‘Debenture’ is a debt instrument, used by the companies for a long period of time in order to borrow money at the fixed rate of interest. Section 2 (30) of The Companies Act, 2013 defines debentures “includes debenture stock, bonds or any other instrument of a company evidencing a debt, whether constituting a charge on […]
Deployment of e-form PAS-6 for filing by Ministry of Corporate Affairs (MCA) Ministry of Corporate Affairs (MCA) with effect from July 15, 2020, has made available, an e-form PAS-6 for filing purpose on its website. Before understanding the filing purpose of e-form PAS-6, let’s understand the background first. Background Rule 9A of Companies (Prospectus and […]
Ministry of Micro, Small and Medium Enterprises vide notification dated 26th June, 2020 notifies certain criteria for classifying the enterprises as micro, small and medium enterprises and specifies the form and procedure for filing the memorandum i.e. Udyam Registration with effect from the 1st day of July, 2020. Article explains about Classification of MSME enterprise, […]
