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Articles by RSJ LexComply

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Application & Allotment of DIN to a proposed Director of a company – Procedure Companies Act 2013

  RSJ LexComply   28 September 2016 at 11:43

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 existing director of a company, for the purpose of his identification as a direc ..

Posted in Corporate Law |   398 Views

Benami Transactions Amendment Act, 2016

  RSJ LexComply   13 September 2016 at 10:40

Earlier the benami transactions are defined as a �transaction where a property is held by or transferred to a person, but has been provided for or paid by another person�. This Act has amended this definition by to add other transactions ..

Posted in Corporate Law |   1318 Views

An Overview on Nidhi Companies under Companies Act 2013

  RSJ LexComply   07 September 2016 at 13:25

Meaning: As per section 406 of Companies Act 2013 ,�Nidhi� means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, ..

Posted in Corporate Law |   1181 Views

Altering Article of Association of a Company – Companies Act 2013

  RSJ LexComply   30 August 2016 at 10:28

Section 14(1) of the Companies Act, 2013 lays down that subject to the provisions of this Act and the conditions contained in its memorandum, if any, a company may, by a special resolution, alter its articles including alterations having the effect o ..

Posted in Corporate Law  1 comments |   1026 Views

Adherence to Regulatory Compliances

  RSJ LexComply   23 August 2016 at 17:28

There was a time when corporates used to consider compliance of laws as a burden, gone are the days, now corporates consider it as its responsibility. In the past, there was not proper guidance system, due to which corporates couldn�t comply wi ..

Posted in Corporate Law |   548 Views

Goods and Service Tax (GST) - A Win-Win Legislative Reform

  RSJ LexComply   17 August 2016 at 12:02

With the passage of �The Constitutional (122nd) Amendment Bill� in the upper house of the central legislature, we are ready to witness the biggest ever tax reform after independence. Though, still a long way to go but approval of upper ho ..

Posted in Corporate Law  1 comments |   758 Views