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The Companies Act 2013: Post Incorporation Reqirements


When a company is incorporated it becomes an artificially created legal entity which has to work according to certain laws and legal structure. As per companies act, 2013 after incorporating certain company there are requirements that needs to be fulfiled

11 Mar 2019 by Jaskirat Kohli

Corporate Social Responsibilities (Companies Act 2013)


The sense of responsibility for a company towards the community and the environment in which it functions comes under the corporate social responsibilities. It usually depends on the company as to how they wish to fulfill these responsibilities.

22 Mar 2019 by Tanya Sharma

Related Parties as Per Companies Act 2013


Related parties are connected with a firm/company in other ways than their own transactions. Usually, directors/key managerial personnel or such companies in which the director/key managerial personnel is a partner are considered as related parties.

26 Mar 2019 by Tanya Sharma

The Companies Act 2013: Significant Beneficial Ownership


People who hold not less than 25% of the benefit interests or right to exercise control over the company needs to disclose his/her areas of interests within the period of investment.

25 Mar 2019 by Tanya Sharma

Name Approval Guidelines as per Companies Act 2013


The major guidelines to name the company are detailed as below:1.No Identical Names:The name of the newly proposed company should not be identical or similar to that of an existing company.2.Not undesirable by law.3. Other Conditions in Name approval

23 Jan 2017 by Ankan Bose

Cost Audit Importance

Cost Audit is the process for certifying the cost allocation of products or services comprising of their labour cost, manufacturing cost, overheads, etc. Cost Audit is a reliable verification of the accounts and records so they can be maintained according
21 Nov 2021 by Deeparzoo Bhogal

Dormant Company - Reactivation, Procedure, and other details


As the name suggests, Dormant Companies are companies that remain inactive. The Companies Act 2013 provides for the existence of such companies. The directors of companies that fall under the umbrella of dormancy may apply for the designation of a Dormant

08 Feb 2022 by Srijita Goswami

Wholly Owned Subsidiary


A wholly owned subsidiary is a company whose common stocks are completely owned by a parent company or a holding company. The parent company is in charge of all the activities performed by its subsidiary company.

14 Mar 2019 by Jaskirat Kohli

Advantages of OPC


One Person Company permits a person to run a business entity with the advantage of limited liability and corporatization. OPC, a hybrid form of business entity provides some advantages which make it more popular among the economic entrepreneurs.

28 Apr 2017 by Jaskirat Kohli

NBFC Collaboration


Collaboration of two entities has always been a significant concept, which brings a wide range of benefits along with it such technological up-gradation, skilled team of professionals, more growth and innovation.

17 Nov 2021 by Bhawna Arora