Companies Act

Director KYC

DIRECTOR KYC As per MCAs recent announcement, any director who was allotted a DIN by or on 31 March 2018 and whose DIN is in approved status, will have to submit his KYC details to the MCA. Further, this procedure is mandatory for the...

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Loan under Companies Act

Loan under Companies Act For accepting amount of money as Loans which are NOT Deposits, procedures have to be followed under the Companies Act 2013 as discussed further. Loans which can be accepted by any kind of companies by any of the...

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Indemnity Bond

INDEMNITY BOND Indemnity bond defines under section 124 of the Indian Contract Act. A contract by which one party promises to save the other from loss caused to him by the conduct of the promisor himself, or by the conduct of any other person, is...

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