When a new company is registered in India, one of the first legal tasks is to appoint a first auditor. Many beginners miss this step or get confused about who should appoint the auditor and within what time.In practice, this confusion usually comes up just after a company's incorporation, when promoters are busy opening bank accounts, issuing shares, or starting business … [Read more...] about Appointment of a Company’s First Auditor After Incorporation in India: A Beginner’s Guide
company law
Understanding Director Resignation under the Companies Act, 2013 (India)
Resigning as a director of an Indian company is not just a personal decision — it is also a legal process governed by the Companies Act, 2013. Many beginners assume that a director can simply “walk away,” but law requires specific steps, forms, and timelines to be followed.If these steps are ignored, both the company and the resigning director can face penalties or … [Read more...] about Understanding Director Resignation under the Companies Act, 2013 (India)
Auditor Resignation: Guide to Filing Form ADT-3 under the Companies Act, 2013
Auditor resignation may look like a simple professional decision, but under Indian company law, it is a serious legal compliance matter. Every company in India must have a statutory auditor, and when an auditor resigns, the law requires proper disclosure, filings, and timelines.For business owners, chartered accountants, and compliance professionals, understanding auditor … [Read more...] about Auditor Resignation: Guide to Filing Form ADT-3 under the Companies Act, 2013
How to Convert a Private Company into a Public Company: A Simple Step-by-Step Guide
If you're a business owner looking to grow and raise capital, converting your private limited company into a public limited company might be a smart move. This change opens up new opportunities for attracting investment, expanding your business, and increasing the liquidity of your shares. But how do you go about it? This guide will walk you through the process in a simple … [Read more...] about How to Convert a Private Company into a Public Company: A Simple Step-by-Step Guide
Understanding Company Obligations Regarding the Registered Office: A Simple Guide
When you start or run a business, there are certain legal rules you must follow to ensure your company is transparent, accountable, and trustworthy. One important rule is about the company’s registered office—the official address where your business is legally located.This guide will break down everything you need to know about your company's obligations regarding the … [Read more...] about Understanding Company Obligations Regarding the Registered Office: A Simple Guide