CS Ashish Jain 
Procedure For The Rectification of Register of Members After The Transfer of Securities Section 59 of the Companies Act, 2013 provides the procedure for the rectification of register of members after the transfer of securities. The provision states that – Table Of Contents Remedy to the aggrieved for not carrying the changes in the … Read more
Private Placement of Securities Under Companies Act 2013 As per Explanation I to Section 42(3), “private placement” means any offer or invitation to subscribe or issue of securities to a select group of persons by a company (other than by way of public offer) through private placement offer-cum-application, which satisfies the conditions specified in this … Read more
Conditions For Issuing Shares With Differential Rights Rule 4 of Companies (Share Capital and Debentures) Rules, 2014 Only a company limited by shares can issue equity shares with differential rights as to dividend, voting or otherwise. Such company has to comply with the following conditions, namely:- (a) the articles of association of the company authorizes … Read more
Differences between Limited Liability Partnership (LLP) and a Company LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its own … Read more
Differences Between Partnership Firm and Company The principal points of distinction between a partnership firm and a company are as follows: Partnership Firm Company A partnership firm is not distinct from the several persons who form the partnership. A company is a distinct legal person. In a partnership, the property of the firm is the … Read more
DEED OF CORPORATE GUARANTEE THIS DEED OF GUARANTEE (this “Guarantee”) was executed at ________ this ____ day of _______ by: ABC Ltd., a company registered under the Companies Act, 2013, with Corporate Identification Number- _____________ and having its registered office at ____________ (hereinafter referred to as the “ABC or Guarantor or Borrower”, which expression shall, … Read more
Checklist For Compliance Under The Minimum Wages Act, 1948 Whether ; 1. The Minimum Wages Act, 1948 is applicable to the Company. 2. The company has been paying the minimum wages as notified from time to time by the appropriate Government under the Act. 3. The company has paid wages in cash. … Read more
Checklist For Compliance The Payment of Wages Act, 1936 Whether ; 1. The Payment of Wages Act, 1936 is applicable to the company. 2. The payment of wages is made before: a. before the expiry of the 7th day of the following month, when less than 1000 persons are employed. b. before the expiry of the … Read more
Checklist For Compliances of Provisions of The Contract Labour (Regulation and Abolition) Act, 1970 Whether ; 1. The Contract Labour (Regulation and Abolition) Act, 1970 is applicable to the company. 2. The principal employer has obtained the certificate of registration for the establishment. 3. The appropriate Government has by a notification prohibited … Read more
