"27 April 2015" Archive

Certificate of Practice and related Provisions for Company Secretaries

 CS Divesh Goyal Dear Professional Colleagues I am writing this article for the Members of Institute of Company Secretary of India. Information’s mentioned in this article taken from the Website of ICSI. GRANT OF CERTIFICATE OF PRACTICE WHO CAN BE PRACTICING COMPANY SECRETARY “PCS”?  A member of the Institute of Company Secretary ...

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Posted Under: Company Law |

Investment/Loan/Guarantees/Security Under Companies Act, 2013

Q1. Whether investment can be made in the name other than Company? No, Investment can’t be made in the name other than Company until compliance with the provisions of Section- 187 of Companies Act, 2013....

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Posted Under: Company Law |

Holding & Subsidiary Company- Provisions under CA, 2013

Many relaxations to private Company are not available to subsidiary of public Company. Many relaxations available to a private company are not applicable if that private company is subsidiary of another public Company. Thus, for all practical purpose, the private company is treated as a Public Company....

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Posted Under: Company Law |

Form and Returns to be filed by LLP with ROC and Income Tax Department

Post incorporation requirements are obligations which LLP are supposed to fulfill subsequent to incorporation. These include filing of annual returns, change of Partners/ Designated Partners, alteration in Contribution, and change of registered office. ...

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Posted Under: Company Law |

Provisional Empanelment status of CA firms/LLPs with C&AG for year 2015-2016

Hosting of provisional Empanelment status of Chartered Accountant firms/LLPs with the O/o C&AG for the year 2015-2016...

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Posted Under: Company Law |

AP Industrial Policy-2015-20 proposes to Clear licenses for setting up business in 21 clear days

NA 27/04/2015

Time taken to obtain all clearances to set up industry is core to measuring the ease of doing business. The Single Desk Policy aims to create a conducive ecosystem to provide all clearances required to setup industry within 21 working days. This shall be achieved by adopting following measures:...

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Grant of Registration under DVAT & CST simplified

3 of 2015-16, 27/04/2015

With the upgradation of technology, department is considering to expedite the registration process in the shortest possible time. Government of India is also pressing hard to accelerate the registration process under ‘Ease of Doing Business’ Campaign. It has now been decided to issue registration as per following procedure:-...

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Delhi VAT- Filing of online return for 4th quarter of 2014-15 – extension of period thereof

2 of 2015-16 27/04/2015

Hereby extend last date of filing of online/hard copy of fourth quarter return for year 2014-15, in Form DVAT-16 ,DVAT-17 and DVAT-48 along with required annexure/enclosures to 15/05/2015. ...

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Process for Incorporation of LLP under Companies Act, 2013

Limited Liability Partnerships (LLPs) are commercial vehicles which combine the features of partnership and company form of business .The concept of Limited Liability Partnership (LLP) has been introduced in India by way of Limited Liability Partnership Act, 2008 (notified on 31st March 2008)....

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Posted Under: Company Law |

Initial validity of Industrial License for Defence Sector revised to 7 years

Press Note No. 5 (2015 series) 27/04/2015

Press Note No. 5 (2015 series), Dated 27th April, 2015 Initial validity of Industrial License for Defence Sector is being revised to seven years, further extendable upto three years for existing as well as future Licenses. This is being done as a measure to further promote ease of doing business, in view of the long gestation period of D...

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