Reading of a judgment is an art, no doubt about this. Since we all are in the profession for decades and appearing before the various forums including the assessing authorities. But, the purpose of placing a judgment given by a Court has not been properly met with; this is because we are not well versed […]
After the announcement made by the Finance Minister Smt. Nirmala Sitaraman on 13th May, 2020 regarding the measures taken by the government for the businesses covered under the MSME Sector, it is become the Hot Topic of discussion that what is MSME and how to get registration under MSME and what are the benefits that […]
Background of Alternate Investment Fund (AIF): Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated investors, whether Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors. AIF does not […]
My article is related to transfer and transmission of shares. In this article I will explain the related provisions of companies Act, 2013 and SEBI (LODR) Regulation, 2015. Before come to the provisions, we need to understand the basic difference between transfer and transmission of shares. Transfer of Shares – Transfer of shares is a […]
The Policy of Liberalization, Privatization and globalization has developed economy globally. The Foreign Direct Investment received by the countries because of above-mentioned policies has helped them in developing and boosting their economy.2 One of the key-policy i.e. globalization has integrated various economies into one and helped big Multi-National Companies to expand and diversify their business.3 […]
To facilitate an economic recovery and build greater resilience to the crisis, we suggest few additional support of the India’s Revival Mission where the governmental support India’s MSME sector may need to relieve it of its economic plight. Considering these facts and Present Position of MSMEs we suggest further relief package with approximate amount of 2 lac Croreand based on experience in finance as well economics we assure that benefit to government in form of Higher than this amount by way of payment of Direct and indirect Taxes, lower NPA to Banks, lower job losses, uses of power accordingly this additional support will not be wasted but it will be invested. These suggestion are given under.
So far as the Micro, Small and Medium Enterprises are concerned, in India, a separate ADR mechanism with an object of facilitating expeditious recovery of amount due to an MSME is provided by a special legislation namely the Micro, Small and Medium Enterprises Development Act, 2006
NeSL is India’s first Information Utility and is registered with the Insolvency and Bankruptcy Board of India (IBBI) under the aegis of the Insolvency and Bankruptcy Code, 2016 (IBC). The Company has been set up by leading Banks and Public Institutions and is incorporated as a Union Government Company.
Procedure for Incorporation of Private/Public Ltd Companies through Spice+/INC 32/ INC 35 (Agile Pro) In this Editorial the author shall deliberate the Provisions of Companies Act, 2013 in respect of incorporation of Private Limited / Public Limited Company (Including Companies Incorporation Rules amended, SPICe+ (INC 32)/ INC 35 (AGILE PRO) notified, w.e.f. 23rd February, 2020: […]
The Ministry has received several representations from the stakeholders requesting for the grant of one time opportunity, so as to enable them to complete all their pending compliances by filling necessary documents in the MCA – 21 registry including annual filling without being subject to higher additional fees on account of any delay. General Circular […]
