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Documents required for Due Diligence

April 21, 2023 5286 Views 0 comment Print

Due Diligence is the process by which confidential, legal, or financial and other material information are exchanged, reviewed and appraised by the interest parties who are going to enter into a Business transaction. Due diligence often refers to the in-depth research and study being done before signing an agreement or a business with a party.

Retired Employees to apply for higher pension under up to May 3, 2023

April 21, 2023 3777 Views 0 comment Print

The Supreme Court declared that members of the Employees’ Provident Fund Organization (EPFO) who are also members of the Employees’ Pension Scheme might contribute more to their pensions if certain conditions are met.

Procedure to Increase Authorized capital of a Company

April 19, 2023 2367 Views 0 comment Print

Over time, any business takes more capital to run. This money could be required in both the long and near term. Loans and advances might help you meet a short-term financial requirement. However, more finances will be needed for the run to last longer. This can be performed for a Private Limited Company by increasing the company’s authorized capital.

Filing of MSME Forms with MCA

April 18, 2023 6000 Views 3 comments Print

When a company has overdue dues to MSME suppliers and the suppliers are registered under the MSME Act, it must file Form MSME-1. 

Why am I not able to file ITR Filing for Financial Year 2022-23?

April 16, 2023 42225 Views 5 comments Print

 Unable to file ITR for FY 2022-23? Learn why and get insights on when to file, updated ITR forms, and the importance of timely income tax return submissions for accountability and financial transactions. Stay informed for a smooth tax-filing process.

Consolidated FDI Policy 2020 – India

April 16, 2023 6699 Views 0 comment Print

Explore the comprehensive analysis of Indias Consolidated Foreign Direct Investment (FDI) Policy 2020, highlighting key changes, sectoral revisions, and regulatory implications.

Code on Wages (Central) Rules, 2020 – Centre and State – wise

April 16, 2023 8901 Views 0 comment Print

Explore the Code on Wages (Central) Rules, 2020: Insights into enforcement, minimum wages, working hours, and regional adaptations. Dive into state-wise analyses for a comprehensive understanding.

Procedure of Alteration of Memorandum & Articles of Association

April 15, 2023 23466 Views 0 comment Print

Navigate the procedure for altering Memorandum and Articles of Association. Comply with Companies Act, 2013, convene board meetings, issue notices, hold general meetings, and file with ROC seamlessly.

Legal requirement of appointment of Company Secretary

April 12, 2023 119673 Views 8 comments Print

Any company which is mandatorily required to appoint a Company Secretary if doesn’t appoint, such company shall be liable to a penalty of five lakh rupees, and every director and key managerial personnel of the company who is in default shall be liable to a penalty of fifty thousand rupees and where the default is a continuing one, with a further penalty of one thousand rupees for each day after the first during which such default continues but not exceeding five lakh rupees. 

Leave Policy and Holidays in India

April 4, 2023 168165 Views 6 comments Print

Explore Indias Leave Policy and Holidays, covering earned leave, casual leave, sick leave, maternity leave, and more. Get insights into statutory provisions under Factories Act and Shops & Establishments Act in different states. Understand the quantum of leave entitlement, carry-forward rules, leave encashment, and provisions for legal practitioners. Stay compliant with labor laws for a harmonious work environment in India. For detailed information, visit Prakasha & Co.’s comprehensive guide on Leave Policy and Holidays in India.

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