NON PROFIT MAKING COMPANY – Section 8 of Companies Act, 2013
A Non Profit making Company is a Company which: Has in its objects, the promotion of commerce, art, science, sports, education, research, social welfare, religion, charity, and protection of environment [...]
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Branch office in India of a Foreign Entity? – Legallands
Pre-requisites for a foreign company to have a branch office in India   The following additional criteria are also considered by the Reserve Bank while sanctioning Branch Offices of foreign entities [...]
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NEW PROVISIONS IN NEGOTIABLE INSTRUMENTS ACT, 1881
The Lok Sabha has passed Negotiable Instruments (Amendment) Bill on July 23, 2018. The amendment introduces new provisions, Section 143A and 148 in the Negotiable Instruments Act, 1881. The new [...]
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DISCLOSURE OF REAL BENEFICIAL OWNER
Section 90 of the Companies Act,2013 along with Companies (Significant Beneficial Owners) Rules, 2018 (“SBO Rules”) has been amended by MCA. As per the latest amendment, Every individual shall hold [...]
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Ease of Doing Business in India
FIRST TIME IN THE HISTORY, INDIA HAS JUMPED 30 PLACES TO BREAK INTO THE TOP 100 COUNTRIES FOR DOING BUSINESS AND SECURED 100TH RANK. India is closer to global best [...]
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Power of the Registrar of the Company (ROC) to remove name of company from register…
By using the power given in section 248(1) of the Companies Act, 2013 ROC has struck off 2,09,032 Companies from the register of companies. What is the case when Show [...]
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All About Loan to Directors
Section 185 of the Companies Act, 2013 which contains provisions dealing with granting of loans & advances and providing of guarantees and securities by a company to its directors and [...]
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Foreign National to do business in India
Foreign National have to decide in what form it wants to do business in India keeping in mind the Pros or Cons of each type of available option along with [...]
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Incorporation of Company in India
incorporation of Company is a legal entity, allowed by legislation, which permits a group of people, as shareholders, to apply to the government for an independent organization to be created, [...]
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