Corporate Law : Understand the applicability, compliance, penalties, and best practices of the POSH Act for Private Limited Companies in India wit...
CA, CS, CMA : Check the December 2024 due date calendar for various tax and compliance obligations, including GST, Income Tax, ESI, and Providen...
Company Law : Understand stamp duty rules on share transfers in demat form for private limited companies. Covers legal framework, rates, respons...
Income Tax : Convert your company into an LLP before 31st March 2025 to carry forward business losses for 8 years. Act now before the tax benef...
Company Law : MCA clarifies demat rules for Non-Small Private Companies, including ISIN delays and share allotment procedures. Compliance requir...
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...
MCA has issued Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019. Provisions of the Law: 1. WEB Service- DIR-3 KYC: Web based e-form DIR-3 KYC shall be used by the DIN holder who has submitted DIR-3 KYC e-form in the previous financial year and no update is required in his details. 2. E-form DIR-3 […]
The Board’s Report of One Person Company shall be prepared based on the STANDALONE FINANCIAL STATEMENT of the company, which shall be in abridged form and contain the following:- Dear Members, XYZ PRIVATE LIMITED Your Directors have pleasure in presenting the (No. of AGM) Annual Report together with the Audited Statement of Accounts of your Company for […]
1. Whether loan from LLP shall be considered as Non- Deposit? As per definition of deposit loan from LLP doesn’t covered in exempted list therefore same shall be considered as Deposit for the Companies. 2. Whether Private Limited Company can accept loan from LLP. As loan from LLP shall be considered as deposit. Private Limited […]
Form DPT-3- One Time Return- 13 FAQs – Updated on 22.06.2019 based on MCA Webinar on 17th June 2019 Q 1. What are the objectives of e-Form DPT-3? Ans. The objectives of the form are: One time return for disclosures in respect of receipts not considered as deposits as per the Act and the rules […]
In this editorial author discusses about Provisions of loan from shareholders by Private Limited Company, Process of acceptance of loan from shareholder, Treatment of such loan in DPT-3, Balance Sheet etc.
Chapter XVIII chapter deals with Removal of Names of Companies from Register of Companies, which is alternative to winding up of a Company
I. Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2019. Insertion of New Rule 12B: ♠ In case Company fails to file e-form Active form before due date (i.e. 15thJune, 2019) then status of DIN of director of company shall be marked as “Directors of ACTIVE non- compliant Company”. ♠ Once director will file […]
Current presentation covered the following Topics: Filing of Details of Outstanding Loans with ROC – DPT-3 Filing of details of Due of MSME in MSME-1 KYC OF COMPANIES- E-Form ACTIVE MANDATORY Reporting OF Outstanding Loan/Deposits TO ROC MCA on 22nd January, 2019 has published Companies (Acceptance of Deposits) Amendment Rules, 2019. They shall come into effect […]
The Ministry of Corporate Affairs has issue e-form DPT-3 w.e.f. 01st May, 2019. In this article author compiles check list for filing of e-form DPT-3 First Requirement: 3. Purpose of form: S. No. Purpose of Form Applicability 1. Onetime Return for disclosure of details of outstanding money or loan received by a company but […]
Practical Difficulties – MCA Updates (DPT-3, MSME-1, DIR-3 KYC, Demat of Public Company) FAQ’S – DPT-3- One Time 1. Which information are required to filed according to Rule 16A in e-form DPT-3:- As per New Rule 16A, Every Company has to file e-form DPT-3 with ROC containing following Information: √ Every Outstanding Loan (Not Considered […]
