SECTION-185 ⇓ LOAN, GUARANTEE OR PROVIDING SECURITY TO DIRECTORS, ETC. OBJECTIVE OF SECTION 185 ⇓ To Prevent the directors from using their undue influence in obtaining Loan From their Own Company either for themselves or for their relatives or partners. APPLICABILITY OF SECTION 185 ⇓ This Section Shall be Applicable to ALL COMPANIES Except:- Certain […]
As Per Section 2(41) If a Company is incorporated before 1st January of the year then First Financial Year of such Company shall be closed on upcoming 31st March of the that year but if a Company is incorporated on or after 1st January of the year then First Financial Year of such Company shall be closed on 31st March of the next year. Example: 1. If […]
LLP Compliance & their Due Dates For Financial Year 2020-21 Under LLP Act 2008 MCA vide its general circular No 06/2021 dated 3rd May 2021 has been decided to grant additional time for filling of certain forms without any additional fee, which were/would be due for filling between 1st April 2021 to 31st May 2021, under the companies […]
