Key Points for Preferential Allotment of Shares by Unlisted Companies Under Section 62

Key Points for Preferential Allotment of Shares by Unlisted Companies Under Section 62 Applicable Rules and Sections of Companies Act, 2013 Rule 13 of the Companies (Share Capital and Debentures) Rules, 2014 lays down conditions to be complied with for preferential offer of shares or other securities by unlisted companies. (adsbygoogle = window.adsbygoogle || []).push({}); … Read more

Fast Track Incorporation of Company through INC-29 under Companies Act 2013

Fast Track Incorporation of Company through INC-29 under Companies Act 2013 (adsbygoogle = window.adsbygoogle || []).push({}); Under the ease of doing business initiatives taken by Modi Government, Ministry of Corporate Affairs (MCA) has tried to reduce the time required for incorporation of a new company in India. For this purpose, Ministry of Corporate Affairs (MCA) has … Read more

Suggestions invited by ICSI on proposed Secretarial Standards on Dividend, Board’s Report and Registers & Records

Suggestions invited by ICSI on proposed Secretarial Standards on Dividend, Board’s Report and Registers & Records (adsbygoogle = window.adsbygoogle || []).push({}); The ICSI expresses its sincere gratitude for the valuable suggestions received from professional colleagues on the revision of SS-1 and SS-2. As you are aware that the ICSI has constituted Secretarial Standards Board (SSB) … Read more

DRAFT BOARD RESOLUTION FOR ALTERATION IN OBJECT CLAUSE

(adsbygoogle = window.adsbygoogle || []).push({}); As the object clause is a part of Memorandum of Association (MOA) of company, hence any change in object clause requires alteration in the MOA. Section 13 of the Companies Act, 2013 deals with the alteration of Memorandum of Association. As per the provisions of Section 13, a company may, … Read more