May 17, 2018     by Simratjeet Kaur
FDI begins with inward remittance. The most common form of FDI transactions is on account of issue of shares (by an Indian Company) and transfer of shares (of an Indian company) in favour of a Non-resident. The forms involved are basically of following three types, Form for....
May 15, 2018     by Kavita Agrawal
The Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. These enterprises power India, accounting for almost 40% of gross industrial value and 45% of total direct and indirect....
May 10, 2018     by Mayank Verma
In 2017, more than 200,000 companies were struck off to remove the inoperative companies from the Records of the Register of Companies and more than 3,00,000 Directors were disqualified by deactivation of their DIN (Director Identification Number). These stringent measures were....
May 5, 2018     by Amita Sharma
State Governments levy and collect stamp duty on issue of Share Certificates which fall within the sphere of State Legislature by virtue of the powers given to the State Governments through our Constitution (Entry 63 in the State List). Through this article, we would like to....
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....


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