Company Law : Learn the essential legal requirements for incorporating a One Person Company under the Companies Act, 2013. The article explains ...
Company Law : The procedure for conversion of a One Person Company (OPC) into a Private Limited Company is governed by Section 18 of the Compani...
Company Law : The One Person Company structure offers separate legal identity and limited liability under the Companies Act, 2013. It allows sin...
Company Law : One Person Company (OPC) compliance guide: Though exempt from AGM, the AOC-4 deadline is 180 days from FY end (Sept 27th). MGT-7A ...
Company Law : Know the 2025 compliance schedule for One Person Companies, including filing deadlines, annual returns, director KYC, penalties, a...
Company Law : Learn the step-by-step procedures and find answers to frequently asked questions about incorporating and converting a One Person C...
Company Law : During the current year (from 01.01.2021 to 10.12.2021) total 9781 number of One Person Companies (OPCs) were registered under the...
Company Law : It is requested extend the timelines for annual filing of OPCs upto 31st December, 2020. This will ease the difficulties faced by ...
Income Tax : The Finance Act, 2016 introduced a tax rate of 29% of total income to (domestic) company assessees provided its total turnover or...
Company Law : One person company is a concept introduced in India by the Companies Act, 2013. The concept opens up new vistas of business opport...
Corporate Law : Bombay High Court sets aside personal liability for One Person Company director in arbitration, upholding asset deposit by the com...
Company Law : (1) These rules may be called the Companies (Management and Administration) Amendment Rules, 2021. (2) They shall come into forc...
Company Law : MCA amends One Person Companies (OPCs) rules vide Companies (Incorporation) Second Amendment Rules, 2021 MCA amends rules 6 relate...
Part I – Law(s) Governing the eForm MGT-7A Section and Rule Number(s) Pursuant to Section 92(1) of the Companies Act, 2013 and rule 11(1) of the Companies (Management and Administration) Rules, 2014. (Refer Annexure A) Purpose of the eForm MGT-7A Every OPC and small company shall prepare an annual return in the form MGT-7A containing […]
Part I – Law(s) Governing the eForm INC-3 Section and Rule Number(s) This form is required to be filed pursuant to section 3(1) of the Companies Act, 2013 and rule 4(2), (3), (4), (5) & (6) of Companies (Incorporation) Rules, 2014 and the same are reproduced for your reference: Section 3(1): A company may be […]
Part I – Law(s) Governing the eForm INC-4 Section and Rule Number(s) eForm INC-4 is required to be filed pursuant to Section 3(1) of the Companies Act, 2013 and Rule 4(4), (5), (6) of Companies (Incorporation) Rules, 2014 which are reproduced for your reference. Section 3: (1) A company may be formed for any lawful […]
Part I – Law(s) Governing the eForm INC-3 Section and Rule Number(s) This form is required to be filed pursuant to section 3(1) of the Companies Act, 2013 and rule 4(2), (3), (4), (5) & (6) of Companies (Incorporation) Rules, 2014 and the same are reproduced for your reference: Section 3(1): A company may be […]
Abridges Means to shorten by omission of words without sacrifice of sense. Abridged Director Report means the format of director report is not vast rather an abridged Director Report shall also be sufficient. Applicability: Small Company One Person Company (OPC) Rules : Companies (Accounts) Amendment Rules, 2018 MCA has introduced new Rule 8A after rule […]
New Form MGT-7A Abridged Annual Return for Small Company and OPC : Applicability and Due Dates MCA notified new FORM MGT-7A – Abridged Annual Return for OPCs and Small Companies for Financial Year 2020-21 vide Companies (Management and Administration) Amendment Rules, 2021 with effect from 5th March, 2021. As per the Notification, in the Companies […]
OPC Annual Compliance Form and Due date AOC-4 : Within 180 days from the closure of financial year i.e., 27th September of every year. MGT-7A : Within 60 days from the date of entry (signing) of resolution served by the member to adopt the financial statements in the minutes book. [deemed date of AGM as […]
The concept of One Person Company (OPC) is well understood by all of us and doesn’t need any introduction. We all are aware of the privileges enjoyed by an OPC in comparison to other forms of companies, like non-requirement of holding general meeting, non-requirement of holding board meeting (in case there is only one director), […]
One Person Company is a company that has only one person as its member. Being just one-member company, the OPC has lesser compliance requirement compared to Private Limited Company or Limited Liability Partnership. In this article author shall discuss about Annual Filing of One Person Company with Registrar of Companies. There are many form a […]
(1) Every company other than a One Person Company shall in each year hold in addition to any other meetings, a general meeting as its annual general meeting and shall specify the meeting as such in the notices calling it, and not more than fifteen months shall elapse between the date of one annual general meeting of a company and that of the next:
