Category Archives: Companies Affair

Nidhi Company – Provisions as per Companies Act 2013

Nidhi Company – Provisions as per Companies Act 2013
‘Nidhi’ means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving

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Critical issue of removal of auditor

Critical issue of removal of auditor
Many professionals have been raising question on interpretation/ procedure for removal auditor:-
Situation:
The Companies Act, 2013 permits removal of auditor before completion of his term. The procedure for

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Basics of Non Government Organisations

Basics of Non Government Organisations
Across the world, governments are largely choosing the role of welfare state, i.e. taking case of the well-being of the people at large. Government, with limited resources and limited functionaries,

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CONVERSION OF A FIRM INTO LLP

CONVERSION OF A FIRM INTO LLP
Section 55 of the Limited Liability Partnership Act, 2008 (‘Act’ for short) provides for the conversion from firm into limited liability partnership (‘LLP’ for short). Section 55 provides that

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Sebi stricts on norms of promoter-private equity side deals

Sebi stricts on norms of promoter-private equity side deals
The SEBI stricts on corporate governance norms on compensation agreements between promoters and private equity (PE) funds so that they wouldn’t cut other shareholders out of

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Startup India

Startup India
A startup could be a company that’s within the 1st stage of its operations. it’s primarily business model that aims to satisfy a marketplace would like by developing or providing Associate in Nursing

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