February 22, 2018     by CS Samrish Bhanja
Earlier, under old Companies Act regime, many companies accepted share application money under private placement and utilized the same for the business purpose even without allotment of shares. Only Schedule VI of the Old Companies Act provided the manner to treat the same in....
February 20, 2018     by Mayank Verma
  Transfer of shares between two residents (of India) involves payment of consideration (buyer to the seller) and execution of share transfer deed. Share transfer deed to be duly stamped @ 0.25% of the consideration amount. When the transaction is between a resident and....
February 19, 2018     by Mayank Verma
  BRIEF INTRODUCTION A company is a legal person formed under the applicable laws in order to do a business/activity by complying the laws of the land. In India, Companies Act, 2013 has many provisions in order to maintain transparent working of the company.  When these....
February 8, 2018     by CS Samrish Bhanja
The resignation by a Director is not subject to acceptance by the Board. The resignation of a director shall take effect from the date on which the notice is received by the company or the date, if any, specified by the director in the notice, whichever is later. (Section 168 of....
February 5, 2018     by CS Samrish Bhanja
Congratulations! Now that you got the company registered, what care do you need to take to be on the rightside of the law. It makes a lot of economic sense to stay compliant. It helps in efficient and non- interrupted functioning of the Company. There are some crucial time bound....
February 1, 2018     by bsamrishindia.com
 “Allotment of shares” is used to indicate “… the creation of shares by appropriation out of the unappropriated share capital to a particular person. Issue of shares is something distinct from allotment and is some subsequent act whereby the title of the allottee....
January 15, 2018     by bsamrishindia.com
There is a two-stage registration process for a Liaison / Branch office (Foreign Companies) of a foreign Parent Company. First is RBI approval and the second is registration with the Registrar of Companies (RoC). The license is given for three years and thereafter, it requires....
January 15, 2018     by Prasanna Nagure
The choice of business form entirely depends on the end goals to be achieved. We have earlier dealt with the topic India-entry-basics. A foreign entity planning to enter into Indian markets has options such as to open a Liaison office/Branch office or to establish a Wholly....
January 9, 2018     by Akshay Kapoor
  The Companies Act, 2013 has been enacted for the purpose of promoting the good corporate practices, greater transparency and effective stakeholder management. In order to achieve the core objectives of the Act, it provides regulators with enormous powers. Recently two....
December 26, 2017     by Anupama
Particulars Relevant Section/ Rules Action Points Strike off a Company                         Sec. 248 of CA....
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