Forums
Sec 8 co
Corporate & Other Laws
answered on 16-May-22 21:30
Wen sec 8 company violates.. The central gov may revoke tge license and 1.amalgamate wid other sec 8 co. 2. Wind off 3. Can change the sec 8 co. To pvt ot public co..? My doubt is 3rd one crct.
latest answer
Yes voluntary conversion is possible. But in case of violation and revocation of license it is the givt who does that.
Shru Kanda
CA Inter
★ 610
10
686
Incorporation of a company
Corporate & Other Laws
answered on 12-Aug-25 16:17
Ehats the difference between incorporation of company and effect of registration (registration of a company)
latest answer
Incorporation typically refers to the process of forming a company and getting it recognized as a separate legal entity by the Registrar of Companies (RoC) in India. Key Points: Governed by Section 3 to 7 of the Companies Act, 2013. Incorporation of a company Involves steps like: Selecting Company Name Drafting and filing Memorandum (MoA) & Articles of Association (AoA) Filing Incorporation forms (SPICe+, AGILE-PRO, etc.) Appointment of Directors Obtaining Certificate of Incorporation (COI) Outcome: Once the Registrar is satisfied with the submitted documents and provided information, the company is incorporated and a Certificate of Incorporation is issued. Effect of Registration (Section 9 of Companies Act, 2013) Definition: This refers to the legal consequences that follow once a company is incorporated and registered. Key Effects: The company becomes a corporate body. It acquires a separate legal identity from its members. It has perpetual succession. It can own property, enter into contracts, and sue or be sued in its own name. The Memorandum and Articles become binding contracts between the company and its members. In short, this is where the legal personality of the company begins. If you need more clarity on incorporation and effect of registration of a company in India, many experts i.e. Setindiabiz, are there to guide you! Hope it was helpful!
Shru Kanda
CA Inter
★ 610
3
525
Negotiable Instruments Act, 1881
Corporate & Other Laws
answered on 16-May-22 20:55
If blank cheque is crossed as A/C payee cheque then will it lead to material alteration?
latest answer
Yes
Harsh Mittal
CA Final
★ 1K+
2
529
Quorum...sec 103
Corporate & Other Laws
answered on 17-May-22 11:08
I'm not able to understand the answer 1)whether meeting was properly held or not? 2)Will agenda 1-3 pass....I.e will it properly pass
latest answer
(1) Properly held (2) Properly passed
Gauri Shete
CA Final
★ 5K+
2
534
GST APPLICABLE OR NOT
Indirect Taxation
answered on 16-May-22 20:01
Mr.X (Doctor) provides donation to Temple. Temple states Donated by Mr.A along with his hospital details In this case GST is applicable right?
latest answer
Thanks :)
Swetha S
CA Inter
★ 15K+
4
582
agency
Corporate & Other Laws
answered on 16-May-22 21:32
Is there a agency relationship between 1) employee and employer 2) servant and master since any act done by employee or servant also binds the employer and master respectively so will it create agency as in the case of principal and agent?
latest answer
ok understood Thank You :)
Vaibhav Gupta
CA Final
★ 18K+
3
557
Acceptance of Deposits
Corporate & Other Laws
answered on 16-May-22 23:44
On 30th june Paid up shares capital of â?¹65lac,Free Reseve -â?¹10lac,Share premium -â?¹20 lack,Deposits of â?¹25 lac,replayble in the current F.Y During in the month of Sept 2017.In July 2017 ,the company was in need of some short term funds to the tune of â?¹20lac-6Months.the max amt which the company may hold as deposit together with existing deposits will be---------??????? Can any one explain it ?????!!!!!!!
latest answer
Thankyou mam for ur quick response :)
Jayashree S
CA Inter
★ 2K+
3
594
Audit and Auditors
Corporate & Other Laws
answered on 16-May-22 19:59
Here prejudicial means favour or adverse ?
latest answer
Adverse
Balaji R
CA Final
★ 20K+
4
491
GCA
Corporate & Other Laws
answered on 16-May-22 18:27
Can someone pls explain me the concept of repeal in brief
latest answer
Thanks:)
Be The Change
CA Inter
★ 11K+
4
581
Partnership Act
Corporate & Other Laws
answered on 16-May-22 17:59
Is section 19(2) are the exceptions where implied authority of partner doesn't bind the firm. Also explain this example 5
latest answer
Yes , Sec 19(2) clearly states that the "Implied authority of a partner DOS NOT EMPOWER HIM to ....." These are the exceptions and beyond the scope of the implied authority of the partners. Example 5 - Here X , without the authority has borrowed and executed a promissory note which does not bind the firm as it's not part of ordinary business to borrow and execute negotiable instruments. The partner can execute , but he is personally liable for it. This is for the ordinary business. But for the commercial business (or) special business the partner can borrow and execute the negotiable instrument on behalf of the firm which binds the firm. So the underlying concept is that the THE IMPLIED AUTHORITY OF THE PARTNER MAY DIFFER IN DIFFERENT KINDS OF BUSINESS. Hope I made some sense.
Sugam SM
CA Final
★ 9K+
1
691