Contents: What is extraordinary General Meeting (EGM)? What provision covers Extraordinary General meeting related matters? When is Extraordinary General meeting convened? What businesses are transacted in Extraordinary General meeting (EGM)? When the notice of Extraordinary General meeting is is given to members? What are important matters related to Extraordinary General meeting? Is there any form/…

The Board of Directors of a company is primarily an oversight board. The main motive of Board of Directors is to ensure that the interest of non- controlling shareholders is protected. This paper is divided under two parts. The first part is about the corporate governance provisions related to meetings of BOD using statutes and…

The Ministry of Corporate Affairs has made a further effort to encourage a greater deal of ‘ease of doing business’, the Ministry of Corporate Affairs has enhanced the timeline regarding the duration of several schemes till the end of the year 2020 in the wake of constant disturbance caused by the corona virus pandemic in…

Meaning of OPC: One Person Company (OPC) means a company with only one person as its member. It is that company that has only one shareholder as its member. Meaning of Private Ltd Company: A Private Ltd Company is a company which is privately held for small businesses. The liability of members is limited to…

Content What do you mean by Corporate Social Responsibility? Which company need to constitute a Corporate Social Responsibility Committee Minimum amount of expenditure on Corporate Social Responsibility Accounting treatment of Corporate Social Responsibility expenditure What do you mean by Corporate Social Responsibility? Corporate Social Responsibility means various social activities carried out by medium to big…

Content Ways of striking off of Limited Liability Partnership Conditions for filing an application for closing a Limited Liability Partnership Procedure for winding up of LLP  According to the Limited Liability Partnership Rules, 2009 LLP form 24 has been introduced by the MCA and with the introduction of LLP (Amendment) Rules, 2017; it is now…

Provisions for holding an annual general meeting of a company: As per section 96 of Companies Act, 2013, every company other than one Person Company is required to hold annual general meetings to transact the items of ordinary or special business. Annual general meetings shall be held once in each calendar year, however, as per…

Meaning of Form DPT 3 DPT–3 form is the statement return which is required to be filed by every company other than a government company and a class of company specify which has accepted deposits under section 73 and rules made thereunder. Generally, every amount accepted from public (including members) is treated as public deposits.DPT-3…

Introduction: Limited Liability Partnerships (LLP) are a form of business entity which allows individual partners to be free from the concept of unlimited liability of partners in a partnership firm. Now, as the government is increasing the compliances for companies, most of the people are choosing LLP form of business due to less complex compliances….

Introduction As globalisation is seeking its peek the world is moving towards corporatisation and professionalism.  Everybody knows that LLP is a modern era body corporate but the increasing demand and market blocks the very essence of the same. Therefore a need arises of company and there our topic is process of conversion of LLP into…

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