Reasons: Why you need a ROC search report for due diligence? Introduction Due diligence is an important process that businesses undertake to assess the risks and benefits of a potential transaction. Whether you are acquiring a new company, investing in […]

Penalties a company has to pay for non-filing of AOC-4 and MGT-7 Introduction The term “ROC filing” refers to a company’s annual return and audited financial statements that have to be filed on or before due dates with the Ministry […]

What are the responsibilities of an Independent Director of a company? Introduction An Independent director refers to a director who is not connected or related to the company in any manner and only works to secure the interest of such […]

What is the process of preparing a ROC search report? Introduction Section 609 of the Companies Act, 2013 talks about the appointment of a Registrar of Companies (ROC). They are appointed in various states across India for the purpose of […]

MCA clarification regarding the migration of Forms GNL-2 and MGT-14 Introduction The Ministry of Corporate Affairs (MCA) has issued a Circular notifying the filing of Forms GNL-2 (filing of prospectus-related documents) and MGT-14 (filing of Resolutions relating to prospectus-related documents) […]

Shareholder Meaning and Process to appoint Small Shareholder Director, Section 151 companies Act 2013 Introduction A minor shareholder is someone who owns shares in a public corporation with a nominal value of less than INR 20,000. A listed company’s small […]

What are compliances to be filed by section 8 Companies every year? Introduction Section 8 companies are non-governmental organizations are established with the intention of encouraging sports, commerce, charitable activities, science, art etc. These types of companies are registered to […]

56 company forms will be released by MCA (Ministry of Corporate Affairs) on 9th and 23rd January, 2023 Introduction The Ministry of Corporate Affairs (MCA) is releasing a second set of company forms, totaling 56 forms in two lots, on […]

All you need to know about the Subscription Clause under MOA Introduction A subscription clause is one of the necessary clauses of a memorandum of association. Every company is an artificial person governed by the terms of its articles of […]