In India, there are around 1250 Laws applicable in different terms in different manner. Some laws use word Prohibition and some use Restriction. But, these both terms are being used in different sense at different locations. To interpret the meaning of these words to be applied at specific provision in Law, it is necessary to […]
A listed entity needs to ensure that all available information about the impact of major events such as the spread of Covid–19, on the company and its operations is communicated in a timely and cogent manner to its investors and shareholders.
The Pandemic outburst of Covid-19 has not left India untouched in any manner. This Pandemic has not only affected the human beings but has also led the economy to doldrums. The journey of stalling of businesses in India prominently started with the onset of lockdowns in India. The lockdown was justified in the sense that […]
1. What is a Startup? Startup India is an initiative of the Government of India. Startup India program was launched on 16th January, 2016. Intended to build a strong eco-system for nurturing innovation and Startups in the country that will drive sustainable economic growth and generate large scale employment opportunities. The Government of India throughthis […]
The Respondent initiated arbitration proceedings for the outstanding fees and the Plaintiff had failed to pay such charges. As the proceedings are substantially for recovery of money, it leads to a commercial relationship between the parties under Section 45 of the Act;
Central Board of Direct Taxes (CBDT) has notified the Income-tax Return Form-1 applicable for the Assessment Year (AY) 2020-21 vide Notification No. 31/2020 dated- 29th May, 2020. The applicability and Changes in the ITR Form is as under: Applicable For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, […]
Article contains Checklist For Allotment of Shares With Respect To Companies Act,2013 and Checklist for Post Allotment Compliance With Respect To Reserve Bank Of India Act, 1934. This is a checklist of documents and procedure required to allot foreign shares to an Indian company after receiving FDI in India. Checklist For Allotment of Shares With […]
Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013. As per the MCA Circular No. General Circular No. 23/2020 dated 17th June, 2020, the Central Government in exercise of its powers under Section 460 read with Section 403 of the Act and the Companies (Registration Offices […]
Registration of Branch of a Foreign Company A. Overview of Branch of a Foreign Company: Any Foreign Body Corporate (incorporated outside India) /Firm/AOI (Association of Individuals) who wants to expand their business in India and wants to reach the Indian Customers, then it may be done by establishing a Liaison Office (LO)/ Branch Office under […]
Note on Relaxation on Filing of forms for creation/ modification of Charge (Form CHG-1) SCHEME FOR RELAXATION OF TIME FOR FILING FORMS RELATED TO CREATION OR MODIFICATION OF CHARGES UNDER THE COMPANIES ACT, 2013 Every Company which creates/modifies the charges needs to file the form CHG-1 (Creation and modification) within 30 days from the creation/modification. […]
