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Relaxations in Companies Act Compliances due to COVID 19

June 21, 2020 13005 Views 0 comment Print

In this article author shall discuss about Relaxation given by MCA in Compliances of Companies Act, 2013 due to COVID-19 Situation, Amendment made by MCA due to Pandemic Situation in Country and . Relaxations from many Due Dates for Filing of Forms, holding of Meetings etc. MCA has issued 23 Notifications and Circulars between between […]

New Due Dates by MCA (Name Approval, Incorporation, Resubmission)

May 23, 2020 6000 Views 1 comment Print

Due to COVID 19 and Lock down situation in Country, Ministry of Corporate Affairs has given further relaxation for submission of forms by Companies/ LLP for following Matters: ♦ Name Approval ♦ Incorporation ♦ Resubmission of Forms Issue description  Period/Days of Extension New Due Date       1 Name Reservation Date for Incorporation of […]

Process of Appointment of Additional /Managing Director

May 1, 2020 28821 Views 1 comment Print

Process of Appointment of Additional Director (AD) as well as Managing Director (AD) In this editorial author shall discuss the process and provision of appointment of a person as Additional Director as well as Managing Director in Board Meeting. For this purpose Companies have to comply with Following Sections: 1. 161(1) Appointment of Additional Director […]

ICSI (Continuous Professional Education) Guidelines, 2019

May 1, 2020 26841 Views 2 comments Print

ICSI has issued New Guidelines for Yearly Credit Hours for Financial year w.e.f. 01st April, 2020. These guidelines came into effect from 01st April, 2020. New Credit Hour Requirements: It is mandatory for all members of the Institute, except those specified in para 5.1 of guidelines (also mentioned below) to secure 20 CPE Credits in […]

Process to Enter into Related Party Transaction (RPT) and Reporting’s

April 30, 2020 43053 Views 2 comments Print

As per Companies Act, 2013, Section 188 states about Process and Provisions of Related Party Transactions. We have already published our article no 568 on Related Party Transaction provisions. In this editorial author shall discuss process of Related Party Transaction and their reporting’s: Checks – Related Party Transaction I. Transaction entered into by ‘Company’ (as […]

Annual Company Law Compliance Calendar for Producer Companies

April 12, 2020 38535 Views 1 comment Print

Article Annual Company Law Compliance Calendar for Producer Companies under Companies Act, 2013 in Tabular Form stating Form or Return required to be filed, Section/Rules under which the same need to be filed and nature of Compliance. Article further explains Meaning of Producer Company, Allowed Activities for Producer Companies and Important Features of Producer Companies. […]

Process for Incorporation of Foreign Subsidiary / Wholly Owned Subsidiary

April 12, 2020 152301 Views 13 comments Print

In this Editorial the author shall deliberate the Provisions of Companies Act, 2013 in respect of Incorporation of Subsidiary of a Company Incorporated Outside India or Wholly Owned Subsidiary (WOS) of a Company incorporated outside India.

Compliance for Establishment of Branch office of Foreign Company

April 12, 2020 142475 Views 11 comments Print

BRANCH office is setup by a foreign company in India to carry out the BRANCH activity for its business. The foreign company can have any revenue from the Indian Branch office only from the activity allowed by the Reserve Bank of India;

Incorporation of One Person Company under Companies Act, 2013

April 12, 2020 25136 Views 1 comment Print

With the development of the practice, there will be more and more exception phenomena which can not be explained by the original thoughts or theories. Once these exceptions developed to such an extent that waved peoples confidence in the former thoughts or theories, crisis will happen, and scientific revolution begins. – Thomas S. Kuhn

Difference between Right issue, Private Placement & Preferential Allotment

April 12, 2020 83031 Views 2 comments Print

Explore the differences between right issue, private placement, and preferential allotment under the Companies Act, 2013. Understand the applicable provisions, types of securities, eligibility criteria, approvals, offer periods, documentation, timeframes for allotment, fund utilization, and more. Make informed decisions while raising capital for your company.

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