Promoter (Company Act 2013)
Promoter Definition and Role A promoter is someone who usually performs the preliminary duties necessary to bring a company into existence. They take all necessary steps to create
Non-Filing of Annual Financial Statements
Registrar of Companies Adjudication Order: Non-Filing of Financial Statements Issue: The Company failed to submit its financial statements for the financial year ending March 31, 2
Capital Redemption Reserve Account
Capital redemption reserve account is a reserve created by a company to offset the reduction in capital that occurs when the company redeems preference shares or buys back its equi
DIN on Financial Statements: Mandatory or Not?
Director Identification Number (DIN), the eight-digit identification code for company directors, plays a crucial role in enhancing transparency and accountability in corporate gove
Company Secretary: Not Just Compliance, It’s an Investment.
Non-appointment of a company secretary can result in heavy penalties for both the company and its directors. Failing to appoint a company secretary can be costly for both companies
Significant Beneficial Owners: A Comprehensive Guide.
Significant Beneficial Owners , Introduction: This guide provides a comprehensive overview of identifying significant beneficial owners (SBOs) for companies falling under the defin
Indian Companies Act 2013: A Comprehensive Guide
Indian Companies Act 2013 is a comprehensive Indian law governing the incorporation, regulation, and winding up of companies. It was introduced to replace the Companies Act 1956 an
Additional Director
Who is an Additional Director? An Additional Director is a director appointed by the board of directors of a company to fill a vacant position on the board. The additional director
How to Write a Director’s Report That Complies with the Law
Director’s Report Table of Contents Director’s Report: An Essential Document for Corporate Governance and Regulatory Compliance The Director’s Report is an import
Right Issue: How to Raise Capital in India
How to Raise Capital Through Right Issue in India: A right issue is a way for a company to raise additional capital by offering new shares to its existing shareholders. Here, the s