves passing a special resolution in a general meeting and obtaining approval from both the...
Share capital reduction stands as a crucial procedure within the corporate landscape, offering companies the means to adjust their financial structure under specific circumstances. This article delves into the intricacies of share capital reduction, shedding light on its importance, procedural requirements, and the implications it...
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