Articles tagged with companies
SSI is the industrial undertaking which has one time fixed investment in plant, machinery and other equipment required to set up a small scale industry held either on ownership, lease or hire basis. But the investment does not exceed more than one crore.
28 Feb 2019 by
Jaskirat Kohli
DIN or Director Identification Number is obtained by every new director while forming his company, and the same can be surrendered under sec 153 of Companies Act, 2013 and rule 11(f) of companies rule, 2011 along with valid reasons.
01 Mar 2019 by
Jaskirat Kohli
A director can apply for his resignation by applying with a proper reason along with other legal documents and board resolution required with the filing of the prescribed forms to the ROC.
01 Mar 2019 by
Jaskirat Kohli
A director can resign from his office by providing written notice to the board and the company. The directors of the company have to inform MCA within 30 days of such event.
07 Mar 2019 by
Archi Bhatia
Defunct companies or any company having NIL assets and NIL liability can file to ROC for striking their name off the registrar of the companies to avoid annual compliance cost under Fast Track Exit Scheme.
11 Mar 2019 by
Jaskirat Kohli
A shareholder is a person who owns the ownership rights in a company by investing in the company’s shares. A minor can only become a shareholder when he’s gifted or transferred shares only under the guidance of his guardian.
11 Mar 2019 by
Jaskirat Kohli
A Succession certificate is a certificate granted by the courts of India to the legal heir of a deceased person, who dies without preparing his will to claim his financial assets, investments, mutual funds and various other liabilities including debts (if
11 Mar 2019 by
Jaskirat Kohli
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
They are non-executive directors who do not have any personal relationship with the company and must have relevant experience and expertise. In a public company, at least one-third of the total number of directors are Independent Directors.
11 Mar 2019 by
Jaskirat Kohli
To manage the business of the company, the directors need to conduct a meeting for the members of the board. This meeting requires all the directors, chairman and other members to be present either physically or through video conferencing.
11 Mar 2019 by
Jaskirat Kohli
