Section 465 of the Companies Act, 2013: All the Sections of Companies Act, 2013 has already been notified till date , except section pertaining to producer Company. The same shall be still govern by chapter IXA of Companies Act, 1956. The Companies (Amendment) Bill, 2020 passed by Lok Sabha mentions to incorporate a new Chapter […]
Process Incorporation of Foreign Subsidiary / Wholly owned Subsidiary (WOS):- To incorporate a Company in India as ‘Subsidiary” or “Wholly owned Subsidiary (WOS)” of a Company incorporated outside India. Information/ Documents required from foreign Company:- a) Apostille / Notarized copy of resolution of foreign Company ‘mentioning the name of authorized representative, no. of subscription of […]
Incorporation of LLP – FiLLiP Formation of New LLP and compliances of existing LLP Incorporation of LLP Steps FORM Purpose Fees (approx.) (COST of LLP incorporation). Approval Time from MCA Approval proof. 1 DSC For min 2 designated Partners 850/- per DSC DSC To be register on MCA. 2 RUN Apply for Name availability of […]
The Companies (Amendment) Bill, 2020:- The Lok Sabha on Saturday passed a bill to further amend around 48 sections of the Companies Act, 2013 by decriminalizing various non-compoundable offences in case of defaults, but not involving frauds, omitting imprisonment for various offences which were considered procedural and technical in nature. The bill comes at a time when companies are reeling […]
Application for Incorporation of Companies as per Chapter II The Companies (Incorporation) Rules, 2014 An application for registration of a company shall be filed, with the Registrar within whose jurisdiction the registered office of the company is proposed to be situated, in SPICe+ (Simplified Proforma for Incorporating company Electronically Plus: INC-32) along with the fee as provided […]
SEC 134 – Approval by Directors – Directors Report- Financial Statement, Board’s Report, etc. (1) The financial statement, including consolidated financial statement, if any, shall be approved by the Board of Directors before they are signed on behalf of the Board by the chairperson of the company where he is authorised by the Board or […]