Notice of General Meeting by Electronic Mode

Introduction Section 101 (1) of 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 programme. Capable of [...]

Board meeting|

Notice of AGM( Annual General Meeting)

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 [...]

Board meeting|

A Complete Guide to Private Limited Company

What is a Private Limited Company? A Company is an association of persons who share common goals. Moreover, the owners of the company pool their resources in order to achieve their common goals. A private limited company is a closely held company with restriction to issue shares to the public. Thus that it cannot go [...]

Advantages of LLP (Limited Liability Partnership)

Before discussing the advantages of LLP let us first understand what is LLP. What is LLP? LLP short for Limited Liability partnership is a hybrid of a traditional partnership and a private limited company with limited liability and perpetual succession, governed by LLP Act, 2008 and LLP Agreement. LLP combines the benefits of both partnerships [...]

Update DIR-3 KYC Details of Directors

In a notification dated 5 July 2018 released by 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 mandatory get his know your client (KYC) [...]

A Complete Guide to Limited Liability Partnership (LLP)

What is Limited Liability Partnership(LLP) ? By way of the Limited Liability Partnership Act, 2008 the worldwide recognized form of business organizations named Limited Liability Partnership entities was introduced in India. A Limited Liability Partnership combines the advantages of both the Company and Partnership in a single form of organization. The important difference from that [...]

Difference between Preference shares and Equity shares

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 difference between preference shares and equity shares. Preference Shares Preferred Stocks also known as [...]

Startup|

DIR-3 Know your Client: Certification for Professionals

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 know [...]

companies act|

Compliances of Private Limited Company

The private limited company is amongst the most popular form of starting a  business. Once your private limited company is registered, then you are required to follow many Compliances of Private Limited Company. There is a list of some common Compliances of Private Limited Company that are mandatorily followed: Compliance Requirement Description and Timeline Appointment [...]

company registration|