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Relaxation by MCA from March 19 till April 25 during Lock out which is continued

April 27, 2020 6630 Views 2 comments Print

List of Relaxation in compliance of the Companies Act 2013 granted by the Ministry of Corporate Affairs during Pandemic of COVID-19  World Health Organization (WHO) Director-General declared the COVID-19 outbreak as a Pandemic on March 11, 2020.  Italy, witnessed a huge surge in COVID-19 cases, with a steep rise in the number of deaths as […]

Process for conducting EGM by companies during COVID-19

April 15, 2020 7731 Views 2 comments Print

Meeting of Members for placing Ordinary or Special Resolution as SPECIAL BUSINESS (Not Ordinary Business) before them during Lockout Period due to Pandemic -COVID-19 Circular 14/2020 of MCA dated 8th April, 2020 and further relaxation vide Circular No. 17/2020 dated 13th April, 2020 Ministry of Corporate Affairs (MCA) had issued a General Circular No. 14/2020 […]

All about Board Meeting by Video Conference with Format of Minutes/Resolution/Notice/Agenda

April 11, 2020 92484 Views 3 comments Print

Article explains Meeting of Board/Committee by Video Conference Facility and Matters cannot be Approved by way of Circular Resolution by the Board of Directors (Relaxation Currently Given). It also provides Format of Minutes of Board Meeting through Video Conferencing, Format Of Notice for Board Meeting through Video Conferencing with Agenda and Standard Procedure for chairman […]

List of 76 forms allowed to be filed under CFSS-2020 & LLPSS-2020

April 3, 2020 26709 Views 0 comment Print

List of 76 forms which can be filed with MCA under Fresh Start Scheme, 2020 (CFSS -2020) and Modified LLP Settlement Scheme, 2020 (LLPSS-2020) and which are eligible for additional fees waiver. MCA has released a list of 76 forms which  will be allowed to be filed with MCA under Fresh Start Scheme, 2020 (CFSS […]

CFSS -2020 & LLPSS-2020- List of Forms, FAQs, Clarifications 

April 3, 2020 30708 Views 4 comments Print

Fresh Start Scheme, 2020 (CFSS -2020) and Modified LLP Settlement Scheme, 2020 (LLPSS-2020)- Golden Opportunity to clean the slate. List of Forms and certain FAQs/ Clarifications  This Scheme is for Defaulting Companies who have failed to file the Forms, Returns, Statement or Documents with Ministry of Corporate Affairs. You may say that directors which have […]

Covid-2019- Pandemic Rights, Powers & Duties of Government

April 1, 2020 4359 Views 0 comment Print

Covid-2019- Pandemic Rights, Powers and Duties of Government and Citizens Relaxation measures in compliances and relief packages announced by Government and Corporates Covid-19 COVID-19 is a new disease that is distinct from other SARS, MERS, and influenza. Although coronavirus and influenza infections may present with similar symptoms, the virus responsible for COVID-19 is different with […]

FRESH START—a new slate to Companies and LLPs in India

April 1, 2020 1200 Views 0 comment Print

FRESH START—a new slate to Companies and LLPs in India – An opportunity to be a COMPLIANT ENTITY Let’s discuss WHY,WHAT, HOW & FOR WHOM, on the closure of financial year on 30th March 2020 and in the mid of Nationwide Locked Out situation due to outbreak of Covid-19 pandemic, the Ministry of Corporate Affairs […]

Settlement Scheme For Late Filing by Limited Liability Partnership (LLPs)

March 16, 2020 6678 Views 1 comment Print

Central Government had decided to gift a Scheme LLP Settlement Scheme, 2020 to business owners who are operating the business in the form of Limited Liability Partnership structure. LLP Settlement Scheme, 2020 will remain open from 16th March, 2020 to 13thJune , 2020.

STRATEGIC USE OF TECHNOLOGIES – AI & ML for Professionals

March 15, 2020 1425 Views 0 comment Print

STARTEGIC USE OF TECHNOLOGIES – AI and ML for Professionals- By CS Haresh Jani and CA Vikram Pandya & ANALYSIS OF IMPACT OF TECHNOLOGY ON PROFESSIONALS By CS Amita Desai CS Haresh Jani initiated the session at IMC organized by Manoyog GRC Advisors Private Limited. He explained in brief the advantages and use of Technology. […]

Streamlining of Fines for Non–Compliance of LODR & SEBI SoP

February 8, 2020 13410 Views 0 comment Print

Article on SEBI’s Circular dated January 22, 2020 on Streamlining of Fines for Non–Compliance of LODR by listed entities & Standard Operating Procedure (SoP) for Suspension and Revocation of Trading of Specified Securities A. BACKGROUND: 1. As per SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (“LODR”), the Stock Exchanges used to impose fines for […]

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