Annual Filings of the LLP for the year 2018 is the next important task marked in compliance list. Every Limited Liability Partnerships (LLPs) which are registered with the Ministry of Corporate Affairs (MCA) have to file the Annual Returns and Statement of Accounts for the FY 2018.
The Fugitive Economic Offenders Ordinance, 2018 was given the assent by President of India, Ram Nath Kovind. This Ordinance has been brought to crack down on economic fugitives like Nirav Modi, Vijay Mallya and others and to confiscate their properties. The Ordinance is to have an instantaneous effect and is prospectively applicable to offences across the country.
MCA notified the extension of Condonation of Delay Scheme (CODS), 2018 vide General Circular No 02/2018 Dated 28/03/2018 till 30th April 2018. Earlier the Scheme was valid till 31st March 2018 but due to requests of various stake-holders ministry decided to extend the validity of the Scheme until 30th April 2018 (1-month extension).
Hi Readers! As we all know that it is the month of April and Annual filling of LLP begins with this month. So, let’s discuss this interesting topic. Like Companies LLP also need to do Annual Filling i.e. filling of certain documents to the Registrar annually, which is divided into two parts. First is filing […]
LLP Act, 2008 does not cover the conversion of LLP into Company but in Companies Act, 2013 conversion of LLP into Company is covered in section 366. Please note that recently MCA has notified Companies (Authorized to Register) Amendment Rules, 2018 which shall came into force on 16.02.2018 in which form URC–1 has been revised, which […]
Preference Share with reference to any Company limited by shares means that part of the issued share capital which carries or would carry preferential right with respect to:- Payment of dividend either fixed or calculated at fixed rate. Repayment in case of winding-up or repayment of capital. Section 55 of Companies Act, 2013 read with […]
When we think about issue of shares in a Company consequently & automatically we think about the ownership of stake in that company by the shareholder.
Corporate Debt Restructuring, in short CDR is a scheme evolved by the Reserved Bank of India (RBI) through a circular issued on 23rd August, 2001 for implementation by banks and Financial Institutions (FIs) for realisation of amount of debt from the debtors who are not able to pay the amount in full. It is based […]
Today we talk about start-ups and the mistakes they do which cause them a big trouble to expand their business and yes sometimes more serious than that, they have negative remark on their goodwill.
We talk about shifting of Registered Office(RO) of the Company from One State to the Another which have more compliance than shifting the Registered Office within the State.
