Every company has to maintain the statutory records and register mandatorily. The statutory register and records shall be kept at the registered office of the company. List of Statutory Registers to be maintained are: Register of Members Register of Directors and KMP Register of Loans/Guarantee/security & Investments Register of Charges and instrument of charges Register […]
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One of the most important features of a Company is that its shares are transferable. Transfer and transmission of shares both involve the change of ownership of shares in the company. Transfer of shares refers to the investor voluntarily altering the ownership of his/her shares by giving them to another investor. Transmission of shares is […]
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When a company wishes to raise capital, it may do so by fresh issue of shares. This issue of shares can be through private placement, preferential allotment, ESOPs (Employee Stock Option Scheme), bonus issue, issue of sweat equity shares etc., The process of allotment to various shareholders/entities is governed by the Companies Act, 2013, and […]
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As the company grows, its size of operation also increases. It may need more funds for new venture, expansion or diversification of business operations or to meet the expenditure requirements that may arise in future. The company may also go for merger or acquistion or corporate restructuring. These requirements can be met by increasing the […]
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A change in the registered business office address may be required due to better management, convenience and various other reasons. The shifting can be within the local limits of same city, outside the local limits within same city, from jurisdiction of present ROC to another ROC and sometimes from one state to another. Statutory compliances […]
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As per the Companies Act, 2013, companies are required to file particulars of a charge within 30 days of the creation thereof, otherwise the charge is void against liquidators and creditors of the company. The purpose of registration of charge is to provide public notice to those who contemplate giving credit to the company on […]
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XBRL stands for eXtensible Business Reporting Language. XBRL is a tool which helps in analyzing all financial & other technical data in a systematic manner. It’s benefits are seen in automation, cost saving, faster, more reliable and more accurate handling of data, improved analysis and in better quality of information and decision making. XBRL filing […]
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Public limited Company is the only corporate form of organization which is allowed to raise funds from general public, thereby widening the shareholder base and spreading risk.Even a closely held Company can operate as a Public Company without diluting promoter’s stake.Banks and financial institutions may be more willing to extend finance to such companies. Public […]
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LLP is a business structure which offers almost all the advantages of a partnership and at the same time mitigates the disadvantages of a traditional Partnership to a large extent. LLP is better than Partnership because there is no limit to the number of partners, it is a body corporate having separate legal entity, the […]
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One Person Company (OPC) is a business entity in which there is only one owner with limited liabilities who can act both as a shareholder as well as the director. The concept of OPC is basically to promote business enterprises that are owned and managed by a single entrepreneur. The OPC business helps Startup Entrepreneurs […]
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