Under Section 68of the Companies Act, 2013 and the Companies (Share Capital and Debentures) Rules, 2014 A. REASONS/BENEFITS OF BUY-BACK: There are many reasons & benefits to buy-back its shares by a company, some of them are produced below:- To Increase Earnings Per Share (EPS) of the Company; To pay the surplus funds to the shareholders; To prevent the company from takeover......

[As per the Companies Act, 2013 and NCLT Rules, 2016]1)  Convene a Board Meeting (Pass Board resolution)- Issue notice in accordance with the provisions of section 173(3) of the Companies Act, 2013, for in-principal approval of Directors for conversion of a Public company into a Private company by altering the MOA &  AOA; [Any alteration in the Articles of Association of the Compan......

Dear CC Readers, The Central Government constituted National Company Law Tribunal (NCLT) under section 408 of the Companies Act, 2013 (18 of 2013) w.e.f. 01st June 2016. In the first phase the Ministry of Corporate Affairs has set up eleven Benches, one Principal Bench at New Delhi and ten Benches at New Delhi, Ahmadabad, Allahabad, Bengaluru, Chandigarh, Chennai, Guwahati, Hyderabad, Kolkata an......

Drafting, in legal sense, means an act of preparing the legal documents like agreements, contracts, deeds etc. A proper understanding of drafting cannot be realized unless the nexus (a connection or series of connections linking two or more things) between the law, the facts, and the language is fully understood and accepted. Drafting may be defined as the synthesis of law and fact in a language ......