Introduction In order to survive in the current economic environment, expansion and up-gradation are the two critical tools for any business. Every company wants to grow its business, divert to add more business, enter into untapped markets and gain specialization. There are many ways by which a company can expand its business such as taking […]
Reduction of share capital is a process to lower down/reducing the share capital of a company. It means reducing the issued, subscribed and paid-up share capital of the company. Separate provisions and procedure for have been envisaged under the Companies Act, 2013 and rules made thereunder for reduction of share capital. Section 66 of the […]
A company registered under the Companies Act, 2013 is required to have a registered office in India. It is required to keep all books of accounts, other relevant books, papers and financial statements at the registered office of the company. However, it is not necessary to keep the books at the registered office only. The […]
If you are a director or a promoter of a company registered in India, you must have heard about the Director’s report. In this article, we shall discuss the meaning, legal requirements, contents and format of a valid Director’s report. MEANING OF A DIRECTORS’ REPORT: Directors’ report is a document which includes the details about […]