Change in Business

On 10th December 2019, the Ministry of Finance has brought out the notification regarding the Indian Stamp (Collection of Stamp Duty through Stock Exchange...

A Director is defined as an individual who directs, manages or controls the affairs of the company. A director is someone who is appointed to perform the f...

Preference Shares as defined under Section 42(ii) of the Companies Act, 2013, “share capital holders who have a preferential right overpayment of di...

As per Section 62(1)(b) of the companies Act, 2013, if at any time, a company having a share capital proposes to increase its subscribed capital by the iss...

The concept of Oppression and mismanagement helps corporate democracy find its roots. The term ‘oppression’ is not clearly defined by the Companies Act...

Removal of a shareholder from a company is a very lengthy process. A company must enter into an agreement with the shareholders. The agreement must include...

Introduction Nominee Director is a director appointed by the financial institutions or banks in the Board of Directors, subject to the provision of the art...

Alternate Director is the Director appointed by the Board of Director i.e. The Board of Director of a Company if so authorized by the Articles of Associati...

Depreciation means a reduction in the real value of tangible used by the assessee in the course of business or profession. Depreciation can be claimed as a...

Under Companies Act 2013, a new set of companies called as dormant companies has been recognized. For obtaining the status of the dormant company, a compan...

An Independent director is a part of the board of directors of a company that does not have any relation to the company related to material, or pecuniary m...

Every Company is required to have its registered office within 30 days once the Company is registered with the Ministry of Corporate Affairs. However, depe...