Company Act 2013

REGISTERED OFFICE

Section 12, Registered Office of the Company The company after the receiving the Certificate of Incorporation shall within the period of 15 days, have a registered office capable of receiving and acknowledging all communications and notices as may be addressed to it. The company within 30 days of its incorporation shall furnish to the Registrar verification of its Registered Office in the prescribed manner. What & Where to mention? The company shall paint or affix its name, and the address of its [...]

Memorandum, Articles & Incorporation of Comapny

Today’s topic is Memorandum, Articles & Incorporation of the company, section 4, 5 & 7 of the companies act. Section 4, Memorandum of Company Meaning: "Memorandum" means the memorandum of association of a company as originally framed or as altered from time to time in pursuance of any previous company law or of this Act; Memorandum defines the charter of the company and shall state the following: The name of the company with the last word “Limited” in the case of a public [...]

STOCK GYAN. (Part – 1, Basics)

-Atul Khurana. Let's have a discussion on the stock markets, trading and all that stuff which must be known to one who wants to be share investor. The information will be supplied to you in parts. so, stay tuned to this website. What is Stock Market? The stock market refers to the collection of markets and exchanges where the issuing and trading of equities (stocks of publicly held companies), bonds and other sorts of securities takes place, either through formal exchanges or over-the-counter [...]

Role & Responsibilities of Independent Directors

In our previous article, we had discussed about the Independent Directors & Corporate Governance Now in this article, we had discussed about Role & Responsibilities of Independent Directors Role of the Lead Independent Director: Identify the most critical issues for the board to deal with Assist the board in achieving consensus on important issues Play the role of a facilitator outside the board room especially on contentious issues Work with the CEO to prioritise issues, set the agenda and enable it to [...]

Independent Directors & Corporate Governance

"The issue of Independent Directors is back in focus, thanks to the “ownership row” in a corporate giant in the country and a renewed stress on Corporate Governance across the world." This article analyses the traits of Independent Directors in the present times of stiff competition. Who Is An Independent Director? As per sub-section 6 of Section 149 of THE COMPANIES ACT, 2013 Act, Independent Director means a director other than a managing director or whole time director or a nominee director, a) [...]

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