Form MBP 1 and Format of Form MBP 1 (Companies Act)
Form MBP 1 and Format of Form MBP 1 From this article, you will get to know about Form MBP 1 and Format of Form MBP 1 (Companies Act, 2013). Section 184 (1) of the Companies Act 2013 requires that every director to make disclosure of his interest or concern in any company or firm […]
Format of board resolution to record disclosure of interest received from directors
Format of Board resolution to record disclosure of interest received from Directors Section 184 (1) of the Companies Act 2013 requires that every director make disclosure of his interest or concern in any company or firm or body corporate or any association of individuals at the first Board meeting or when there is any change […]
Issue of share certificate as per Companies Act, 2013
Issue of Share Certificate as per Companies Act 2013 Applicable Provisions: Section 46 (issue of share certificates) and sub-section (4) of section 56 (relating transfer and transmission of securities) read with Rule 5 of Companies (Share capital and debentures) Rules, 2014. The time period of issuing a share certificate (Section 56 (2)) A subscriber to […]
How to apply name of the NEW Company through MCA portal ?
How to Apply for NEW Company through MCA portal Apply name of the NEW Company through MCA portal Relevant provisions Section 4(4) of the Companies Act, 2013 and Rule 8 & 9 of Companies (Incorporation) Rules, 2014. Relevant form Application of name can be filed through SPICe+ Part A under New Application as well as […]
Illustrative list of business items which shall not be passed by circulation and shall be placed before the Board at its Meeting (SS1)
Illustrative list of Business items which shall not be passed by circulation and shall be placed before the Board at its Meeting General Business Items which shall not be passed by circulation and shall be placed before the Board at its Meeting (SS1) Noting Minutes of Meetings of Audit Committee and other Committees. Approving financial […]
Passing the resolution by circulation
Passing the Resolution by Circulation The Companies Act, 2013 makes the provision of Passing the resolution by circulation, to transact urgent matters in cases where the holding of Board Meeting is not possible on an immediate basis or due to non-availability of Directors. As per Section 175 of Companies, Act 2013 read with Rule 5 […]
Compliances for Limited Liability Partnership
Compliances for Limited Liability Partnership LLP – Limited Liability Partnership, like the name suggests that the biggest advantage of an LLP structure is that its Partners’ liability is restricted to their share of investment in the LLP, as against unlimited liability in case of a Partnership firm. This means, in case of debt, the Partners’ […]
Compliances of a Partnership Firm
Compliances of a Partnership Firm Mandatory Compliances of a Partnership Firm Partnership firms are relatively easy to start and are prevalent amongst small and medium sized businesses in the unorganized sectors. Partnership Firms can be registered merely by a simple partnership deed by obtaining a stamp paper. There is another way, where the Partnership Firm […]
New Definition of Small Company
New Defination of Small Company The Ministry of Corporate Affairs has notified an amendment in the Companies (Specification of Definitions Details) Rules, 2014 that came into force on 1st April 2021. The MCA (Ministry of Corporate Affairs) has effected this amendment in accordance with the proposal of the Honourable Finance Minister to revise the definition […]
No need to file ADT-1
No need to file ADT-1 in case of appointment of first auditor of the company No need to file ADT-1 in case of appointment of first auditor of the company – Companies Act, 2013 (‘CA, 2013’) Form ADT 1 governed by following : Section 139 of the Companies Act, 2013 Section 140 of the Companies […]
