CONVERSION OF A FIRM INTO LLP Section 55 of the Limited Liability Partnership Act, 2008 (‘Act’ for short) provides for the conversion of a firm into llp from firm into limited liability partnership (‘LLP’ for short). Section 55 provides that a firm may converted into a LLP in accordance with the provisions of Chapter X […]
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 the loop and allowed foreign portfolio investors to invest directly in corporate bonds without a broker.
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 innovative product, method or service
Comprehensive understanding on issue of bonus shares Bonus issue refers to an additional issue of shares created by a corporation having share capital to its existing shareholders in proportion to their holdings with none thought. it’s conjointly referred to as as capitalization of the reserves of the corporate.
Critical issues on corporate governance Corporate governance essentially involves balancing the pastimes of the various stakeholders in a organisation – these encompass its shareholders, control, customers, providers, financiers, government and the community.
Calculation of Limits u/s 186 of the New Companies Act, 2013 Reference – Short Note on Limits specified u/s 186 of the New Companies Act, 2013 Section 186 of the Companies Act, 2013 is applicable to Companies.Recentally Section 372A of the Companies Act, 1956 was applicable only to Public Limited Companies. We hereby give gist […]
Steps for incorporation under new companies Act Step-1: Allotment of Director identification Number (DIN) An software needs to be made with the Ministry of company Affairs, DIN cell, New Delhi, electronically, in form no. DIR-3, for software for allotment of DIN.