The Ministry of Corporate Affairs (MCA) has changed the law governing the strike-off of Limited Liability Partnerships (LLPs). Because the consequences for failing to file any statutory return are fairly severe, it is prudent for inactive LLPs to close their doors. They can avoid fines by filing applicable forms, and they won’t have to file…

Did you register your company, but somehow the business does not take off? Then what are the safeguards there to protect you? How can you protect yourself from the problems? What are the ways by which you can strike off your company? It is common for a business idea to not take off. Further, you…

In each company, there are two types of shares: Equity Shares or Common Stock and Preference Shares or Preferred Stock. Equity Shareholders are regarded as the true owners of the company since they have voting rights, although preference shareholders do not have voting rights on all resolutions under normal circumstances. However, if a dividend on…

If a company needs money without reducing its equity status, the Company selects a Debentures Issue. It is a debt to the Company. It is similar to borrowing money that needs to be repaid over a while. Debentures have a fixed interest rate. Both organizations and governments often issue debentures to raise funds or capital….

When a shareholder loses his or her share certificate, the shareholder and the corporation in which he or she owned shares may suffer significant financial losses. Under Section 46 of the Companies Act, 2013, and Rule 6(2) (a) to (c) of the Companies (Share Capital and Debentures) Rules, 2014, duplicate share certificates can be issued…

Borrowing cash is an important way for a firm to generate finance for large-scale initiatives and corporate expansion. Corporate borrowings are loans received by a firm by putting a charge on its assets as security to the lender. In this article, we will be discussing Charges and Charges under Section 77 to 87 of the…

The right to partake in a company’s performance, income, and assets come with becoming a shareholder. Many shareholders, however, are unread of their rights. This right, which is held by everyone, has an impact on the company’s management, pre-emptive rights to freshly issued shares, and general meeting voting rights. The share capital of a firm…

A dividend is often declared to investors in the form of cash distribution from the company’s earnings. Rather than reinvesting cash back into the firm, a company may choose to pay a dividend to its shareholders. Dividends are important for investors. They improve stock investing profits, provide an additional metric for fundamental analysis, lower portfolio…

Boards of directors may be one of the remaining bastions of male dominance in the country’s corporate environment. Women on the board, who were largely relatives of the powers that be, usually kept their mouths shut. This institution, on the other hand, has now risen up. In addition, the number of women nominated as directors in…

 Every entrepreneur looks forward to the first step in beginning a business, which is establishing a legal identity by registering a company. Also, companies are in charge of legal documents that outline the dos and don’ts of doing business. Memorandum of Association (MOA) and Articles of Association (AOA), sometimes known as company charters, outline a…

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