What is One Person Company (OPC)?

In the recent past there is no registration for an individual who want to run a business as separate Legal Entity, due to this it is difficult for him to open Bank account and many other thing which is necessary to run a business, and it would be very difficult for other person for relying such type […]

Acceptance of Deposit as per New Companies Act,2013

ACCEPTANCE OF DEPOSIT BY COMPANIES UNDER COMPANIES ACT, 2013 Sections 73 to 76 of the Companies Act, 2013 regulate the invitation and acceptance of deposits from public by all companies other than the Non-Banking Financial Companies and such other company as the Central Government may, after consultation with the Reserve Bank of India, specify in this behalf.[…]

Related Party Transactions as Per Company Act, 2013

      MEANING OF RELATED PARTY TRANSACTIONS Specified Transaction1. Sale, Purchase or Supply of any goods or materials directly or through appointment of agents2. Selling or otherwise disposing of, or buying property of any kind directly or through appointment of agents3. Leasing of property of any kind4. Availing or Rendering of any services directly or through[…]