Preparation and Maintenance of Statutory Registers Under Companies Act

 

The statutory registers can be described as the registers that contain the specific and confidential records of the company shareholders, directors, loans and guarantees, etc. They are required to be placed under the Registered Office of the company. Provided that, such registers or copies of return may also be kept at any other place in India in which more than one-tenth of the total number of members entered in the register of members reside if approved by a special resolution passed at a general meeting of the company.

Expert and Efficient Education Law Services by Top Education Lawyers

 Educational institutes often face legal complexities that range from day-to-day personnel and operating concerns to complex regulation and litigation matters. To deal with legal complexities related to education, there are certain procedures and policies, which only professional education lawyers can handle. Education lawyers of Indian law firms are highly professional and well-versed with legal intricacies related to education and rapidly changing legal issues faced by educational institutes.

Legal Procedure in India to Change the Directors in a Company

 

Directors play a crucial role in the functioning of companies, due to their analytical skills, farsighted decision, and business strategies, a company establishes its positive identity, reputation, and achieve growth in the market. Therefore, it will not exaggeration directors are the brain of organizations. Generally, organizations rotate directors in two ways; either appointing a new director or resignation of existing. The Board of Directors approves the resignation of the director whereas the appointment must be made through the consent of shareholders. Whether appointment, resignation, or removal of directors, the change does not take effect until the intimation is made to the Ministry of Corporate Affairs, Government of India.