MEMORANDUM OF ASSOCIATION AND ARTICLE OF ASSOCIATION
Memorandum of Association and Article of Association A company must prepare certain preliminary documents before applying for company registration. The Memorandum of Association (MOA) and Articles of Association (AOA) are two such preliminary documents that every company must prepare. The MOA and AOA should be filed with the Registrar of the Companies (ROC) along with […]
HOW TO CLOSE A COMPANY
HOW TO CLOSE A COMPANY A company can be closed in following way: 01. By strike off (section 248-252) 02. By voluntary winding up (section 59 of IBC,2016) 03. By obtaining dormant or inactive status (section 455) STRIKE OFF Grounds of strike off: 01. Co. has not commenced its business within 1 year from incorporation. […]
INCORPORATING A FOREIGN COMPNAY/FOREIGN COMPANY INCORPORATING A COMPANY IN INDIA
HOW A DUBAI BASED COMPANY CAN OPEN A COMPANY IN INDIA FOREIGN COMPANY 2(42) Any entity that has been incorporated outside India, which: (a) Has a place of business in India whether by itself or through an agent, physically or through electronic mode and (b) Conduct any business activity in India in any other manner. […]
BUYBACK OF SECURITIES
BUYBACK OF SECURITIES / REPURCHASE OF ITS SECURITIES SECTION- 68, 69 and 70 Buyback meaning it means when a company repurchase its securities from stock market thereby reducing its available securities from market and increasing its earning per share (how to calculate EPS: net income less preference dividend divided […]
BRIEF ON BOARD REPORT AND ANNUAL RETURN
BRIEF ON BOARD REPORT AND ANNUAL RETURN BOARD’S REPORT (SECTION 134) BOARD REPORT FOR COMPANIES OTHER THAN OPC AND SMALL COMPANY At the end of the financial year, one must prepare the Board’s Report. Boards report may include various points as per the industries requirement. This is a detailed report which explains about the company’s […]
HIGHLIGHTS OF BUDGET 2023
HIGHLIGHTS OF BUDGET 2023 Limelight of Budget: Fiscal deficit target for financial year 2024 has been cut from 6.4% of GDP to 5.9% of GDP. Per capita income at 1.97 lakhs, which have more than doubled in last 5 years. India emerges as 5th largest economy of the world. For enhancing ease of business more […]
