Learn about the various threshold limits under Companies Act, 2013. From small company criteria to filing annual returns, understand the regulations.
An individual forming the One Person Company (OPC) can be a resident of India or a non-resident. OPC is incorporated in a form of a company but have the benefits of a sole proprietorship. It has very less compliances, legal status, easy ways to get funds, easy incorporation, perpetual succession and many other benefits.
Some Important Amendments Relating To Companies Annual Filing And Extension Of Due Date For The Financial Year 2020-2021 The Ministry of Corporate Affairs (MCA) on Saturday vide General Circular no. 22/2021 dated: 29/12/2021, gave relaxation on levy of additional fees of e – forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 NON-XBRL AND MGT-7/MGT-7A for the […]
The concept of the Limited Liability Partnership (LLP) come to India in the year 2008. An LLP has the characteristics of both the partnership firm and company. It is the most preferred form of organization among entrepreneurs as it incorporates the benefits of both partnership firm and company into a single form of organization. LLPs […]
Form AOC 4 is for filing the company’s financial statement (WHETHER STANDALONE OR CONSOLIDATED) for every financial year with the Registrar of Companies. Financial statements are the written records that convey the business activities and the financial performance of a company. They are the source on the basis of which the Board of Directors and […]
An annual general meeting (AGM) under Companies Act, 2013 is a yearly meeting of company’s interested shareholders to receive, consider, approve and adopt the Annual Financial Statements (whether standalone or consolidated) ending on 31st March every year together with the Board of Directors Report and Report of the Auditors thereon. Other matters which are generally […]
Who are recognized as Small Shareholders – Under Company Act, 2013, Small Shareholder means a small shareholder holding shares of nominal value of not more than ₹20,000. The rationale behind the inclusion of this concept in Company Act, 2013 was to protect the interest of the small shareholders, as reflected in the Statement of Objects […]
Additional Fees Waiver by MCA Through Circular No. 11/2021 and 12/2021 Dated : 30/06/2021” MCA (Ministry of Corporate Affairs) with latest notification dated 30.06.2021, in continuation of Circular no 06/2021 and 07/2021 dated 3rd May 2021 allow the additional fees waiver on the following 57 e-forms. The said forms can be filed without additional fees till 31st of […]
MCA Releases List of 53 Forms eligible for Additional Fees Waiver pursuant to General Circular No. 06/2021 and General Circular No. 07/2021 Dated: 03/05/2021. List is been Updated by MCA as under First List of 10 Forms on 13th May 2021 Second List of 18 forms on 22nd May 2021 (Inclusive of above) Third List […]
CSR which stands for Corporate Social Responsibility is a very related and relevant point of discussion amongst the professionals in the current scenario of the world specially in India. It has become a jargon amongst the companies. Through CSR, Companies can help the whole world sincerely and positively during the pandemic time as well as […]
