False statements made knowingly and willfully have a criminal offence under Section 448 of the Companies Act, 2013. Learn more about the punishment in this analysis.
Learn about MSME, the Micro, Small and Medium Enterprises, and its certification requirements and acceptance day in this blog post
Labour registration is the process of formalising ones workforce entry and getting access to rights, benefits & protections. Understand Meaning, Purpose & Benefits of Labour Registration here
Providing false evidence to Registrar or other authorities appointed under Companies Act, 2013 is a punishable offence with fine up to INR 1 lakh or 6 months jail or both, as per Section 449
Find out the legal provisions regarding acceptance of deposits by companies in India Whether figures reported in DPT-3 are current year figures or outstanding figures
Numerous appeals IBC get rejected by NCLAT on the grounds of them being time-barred. NCLAT articulates that it lacks the power to allow appeals filed after 45 days from the ‘date of the order’ of the Adjudicating Authority.
Objective of standard 109- Financial Instruments is to establish principles for the financial reporting of financial assets and financial liabilities that will present relevant and useful information to users of financial statements for their assessment of the amounts, timing and uncertainty of an entity’s future cash flows.
Learn how section 147/148 of the Income Tax Act gives plenary powers to reopen concluded assessments. Find out why ‘Reasons to Believe’ is the foundation stone of proceedings u/s 147/148 and what makes it different from ‘Reason to Suspect’
EPCG authorization/scheme can be very gainful when used properly. Learn how to compute and maintain Average Export Obligation under this scheme.
Draft an MOU cum Business Arrangement Document with cross charge rules under GST for head office/corporate office & branch offices. Learn more
