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Allotment of New Name to Existing Company under Companies Act, 2013

The name of the company is an identity it is recognised with. The Companies Act, 2013 allows the companies to change their name in certain circumstances. But what if the name of the company is changed compulsorily by government itself. Yes, this is our topic of discussion today that what…
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Who can become a shareholder of a company?

Section 2(84) indicates ownership of an individual towards the company whose shares was purchased. By owning shares from a company one becomes an investor and as per Companies Act, 2013 claims the voting rights. Those who hold the share of the company fall under the category of shareholder thus they…
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Understanding Process of closing LLP in India

The MCA (Ministry of Corporate Affairs) has amended LLP Rules by introducing form 24 which paves way to easily dissolve the LLP by making an application to strike down the name. Section 63 of Limited Liability of Partnership Act, 2008 outlines on winding procedures of LLP. The mentioned winding up/…
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All you need to know about Charity and Mutuality under GST

Indian culture always gives equal importance to benevolence as well as socializing. Both these concepts are deeply rooted in our households. Our topic of discussion today revolves around these two concepts. We will discuss Charity and Mutuality under GST. Charity means doing something for helping a needy without expecting anything…
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XBRL Returns Applicability to ND-NSI Category of NBFCs

All the commercial banks, financial institutions, authorised foreign exchange dealers and non-banking financial institutions are required to file returns. These return formats are controlled by RBI.RBI seeks data in specified and uniform formats. These days the prescribed return format is eXtensible Business Reporting Language (XBRL). In this article we will…
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How to Inform MCA/ROC in Case Of the Death of the Director?

MCA or the Ministry of Corporate Affairs deals with the Companies Act 1956, Limited Liability Partnership Act 2008, and other regulations and acts associated with the functioning and administration of the corporate sector. ROC (Registrar of Companies) is an office or a branch of MCA and is responsible for registering…
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All you need to know about Taxation Laws (Amendment) Bill, 2021

  The taxation laws are a very important part of the economic cycle of any society. These laws are for betterment of citizens as well as better governance by government. However, with time just like other things legal provisions also need a review and change as per the needs of…
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What are the Legal Issues in GST?

GST has always been in news since its inception on 1st July 2017. The centre is doing a comprehensive study on the GST law to examine the main issues in this system. This study will examine the services given by multinational company's back offices. In addition to this, they will…
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How to Change Address of the Registered Office of a Company?

The registered office of a company is computed as a place where all the official connections concerning the company are sent. Other than the registered office, a company owns many various offices such as administrative office, branch office, corporate office, and factory. At the same time, it is essential for…
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Differential Voting Rights of Company under Companies Act 2013

The meaning of term differential voting rights is the difference between voting rights of two classes of shareholders. Now, this difference can either give them more or less voting rights. In this article we will understand the concept of Differential Voting Rights of Company. We will see that what are…
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