Posts Tagged: company law

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Registration of One-person Company

One-person company is a proficient way to start a company. The concept was introduced in India through Companies Act, 2013. It is a method of self-employment introduced to boost up the economy of India.

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One Person Company

One-person company (OPC) is a new concept introduced for the first time in India, in the 2013 Act based on the recommendation of the J. J. Irani Committee. As per the definition enshrined in Sec. 2(62) of the Act, there will be only one member in the OPC. Only a natural person can be its sole member.

Legal

What is an Abridged Prospectus?

The dictionary meaning of ‘abridge’ is to shorten something without destroying the meaning of the original. An abridged prospectus is a summary of the prospectus containing such details as be prescribed by the SEBI.

Legal

Work Space Sharing Agreement

A work space sharing agreement is a binding contract for the usage of work space on a sharing basis between two parties. Through this the two parties that is the owner and the tenant of the space can share the working space by paying an amount of fees in exchange for subletting the co-working space.

Legal

Joint Venture Agreement

A Joint Venture is defined as any arrangement whereby two or more parties co-operate in order to run a business or to achieve a commercial objective. In other words, Joint Venture is a business agreement between two or more companies whereby the business resources of the partners are mutually shared and put to use.

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Importance of Memorandum of Association

The Memorandum of Association (MOA) is the company's Constitution, prepared at the time of registration and periodically updated to incorporate changes. It is a legal document that defines the very foundation of the company. Therefore, utmost precision and clarity need to be taken at the time of drafting the MOA.

Legal

What is the Role of CSR Committee?

Corporate Social Responsibility under the Companies Act, 2013 enables the companies to engage in social welfare activities and to take part in the development of the society.

Legal

What is Shareholder’s agreement?

The Shareholders are the actual owners of a company. Shareholders of the company reap the benefits of the business success by way of increased stock valuation or in the form of dividends and profits. In the event of the company incurring losses, the share prices would fall or the shareholders suffer a decline in their portfolio’s value. It is important to uphold the rights of the shareholders. The disputes between shareholders are often settled according to the company’s Article of Association until a proper shareholder agreement is drafted. In other words, an agreement entered into by the company and its shareholders describing the rights and obligations is called the Shareholder’s Agreement.

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Memorandum of Association

Whenever a company is incorporated either Private or Government Undertaking, there are some requirements which must be complied at the time of its incorporation. Without these requirements being complied with no company can be incorporated legally under the Companies Act for the time being in force.

Legal

How to Register Your Home Address as Company's Registered Office

Registration of a business is very tough indeed worth putting in time for choosing a correct address as the Company’s registered office. The entire procedure of company’s registration, as well as fulfilling governmental requirements, involves a huge amount of finance and procurement of a commercial space is an add-on to the cost.

Legal

CSR Obligations upon Indian Companies

Corporate Social Responsibility is a management concept whereby organizations include the social and environmental issues with their business undertakings. CSR is by and large comprehended similar to the path through which an organization accomplishes a balance of financial, environmental and social objectives, while in the meantime tending to the desires for investors and stakeholders.

Posts Tagged: company law

Registration of One-person Company

One Person Company

What is an Abridged Prospectus?

Work Space Sharing Agreement

Joint Venture Agreement

Importance of Memorandum of Association

What is the Role of CSR Committee?

What is Shareholder’s agreement?

Memorandum of Association

How to Register Your Home Address as Company's Registered Office

CSR Obligations upon Indian Companies

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