Agenda: Items of business to be covered in the First Board Meeting of any Company

On receiving the Certificate of Incorporation of the Company, the first Board Meeting should be held within 30 days to be calculated from the date of incorporation......

The WWH of a Company’s Nameplate – Where, What and How

The Companies Act 2013 (the Act), has prescribed in detail the nuances of a Company’s Nameplate. Broadly described, these are covered under 3 major categories: Where, What and How....

Company letterhead - Content is as Important as Design

We spend so much time designing our Company’s letterhead: the logo, the colors, the elements, design, paper quality, so on so forth. that, we often forget the ‘content’ that should be in the letterhead........

Should a Company opt for a Common Seal?

Common Seal has not been defined anywhere in the Companies Act, 2013 nor was it defined in the erstwhile Companies Act, 1956.

But through....

Board Meeting Notice- Dos and Don'ts

Written not oral

Notice of a Board Meeting has to be given in writing. It cannot be oral.....

To whom and How...

What is the process to call a Board Meeting?

All the Directors of the Company together form the Board of Directors of the Company. The Company is run by this Board of Directors. All decisions are taken by passing .....

What should be the 1st financial year of a newly incorporated Company?

“Financial Year"

For any company or body corporate: 
means the period ending on the 31st day of March every year.....

When to hold a Company’s Annual General Meeting (AGM)

Every Company, other than a One Person Company (OPC) has to hold an Annual General Meeting (AGM).

The calculation of the date to hold an AGM is like a puzzle........

Did you know that if you pay a salary to even one individual, you need Professional Tax Registration

The term 'Professional Tax' may be one of those that does not fully reflect the true sense of the term. Contrary to what the name implies, it is not a levy imposed only on professionals. It is a levy on all occupations, industries, and jobs that is charged depending on the wages earned by such occupation, trade, or employment. It is imposed on workers and others doing business in the state. It is levied on employees, a person carrying on the business including freelancers, professionals, etc., subject to income exceeding..........

Trade License- Why is it needed?

A trade license is a document/certificate that gives the permission to the applicant (person seeking to open a business) to commence a particular trade or business in a particular area/location. However, the license does not allow ......