COMPANY LAW: Surrender of DIN- Procedure and Relevant Formats Article explains Procedure for SURRENDER OF DIRECTOR IDENTIFICATION NUMBER (DIN) along with relevant Rules and Provisions of Companies Act, 2013. Article also explains How a person can surrender his extra DIN, if he has multiple of DIN, Procedure for Filling of Compounding Application with the Regional Read More →

COMPANY LAW: Auditor Certificate For DPT – 3 Ministry of Corporate Affairs (MCA) vide its notification dated 22.01.2019 has notified amendment in the Companies (Acceptance of Deposits) Rules 2014 and a new sub–rule 16A(3) was inserted which read as follows: “Every company other than Government company shall file a onetime return of outstanding receipt of Read More →

COMPANY LAW: What Is an Employee Stock Ownership Plan (ESOP)? An ESOP is an employee benefit plan that gives workers ownership interest in the company that is floated by the Company to encourage the employee ownership in the Company. ESOPs give the Employer Company, the selling shareholder, and participants receive various benefits like tax benefits, Read More →