Articles by CS Divesh Goyal

Incorporation of one person company

CS Divesh Goyal 08 August 2015 at 11:15

“With the development of the practice, there will be more and more ‘exception’ phenomena which can’t be explained by the original thoughts or theories. Once these exceptions developed to such an extent that waved people’

Incorporation of Section (8) Company

CS Divesh Goyal 03 August 2015 at 10:35

INTRODUCTIONThe concept of non-profit making company is quite old in India. In erstwhile Companies Act, 1956 it was regulated by Section 25 and that is why it was popular as Section 25 Company. However in Companies Act 2013 provisions related to non-

Share Certificate

CS Divesh Goyal 31 July 2015 at 10:47

ABOUT SHARES:�Shares� As per Section 2(84) of Companies Act, 2013 Share means Share in the share capital of a Company and Include stocks.Share or Debentures are movable property transferable in Manner provided in the AOA of Company. (Sec

Loan from director

CS Divesh Goyal 29 July 2015 at 10:31

As per Rule 2 sub rule 1 clause vii of the Companies (Acceptance of Deposits) Rules, 2014�Any amount received from a person who, at the time of receipt of the amount, was director of the Company, will be out of preview of Deposits�.Condit

Secretarial standard -II under Co. Act, 2013

CS Divesh Goyal 27 July 2015 at 11:31

BACKGROUND:The Ministry of Corporate Affair (MCA) has issued circular Dated: 10th April, 2015 vide Letter No. 1/E/2014/CA/I and same has been notified in official Gazette on 23rd April, 2015. Secretarial standard has been applicable on Companies from

Annual works of LLP

CS Divesh Goyal 25 July 2015 at 17:29

Post incorporation requirements are obligations which LLP are supposed to fulfill subsequent to incorporation. These include filing of annual returns, change of Partners/ Designated Partners, alteration in Contribution, and change of registered offic

SH-4: Procedure for transfer of shares

CS Divesh Goyal 25 July 2015 at 17:28

Free transferability of share is one essential condition for Company form of business, subject to some restrictions under private companies. New Act, deals with substantially.Statutory provisions related to transfer of share one should refer the foll

Loan to Director (185)

CS Divesh Goyal 23 July 2015 at 10:16

As per Section 185: No Company ( Private & Public)� Directly or Indirectrly� Advance any loan, including book debt,� to any of its directors or to any **other person in whom the director is interested� Any guarantee or

Stamp duty on issue of share certificates

CS Divesh Goyal 08 July 2015 at 10:32

BACKROUND:As per Section 3 of Indian Stamps Act 1899, Every Share Certificate must bear the necessary stamp duty as per the Stamp Act of the respective State/ Union Territory from which Certificate is issued. The rates of stamp duty can be obtained w

Foreign company compliances

CS Divesh Goyal 06 July 2015 at 10:32

As Per Section 2 (42) Foreign company is a company or body corporate incorporated outside India which(a) has a place of business in India whether by itself or through an agent, physically or through electronic mode; and(b) conduct any business