FCS Ashish Jain 
Draft Board Resolution For Grant of General Power of Attorney “RESOLVED THAT Shri __________, of the Company, be and is hereby authorized to be the Attorney of the Company for such purposes and with such powers, authorities and discretion as embodied in the draft Power of Attorney, a copy of which is submitted to this … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 82 of the Companies Act, 2013 A company shall give intimation to the Registrar in the prescribed form, of the payment or satisfaction in full of any charge registered under this Chapter within a period of thirty days from the date of such payment … Read more
As per the provisions of section 77 of the Companies Act, 2013 It shall be the duty of every company creating a charge within or outside India, on its property or assets or any of its undertakings, whether tangible or otherwise, and situated in or outside India, to register the particulars of the charge signed … Read more
Draft Board Resolution for Authorization for Signing and Filing of E-forms (adsbygoogle = window.adsbygoogle || []).push({}); The Chairman informed the Board that someone should be authorized on behalf of the Board for signing and filing of various e-forms, returns, etc. with the concerned authorities under the Companies Act, 2013. The Board considered the need of … Read more
Criteria For Listing of Matters Before National Company Law Tribunal (NCLT) (adsbygoogle = window.adsbygoogle || []).push({}); The National Company Law Tribunal (NCLT) vide its order No.25/1/2016 dated 29/06/2016, has laid down criteria for listing of the matters before NCLT, Principal Bench and NCLT, New Delhi Bench. The details are as follows : – S. No. … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of second proviso of section 96(1) of the Companies Act, 2013 the Registrar may, for any special reason, extend the time within which any annual general meeting, other than the first annual general meeting, shall be held, by a period not exceeding three months. So if … Read more
DRAFT HOUSE RENT AGREEMENT THIS House Rent Agreement is made and entered into at …… on this …. Day of ….., 2016 Between (adsbygoogle = window.adsbygoogle || []).push({}); Shri ……… S/o……….. R/o ……………, hereinafter called the Party of the First Part (Which expression unless be repugnant to the context or meaning thereof be deemed to … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of second proviso to section 161(2) of the Companies Act, 2013 an Alternate Director shall not hold office for a period longer than that permissible to the director in whose place he has been appointed and shall vacate the office if and when the director in … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of section 113(1)(a) of Companies Act, 2013 a body corporate, whether a company within the meaning of this Act or not, may, if it is a member of a company within the meaning of this Act, by resolution of its Board of Directors or other governing … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per the provisions of Section 168(1) of the Companies Act, 2013 a director may resign from his office by giving a notice in writing to the company and on receipt of such notice 1. Board shall take note of the same by passing a board resolution in this regard … Read more
(adsbygoogle = window.adsbygoogle || []).push({}); As per section 139(6) the first auditor of the company shall be appointed by the Board within 30 days of Incorporation. In case of Board’s failure, an EGM shall be called within 90 days to appoint the first auditor. The law is silent regarding from when this time limit of … Read more
As per the provisions of Section 139(1) of the Companies Act, 2013 every company shall, at the first annual general meeting, appoint an individual or a firm as an auditor who shall hold office from the conclusion of that meeting till the conclusion of its sixth annual general meeting and thereafter till the conclusion of … Read more
Procedure for Holding Board Meeting Through Video Conferencing Under Companies Act, 2013 A Company shall comply with the following procedure, for convening and conducting the Board meetings through video conferencing or other audio visual means. (1) Every Company shall make necessary arrangements to avoid failure of video or audio-visual connection. (2) The Chairperson of the … Read more
Guidance Note on Professional Misconduct For Company Secretary First and Second Schedule to the Company Secretaries Act, 1980 contains professional and other misconduct in relation to Company Secretaries. The expression “professional and other misconduct” is defined in Section 22 of the Act. First Schedule is divided into four parts and Second Schedule is divided into … Read more
Constitution of NCLT and NCLAT and notification of NCLT related provisions under Companies Act 2013 1. Constitution of National Company Law Tribunal and National Company Law Appellate Tribunal. (adsbygoogle = window.adsbygoogle || []).push({}); The Ministry of Corporate Affairs has issued notification for constitution of the National Company Law Tribunal (NCLT) and National Company Law Appellate … Read more
MCA circular on relaxation of additional fees and extension of time for filing of e-Forms by Companies and Annual Return by LLPs (Form 11) (adsbygoogle = window.adsbygoogle || []).push({}); MCA vide its general circular no. 07/2016 dated 31st May, 2016 has extended the period for which the one time waiver of additional fees is applicable … Read more
Stepwise Procedure to Increase Authorised Share Capital under Section 61 (adsbygoogle = window.adsbygoogle || []).push({}); Section 61 of the Companies Act, 2013 deals with the alteration in share capital. As per the provisions of Section 61, if a limited company having share capital, authorised by its Articles of Association, may alter its memorandum in its … Read more
