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Priyanka Sharma

Latest Posts by Priyanka Sharma

How Financial Creditor can file CIRP Application under Section 7 of IBC, 2016

June 12, 2023 3105 Views 0 comment Print

Navigate the process of filing a Corporate Insolvency Resolution Process (CIRP) application under Section 7 of the Insolvency and Bankruptcy Code, 2016, as a Financial Creditor. This step-by-step guide covers eligibility criteria, necessary forms, documents, and actions taken by the National Company Law Tribunal (NCLT). Understand the requirements for joint applications, nomination of a person, and details to be furnished with the CIRP application. Ensure a smooth initiation of the resolution process by following the comprehensive procedures outlined in this guide.

Eligible & Ineligible Persons For Filing CIRP Application Under IBC, 2016

June 4, 2023 2148 Views 0 comment Print

Understand the eligibility criteria for filing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC 2016). Learn about the minimum default amount, who can file an application, and who is not entitled to initiate insolvency proceedings.

Secretarial Audit Provisions under Companies Act, 2013 & SEBI LODR Regulations, 2015

May 7, 2023 7218 Views 0 comment Print

Companies Act, 2013 doesn’t specifically defines Secretarial Audit. But for understanding purpose, it  can be said as the process of checking compliance to various acts, rules, regulations, circulars, notifications as applicable on the Company

Decoding Reliance Industries Limited proposed Demerger Scheme

April 8, 2023 3195 Views 0 comment Print

Reliance Industries Limited (RIL) is proposing demerger in coming months with its Financial Services unit Reliance Strategic Investments Limited (RSIL) which is Currently Non deposit taking systematically important NBFC and wholly owned subsidiary of RIL.

New rules and changes from 1st April 2023 in Taxation & Corporate Law

April 2, 2023 14598 Views 3 comments Print

Stay informed about the latest rules and changes in Taxation & Corporate Law effective from April 1, 2023. Explore updates on gold hallmarking, car prices, UDID for disabled, NSE transaction fees, toll taxes, UPI transactions, and new income tax rules, including alterations in income tax slabs, increased minimum tax rebate, reduced surcharge rate, taxable annual premium, and enhanced leave encashment exemption for non-government salaried employees.

All you need to know about Foreign Trade Policy 2023

March 31, 2023 3768 Views 0 comment Print

Foreign trade policy are a set of guidelines  and instructions which are established by Directorate General of Foreign Trade (DGFT)  related to import and export of goods in India.  This is announced after every 5 years. It creates various expectations for exporters, traders and manufacturers.

Analysis of Companies (Incorporation) Fifth Amendment Rules, 2021 & Section 16

July 24, 2021 3045 Views 0 comment Print

The Ministry of Corporate Affairs (MCA) wide 2 different notifications dated 22 July, 2021, notifies Companies (Incorporation) Fifth Amendment Rules, 2021 and Commencement of Section 4 of the Companies (Amendment) Act, 2020 So let us discuss these notifications in detail in this article. Summary/ Gist of Notifications  Insertion of Rule 33A- Allotment of a new […]

Startup- Meaning, Registration and Benefits

May 5, 2021 4425 Views 0 comment Print

Are you a young entrepreneur full of new & unique ideas about any product or service but not getting any platform about how to start it ? If your answer is Yes, then my article on startup will be very useful for you all. This article will let you know about the meaning of startup, […]

Analysis of Companies (Accounts) Amendment Rules, 2021

March 29, 2021 8439 Views 1 comment Print

Summary/ Gist of Amendments to Companies (Accounts) Rules, 2014 -Insertion of a Proviso in Rule 3(1)- To mandate Accounting software having audit trail feature of every transaction -Insertion of 2 clauses in Rule 8(5)- To add more matters to be included in Board report  Effective Date of  Companies (Accounts) Amendment Rules, 2021- 1 April, 2021 […]

Analysis of Companies (Audit and Auditors) Amendment Rules 2021

March 28, 2021 14817 Views 0 comment Print

Gist of Amendments -Omission of a clause of Rule 11 of of Companies (Audit and Auditors) Rules 2014 -Insertion of 3 clauses to Rule 11 with an intent to add more matters to Auditors report  Effective Date of Applicability of Companies (Audit and Auditors) Amendment Rules 2021 – 1 April, 2021 Rule 11- Other Matters […]

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