When shareholders holding at least one-tenth of the paid-up share capital (carrying voting rights) submit a valid requisition, the Board of Directors is legally bound to act on it and convene an Extraordinary General Meeting (EGM). If the Board fails to do so, Section 100(4) empowers the requisitionists to call the meeting themselves. Let’s examine […]

A. Private Company To initiate the registration and compliance process for your startup, the following documents and details are required: B. Limited Liability Partnership To initiate the registration and compliance process for your startup, the following documents and details are required: C. Partnership Firm To initiate the registration and compliance process for your startup, the […]

Limited Liability Partnership Act, 2008 does not cover the provision of conversion of LLP into Company but Section 366 of the Companies Act, 2013 and Company (Authorized to Register) Rules, 2014 allows LLP to convert into a Company as per the provisions contained therein. Many Limited Liability Partnerships (LLPs) are now converting itself into a […]

ATTACHMENTS: a) Proof of Registered office address + NOC                               b) copy of resolution +consent of partners                              c) copies of public notice                              d) consent of secured creditors, if any                               e) Declaration by partners if no secured creditors along with Auditor’s certificate in this respect. ATTACHMENTS: SUPPLEMETARY AGREEMENT

A company may purchase its own shares or other specified securities out of— However, no buy-back of any kind of shares can be made out of the proceeds of an earlier issue of the same kind of shares. Data of Company: S. No. Particulars Amount (in Rs.) 1. Equity Share Capital (675000 shares of Rs. […]

STEP-1. Rule 6 of Companies (Incorporation) Second Amendment Rules, 2021 prescribe the Conversion of One Person Company into Private Limited Company-  (1) Convene Board Meeting and pass the board resolution for approving the voluntary conversion of OPC into private company.  (2) Communicate the resolution to single member and make an entry in the respective minute […]

STEP-1. Rule 6 of Companies (Incorporation) Second Amendment Rules, 2021 prescribe the Conversion of One Person Company into Private Limited Company-  (1) Convene Board Meeting and pass the board resolution for approving the voluntary conversion of OPC into private company.  (2) Communicate the resolution to single member and make an entry in the respective minute […]

The Ministry of Corporate Affairs (“MCA”) on October 27, 2023[1] notified the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023, vide which a new rule, i.e. Rule 9B has been inserted in the existing Companies (Prospectus and Allotment of Securities) Rules, 2015 (“Allotment Rules”). As per Rule 9B Dematerialization of shares is applicable […]