Offences relating to registration registry and register

Offences relating to registration registry and register

False image of a trademark as registered is an offence under section 107 punishable with imprisonment fine or both. The following various types of false representations are objectionable : (a) To form a trademark which is not registered to the effect that it is a registered trademark. (b) To be a part of a registered trademark which is not severally registered to the effect that […]

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Do you wish to appoint independent directors ?

Do you wish to appoint independent directors ?

Your company wants to appoint an minimum of two independent directors in the following cases : (a) listed public company (b) unlisted public company (i) a paid up capital of Rs 10 crores or more (ii) turnover of Rs 100 crores or more (iii) outstanding loans of an amount in aggregate exceeding Rs.50 crores. If your company require an audit committee as per section 177 […]

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Do you wish to apply for credit rating ?

Do you wish to apply for credit rating ?

1. Check whether your company is likely to issue one or any combination of the following : (a) commercial paper (b) fixed deposit (c) non-convertible debentures (d) preference shares (e) fully convertible debentures to be converted before eighteen months of the issue. (f) partly convertible debentures maturing before eighteen months of the issue. (g) bonds 2. If yes, then make an application to one of […]

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Do you wish to give loans to your directors ?

Do you wish to give loans to your directors ?

The following persons/entities come under the category of persons in whom a director is interested. (i) any director of the modified company orĀ  any partner of a company or which is its holding company or relative of any such director. (ii) any firm in which any such director or relative is a partner. (iii) any private limited company of which any such director is a […]

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