CS Karan Vij

  Transmission of Physical Shares under Companies Act, 2013   Introduction Transmission of shares is a crucial yet often overlooked concept in corporate law. It refers to the  devolution of ownership of shares by operation of law , rather than by a voluntary act of the shareholder. Unlike transfer of shares, which is executed through mutual agreement, transmission arises automatically in situations such as  death, insolvency, or succession . Upon transmission, the person entitled becomes the  registered shareholder , subject to compliance with company procedures. This article focuses specifically on the  transmission of shares held in physical form .   Legal Framework Transmission of shares is governed by the following provisions: · Sections  56, 58, and 88  of the Companies Act, 2013 · Rules  11 & 19  of Companies (Share Capital and Debentures) Rules, 2014 · Rule  5  of Companies (Management a...

  FRRO Compliance Forms: A Professional Guide for Foreign Nationals in India Introduction The Foreigners Regional Registration Office (FRRO) plays a crucial role in monitoring and regulating the stay of foreign nationals in India. Compliance with FRRO regulations is mandatory for specific visa categories and long-term stays. To streamline this process, the Government of India has introduced various FRRO compliance forms, which must be filled out accurately to avoid penalties or visa complications. 1. Importance of FRRO Compliance:- 📌 "Ensuring seamless legal stay in India through proper registration and documentation." 📌Foreign nationals staying in India beyond 180 days or those on specific visa categories such as Employment Visa, Student Visa, Medical Visa, etc., must register with FRRO within 14 days of arrival. Pakistani nationals are required to register within 24 hours, and Afghan nationals within 7 days. Failure to comply may result in fines, visa cancellation, or de...

🔐 What is 2FA (Two-Factor Authentication)? Why It’s Essential in Today’s Digital World In today’s fast-growing digital economy, where online transactions, UPI payments, and data sharing are part of everyday life, security is no longer optional — it is essential . One of the most effective ways to secure your accounts is through Two-Factor Authentication (2FA) .   📌 What is 2FA? Two-Factor Authentication (2FA) is a security process in which users provide two different authentication factors to verify their identity before accessing an account. 👉 In simple terms: It is a double-layer protection system for your online accounts.   🔑 How Does 2FA Work? 2FA works by combining two of the following three factors : 1. Something You Know Password PIN 2. Something You Have Mobile phone (OTP) Security token Authenticator apps 3. Something You Are Fingerprint Face recognition 👉 Example: When you log in to your bank account: ...