by admin | Aug 17, 2023 | Corporate Laws
Amended Definition of Small Company under Companies Act, 2013. The details of Benefits available for Small Companies with respect to some relaxations on compliance burdens under the Companies Act.
by Sailaja | Nov 25, 2015 | Corporate Laws
MCA had issued notification vide GSR 464(E) dated on June 05, 2015, there are some confusion over on the notification, regarding applicability of particular sections and filing of forms with MCA in respect of Board Resolution and Shareholder Resolutions U/s 117...
by Sailaja | Nov 25, 2015 | Corporate Laws
185 (1) Save as otherwise provided in this Act, no company shall, directly or indirectly, advance any loan, including any loan represented by a book debt, to any of its directors or to any other person in whom the director is interested or give any guarantee or...
by Sailaja | Apr 2, 2015 | Corporate Laws
MCA has issued clarification on the position of Loans Received by private companies from members, directors or their relatives before 01.04.2014, according to this clarification, the said unsecured loans which are received before 01.04.2014 will not be considered as...
by Sailaja | Mar 16, 2015 | Corporate Laws
Position earlier to Companies Act 2013: Earlier, under old Companies Act regime, many companies accepted share application money under private placement and utilized the same for the business purpose even without allotment of shares. Position after enactment of...
by Sailaja | Mar 16, 2015 | Corporate Laws
Majority of Private Limited Companies have accepted unsecured loans from Director’s relatives or from its members as allowed under the provisions of Companies Act, 1956. As per Companies (Acceptance of Deposit) Rules, 2014 as applicable from Ist April 2014 all such...
