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Archive: 08 May 2020

Posts in 08 May 2020

SC directs income tax dept to refund Rs. 733 Crores to Vodafone

May 8, 2020 1089 Views 0 comment Print

Supreme Court directs income tax dept to refund Rs. 733 Crores to Vodafone within four weeks.

Detention, seizure & release of goods & conveyances in transit under GST

May 8, 2020 5787 Views 0 comment Print

Section 129 CGST ACT, 2017 Detention, seizure and release of goods and conveyances in transit (1) Notwithstanding anything contained in this Act, where any person transports any goods or stores any goods while they are in transit in contravention of the provisions of this Act or the rules made thereunder, all such goods and conveyance […]

MCA Compliance Calendar for Year 2020-21 for Companies & LLP

May 8, 2020 68193 Views 1 comment Print

MCA Compliance Calendar for the Year 2020-2021 For Private Limited Companies, Public Limited Companies & For Limited Liability Partnerships (LLPs) containing  charts for Half Yearly Compliances of Private & Public Limited Companies, Yearly Compliances of Private & Public Limited Companies, Compliances to Newly Incorporated Companies and Chart for Yearly Compliances For Limited Liability Partnerships. ♦ […]

Preferential Allotment & its Procedure under Companies Act, 2013

May 8, 2020 67632 Views 0 comment Print

As per my last article on the topic of fund raising by company, in which I discussed various methods or ways in which a company can raise funds, we will discuss one the most prevalent way of raising fund i.e. through preferential allotment of securities under the Companies Act, 2013. We all are already aware […]

DIR 3 KYC Form | Updation of Director KYC on MCA for FY 19-20

May 8, 2020 18360 Views 0 comment Print

Director identification number (DIN) refers to a unique identification number of 8 digits allotted to an individual who is willing to become a director or is an existing director of a company. MCA vide amendment of Companies (Appointment and Qualification of Directors) Rules, 2014 came with a new initiative of updation of KYC of directors […]

Annual general meaning through video conferencing

May 8, 2020 1065 Views 0 comment Print

MCA vide circular dated 05th May, 2020 allowed the Companies to conduct their AGM through video conferencing during the calendar year 2020 (up to 31st December, 2020), subject to the fulfillment of the following requirements: A. For companies which are required to provide the facility of e-voting under the Act, or any other company which […]

Conducting EGM through VC and OAVM

May 8, 2020 1086 Views 0 comment Print

Conducting General Meetings through Video Conferencing (VC) or Other Audio Visual Means (OAVM) – MCA General Circular No. 14/2020 dated 08.04.2020 Background We all are aware that there is no provision under the Companies Act, 2013 (“the Act”) regarding holding of General Meetings through Video Conferencing (VC) or Other Audio Visual Means (OAVM). Keeping in […]

Incorporation and Post Incorporation Compliance in Section 8 Company

May 8, 2020 9240 Views 0 comment Print

Section 8 Company Section 8 Company is a legal entity that promotes commerce, art, science, sports, education, research, social welfare, religion, charity, environmental protection, and the likes of it. Though similar to Trusts or Societies, a Section 8 Company is registered under the Ministry of Corporate Affairs for charitable / not-for-profit purposes and administered through […]

AGM/EGM through Video Conference or OAVM

May 8, 2020 3546 Views 0 comment Print

Current situation created due to COVID-19 doesn’t allow stepping out and public gathering; therefore MCA has allowed conducting shareholders’ Meeting (AGM and EGM) through VC or OAVM.

COVID 19 Impact On Newspaper Industry

May 8, 2020 9648 Views 0 comment Print

FACTS ABOUT INDIAN NEWSPAPER INDUSTRY – The first newspaper in the country was started in 1780 by the British and was known as Hicky’s Bengal Gazette. 1. From a little over 200 dailies published in the post-independence India, to over 100,000 registered newspapers and periodicals as of 2015, the print media in India has matured […]

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