GST Registration

Call Us Today  Contact us Submit your details & we will get back to you soon GST Registraion COMPULSORY REGISTRATION Companies have to register for GST in the event that they fall under one of many following requirements. A) TURNOVER BASIS Every Supplier shall be liable to  get registered under GST in the State or […]

Transfer of shares

Step 1- Verifying approval within the Articles of Association  Section 61 of the Companies Act, 2013, orders that for expanding the Authorised offer capital, approval in Articles of Association is a pre-condition. Hence verifying that the necessary provisions are spelled out within the Articles is a pre-requisite to increasing authorised share capital. In case the […]

Increase in authorized share capital

Step 1- Verifying approval within the Articles of Association  Section 61 of the Companies Act, 2013, orders that for expanding the Authorized offer capital, approval in Articles of Association is a pre-condition. Hence verifying that the necessary provisions are spelled out within the Articles is a pre-requisite to increasing authorized share capital. In case the […]

Drafting of resolution

Company resolutions The Articles of Association and Memorandum of Association form the constitution of limited companies, setting out the rules by which they are run and administered. However, in order to make certain decisions – or change the constitution itself – company directors or shareholders need to pass resolutions. These can be made at general […]

DIN allotment

Director Identificaion Number (DIN) The concept of a Director Identification Number (DIN) has been introduced for the first time with the insertion of Sections 266A to 266G of Companies (Amendment) Act, 2006. As such, all the existing and intending Directors have to obtain DIN within the prescribed time-frame as notified. Forms for DIN application and […]

Change in Registered Office

Section 12, 13 of Companies Act, 2013 Rule 25, 27, 28, 30, 31 Companies (Incorporation) Rules, 2014 Section 12 mandates all the companies to have registered office either at the time of incorporation or within 30 days of incorporation. Registered office of a company is a place where all the communications and notices may be sent. […]

Allotment of Shares

Restrictions on Allotment of Shares: The following restrictions have been prescribed by the Companies Act regarding allotment of shares: (a) Minimum Subscription: ADVERTISEMENTS: Sec. 69(1) states that no allotment can be made by the company until the minimum subscription has been received. (b) Application Money: Sec. 69(3), however, lays down that the amount payable on […]

Addition / Removal of Directors

To remove a Director suo-moto by the Board A Company has the authority to remove a Director by passing an Ordinary Resolution, given the Director was not appointed by the Central Government or the Tribunal. A Board Meeting will be called by giving seven days’ notice to all the directors. A special notice will go […]