Company Law : Comprehensive guide on maintaining statutory registers under the Companies Act, 2013. Essential for corporate compliance, covering...
Company Law : Summary: The Directors’ Report is a crucial document required by the Companies Act, 2013, which mandates that every company&...
Company Law : Summary: The Director’s Report is a crucial document that must be attached to the financial statements sent to shareholders. Und...
Company Law : This brief write up an attempt has been made to unlock the technicalities related to Conversion of Private Company into Public Com...
Company Law : Understand the process and regulatory steps for converting a public company to a private company under the Companies Act, 2013. In...
Corporate Law : Ministry of Housing & Urban Affairs Scheme of Special Micro-Credit Facility launched for Street Vendors – Striving towar...
Company Law : In this flash editorial author discusses the provisions of liability of directors after strike off of Company or winding up of Com...
Company Law : Article discusses Time Period for Filing of Appeal in National Company Law Appellate Tribunal (NCLAT) against the order of adjudic...
Corporate Law : In this editorial author discusses Judgment National Company Law Appellate Tribunal (NCLAT) in the case of Steamline Industries L...
Corporate Law : The 'I&B Code' is a complete Code by itself. The provision of the Power of Attorney Act, 1882 cannot override the specific provisi...
Corporate Law : Whether Corporate Debtor can bar the NCLT to accept the petition of Operational Creditor by raising a dispute on the Demand Notice...
Silent Condition for Producer Companies: i. Only persons engaged in an activity connected with, or related to, primary produce can participate in the ownership. ii. The members have necessarily to be [1]primary producers.
As demanded by most corporate professional and compliance professionals, Ministry of Corporate Affairs has clarified the mode of conducting general meetings for corporates in the era of the outbreak of Coronavirus. This circular is for passing of resolution in general meeting which are of ‘Urgent Nature‘. Legally companies Act 2013 doesn’t specify any provisions for […]
Company Law Fresh Start Scheme, 2020 announced by MCA is A step by MCA to allow corporates to make a ‘Fresh Start’. MCA issued General Circular No. 12/2020 dated 30th March, 2020 for the benefit of all Companies. This Scheme Shall be start from 01st April, 2020 and end on 30th September, 2020. FAQ’s Q […]
MCA issues General Circular No. 12/2020 dated 30.03.2020 to notifiy Company Law Fresh Start Scheme, 2020 which is for the benefit of all Companies who have defaulted in filing of Statutory forms on MCA. This Scheme will comes into operation from 01st April, 2020 and will end on 30th September, 2020. Company Law Fresh Start […]
Many Corporates & Professionals has asked a question ‘Whether amount spent for for prevention or Spread CORONA Virus or CoVID-19 shall be considered as CSR Expense under Section 135 of Companies Act, 2013?’ To clarify the same MCA has issued a clarification on 23rd March, 2020 vide General Circular No. 10/2020, according to which spending […]
Institute of Company Secretaries of India ICSI has issued Auditing Standard for audit by ‘Practicing Company Secretary” . These standards issued by ICSI. These standards were effective from 1st July, 2019. However, from 1st July,2019 it was recommendatory. These standards are mandatory w.e.f. 1st April, 2020. Important Note: ** These standards are applicable on “Practicing […]
MCA has introduced a new form CAR (Company Affirmation of Readiness towards COVID-19) w.e.f. 23rd March, 2020. Following type of entities have to file Form CAR-2020: -Company -LLP -Foreign Company -Foreign LLP Key Features of Form It is Web based form (need to file online) There are no fees for this form. No need of […]
RELAXATION Ministry of Corporate Affair relaxation Board Meeting (Video Conferencing): As per Section 173(2) Companies can hold Board Meeting through Audio/Visual means. However as per rule 4 following transactions are restricted to transact through Video Conferencing: a) the approval of the annual financial statements; b) the approval of the Board’s report; c) the approval of […]
Short Summary of New LLP Settlement Scheme- 2020- Large Numbers of LLP’s have defaulting in filling of followings forms: ♦ LLP-3 viz. LLp Agreement and change theirein ♦ LLP-8 Statement of Account and Solvency ♦ LLP-11 Annual Return of LLP As per LLP Act if such form not being filed within prescribed time presently LLPs […]
Procedure For Change In Registered Office of LLP- Section-13 of LLP Act- 2008, Rule 17 of LLP Rules- 2009 As per Section 13 of LLP, 2008 every LLP shall have a registered office to which all communications and notice may be addressed and where they shall be received. Address of initial registered office of a […]
