FCS Ashish Jain 
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 18(1) of Companies Act 2013 a company of any class registered under this Act may convert itself as a company of other class under this Act by alteration of memorandum and articles of the company in accordance with the provisions of this Chapter. Draft … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 140 of Companies Act 2013 the auditor appointed under section 139 may be removed from his office before the expiry of his term only by a special resolution of the company, after obtaining the previous approval of the Central Government in that behalf in … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 31 of Companies Act 2013 any class or classes of companies, as the Securities and Exchange Board may provide by regulations in this behalf, may file a shelf prospectus with the Registrar at the stage of the first offer of securities included therein which … Read more
Draft Board Resolutions Under Companies Act 2013 S. No. Section Purpose/Subject Matter 1 8 Draft Board Resolution for Conversion into Section 8 Company 2 12 Draft Board Resolution for Shifting of Registered Office within The City 3 12 Draft Board Resolution for Shifting of Registered Office From One State to Another 4 13 Draft Board … Read more
As per the provisions of section 68 (1) of Companies Act, 2013 notwithstanding anything contained in this Act, but subject to the provisions of subsection (2), a company may purchase its own shares or other specified securities (hereinafter referred to as buy-back) out of— (adsbygoogle = window.adsbygoogle || []).push({}); (a) its free reserves; (b) the … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 58(1) of the Companies Act, 2013 If a private company limited by shares refuses, whether in pursuance of any power of the company under its articles or otherwise, to register the transfer of, or the transmission by operation of law of the right to, … Read more
Draft Board Resolution For Appointment of Bankers to the Issue (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT the following Banks be and are hereby appointed as Bankers to the proposed issue of the company and that separate accounts under the name and style of ________ Limited -Equity Issue Account be opened with each of the … Read more
Draft Board Resolution For Approval of Prospectus (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT subject to the approval of the Financial Institutions, Stock Exchanges, etc. the draft Red Herring Prospectus (RHP) offering _______ equity shares of Rs. ___ each for cash at par, submitted to this meeting, duly initialed by the chairman for the purpose … Read more
Consent Letter to act as CEO (adsbygoogle = window.adsbygoogle || []).push({}); To The Managing Director ___________________ ___________________ Sub : Consent to act as Chief Executive Officer (KMP) of _________. I, the undersigned, do hereby give my consent to act as a Chief Executive Oficer (KMP) of ________________, pursuant to the provisions of Section 203 and … Read more
Consent Letter to act as CFO (adsbygoogle = window.adsbygoogle || []).push({}); To The Managing Director ___________________ ___________________ Sub : Consent to act as Chief Financial Officer (KMP) of _________. I, the undersigned, do hereby give my consent to act as a Chief Financial Oficer (KMP) of ________________, pursuant to the provisions of Section 203 and … Read more
Consent Letter to act as Company Secretary (adsbygoogle = window.adsbygoogle || []).push({}); To The Managing Director ___________________ ___________________ Sub : Consent to act as Company Secretary (KMP) of _________. I, the undersigned, do hereby give my consent to act as a Company Secretary (KMP) of ________________, pursuant to the provisions of Section 203 and 2(51) of … Read more
Consent Letter to act as Managing Director (adsbygoogle = window.adsbygoogle || []).push({}); To The Board of Directors ___________________ ___________________ Sub : Consent to act as Managing Director (KMP) of _________. I, the undersigned, do hereby give my consent to act as a Managing Director (KMP) of ________________, pursuant to the provisions of Section 196, 203 and … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 55(2) of Companies Act, 2013 Preference Shares can only be redeemed either out of the profits of the company which would otherwise be available for dividend or out of the proceeds of a fresh issue of shares made for the purposes of such redemption … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 55(2) of the Companies Act, 2013 a company limited by shares may, if so authorised by its articles, issue preference shares which are liable to be redeemed within a period not exceeding twenty years from the date of their issue subject to such conditions … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 2(60) of the Companies Act 2013 officer who is in default‖, for the purpose of any provision in this Act which enacts that an officer of the company who is in default shall be liable to any penalty or punishment by way of imprisonment, … Read more
Draft Board Resolution for Forfeiture of Shares (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT pursuant to Article No ____ of the Articles of Association of the company and other applicable provisions, if any, of the Companies Act, 2013, Listing Regulations and the Listing Agreement, consent of the Board of directors of the company be and … Read more
Ordinary Resolution For Consolidation of Shares (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED FURTHER THAT pursuant to Section 61(1)(d) and other applicable provisions, if any, of the Companies Act, 2013 and Article… of Articles of Association of the company, all the __________ (No of Shares) equity shares of Rs. 10 (Rupees ten) each of the company be and are … Read more
Ordinary Resolution For Subdivision of Shares (adsbygoogle = window.adsbygoogle || []).push({}); RESOLVED THAT pursuant to Section 61(1)(d) and other applicable provisions, if any, of the Companies Act, 2013 and Article… of Articles of Association of the company, all the __________ (No of Shares) equity shares of Rs. 100 (Rupees hundred) each of the company be and are hereby … Read more
Draft Board Resolution For Splitting Share Certificate (adsbygoogle = window.adsbygoogle || []).push({}); “RESOLVED THAT the original Certificate No. __ for ______ Equity shares of Rs. 10 each having distinctive No. …….. to ……… held in the name of _______ be cancelled and sub-divided certificates as noted below, be issued in lieu thereof under the Common … Read more
Special Resolutions Under Companies Act 2013 S. No. Section Purpose/Subject Matter 1 4 Special Resolution for Change of Name 2 8 Special Resolution for Conversion into Section 8 Company 3 12 Special Resolution for Shifting of Registered Office From One State to Another 4 13 Special Resolution for Alteration in Object Clause 5 14 Draft … Read more