How to Change registered office under Companies Act, 2013

As per section 12 of the Companies Act’2013:Registered office of company(1) A company shall, on and from the fifteenth day of its incorporation and at   all times thereafter, have a registered office capable of receiving and acknowledging all communications and notices as may be addressed to it. (2) The company shall furnish to the … Read more

Forms of Companies Act 2013

INC-1  – Application for reservation of name INC-2 – Incorporation and nomination (One Person Company – OPC) INC-3 – Consent of nominee of OPC INC-4 – Change in member / nominee of OPC INC-5 – Intimation of exceeding threshold of OPC i.e. ceased being an OPC INC-6 – Application for Conversion of Private company into OPC INC-7 – … Read more

Conversion of Private Limited / Unlisted Public Company into LLP

Conversion of Private Limited Company/ Unlisted Public Company into Limited Liability Partnership Key Benefits: 1. One of the most important reasons for the conversion of a Company into a Limited Liability Partnership is derived from the Income Tax Act. The Income Tax Act, 1961 provides for Minimum Alternate Tax and payment of Dividend Distribution Tax by … Read more

Main Notes of Companies (Amendment) Bill, 2014

Effective Date: 02.12.2014.The Corporate Affairs Ministry has had extensive consultations with stakeholders in the matter. The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, on 2ndSr No. December 2014 approved the introduction of the Companies (Amendment) Bill, 2014 in Parliament to make certain amendments in the Companies Act, 2013. This would be among … Read more

Lok Sabha passes the Companies (Amendment) Bill, 2014

The Lok Sabha today passed the Companies (Amendment) Bill, 2014, after Corporate Affairs Minister Arun Jaitley told the house that some of the original provisions were only posing hurdles to doing business in the country. “The object of these amendments is solely to ease the process of doing business in India. None of them have … Read more

Section 185 of the Companies Act, 2013 provides for loans to Directors.

Section 185 now applies to all companies including private companies.A Company shall not directly or indirectly advance any loan or give any guarantee or provide security to any of its directors or to any other person in whom the directors are interested.The provisions of this section does not apply in the following cases:1. loan given … Read more