Held by Office of Registrar of Companies, Mumbai In the matter of M/s Arrow Electronics India Private Limited Summary M/s Arrow Electronics India Private Limited (“The Company”) failed to file its Annual return for FY 2018-19, 2019-20, 2020-21 and 2021-22 in accordance with Section 92(4) of the Companies Act. The Company filed an application for […]

Held by Office of the Registrar of Companies, Puducherry In the matter of M/s Siva Valli Vilas Jewellers Private Limited M/s Siva Valli Vilas Jewellers Private Limited (“The Company”) is having registered office in the state of Pondicherry. The Company was having paid up share capital of INR 20.42 crores. The Company appointed a whole […]

M/s Shinago International (India) Private Limited (“The Company”) has obtained a car loans and disclosed the same in Financial statement of FY 2017-18. However, on investigation it was found that the company failed to file the Form CHG-1 for registration of charges. As per Section 77 of Companies Act, 2013, every company is required to register charge within 30 days of its creation.

Whereas, as per Financial statements filed by the company vide AOC-4 for FY 2022-23, the company mentioned that with respect to 1 share of the company, LinkedIn Technology Unlimited Company, a company incorporated under the laws of Ireland is a nominee shareholder.

As per Section 29(1A) of Companies Act read with Rule 9A of The Companies (Prospectus and Allotment of Securities) Rules, 2014, every unlisted public company shall ensure that before issuance of any securities entire holding of securities of its promoters, directors, key managerial personnel has been dematerialised in accordance with provisions of the Depositories Act 1996. Further, every shareholder of an unlisted public company is required to dematerialise its securities before transfer, if such transfer is made on or after 2nd October, 2018.

Indian startups have grown and innovated, becoming a dynamic force. As of March 2022, India’s startup scene has over 65,000 active members after 1,300 tech enterprises joined. The third-largest unicorn hotspot in the world is India, indicating its strong startup culture and huge economic potential. In this guide, we’ll try to understand how to start […]

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.

Globalization and liberation has considerably enhanced the business between India and other countries across the globe. Considering the availability of resources in India, Foreign Companies and other foreign entities are eager to invest their funds in Indian Entities through different routes.

Dematerialisation of shares is the process of converting physical shares and securities into digital or electronic form. Concept of dematerialisation of shares is so far applicable for public Listed companies only wherein shares are held in Demat account of the shareholder and no physical copy of shares is required to be held.

M/s First Data (India) Private Limited (“The Company”) filed a suo-moto application for adjudication of violation of the provisions of Section 203 of the Companies Act, 2013.