What procedure to be followed for the appoint key managerial personnel in a company? Introduction The new concept of “key managerial personnel” (KMP) was created by the Companies Act of 2013, with the intention of merging all company heads under […]

What is Form INC-9 and how to submit it? Introduction Form INC-9 is a declaration by directors and subscribers of a company establishing that they are not convicted of any offence under any law. When submitting the SPICe+ form for […]

What is Nidhi Company and what are the necessary Nidhi Company Compliances to be filed? Introduction The main objective of Nidhi Company is to borrow or lend money to its members. These companies fall under the Non-Banking Financial Company (NBFC). […]

What is an auditor and compliance officer? And difference between an auditor and a compliance officer Introduction Most people do not have a clear understanding of the basic difference between a compliance officer and an auditor of a company. The […]

How to change a Director of a Company in India? – A complete guide Introduction Directors are appointed by a company’s shareholders to manage the company. According to the Companies Act of 1956, a Private Limited Company must have a […]

What are the common bookkeeping mistakes made by small businesses? Introduction When compared to the overall appeal of owning and managing a small business, bookkeeping may appear to be an ordinary and tedious task. However, it is a necessary practice […]

Authorized Share Capital of a Company: Meaning, features, Advantages, and How Is Authorized Share Capital Acquired by a Company? Introduction Every company, regardless of its organizational structure or size, will have a specific share capital. Today in this article we […]

Major Clauses of Memorandum of Association(MOA) Introduction “The Companies Act of 2013 mandates that the Memorandum of Association (MOA) include specific clauses. This legal document is created during a company’s foundation and registration process. Individuals form a company through a […]

Process for Increase in Authorized Share Capital Do You want to increase the authorized share capital? Or want to know about Authorized Share Capital of a company. Then, this article will provide you with all the fundamental details on a […]