Understanding ROC: Registrar of Companies
Legal

Understanding ROC: Registrar of Companies

The Registrar of Companies (ROC) is a pivotal statutory authority under the purview of the Ministry of Corporate Affairs (MCA) in India. The ROC is responsible for administering and enforcing the provisions of the Companies Act, 2013 as they pertain to companies registered under its jurisdiction.

Continue Reading about 2 days ago
Corporate Governance & the Committees of Board
Legal

Corporate Governance & the Committees of Board

Corporate governance is more than a buzzword; it's the backbone of a well-functioning organization.

Continue Reading about 15 days ago
Winding Up of a Company in India
Legal

Winding Up of a Company in India

It takes careful planning, coordination, and effort to keep a company functioning smoothly. Sometimes, though, things don't go as planned and the company may face challenges that make it impossible to continue, and the only option left is to stop its operations. This process is called "winding up." It’s the official way of closing a company in an organized and legal manner.

Continue Reading about 17 days ago
How to Incorporate a Company in India?
Legal

How to Incorporate a Company in India?

Incorporating a company is not just a legal requirement but also a crucial step in establishing the credibility and structure of your business. It also helps build trust with stakeholders and lays the foundation for sustainable growth.

Continue Reading about 1 months ago
25 Must Know Keywords of Company Law
Legal

25 Must Know Keywords of Company Law

Understanding the key terms of Company Law under the Companies Act, 2013 is essential for students, professionals, and anyone involved in the corporate world. These terms are the foundation of the rules that govern how companies operate, who controls them, and how they interact with stakeholders.

Continue Reading about 1 months ago
5 Most Important Doctrines of Company Law
Legal

5 Most Important Doctrines of Company Law

The Companies Act, 2013 is the backbone of corporate governance in India. It lays down the rules, principles, and doctrines that regulate the operation, management, and control of companies. These doctrines are essential for interpreting and applying the law in real-world scenarios.

Continue Reading about 1 months ago
Understanding NCLT and NCLAT in Corporate Disputes
Legal

Understanding NCLT and NCLAT in Corporate Disputes

The National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) are the two important judicial bodies in India’s corporate justice landscape. These tribunal bodies were established under the Companies Act, 2013, to handle the disputes and issues under the ambit of Companies Act, IBC and other issues related to companies.

Continue Reading about 1 months ago
Roles & Responsibilities of a Director in a Company
Legal

Roles & Responsibilities of a Director in a Company

When people think of a company director, they often imagine someone with a lot of power, making big decisions and leading the company toward success. While this is partly true, being a director is about much more than just having control. It comes with a lot of responsibilities and duties.

Continue Reading about 1 months ago
How to amend MOA and AOA?
Legal

How to amend MOA and AOA?

Businesses should be dynamic in order to evolve with the changing market demands, growth trends and as well as regulatory shifts. To keep up with these changes, companies find the need to update its core documents: the Memorandum of Association (MOA) and the Articles of Association (AOA).

Continue Reading about 1 months ago
Memorandum of Association (MOA) and Articles of Association (AOA)
Legal

Memorandum of Association (MOA) and Articles of Association (AOA)

Incorporating a company involves several critical steps, and two of the most important documents required are the Memorandum of Association (MOA) and Articles of Association (AOA). Together, these documents establish the foundation for a company’s legal and operational framework under the Companies Act, 2013. While the MOA defines a company’s purpose and scope of activities, the AOA acts as its internal rulebook, governing its management and operations. Let’s understand their significance and differences in detail.

Continue Reading about 1 months ago
Classification of Companies in India
Legal

Classification of Companies in India

Have you ever wondered how businesses are structured and why different companies have different names like 'Private Limited' or 'Limited' after their name?

Continue Reading about 1 years ago
5G Spectrum Analysis: Everything you need to know
Legal

5G Spectrum Analysis: Everything you need to know

The emergence of the internet and smartphones, and the networks were advancing each year. However, what were the changes? The principle improvement is the very best transmission speed in every new generation of networks. Therefore, in each step forward we had, it became viable to grow the variety of network usage for sending messages, streaming offerings, object connectivity, among others.

Continue Reading about 2 years ago
Understanding National Company Law Tribunal (NCLT)
Business

Understanding National Company Law Tribunal (NCLT)

In today's world where arbitration, compromise, arrangements, reconstructions, and the winding up of companies are as usual as the sunrise. The opportunity for shareholders and debtors to lose their money also escalates.

Continue Reading about 4 years ago
Now company formation made easy with SPICe!
Tax Club

Now company formation made easy with SPICe!

As a young Entrepreneur, when you think about a Startup, you think about a Private limited company. Might be forming your own company seems to be Overwhelming but Finology made it easy. Incorporating your own company gives the Members- Limited Liability Benefit that means it will allow their members full exemptions from business debt & obligations.

Continue Reading about 5 years ago
An exhaustive explanation on FORM MGT-14
Big Shots

An exhaustive explanation on FORM MGT-14

When a company is planning to start up, the first step is to incorporate the business with the Registrar of Company (ROC). Companies incorporate themselves with the RoC because it is the body governing the companies and has to mandatorily keep information about companies. Therefore, every company has to notify ROC about the significant steps taken by the company by passing any resolutions at the Board meeting or by entering into an agreement.

Continue Reading about 5 years ago
Liquidation of Company
Legal

Liquidation of Company

Company being artificial person can only be dissolved by striking off the register of companies. This is called liquidation of company.

Continue Reading about 6 years ago
Registration of a Public Limited Company| Explained
Legal

Registration of a Public Limited Company| Explained

A public limited company is an incorporated business and is said to be a separate legal entity from its owners like that of the Private Limited Company. Shareholders are termed to be its owners and they enjoy the benefit of the limited liability. The limited liability is a benefit to each of the shareholder of that company. According to Section 3(1) (IV) of Indian Companies Act 1956 that ‘’a public company is not a private company” also the articles do not restrict the transfers of shares of the company. There is no restriction on the maximum number of the companies. It invites general members and public to purchase the shares and debentures of the company. If one wants to register a public company there are many advantages or benefits related to the registration of a public Company which are -

Continue Reading about 6 years ago
Annual Mandatory Compliance for PLCs
Legal

Annual Mandatory Compliance for PLCs

Generally, people opt for private limited companies due to less formality. It is the most popular and well-known form of start-up. However, some of the mandatory compliances which are pre-requisites are needed to be followed every year.

Continue Reading about 6 years ago