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Mandatory appointment of Company Secretary under Companies Act, 2013

September 20, 2022 156348 Views 0 comment Print

Understanding the importance of a Company Secretary under the Companies Act, 2013. Learn about the responsibilities and benefits of this crucial role.

Obligation to Indicate Director Identification Number (DIN)

September 16, 2022 10053 Views 0 comment Print

Understand the obligation to mention Director Identification Number (DIN) in returns as per Section 158 of the Companies Act, 2013. Learn about the recent penalty imposed on M/s. Premier Solution Private Limited for non-compliance. Take immediate actions to ensure DIN is correctly indicated in all filings with ROC, NCLT, and other authorities to avoid penalties. Disclaimer: This article provides general guidance and should not be considered specific professional advice. For personalized assistance, consult with Affluence Advisory Private Limited.

CSR Compliances as per New CSR Rules

August 30, 2022 44100 Views 0 comment Print

1. Companies are required to Amend the CSR Policy in order to align it with the requirements under (CSR) Amendment Rules, 2021; Companies to have Investor Tab on its official Website where disclosure of CSR Policy, CSR Committee and CSR Projects is to be updated on timely basis for public access;

Physical Verification of Registered Office of Companies by ROC

August 20, 2022 6000 Views 0 comment Print

Stay compliant with the new MCA rules. Learn about the physical verification requirements for the registered office of companies.

Can the Company give Loans to Directors and Relatives?

August 17, 2022 92019 Views 2 comments Print

Section 185 of Companies Act, 2013 contains prohibition, restriction and exemption for providing Loan, Guarantee, and Security to the Directors of the Company and any of their relatives.

Misconceptions Regarding Filing of Annual Return under Company Law

August 8, 2022 5004 Views 0 comment Print

Demystifying misconceptions about filing annual return and extract of annual returns under company law. Learn about the importance of annual returns and its comprehensive disclosures.

Ratification in context of Companies Act, 2013

July 26, 2022 27576 Views 1 comment Print

Uncover the intricacies of ratification in the context of the Companies Act, 2013. Learn how ratification absolves directors from personal liability arising from a breach of duty. Understand the provisions related to ratification and its interpretation by the court. Explore real cases and judgments shaping the concept of ratification. Stay informed about the nuances of ratification in the corporate landscape.

Non-Compliance in the use of KMP Designation – By Private Companies

July 23, 2022 6126 Views 0 comment Print

Exploring non-compliance in the use of Key Managerial Personnel (KMP) designations by private companies. Understand the provisions, appointment requirements, and recent penalties. Stay compliant with the Companies Act, 2013.

RBI Guidelines on Regulation of Payment Aggregators & Gateways

July 17, 2022 32235 Views 0 comment Print

Stay informed about RBI guidelines on regulation of payment aggregators and gateways. Learn how these guidelines safeguard consumer data.

Foreign Company Can set up Branch /Liaison/Project Office in India

July 14, 2022 3558 Views 0 comment Print

Guide to setting up a Branch, Liaison, or Project Office in India. Learn about the conditions and RBI framework for foreign companies.

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