Introduction Section 101 (1) of the Companies Act, 2013 provides that a general meeting may be called by giving at least 21 clear days' notice in writing or through electronic mode in such manner as may be prescribed. 'Electronic means' includes any communication sent by a company through its authorized and secured computer program. [...]
An Annual General Meeting is a gathering of the general participation of an association. These associations incorporate enrollment affiliations and organizations with investors. These gatherings might be required by law or by the constitution, sanction, or by-laws administering the body. The meetings are held to lead the business in the interest of the association or [...]
In a notification dated 5 July 2018 released by the Ministry of Corporate Affairs (MCA) has announced the Companies (Qualification and Appointment of Director) Fourth Amendment Rules, 2018. According to the rule, in a registered company or a new company registration, every director holding a Director Identification Number (DIN) should mandatorily get his know your [...]
If anyone wishes to invest their money in shares then they must gain complete knowledge about the stock market before initiating any investment. Otherwise, there are huge chances that you might suffer unbearable losses. In this article, we discuss all the possible differences between preference shares and equity shares. Preference Shares Preferred Stocks also known [...]
Ministry of Corporate Affairs (MCA) has issued several amendments in certain rules made under the Companies Act, 2013 on May 07, 2018. This Article made an attempt to analyze important changes in Companies (Appointment of Directors) Rules, 2014 which was last amended by the Ministry of Corporate Affairs in New Delhi dated 22.01.2018. If [...]
DIR-3 KYC for Professionals Know your customer, alternatively acknowledged as know your client or KYC, is the process of a business identifying and verifying the identity of their clients. The Central Government has drawn-out the policy of KYC (Know Your Client) for the Directors too. Identical to the Bank KYC, where the government wishes to [...]
Ministry of Corporate Affairs (MCA) has issued several amendments in certain rules made under the Companies Act, 2013 on May 07, 2018. This Article attempted to analyze important changes in Companies (Prospectus and Allotment of Securities) Rules, 2014, which was last amended by the Ministry of Corporate Affairs in New Delhi dated 15.02.2018. Ministry of [...]
According to the exercise of powers that are conferred by Section 73 and Section 74 read with the Sub-section (1) and the Sub-section (2) of Section 469 of the Companies Act,2013, the Central Government in consultation with the Reserve Bank of India, herewith makes the further amendments in the Companies Acceptance Deposit Rules, 2014. [...]
Introduction- Companies Amendment Act of 2017 Before discussing the Companies (Audit and Auditors) Amendment Rules, 2018 let's see a brief about companies act 2017. On the 3rd January 2018 Companies Amendment Act, 2017 receives approval from the President. Since the Ministry of Corporate Affairs has notified many sections of the Companies Amendment Act 2017 [...]
The Companies (Registration Offices and Fees) Second Amendment Rules, 2018 was notified by the Ministry of Corporate Affairs on 7th May 2018. For all Professionals and Entrepreneurs, who are directors of a company this rule plays an important role in their lives. By implementing this rule, there will be a very significant increase in the [...]
