The act of “winding up” or “liquidating” a company entails ending its operations, gathering its assets, and distributing those assets to shareholders and creditors in accordance with the Act. This process ends the company’s legal existence. It is also described as a process by which a company’s existence is terminated and its assets are managed …
One Person Company is newly added in the Companies Act 2013, earlier there was no concept of a one-person Company. The main aim was to promote the individual having the resources to form a company by reducing the complications and challenges faced while incorporation of a legal entity. It can be said as it is …
Concept of One Person Company(OPC) under Companies Act, 2013 Read More »
From this article, you will get to know about Form MBP 1 and Format of Form MBP 1 (Companies Act, 2013). Section 184 (1) of the Companies Act 2013 requires that every director to make disclosure of his interest or concern in any company or firm or body corporate or any association of individuals at …
Form MBP 1 and Format of Form MBP 1 (Companies Act) Read More »
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