Category

Corporate Secretarial
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Any change in the registered office of a company requires prior approval from the Ministry of Corporate Affairs (MCA).  The process for change of registered office of a Company is stated below:  Change of Registered Office within the same City    Convene Board Meeting and pass a simple Board Resolution for change of registered office  File...
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What is the doctrine of Indoor Management  The doctrine of Indoor Management states that any outsider who has entered into a transaction with a company can presume that there are no internal regularities and that all procedural requirements have been complied with by the company. It is also known as Turquand’s Rule.  What are the...
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What is the doctrine of Ultra Vires Ultra vires is a Latin phrase which means ‘beyond the powers of’. The doctrine of ultra vires means that a Company cannot act beyond the powers which are conferred to it. The Memorandum of Association states the objects which can be undertaken by a Company. The Articles of...
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What is a Limited Liability Partnership A Limited Liability Partnership (LLP) is a type of a legal entity in India which has the characteristics of both a partnership firm and company. It is a body corporate having perpetual succession and a separate legal entity distinct from its partners. The liability of each partner is limited....
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