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 issue shares to their … [Read more...] about How to increase authorised share capital of a company – Companies act 2013
companies act 2013
Resignation of director – Compliance and Procedures as per 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 any of the director resigned from his … [Read more...] about Resignation of director – Compliance and Procedures as per Companies act 2013
How to intimate changes in particulars of director or DIN – eForm DIR6
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 change in address of a director, he or she is required to intimate … [Read more...] about How to intimate changes in particulars of director or DIN – eForm DIR6
How to Sift Company’s registered office from one state to another state– Form INC23
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 state. Provisions related to sifting of … [Read more...] about How to Sift Company’s registered office from one state to another state– Form INC23
How and why to disclose director’s interest to Registrar of companies – Companies act 2013
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 184(1) of … [Read more...] about How and why to disclose director’s interest to Registrar of companies – Companies act 2013
How to sift company’s registered office within the city or town or village
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 from the date of incorporation stating the situation of registered … [Read more...] about How to sift company’s registered office within the city or town or village
When and how to file notice for situation of company’s registered office – e-Form INC22
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, on and from the 15th day of its … [Read more...] about When and how to file notice for situation of company’s registered office – e-Form INC22
Removal of auditor and procedures for filing e-Form ADT2 – Section 140 of Companies Act 2013
In our last article, we have discussed various provisions on company auditors such as appointment, resignation, filing of e-form ADT-1, and qualification required to be a company auditor. In this article we will be discussing how to remove a company auditor and filing of e-form ADT-2 with ROC for removal. As per section 140 of the Companies Act, 2013, an auditor can be … [Read more...] about Removal of auditor and procedures for filing e-Form ADT2 – Section 140 of Companies Act 2013
Resignation of company auditor and filing of form ADT3 with ROC
In our previous articles, we have discussed steps for appointing a company auditor, filing of e-form ADT-1 and qualification required to be an auditor. An auditor appointed under section 139 of Companies Act 2013, can resign after his or her appointment. When an auditor ceases to hold office after resignation as company auditor, the auditor is obliged under section 140 of … [Read more...] about Resignation of company auditor and filing of form ADT3 with ROC
How to file form ADT1 with ROC – Step by step procedure
Form ADT1 is required to be filed for auditors appointed under section 139(1) of companies act 2013 read with rule 4(2) of the companies (audit and auditors) rules, 2014. This form is to be filed as a notice to registrar about appointment or reappointment of auditor. In our last article we have discussed when and who has to file form ADT1 with ROC. In this article we will be … [Read more...] about How to file form ADT1 with ROC – Step by step procedure