Significant Amendments Under Companies Act, 2013

Major revamp of Companies Act enhancing accountability of ultimate beneficial interest in shares and significant move towards digitization making the demat of shares mandatory even for private companies.

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Maintaining Books of Accounts as per Companies Act 2013

Book of Accounts includes: – all sums of money received and expended by the company and explanation of the said transaction; all sales and purchases of goods and services by the company; the assets and liabilities of the company; the items of cost as may be prescribed under section...

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Differential Right Shares Under Companies Act 2013

The share capital of a company shall be of two kinds, namely: — (a) equity share capital— with voting rights; or with differential rights as to dividend, voting or otherwise. (b) preference share capital. While equity shares with voting rights and preference shares are well-known, it’s worth noting that...

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Director’s Report for Private Companies under Companies Act, 2013

The “Directors’ Report” is a report prepared by the directors of a company and presented to the shareholders at the annual general meeting under the Companies Act, 2013. This report gives an overview of the company’s financial position and performance for the year.  

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MCA New Rules for Voluntary Exit of Companies

CPACE is set up by Ministry for faster exit to companies in winding up for which STK 2 form shall be disabled on MCA portal V2 on 30th April and will be rolled out in V3 on 1st May.

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CONTENTS OF DIRECTORS REPORT

  Directors Report Shareholders being the owners of the company , have the right to know about its performance , stability, efficiency etc. Directors through directors report helps the shareholders to understand how the company & its management fared during a particular Financial Year. Click on the title to...

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