GENERAL UNDERSTANDING: As physical properties are transferred, the same way trademarks are also transferred. This transfer of trademark is called Assignment of trademark. In general terms, Assignment means transfer of title, rights, interest and benefits from one person to another person. Thus, Assignment of trademark means transfer of Owner’s title, rights, interest and benefits to […]
Article explains Purpose of Form PAS-6 (Reconciliation of Share Capital Audit Report), Statutory Provision related to Form PAS-6, Applicability (Rules) related to Form PAS-6, Non Applicability of Rule 9A, Date of Deployment of Form PAS-6, Last Date of filling of Form PAS-6, Key details required for Form PAS-6 and Fees for the Form PAS-6. 1. […]
TOP REASONS WHY TRADEMARKS ARE IMPORTANT FOR STARTUPS AND SMALL BUSINESSES In the everyday life of a consumer, trademark strikes huge in mentoring their decision while choosing the products. Trademark symbol on the superscript of any brand name creates trust and cosy feel for brands, so customers can be easily attracted. Trademark logo, simply makes […]
REVISED FORM 26AS-ANNUAL INFORMATION STATEMENT FROM ASSESSMENT YEAR (AY) 2020-2021- A FACELESS HANDHOLDING OF THE TAXPAYERS Overview of revised 26AS Provisions The CBDT notifies vide notification number 30/2020 the revised Form 26AS which is effective from June 1, 2020. Budget 2020-21 had introduced a new Section 285BB in the Income Tax Act to implement revised […]
Understanding Changes/ Amendments to SEBI (Prohibition of Insider Trading) Regulations, 2015. – July 2020 SEBI has vide notification dated 17th July 2020, notified the Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2020. The amendment regulations amend certain regulations as well as certain clauses of the Schedules to the SEBI (Prohibition […]
SEBI has compiled all its instructions by a master circular under the topic “Commodity Derivatives Market”, a compendium of usage to all dealing with share markets in India and abroad. Containing 15 chapters as per the details given below, it is a treasure hove requiring frequent reference by all investors, debenture holders, foreign investors, and […]
Reconciliation of Share Capital is understood as to tally the records of dematerialised and physically held securities with all the securities, on regular basis. In other words, it is reconciliation of total Share Capital held in DMAT form with NSDL & CDSL and in physical form by the shareholders with the total Capital admitted, issued and listed capital, if any.
Issue of Share Capital Private Placement (Procedure And FAQ As Per Companies Act 2013) ISSUE OF CAPITAL- PRIVATE PLACEMENT OF SHARES A private placement is a mode of raising of capital that involves the sale of securities to a relatively small number of selected investors. A private placement is different from a public issue in […]
Background Lets talk about a very general reality between a Client and their Statutory Auditors 1. Statutory Auditor would meet you personally Once in a year and have a look at your Accounts Quarterly if you are interested in paying Advance Tax 2. The Client would be sending the data for GST return filing on […]
In the year September 2017, the Ministry of Corporate Affairs (‘MCA’) had struck off 2,00,000 Companies from the record of Registrar of Companies (‘ROC’) that were suspected to be ‘shell companies’ and also directed banks to restrict the operation of bank accounts of these companies by the directors or their authorized representatives. It is crucial to […]
