To appoint a Director, the Company will need to submit, a request letter under Section 167(3) of the Companies Act, 2013 signed by Shareholder/s of the Company explaining the facts that all the Directors of the Company are disqualified and requesting for insertion of at least one Director through back end of the e-portal. Note: If shareholder is also a disqualified director, then shareholder shou......

Private limited Company is defined under Section 2(68) of the Companies Act 2013. Private Company is a company having a minimum paid-up share capital of one lakh rupees or such higher paid-up share capital as may be prescribed, and which by its articles, — Restricts the right to transfer its shares; Except in a case of One Person Company, limits the number of its members to tw......

Background: There were three phases in the History of Companies Act for “Strike off of Companies”. Phase I:  Under Companies Act, 1956 Closure of Company was stated under Section 560. Phase II: Then MCA came with a Scheme ‘Fast Track Exit Scheme’ (FTE) on 7th June 2011. Phase III: Then MCA came with Companies Act, 2013, provision ......

  S. No. Particulars Companies Act, 2013 SEBI(LODR) Regulations, 2015 (Shall cover the only Materiality of Related Party Transaction) 1 Definition Related Party Transactions- Not Defined under Companies Act Related Party Transactions- Pursuant to regulation 23 of LODR related party transactions means “a transfer of resources, service......

Introduction: Merger/amalgamation is a restructuring tool which helps companies in expansion and diversification of their business and to achieve their underlying objectives. In commercial parlance, merger essentially means an arrangement whereby one or more existing companies merge their identity into another to form a new and different entity which may or may not be one of those existing entit......