Company Law – Editorial

Foreign company office

Establishment of Branch Office of Foreign Company

Legal forms in which a foreign company can set up its establishment in India? Branch Office Liaison Office Project Office Corporate Entity which could be wholly or partly owned by the foreign Company (FIPB route). Joint Venture/ Partnerships etc. For Establishment of Branch office of a Foreign Company in India. We have to follow the …

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How can I incorporate a subsidiary of a foreign company in India?

Whenever anyone incorporates a Company in India as a ‘Subsidiary” or “Wholly-owned Subsidiary (WOS)” of a Company incorporated outside India. Many questions came into notice like: What are the information/ Documents required from Foreign companies? Whether the presence of an authorized representative of a foreign Company mandatory in India at the time of signing of …

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KEY TAKE AWAY OF THE COMPANIES (AMENDMENT) ACT, 2020

Government has passed the Companies (Amendment) Act, 2020 w.e.f. 28th September, 2020 as Act No. 29 of 2020 to further amend Companies Act, 2013 on March 12, 2020. Companies (Amendment) Act, 2020 based on CLC Committee. CLC Committee submitted its report in November 2019. There are amendments in 66 Sections of Companies Act, 2013 Title …

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board of directors report CHECKLIST for public company

Checklist on Board’s Report under The Companies Act, 2013

We have first prepared this checklist in 2015 to assist all the companies (OPC, small, Private, Public or Listed) in the preparation of the Director’s Report and every year we update this checklist as per the latest amendment in the Companies Act, 2013 and publish the same in our Blog. Below mentioned checklist of the …

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faq

FAQs on Extension of AGM (Annual General Meeting)

Short Summary: In this series of editorial, the author shall discuss the Quick bites on ‘Extension of AGM for the f.y. 2019-20”. After receiving copious questions from our professional colleagues through our WhatsApp groups “Google Form”, inside this editorial, we have ventured to clarify all those questions received till date relating to the ‘Extension of …

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Financial Statements

Can the Financial Statements be signed digitally?

Short Summary: Due to CoVID 19, it becomes difficult for Companies throughout the country to hold the physical Board Meeting. Therefore, many companies are holding their Board Meeting for the approval of the financial statement through Video Conferencing. As many companies are holding Video Conferencing Board meetings and Directors are not available at the same …

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Signing of the Financial Statement in the CoVID 19 period

Signing of the Financial Statement in the CoVID 19 period

Short Summary: In our previous article, we have talked about, who can sign the Financial Statement and whether the Financial Statement be signed digitally. In this editorial, the author shall discuss the Quick bites on ‘Signing of the Financial Statement in the CoVID 19 period”. As we have received numerous questions from our professional colleagues …

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FAQs on Annual General Meeting & Extension of Annual General Meeting due to CoVID-19.

FAQs on Annual General Meeting & Extension of Annual General Meeting due to CoVID-19.

Short Summary: In our preceding article, we have talked about the Process of the Extension of the AGM. In this editorial, the author shall discuss the Quick bites on ‘Annual General Meeting & Extension of Annual General Meeting due to CoVID 19. As we have received numerous questions from our professional colleagues through WhatsApp groups …

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FAQS

FAQs on disqualification of Director

Short Summary:  In our former Articles, we have talked, How to remove the disqualification of the Director and how auditor reports a disqualification of a director in the Audit Report. In this editorial, the author shall discuss the Quick bites on ‘Disqualification of Director’. As we have received numerous questions from our professional colleagues through …

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MGT 9

Whether MGT-9 required to attach with Directors Report?

Summary: Many professionals have asked one question i.e. “Whether MGT-9 is required to be preparing for F.Y. 2019-20 or not”. Old Provisions: As per CA, 2013 section 134, Companies were required to prepare MGT-9 extract of Annual Return and such MGT-9 was required to file with Directors Report. This provision has been amended by CAA, …

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How an Auditor reports a disqualification of director in An Audit Report?

Short Summary: How do you know a director is disqualified? Section 164(2) enumerate conditions for the disqualification of the director. A director can be disqualified under Section 164 of the Companies Act, 2013 for the following reasons: The Director is of unsound mind and stands so declared by a competent court. The Director is an …

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How to Remove Disqualification of Director?

Short Summary In this Flash editorial, the author begins by referring the provisions of Interim Stay on Disqualification of Director. High Court as per the latest judgments in August 2020 pronounced “Interim Stay” on the disqualification of Directors, which will help the directors to activate their DIN from the ROC. Provisions As per the Companies …

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Quick Bites (AGM) Annual General Meeting – Through Video Conferencing

Short Summary: In this editorial, the author shall discuss the Quick bites on ‘Holding of the AGM through Video Conferencing’. As we have received numerous questions from our professional colleagues through WhatsApp groups “Gyan Gurukul”, inside this editorial we have attempted to clarify all those questions relating to ‘Holding of the AGM through Video Conferencing’. …

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Quick Bites (PAS-6) – Reconciliation of Share Capital Audit Certificate

Short Summary: In our former Article No. 609, we have talked about the provisions of ‘PAS-6’. likewise, we have published a series of videos on the topic “PAS-6” (The link is given in the footer). In this editorial, the author shall discuss the Quick bites on ‘PAS-6’. As we have received numerous questions from our …

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Process of Extension of AGM (Annual General Meeting)

Short Summary: In this editorial, the author shall discuss the Process and provisions of extension of Due Date of Annual General Meeting (hereafter referred as “AGM”). Every company other than a One Person Company shall in each year hold in addition to any other meetings, a general meeting as its annual general meetingwithin a period …

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Annual Compliance Calendar – Companies Act, 2013 – PUBLIC LIMITED COMPANY

Dated: August 09, 2020 BACKGROUND: In this Flash editorial, the author begins by referring to the Provisions of the Companies Act, 2013, read with all the Amendment Acts and rules mentioned there till Companies (Amendment) Act, 2019. As per the latest amendments, Companies requirements for the compliances have been changed in comparison to the compliance …

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Annual Compliance Calendar -Companies Act, 2013 – PRIVATE LIMITED COMPANY

Dated: August 08, 2020 BACKGROUND: In this Flash editorial, the Author begins by referring to the provisions of Companies Act, 2013, read with all the Amendment Acts and rules mentioned there till the Companies (Amendment) Act, 2019. As per the latest amendments, Companies requirements for the compliances have been changed in comparison to the compliance …

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Annual Compliance Calendar – SMALL COMPANY – Companies Act, 2013

Dated: August 07, 2020 BACKGROUND: In this Flash editorial, the Author begins by referring to the provisions of the Companies Act, 2013, read with all the Amendment Acts and the rules mentioned there till Companies (Amendment) Act, 2019. As per the latest Amendments, Companies requirements for the compliances have been changed in comparison to the …

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