Buy back of shares as the name suggests is a process of buying by the company of its own shares from its shareholders at market value and thus reducing its share capital. It is a great way of rewarding the shareholders and distributing the profits of the company in...
Read MoreAs we are heading to a new financial year, it’s important to keep track of compliances and complete them within the due dates. We are happy to share a comprehensive compliance calendar for private companies, small companies, not for profit covering secretarial, FEMA compliances, threshold compliances and many more!...
Read MoreThe most crucial and important factor before you commence your business is deciding on the name of the company or LLP. There are certain guidelines or factors that needs to be considered before you can apply for name of your company or LLP with Ministry of Corporate Affairs (MCA)....
Read MoreConverting a partnership firm into a Limited Liability Partnership (LLP) provides several benefits such as: Limited Liability Protection: LLP protects personal assets from business risks, unlike partnership firm where partners have unlimited liability. Separate Legal Entity: An LLP operates independently, ensuring continuity even if partners change. Perpetual Succession:...
Read MoreFunding is most crucial resource for an organization to thrive and grow. With the advent of Companies Act 2013 effective 1st April 2014, new concept of raising capital came into play- rights issue vs private placement. In simple terms Rights issue is when share capital is raised from the...
Read MoreThe buyback of shares is a corporate financial strategy where a company repurchases its own shares from existing shareholders. This process reduces the number of outstanding shares, thereby increasing the ownership stake of remaining shareholders. Companies may undertake a buyback for various reasons, including returning surplus cash to shareholders,...
Read MoreThe Offer of securities in demat mode refers to the issuance or sale of securities in electronic or dematerialized form. Dematerialization involves converting physical certificates of securities into electronic form, which can then be held and traded electronically through a depository system. Regulatory authorities in many countries, including India,...
Read MoreShare capital in a company limited by shares can be classified in two buckets- equity and preference capital. Equity shares can be with voting rights or with differential rights with respect to voting, dividend or any other criteria. To know more about differential right shares please refer to...
Read MoreAPPLICABLE PROVISIONS Section 169 and 115 of the Act ESTIMATED TIMELINES 30-35 days TYPE OF MEETINGS Board meeting and General meeting FORMS TO BE FILED DIR-12 PENALTY FOR NON-COMPLIANCE Any non-compliance with respect to above provisions shall be punishable with fine...
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