Issue of Sweat Equity Shares as per Companies Act, 2013

Issue of Sweat Equity Shares as per Companies Act, 2013

Companies issuing sweat equity shares need to comply with provisions of section 54 of the Companies Act 2013 and rules made thereunder

Ordinary Resolution

Ordinary Resolution

As per section 114(1) of Companies Act 2013, A resolution shall be an ordinary resolution if the votes cast in favour of the resolution exceed the votes cast against it

Board resolution for opening bank account

Board resolution for opening bank account

RBI KYC norms provide a list of documents mandatory to open a bank account in India. Draft of Board resolution for opening a current bank account

Buyback of shares under Companies Act 2013

Buyback of shares under Companies Act 2013

Section 68 of Companies Act, 2013 governs the provisions of buyback of shares in India. Buyback can be made out of free reserves..

Issue of Bonus Shares under Companies Act 2013

Issue of Bonus Shares under Companies Act 2013

Bonus issue means an issue of additional shares at no cost to current shareholders. Issue of bonus shares is governed by section 63 of the companies act 2013.

FAQs on LLP E Filing - MCA portal

FAQs on LLP E Filing - MCA portal

The first step to register Limited liability partnership is reservation of name of LLP. eForm 1 has to file for ascertaining availability of name of a LLP business.

DIN Identification Number

DIN Identification Number

DIN is an 8-digit unique identification number allotted to an individual who is appointed as a director of a company. Steps to apply Director Identification Number

Board Resolution for closure of bank account

Board Resolution for closure of bank account

Where Company's management thinks it is necessary to close the current bank account of a company then a resolution would be passed in the Board meeting

Board Resolution for Appointment of Additional Director

Board Resolution for Appointment of Additional Director

Section 161 prescribes the provisions of appointment of Additional Director. Additional Director can be appointed by passing a resolution in the Board meeting or by Circulation

Draft of Board Resolution for recommending Bonus Issue

Draft of Board Resolution for recommending Bonus Issue

Issue of bonus shares must be recommended by Board in meeting. Here is a format of Board resolution for bonus issue.