Section 8 Company (NGO): Licence, 12A & 80G Registration Guide (2026) Quick Answer A Section 8 Company is a not-for-profit company registered under Section 8 of the Companies Act, 2013 for promoting commerce, art, science, sports, education, research, social welfare, religion, charity, protection of environment, or any other useful object. It operates like a regular […]
Category Archives: Company Law Compliance
Company Law
Nidhi Company Registration in India: Capital, Members & Compliance Guide (2026) Quick Answer A Nidhi Company is a type of Non-Banking Financial Company (NBFC) registered under Section 406 of the Companies Act, 2013, established for the purpose of cultivating the habit of thrift and savings amongst its members and receiving deposits from and lending to […]
Farmer Producer Company (FPC) Registration: Complete Guide Under Companies Act Part IXA (2026) Quick Answer A Farmer Producer Company (FPC) is a body corporate registered under Part IXA of the Companies Act, 2013 (Sections 378A to 378ZS), read with the Companies Act, 1956 provisions incorporated by reference. It enables groups of farmers, agriculturists, and primary […]
NBFC Registration with RBI: Capital Requirements, Net Owned Funds & Regulatory Compliance (2026) Quick Answer A Non-Banking Financial Company (NBFC) must be registered with the Reserve Bank of India (RBI) under Section 45-IA of the Reserve Bank of India Act, 1934 before commencing or carrying on the business of a non-banking financial institution. The minimum […]
Director Appointment, Resignation & Disqualification: Complete Guide Under the Companies Act, 2013 Featured Answer: Director appointment, resignation, and disqualification are governed by Sections 149, 152, 164, 167, and 168 of the Companies Act, 2013. A private limited company needs a minimum of 2 directors (Section 149(1)(a)); a public company needs a minimum of 3. Every […]
Company Winding Up & Strike Off: Complete Process Under the Companies Act, 2013 Featured Answer: A company in India can cease to exist through two primary routes — winding up under Sections 270-365 of the Companies Act, 2013 (through the NCLT) or voluntary strike off under Section 248 (using Form STK-2 on the MCA portal). […]
Related Party Transactions: Section 188 Compliance Guide Featured Answer: Related party transactions (RPTs) under Section 188 of the Companies Act, 2013 require prior Board approval (or shareholder approval if thresholds under Rule 15 are exceeded). For listed companies, SEBI LODR Regulation 23 imposes additional Audit Committee approval and shareholder approval for material RPTs. At Virtual […]
Private Placement Under Section 42: PAS-4 & PAS-3 Complete Guide Featured Answer: Private placement under Section 42 of the Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 allows a company to issue securities (equity shares, preference shares, or debentures) to a select group of not more […]
Post-Incorporation Compliance: The First 30 Days Checklist for Indian Companies (2026) Quick Answer After receiving your Certificate of Incorporation from the MCA, you must complete at least 12 mandatory compliance steps within 30 days — including opening a bank account, allotting shares (INC-20A/PAS-3), appointing auditor (ADT-1), obtaining GST registration if applicable, applying for MSME/Udyam registration, […]
Indian Subsidiary Registration for Foreign Companies: FEMA, FDI Policy & Companies Act Compliance (2026) Quick Answer A foreign company entering India typically sets up a wholly owned subsidiary (WOS) or a joint venture subsidiary as a Private Limited Company under the Companies Act, 2013. The investment is governed by the Foreign Exchange Management (Non-debt Instruments) […]