LLP Settlement Scheme, 2020 is being introduced in pursuance of the Government’s objective of providing greater Ease of Living to the citizens of the country and is expected to provide significant relief and a window of opportunity for LLPs to abide by the Law & conduct business accordingly.
Limited Liability Partnerships (LLPs) can no longer escape from late filing of information with Registrar of Companies (ROC). As per the powers conferred upon the Central Government under Section 67 of the Limited Liability Partnership Act, 2008, Section 460 of the Companies Act, 2013 which provides for condonation of delay has now been extended to […]
The Securities and Exchange Board of India (SEBI) on October 18, 2019 proposed to tighten disclosure norms with respect to resignation of statutory auditors in listed companies. SEBI has tightened its norms with respect to resignation of Auditors from listed companies and their material subsidiaries mainly due to:- ⇒ Resignation of Auditors from listed companies […]
In this article author is trying to discuss certain things regarding capital gains such as how to calculate indexed cost of acquisition, indexed cost of improvement, what is the latest cost inflation index, certain important exemptions from long term capital gains, etc
Capital market regulator Securities and Exchange Board of India (SEBI) has approved sweeping changes to the corporate governance framework for listed companies. The new measures are based on recommendations made by a 25 members committee headed by Mr. Uday Kotak, Executive Vice Chairman and Managing Director of Kotak Mahindra Bank. The Kotak Committee was formed on June 02, 2017 with the aim of improving standards of Corporate Governance of listed companies in India.
In the said article, MoM doesn’t stand for Minutes of the meeting, but Mom i.e mother.A lot gets discussed every year on women empowerment, legal and social dimensions and knowledgeable topics from the various leading female professionals who have carved their niche in their respective industries and professions.
Companies (Amendment) Ordinance, 2019 -A move towards decriminalization of offences the Companies Act, 2013 The Government of India Promulgated the Companies (Amendment) Ordinance, 2019 on January 12, 2019 to give continuing effect to the Companies (Amendment) Ordinance, 2018 and to amend the Companies Act, 2013. This is notable that the companies (Amendment) Ordinance, 2019 has […]
In a major step to keep track of transactions of Corporates and making the things easier and transparent for the Shareholders, the Ministry of Corporate Affairs (MCA) has notified the Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2018 by inserting Rule 9 (A) on September 10, 2018 making the Dematerialization of Securities of […]
The Income-tax Act, 1961 provides for specific exemption from capital gains on conversion of a company into Limited Liability Partnership. Limited Liability Partnership (LLP) is a hybrid entity combining advantages of both company and partnership firm.
Mergers and acquisitions (M&A) are the transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated with other entities. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position.
