Note: Section 11 has been removed from the Companies Act 2013 with the new Companies (Amendment) Act, 2015. Due to this amendment, commencement of business certificate will not be required with effect from 29th May 2015 and INC21 for this purpose is not required to be filed with ROC. Here is the earlier provision which … Read More » "Why to File declaration prior to commencement of business – Form INC21"
There can be many reasons to change a company name such as change in ownership, diversification of main business activities or entered to a new geography. Whatever may be the reason for change in company name, if you are interested to change then consider these simple suggestions and steps. Determination of Company’s New Name This … Read More » "How to change company name as per companies act 2013 – 5 easy steps"
Authorised share capital means the maximum value of securities that a company can legally issue. Value of company’s authorised share capital including number of shares and value per share is specified in the capital clause of memorandum of association or MOA while incorporating a company in India. Out of the authorised share capital, company can … Read More » "How to increase authorised share capital of a company – Companies act 2013"
One of the most important amendments that new Companies act 2013 has brought in compare to Companies Act 1956 is to have a uniform financial year. Section 2(41) of companies act 2013 has very clearly defined the term financial year. This amendment to Companies act 2013 has brought in to align with the provisions of … Read More » "Now companies in india should have uniform financial year – Companies act 2013"
First time in Companies act 2013, a detailed procedure has been prescribed for resignation of director. These provisions for resignation of directors are applicable with effect from 1st April 2014 and specified in section 168 of Companies Act 2013. Now as per the new provisions, both company and director are required to comply in case … Read More » "Resignation of director – Compliance and Procedures as per Companies act 2013"
If there are changes to the particulars of directors or DIN as submitted in e-Form DIR3 then the applicant or director is required to submit e-Form DIR6. Changes to the particulars of director as submitted in earlier form DIN1 can also be changed by using the present e-form DIR6. For instance, in the event of … Read More » "How to intimate changes in particulars of director or DIN – eForm DIR6"
In our previous article we have discussed how to intimate situation of registered office to ROC after company incorporation and how to sift registered office from one city to another city within the same state. Today, we will discuss how to sift company registered office or principal place of business from one state to another … Read More » "How to Sift Company’s registered office from one state to another state– Form INC23"
New companies act 2013 has introduced so many new compliance which every private and public limited company registered with registrar of companies are required to comply with. One of such requirement is related to disclosure of director’s interest to registrar of companies or ROC. Provisions related to disclosure of director’s interest are specified in section … Read More » "How and why to disclose director’s interest to Registrar of companies – Companies act 2013"
A Company incorporated under the new companies act 2013 or prior to that must be having a principal place of business which is known as registered office of the company. Such requirement is mandatory as per company law and the company has to file e-Form INC22 at the time of incorporation or within 30 days … Read More » "How to sift company’s registered office within the city or town or village"
In this article we will discuss when and how to file notice for situation of company’s registered office at the time of incorporation or after its incorporation. Provisions related to situation of company’s registered office are specified in Section 12 of Companies Act, 2013. As per section 12 of Companies act 2013, a company shall, … Read More » "When and how to file notice for situation of company’s registered office – e-Form INC22"