Articles by CS Divesh Goyal

Process to appointment of auditor under Company Act

CS Divesh Goyal 21 August 2014 at 11:56

It is inevitable that 'dynamic environment demands constant changes'. One of such change had been made in the Companies Act by notifying the Companies Act, 2013. In the present article we deal with the provisions of the 2013 dealing with the

Agenda for First Board Meeting of Private Limited Companies

CS Divesh Goyal 19 August 2014 at 11:18

As per New Company Law, gap between two board meetings cant exceed 120 Days. If last board meeting of company was held on 31st March 2014 then next board meeting can be held upto 28th July, 2014 (April 30 days + May 31 Days + June 30 days +Jul

Incorporation of a Company limited by shares

CS Divesh Goyal 18 August 2014 at 11:20

Moving from the Companies Act 1956 to the Companies Act 2013 is like shifting from your old house to a new one. In the old house, where you have stayed for years, everything would have found its own place the shoes, the clothes, umbrella, fir

Procedure & requirement of appointment of MD for private limited company

CS Divesh Goyal 16 August 2014 at 11:54

Appointment of Managing Director, Whole- Time Director OR Manager (Section: 196): This Section is applicable on Both Private as well as Public companies. Only this section of Chapter-XIII applicable on Private Companies. At the time of practical wor

Procedure to raise capital for unlisted companies under New Companies Act

CS Divesh Goyal 08 August 2014 at 11:03

1. PROCEDURE FOR ALLOTMENT OF RIGHT ISSUE OF SHARES: Call a Board meeting by issue notice of meeting. (Draft Format Attached) Approve right issue including letter of offer, which shall include right of renunciation also.(At

Related Party Transaction under Co. Act, 2013 (Sec- 184, 188 & 189)

CS Divesh Goyal 08 August 2014 at 11:00

Section: 184 Disclosures of Interest by Directors: (1) Every Director Shall disclose his by giving a Notice In Writing In Form MBP 1. - At First BM in which he participate as director AND- Thereafter, At First BM of Every Financial Year OR- Whenever,