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Company Archives - All About Finance

THE COMPANIES (AMENDMENT) BILL, 2014 passed in Lok Sabha

STATEMENT OF OBJECTS AND REASONS Companies Act, 2013 (Act) was notified on 29th August, 2013. Barring provisons relating to Chapters XV to XX and certain other provisions relating to setting up of/exercise of powers by National Company Law Tribunal (NCLT)/National Company Law Appellate Tribunal (NCLAT); Investor Education and Protection Fund (IEPF’); National Financial Reporting Authority … Read more

The company law settlement scheme (CLSS) is further extended up to 31St December 2014.

The ministries of company affairs extend the CLSS-2014 up to 31/12/2014. The general Circular No.44/2014 is issued as on 14/11/2014.  The text of the circular is as below.         General Circular No. 44/2014 No.2/13/2014-CL-V Government of India, Ministry of company affairs, 5Th floor A wing, Shastri Bhawan, Dr. R.P. Road, New Delhi   … Read more

The clauses of Memorandum of Association under company Act 2013 and Format of MOA

As per Schedule I of the Company act 2013 Memorandum of association of company limited by shares has six clauses, which are described below:- 1) Name Clause: – Under this clause name of company is stated, as approved by MCA. 2) Registered Office Clause: – The memorandum must mention the state in which registered office of the … Read more

How to close defunct company in fast track exit mode?

Meaning of defunct company There are many companies which are registered under company act 1956 but due to various reasons they are not operative since incorporation. Some companies become operative immediately after incorporation but become inoperative thereafter. The fast track exit mode scheme is applicable to the defunct company. Here “Defunct Company” means the company … Read more

Format of board resolution for the change in name of the company

———————— PRIVATE LIMITED (CIN: —————————————-) Registered Office: – ——————————————————————————– Tel: —————– E-mail:———————– CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS OF ———————— PRIVATE LIMITED HELD ON —–DAY THE ——- AT THE REGISTERED OFFICE OF THE COMPANY AT ——–   01. TO CONSIDER THE APPLICATION FOR CHANGE OF NAME Chairman informed board … Read more

Name guidelines for reservation of name of the company under Company Act 2013

After getting the DIN of directors, the next steep of the formation of the company is the reservation of name. Once you reserve the name of the company then you can go ahead for formation of the company. Applicant should follow the name guidelines properly to get the name reservation in first attempt. Name guidelines Following … Read more