Board Meetings MCA notified Rules on Significant Beneficial Owner for Limited Liability Partnerships neficial owners. Every Company is required to maintain a register of Significant Beneficial owners and such information is required to be changed as and when applicable. In line with Provision of Companies Act, MCA has notified Limited Liability Partnership (Significant Beneficial Owners) Rules, 2023 vide Notification No. G.S.R.832(E) dated 9th November, 2023. Read More » 09/01/2024 No Comments
Others Change in Registered Office of Company| Compliance under Companies Act, 2013 If new registered office is situated outside the city, village or town, then as per Section 12(5) of Companies Act, 2013, the company is required to obtain prior approval of shareholder. Accordingly, the company has to make following compliances. Read More » 26/06/2023 No Comments
Others Loans or Deposits from Members or Shareholders | Companies Act, 2013- Part-2 Apart from Loans from Banks and NBFCs, companies do have options to borrow funds from shareholders or members. However, since funds are involved of the shareholders, therefore, company law contains detailed provisions related to loans and deposits from Member or shareholders. Companies are required to follow detailed procedure to obtain deposits and also are required to repay the same within committed time. Read More » 19/06/2023 No Comments