Relaxation Scheme on Charges under Company Law during Covid-19

The Companies Act, 2013 defines a Charge as an interest or lien created on the assets or property of a Company or any of its undertaking as security and includes a mortgage U/s 2(16). In the earlier A...

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Conversion of Public Limited Company into Private Limited Company

There are largely two types of Companies, One is a Private Limited Company and the other is Public Limited Company. Public Company is defined in S. 2 (68) of the Companies Act, 2013, and Private Compa...

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Audit Committee

Audit Committee is one of the important pillars of the corporate governance mechanism in the company. It is charged with the oversight of financial reporting and disclosures. It boosts the confidence ...

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Appointment of Company Secretary

A company secretary is principally an employee even though he holds a very high rank. He / She may be the Chief Executive & then his position is near to those of the directors. In reality, he is the o...

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Incorporation of One Person Company under Companies Act, 2013

n India, the JJ Irani Expert Committee recommended the formation of a one-person company (OPC). It has suggested that such an entity may be provided with a simpler legal regime through exemptions so t...

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Woman Director

Earlier under Companies Act, 1956 there was no such provision under which appointment of woman has been made compulsory for Companies but with the introduction of The Companies Act, 2013, a sub-sectio...

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Consequences of Non-Registration of A Firm

It is clearly highlighted in The Companies Act 2013 that the key essential for any organization to turn into a company is to get itself registered. A company cannot come into existence without getting...

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Nomination & Remuneration Committee

The Nomination and Remuneration Committee (hereinafter referred as the “Committee”) is a committee of the Board of Directors (hereinafter referred as the “Board”) established in accordance wit...

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Share Capital of the Company

Every company limited by shares should have a share capital. The share capital of a company refers to the amount invested in the company for it to carry out its functions. The share capital may be inc...

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