Holding an Annual General Meeting (AGM) is one of the most important statutory compliances under the Companies Act, 2013. It provides shareholders with an opportunity to review the company’s performance, approve financial statements, declare dividends, and appoint directors and auditors. However, there may be circumstances where companies find it difficult to convene the AGM within […]
AB Consulting Limited decided to convert into a Limited Liability Partnership (LLP) for several strategic reasons. The company had been experiencing losses in its business, highlighting the need for operational restructuring and more efficient management of resources. Additionally, the increasing compliance burden of operating as an unlisted public company—including mandatory board meetings, audits, and multiple […]
Mr. A and Ms. B, two ambitious professionals, began their journey by offering consultancy services through a small setup. As their business grew and their ambitions expanded, they decided to formalize their operations by incorporating a Private Limited Company under the name AB Consulting Services Private Limited. The primary reason for incorporation was their belief […]
As a director, it’s crucial to understand the responsibilities you have towards regulatory compliance, especially when it comes to the Registrar of Companies (RoC). The RoC plays a key role in overseeing company filings, ensuring compliance with the Companies Act, 2013, and safeguarding the integrity of business practices in India. For directors, understanding the filing […]
In today’s business landscape, transparency and accountability are non-negotiable. One of the most effective ways to ensure this is by having a whistleblower policy in place. But it’s not just about doing the right thing—it’s also about legal compliance, safeguarding your company’s reputation, and protecting your directors from unforeseen risks. Under Section 177 of the […]
Starting a business is an exciting journey filled with innovation, risk, and growth potential. However, navigating the legal landscape can often feel like a maze, especially for first-time founders. From the initial company incorporation to board structures, and understanding related party transactions, the legal requirements outlined in the Companies Act, 2013 can seem overwhelming. As […]
In today’s dynamic business environment, ensuring compliance and strong corporate governance is not just a legal requirement; it’s a strategic imperative for business success. While many directors focus on the broader financial and strategic vision, one crucial partner often makes the difference in keeping a company compliant, efficient, and aligned with all regulatory requirements—the Company […]
Independent directors play a crucial role in ensuring that companies maintain strong corporate governance. They bring an objective, unbiased perspective to the boardroom, helping to improve decision-making and balance the interests of shareholders, management, and other stakeholders. Under Section 149 of the Companies Act, 2013, certain companies are required to have independent directors on their […]
A share buyback can be a powerful tool for companies looking to optimize their capital structure, increase shareholder value, or demonstrate confidence in their financial health. However, it is essential for directors to understand the legal framework and the process laid out under the Companies Act, 2013, specifically Section 68, to ensure the transaction is […]
Mergers and Acquisitions (M&A) are complex transactions that can shape the future of a company, create new growth opportunities, and deliver significant financial rewards. However, M&A deals also come with substantial legal risks and challenges. For directors, understanding the legal framework governing M&As is essential to ensuring that the deal is successful, compliant, and does […]
