Articles by CS Divesh Goyal

Incorporation of WOS Foreign Company

CS Divesh Goyal 03 July 2015 at 10:58

BACKGROUND:India is a preferred destination for investment from NRIs, Foreign Nationals and Foreign Companies due to its booming economy and wealth of resources. India is among the fastest growing economies in the world, slated for tremendous growth

Right issue of shares under Co. Act, 2013

CS Divesh Goyal 03 July 2015 at 10:35

BACKGROUND:As per Section 62(1) of the Companies act, 2013 if the Company decides to issue fresh shares, these should be offered to existing shareholders in proportion to existing persons who are holders of equity shares.�Right Issue� mea

Provisions of charge given under Co. Act, 2013

CS Divesh Goyal 27 June 2015 at 17:31

Definition of Charge: ― As per Section-2 (16) Charge means- An interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage; PROVISIONS OF CHARGE GIVEN UNDER CHAPTER VI OF COMP

Nidhi Company - Companies act, 2013

CS Divesh Goyal 25 June 2015 at 10:46

Section � 406 read with rules of Companies (Nidhi Companies) Rules, 2014 SECTION 406 OF COMPANIES ACT 2013 AND NIDHI RULE 2014 GOVERNED THE LAW AND PROCEDURE FOR NIDHI COMPANY. Nidhi� means a company which has been incorporated as a Nidhi

Advantages & disadvantages of OPC

CS Divesh Goyal 24 June 2015 at 11:07

�In order to succeed, we must first believe that we can."Till 31St March, 2014, if you wanted to set up a private company, you needed at least one other person because the law mandated a minimum of two shareholders. So, for the person wan

Process for conversion of company into OPC

CS Divesh Goyal 18 June 2015 at 10:47

This brief write up an attempt has been made to unlock the technicalities related to Conversion of Private Company into One Person Company prescribed under Companies Act, 2013. I believe that the procedure for Conversion of Private Limited Company in

Exemption to private limited company

CS Divesh Goyal 08 June 2015 at 11:26

Dear Professionals,MCA u/s 462 passed exemption for Private Companies under Companies Act, 2013 Provisions of companies act, 2013 given below will not apply or shall apply with such exceptions, modifications and adaptations, as specified below.Compan

Analysis on director report

CS Divesh Goyal 05 June 2015 at 10:43

It is mandatory for every company, to forward to its members, along with its annual Financial Statement the Board of Director�s report. Report of Board of Directors should be �ATTACHED� to the Balance Sheet laid before the AGMProvis

The Companies Amendment Act, 2015

CS Divesh Goyal 30 May 2015 at 11:15

New Delhi: The RAJYA SABHA on 13th May 2015 passed the Companies (Amendment) Bill, 2014, which provides for severe punishment for those raising illegal deposits from the public.The LOK SABHA in 2014 passed the Companies (Amendment) Bill, 2014, after

Secretarial standard on meetings of the board of directors

CS Divesh Goyal 27 May 2015 at 10:27

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 are applicable on Companies from 1st