Introduction The Micro, Small and Medium Enterprises (MSME) sector has become a highly vibrant and dynamic sector of the Indian economy in the last five decades. MSMEs not only play an important role in providing large employment opportunities at lower capital costs than large industries, but also help in the industrialization of rural and backward […]
SEC-194N- TDS ON CASH WITHDRAWAL (inserted w.e.f. 01.09.2019) Section 194N provides that any person being (Payer) (i) a banking company (ii) a cooperative society carrying on business of banking (iii) a post office who is responsible to pay, in cash, any sum or aggregate of sums exceeding 1 crore rupees during the previous year, to any person (recipient) […]
Introduction of PAS-6 in Corporate System Form PAS-6 (Reconciliation of Share Capital Audit Report on a half-yearly basis) and It’s Applicability The introduction of PAS-6 by the Ministry of Corporate Affairs in pursuance to the sub-rule (8) of rule 9A of the Companies (Prospectus and Allotment of Securities) Rules, 2014 which amended vide Companies (Prospectus […]
Crowdfunding refers to the practice of funding a project or venture by raising money from a large number of people who each contribute a relatively small amount, typically via the Internet. The objective for raising such funds could be projects such as films, music, business ventures, or public interest causes. Small financial contributions from a number of persons cumulatively may fulfill the fund requirements of the Investee who otherwise lacked access to such funds.
Appointment and remuneration of managing director and whole-time director under companies act 2013 A Managing Director and Whole-time Director have been categorised as Key Managerial Personnel under Section 203 of Companies Act 2013. Apart from playing a key role in the overall growth and administration of the company, the Companies Act 2013 contains elaborate provisions […]
Concept of Beneficial Owner and Significant Owner {Section 89 & 90 of Companies Act, 2013} “Assessing beneficial ownership isn’t like looking for a needle in a haystack? Yes, it’s like looking for a needle in a pile of other needles and if you are the beneficial owner then you’ll be getting all the perks related […]
जीएसटी में दो प्रकार के डीलर होते है एक रेगुलर और दूसरे कम्पोज़िशन ! कम्पोज़िशन डीलर को वर्ष में 5 रिटर्न्स भरनी होती है ! चार तिमाही और एक वार्षिक ! वित्तीय वर्ष 2019 -2020 की वार्षिक रिटर्न फॉर्म को बदल दिया था! और फॉर्म तैयार न होने पर विभाग द्वारा इसकी अंतिम तिथि को […]
ARTICLE ON CHANGE OF REGISTERED OFFICE OF A COMPANY FROM ONE STATE TO THE ANOTHER STATE I have Written This Article contains Checklist for Change Of Registered Office of a Company From One State To Another State under Companies Act 2013. Checklist specifies Passing of Board Resolution in the Board Meeting of a Company Filing […]
Definition of Bonus Share A bonus share is a free share of stock given to current shareholders in the Company, based upon the current shareholding of shareholders. Although the total numbers of issued shared increases, but the ratio of numbers of shares held by each shareholder remains constant. Let’s understand this concept with an example:- […]
Understanding the challenges of insider trading laws in India compared to the UK. Explore the lack of surveillance tools and evidence gathering in insider trading investigations.