Fast Track Exit (FTE) is one of the quick ways to shut down a company, when it is non-operational over a period of time. It gives an option to Defunct Companies to get their names struck off from the Register of Companies. In its place, under the Companies Act, 2013 has brought in a process […]

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About EPF: Companies in which twenty or more persons are employed are liable to register for allotment of the PF Code number with Regional Provident Fund Commissioner. The employees whose salary is less than Rs. 15000 are to be mandatorily enrolled under EPF. The employer shall deduct the employee’s contribution from his wages and within […]

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Companies Act, 2013, gives freedom to the Companies to do anything, which is legal and in the interest of stakeholders but with the approval of authority or by intimating authority in a manner as may be prescribed by the act. In Companies Act, 2013, section 89 is the only section which gives a way to […]

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With the issuance of revised model GST law, the countdown to implement much awaited Goods & Service Tax on 01.04.2017 has begun. It is required to recall here that on June 14th, this year, the aforesaid revised model was share for public feedback and now it is here with all the revisions based on the […]

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From its inception, information technology (IT) has been changing the way business is done. IT is changing the basis of business from labor and manual skills to knowledge management. The workplace has changed significantly over the last half-century due to information technologies, mainly due to automation of existing processes. Technology has become an inseparable part […]

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S. No. Point of Differences Right Issue (Equity Shares& Preference Shares) Private Placement (Securities) Preferential issue (Securities) 1. Definition When issue of equity/preferenceshares is made by an issuer to its existing equity shareholders in a ratio to the number of shares held as on the date of Board Meeting it is called a right issue. […]

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