Cancellation or Surrender of Director Identification Number
Director Identification Number (DIN) means an identification number allotted by the Central Government to any individual, intending to be appointed as director or to any existing director of a company, for the purpose of his identification as a director of a company. Provided that the Director Identification Number (DIN) obtained by the individuals prior to the notification of these rules shall be the DIN for the purpose of the Companies Act, 2013.
Cost Auditor
This legal document provides a comprehensive guide to the appointment of cost auditors and the procedure for filling casual vacancies as prescribed under Section 148 of the Companies Act, 2013 (the Act) and Rule 6 of the Companies (Cost Records and Audit) Rules, 2014 (the Rules).
Private Placement under the Companies Act, 2013
Private placement is a regulated mechanism under the Companies Act, 2013 that enables companies to raise capital from a select group of identified persons without making a public offer. Given its selective and non-public nature, the law imposes stringent procedural, disclosure, and filing requirements to ensure transparency, investor protection, regulatory oversight, and audit traceability.
Registers to be maintained under the Companies Act, 2013
The Companies Act, 2013 lays down a comprehensive framework for corporate governance, transparency, and accountability in India. One of the key mechanisms through which these objectives are achieved is the mandatory maintenance of statutory registers by companies
Disqualifications for Appointment of Director (DIR-9)
The appointment of directors is a matter of paramount importance in corporate governance, as directors bear fiduciary responsibilities towards the company and its stakeholders. The legislative framework has established certain disqualifications to prevent individuals with questionable backgrounds, financial irregularities, or legal impediments from occupying such positions of trust and responsibility.
CHG Forms under the Companies Act, 2013
Under the Companies Act, CHG forms are used for reporting the creation, modification, and satisfaction of charges over a company’s assets provided as security to lenders. The requirement arises from Sections 77 to 87 of the Companies Act, 2013, which mandate companies to register such charges with the Registrar of Companies to ensure transparency and creditor protection.
Compliance Requirements for Conducting Board Meetings
Under Section 173 (1) of the Companies Act, 2013, every company shall hold the first meeting of the Board of Directors within thirty days of the date of its incorporation and thereafter hold a minimum number of four meetings of its Board of Directors every year in such a manner that not more than one hundred and twenty days shall intervene between two consecutive meetings of the Board.
Key Compliances under Limited Liability Partnership (LLP) Act, 2008
The Limited Liability Partnership (LLP) Act, 2008, read together with the LLP Rules, was introduced to provide a hybrid business structure that combines the flexibility of a partnership with the limited liability of a corporate entity.
Corporate Social Responsibility under Section 135 of Companies Act, 2013
In today’s interconnected world, corporations operate within increasingly complex social, environmental, and economic ecosystems. The expectation that businesses serve merely as profit-generating machines has evolved significantly.
Nomination and Remuneration Committee and Stakeholders Relationship Committee
Section 178 of the Companies Act, 2013 was introduced to strengthen the corporate governance framework by ensuring transparency in the appointment of directors, senior managerial personnel, and the determination of their remuneration. The section mandates the constitution of the Nomination and Remuneration Committee (NRC) for listed and certain prescribed companies to maintain merit-based and performance-linked evaluation practices.