The MCA has introduced COMPANIES FRESH START SCHEME 2020 (Scheme) vide circular 12/2020 dated 30/03/2020 which applies to all companies in India. It shall come into force on 1.4.2020 and remains effective till 30th Sep 2020.
The Indian government has taken so many initiative to protect the payments of registered Micro, Small or Medium Enterprises (MSMEs). A company or any other entity who have registered themselves under MSME and facing problems to recover long pending dues from their customers may approach the MSME department to take action against them. Following process […]
The Ministry of Corporate Affairs have notified that as part of ease of doing business in India, it would be shortly notifying & deploying a new Web Form christened ‘SPICe+’ (pronounced ‘SPICe Plus’) replacing the existing SPICe form where they will be summarizing almost 10 services to save TIME and COST for starting a new […]
Convertible Note is introduced firstly by RBI and considered as a very welcoming option provided to early stage startups to raise funds by way of convertible notes which is prima facie a debt instrument with conversion terms. Under FEMA and Rule 2(1)(c)(xvii) of Companies (Acceptance of Deposit) Rules, 2014, convertible note is been defined as […]
REMOVAL OF NAME OF COMPANY – LATEST AMENDMENT – MCA NOTIFICATION DATED 8TH MAY, 2019 Ministry of Corporate Affairs vide notification dated 8th May 2019 has come out with certain major changes under Companies (Removal of Name of Companies from the Register of Companies) Rules, 2019 Here are the amendments- A. The filing fees of […]