Advisory for compliance under the Companies Act - Canest

Canest > Advisory for compliance under the Companies Act


With the growing needs of modern business, collection of vast financial and legal knowledge become necessary to run a company. The company being an artificial person is clothed with many rights, obligation, powers and duties as prescribed under different laws.

The Ministry of Corporate Affairs (MCA) is a nodal authority, to govern and regulate all the Companies incorporated in India, which constantly strives to protect the interest of stakeholders by introducing and amending various provisions under Companies Act, 2013 (“Act”), from time to time, which in turn forces the company to be vigilant in there every action.

Advisory under Companies Act

We as Practicing Companies Secretaries, understands the intention of lawmaker and act as silken thread between company and MCA. In order to lighten the burden of corporate compliances, we give our expert advice and practical legal solutions to our clients under different provisions of the Act, such as, but not limited to the following:

  • Alteration of Memorandum & Articles of Association of the company;
  • Raising of funds through different ways such as:
  • Private Placement;
  • Employee Stock Option Scheme;
  • Sweat Equity Shares; or
  • Right issue; etc.
  • Advising on issue related to Related Party Transactions;
  • Dividend Related compliances;
  • Guiding on matters related to Corporate Social Responsibilities;
  • Buy – Back of shares;
  • Convening Shareholders meeting (AGM/EGM);
  • Understanding the legal aspect of Postal Ballot;
  • Advising the Board of Directors about their legal duties and obligation; and
  • Advising on other matters in connection with Companies Act, 2013.

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