A. Which entities are required to submit the FLA Return Ans. The annual return on Foreign Liabilities and Assets (FLA) is required to be submitted by the following entities which have Received Foreign Direct Investment (FDI) made FDI Abroad In the previous year(s) including the current year B. Whether all the Companies received foreign investment […]
The Board’s Report of One Person Company shall be prepared based on the STANDALONE FINANCIAL STATEMENT of the company, which shall be in abridged form and contain the following:- Dear Members, XYZ PRIVATE LIMITED Your Directors have pleasure in presenting the (No. of AGM) Annual Report together with the Audited Statement of Accounts of your Company for […]
1. Whether loan from LLP shall be considered as Non- Deposit? As per definition of deposit loan from LLP doesn’t covered in exempted list therefore same shall be considered as Deposit for the Companies. 2. Whether Private Limited Company can accept loan from LLP. As loan from LLP shall be considered as deposit. Private Limited […]
Form DPT-3- One Time Return- 13 FAQs – Updated on 22.06.2019 based on MCA Webinar on 17th June 2019 Q 1. What are the objectives of e-Form DPT-3? Ans. The objectives of the form are: One time return for disclosures in respect of receipts not considered as deposits as per the Act and the rules […]
In this editorial author discusses about Provisions of loan from shareholders by Private Limited Company, Process of acceptance of loan from shareholder, Treatment of such loan in DPT-3, Balance Sheet etc.
Chapter XVIII chapter deals with Removal of Names of Companies from Register of Companies, which is alternative to winding up of a Company
I. Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2019. Insertion of New Rule 12B: ♠ In case Company fails to file e-form Active form before due date (i.e. 15thJune, 2019) then status of DIN of director of company shall be marked as “Directors of ACTIVE non- compliant Company”. ♠ Once director will file […]
The Ministry of Corporate Affairs has issue e-form DPT-3 w.e.f. 01st May, 2019. In this article author compiles check list for filing of e-form DPT-3 First Requirement: 3. Purpose of form: S. No. Purpose of Form Applicability 1. Onetime Return for disclosure of details of outstanding money or loan received by a company but […]
Practical Difficulties – MCA Updates (DPT-3, MSME-1, DIR-3 KYC, Demat of Public Company) FAQ’S – DPT-3- One Time 1. Which information are required to filed according to Rule 16A in e-form DPT-3:- As per New Rule 16A, Every Company has to file e-form DPT-3 with ROC containing following Information: √ Every Outstanding Loan (Not Considered […]
Creation/ modification of charge are one of crucial activity for Loan from Bank/ financial institutions etc. When Companies Act, 2013 introduced at that time Charge satisfaction form required to be submitted with ROC within 30 days of satisfaction otherwise Company have to file application of compounding with Regional Director. However, by Companies Amendment Act, 2017 […]
