Eligibility, Qualifications and Registration of Valuers of the Company

Eligibility for registered Valuers A person shall be eligible to be a registered valuer if he- is a valuer member of a registered Valuers organization; Explanation- For the purposes of this clause, “a valuer member” is a member of a registered Valuers organization who possesses the requisite educational qualifications and experience for being registered as a valuer;  is recommended by […]

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Why entrepreneur choose One Person Company (OPC) Registration

One Person Company – A short description One Person Company is a type of company registration and provides more and more benefits to the entrepreneur. This concept was newly enacted and get popular among the entrepreneurs who starts their business in stating stage. The companies Act, 1956 cannot have the one person company concept. The Companies (Amendment) Act, 2013 introduced […]

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Companies Second Amendment Rules, 2018 – One Person Company Registration

Short title and Commencement of Companies Amendment Act These rules may be called the Companies (Authorized to Register) Second Amendment Rules, 2018. They shall come into force with effect from 15th August 2018. In the Companies (Authorized to Register) rules, 2014 (hereinafter referred to as the said rules), in rule 2, in sub-rule (1), after clause (g), the following clauses […]

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Acceptance of Public deposits – One Person Company Registration

Introduction Non-banking Financial Companies Acceptance of Public Deposits (Reserve Bank) Directions, 2016 were issued by the Reserve Bank of India in the year 2016 with effect from 25th August, 2016 for the purpose of enabling it to regulate the credit system to the advantage of the country. These directions were issued in supersession of the earlier directions in Notification No. […]

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All about Director Identification Number (DIN) of Director of a Company

Introduction Director Identification Number (DIN) means an identification number allotted by the Central Government to any individual, intending to be appointed as director or to any exiting director of a company, for the purpose of his identification as a director of a company: Provided that the Director Identification Number (DIN) obtained by the individuals prior to the notification of these […]

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Buy-back shares of other Securities of the Company

Buy-back shares of other Securities of the Company Unless stated otherwise, the following norms shall be complied with by the private companies and unlisted public companies for buy-back of their securities and shares. In One Person Company, no need of the buy-back shares why because; there is no need of the shareholders. The director itself can maintain the share capital, […]

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Corporate Social Responsibility of a Company – One Person Company Registration

Corporate Social Responsibility of a Company In exercise of the powers conferred under section 135 and sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules and mentions Corporate Social Responsibility of a Company, namely:- Short title and Commencement These rules may be called the companies (Corporate […]

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Shifting of registered office of the company – One Person Company Registration

Shifting of registered office from One State or Union Territory to another State An application under sub-section (4) of section 13, for the purpose of seeking approval for alteration of memorandum with regard to the change of place of the registered office from one State Government or Union territory to another, shall be filed with the Central Government in Form […]

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Removal of Names of Companies from the Register of Companies

In exercise of the powers conferred by sub-sections (1),(2) and (4) of section 248 read with section 469 of the Companies Act, 2013 (18 of 2013) and in supersession of the Companies  (Central Government) General Rules and Forms, 1956 except as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules. […]

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Companies (Miscellaneous) Rules, 2014 – One Person Company Registration

In exercise of the powers conferred under section 455, sub-section (2) of section 459 and sub-section (1) of section 464 read with section 469 of the Companies Act, 2013, and in super-session of the Companies Act, 2013 , and in super-session of the Companies (Central Government’s) General Rules and Forms, 1956 or any other rule prescribed under the Companies Act, […]

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