Buyback meaning: Buyback is governed by section 68 of the companies act, 2013, it refers to the purchase by a company of its securities from the marketplace. Why Buyback? Occasionally a cash-rich company with excess cash other than working capital prefers to share the cash with the shareholders, rather than keeping it idle in the […]
RESOLVED THAT pursuant to provisions of Section 135 of the Companies Act, 2013 read with Sub-rule (1B) of Rule 12 of Companies (Accounts) Rules, 2014, and such other provisions (including any statutory modifications or re-enactment thereof) as may be applicable for the time being in force, the consent of the Board of Directors of the Company be and is hereby accorded to file e-From CSR-2, Report on Corporate Social Responsibility, with the Registrar of Companies.
Understanding the limitations of the GST department: Learn how they cannot negative block the electronic credit ledger under Rule 86A of CGST Rules.
As mentioned in our previous article, Received Foreign Funding? Comply with FC-GPR filing in 30 days, we are witnessing a massive amount of foreign funds coming into India especially through investments into Start-ups. The government is also encouraging foreign investment through different incentives like liberalizing FDI limits in various sectors.
The Credit Guarantee Scheme for Startups is formulated by the Government of India. It enables the startups to avail of the loans for their business without any collateral. The Credit Guarantee Scheme for Startups is a part of the Startup India action plan. Also Read: Govt notifies Credit Guarantee Scheme for Startups (CGSS) The present […]
The following provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 governs listed companies: Regulation Sub-Regulation Compliance Required Terms Time Limit 6 1 Company has appointed Company Secretary and Compliance Officer? 7 1 Share Transfer agent is appointed?, if yes please details of the same 3 Compliance certificate submitted to the exchange as […]
COMPARISON BETWEEN LLP AND PRIVATE LIMITED COMPANY: – Articles makes Comparison Between LLP And Private Limited Company which includes Registration Requirement, Directors Requirement, Statutory audit Requirement, Compliances Requirement, Investment Requirement, Fines and Penalties etc. BASIS COMPANY LLP Registered under Companies Act 2013 Limited Liability partnership Act 2008 Directors required Minimum -2 Maximum-15 Minimum designated partner-2 […]
The offence is said to be committed under Section 138 of the NI Act, only when he fails to pay the debt within 15 days and such person shall be punishable with imprisonment for a term which may be extended to two years, or with a fine which may extend to twice the amount of the cheque, or with both.
E-way bill or Electronic-way bill is a document introduced under the GST regime that needs to be generated before transporting or shipping goods worth more than INR 50,000 within state or inter-state. The Government vide Notification No. 09/2018- Central Tax dated 23.01.2018 notify www.ewaybillgst.gov.in as the Common Goods and Services Tax Electronic Portal for furnishing the eway bill.
Non- Banking Finance Company plays a vital role in the growth of the economy as it provides loan to the entrepreneur to start its venture and provides loan as working capital to run the business effectively. The most challenging phase of the NBFC is for recovery of Loans along with interest. In line with the […]
