“Winding Up” in Company Law
LLP Agreement - Essential Clauses to be included
What is the LLP Agreement? Section 2(1)(O) of the Limited Liability Partnership Act, 2008 defines it as under: “LLP Agreements mean any written agreement between the partners of the Limited...
Establishment of Branch Office of Foreign Company
Legal forms in which a foreign company can set up its establishment in India? Branch Office Liaison Office Project Office Corporate Entity which could be wholly or partly owned by the foreign...
Benefits to Incorporate an LLP in India for MSME's
If you have chosen LLP for running your business? But don’t know what the actual benefits of forming LLP in India are. First of all, let’s understand in detail important things about LLP. LLP means...
Companies Act 2013 Complete Overview: Structure, Key Provisions and 2024 Amendments
Comprehensive overview of the Companies Act 2013. Covers its 29 chapters, 470 sections, key compliance requirements, landmark provisions, and important 2024-25 amendments.
NCLT: National Company Law Tribunal — Jurisdiction, Powers and Key Cases
Guide to NCLT jurisdiction and powers under Companies Act 2013. Covers NCLT powers for mergers, oppression, IBC proceedings, class action suits, and NCLAT appeals.
Conversion of a Public Company into a Private Limited in Seven Easy Steps
Conversion of the status of the company from public to private would become effective form the date of receipt of the approval of the Registrar by means of issuing a new certificate of Incorporation.
Company Charges: Registration, Satisfaction and Modification Under Section 77-87
Companies must register charges (mortgage, hypothecation, pledge) on their assets with the ROC within 30 days under Section 77. Learn the process for registration, modification, and satisfaction of charges.
DPIIT-Recognised Start-ups: Company Law Relaxations
Four company law relaxations a DPIIT-recognised startup gets - ESOPs to promoters, deposits from members, convertible notes and half penalties - and everything it...
Entrenchment Provisions in the Articles of Association
An entrenched article is harder to change than a special resolution allows - the cleanest minority protection there is. Why to do it at incorporation, and why a...
Strike Off of a Company: Process
Strike off is a simple, low-cost way to close a defunct company by removing its name from the register of companies, using Form STK-2.
Winding Up of a Company Under Companies Act 2013: Voluntary and Compulsory
Winding up a company under the Companies Act 2013 can be by NCLT order (compulsory) or voluntarily. Learn the grounds, process, liquidator appointment, and the difference from IBC liquidation and strike off.
Preference Shares Under Rule 9: Special Resolution, Resolution Particulars, Explanatory Statement and Redemption
A company having a share capital may issue preference shares only if its articles authorise it, a special resolution is passed in general meeting, and there is no subsisting default in redeeming earlier preference shares or paying dividend due on them (rule 9(1)). The resolution must set out seven...
Section 8 Companies Under Merger, Alteration and Winding Up
They may merge only with each other, need Central Government approval before altering their articles, and on winding up their surplus never reaches the members.