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HOW TO INCREASE AUTHORISED CAPITAL OF A COMPANY

By | 2019-06-24T15:26:02+05:30 June 24th, 2019|Categories: Uncategorized|

The authorised capital of a company is the maximum amount of share capital that the company is authorized by its constitutional documents to issue (allocate) to shareholders. Part of the authorized capital can (and frequently does) remain unissued. The authorized capital can be changed with shareholders' approval. The part of the authorized capital which has been issued to shareholders is [...]

BENEFITS OF LIMITED LIABILITY PARTNERSHIP OVER PARTNERSHIP

By | 2019-06-22T17:17:05+05:30 June 18th, 2019|Categories: Uncategorized|

MEANING LLP: A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. PARTNERSHIP:  A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, [...]

FSSAI (Food Safety and Standards Authority of India)

By | 2019-06-18T16:36:29+05:30 June 18th, 2019|Categories: Uncategorized|

Food Safety and Standards Authority of India (FSSAI) is an autonomous body established under the Ministry of Health & Family Welfare, Government of India. The FSSAI has been established under the Food Safety and Standards Act, 2006 which is a consolidating statute related to food safety and regulation in India. FSSAI is responsible for protecting and promoting public health through [...]

GST REGISTRATION

By | 2019-06-12T15:15:41+05:30 June 12th, 2019|Categories: Uncategorized|

GST REGISTRATION GST is said to be one of the biggest tax reform in India. It has helped in the improvement of business and increasing tax payer base by bringing up all the small businesses in India. It has converted all the multiple taxes that we have to pay into a single system. The tax complexities have reduced while the [...]

COMPANIES (INCORPORATION) FIFTH AMENDMENT RULES, 2019

By | 2019-06-11T13:01:20+05:30 June 10th, 2019|Categories: Uncategorized|

Ministry of Corporate Affairs (MCA) recently released a notification introducing rules and amending Companies (Incorporation) Fifth Amendment Rules 2019 which will come into effect from 10th May, 2019. In the process of Incorporation of a new company, a unique name of the company must be reserved with the Ministry of Corporate Affairs (MCA). Rule 8 of Companies Incorporation Rules 2014 [...]

COMPANIES STRIKE OFF RULES, 2019

By | 2019-06-05T16:42:28+05:30 June 5th, 2019|Categories: Uncategorized|

On Wednesday, 8th May, 2019 The Ministry of Corporate Affairs issues Companies (Removal of Names of Companies from the Register Of Companies) Amendment Rules, 2019. The rules would come into effect from Friday 10th May, 2019. Let us look at the relevant forms required.   RELEVANT FORMS : FORM STK-2 : Application by company to RoC for removing its name [...]

ALL ABOUT NIDHI COMPANY

By | 2019-04-05T17:34:01+05:30 March 26th, 2019|Categories: Uncategorized|Tags: |

Nidhi Company is a one of the category of non-banking financial company structure that performs the functions of lending and borrowing of money within its members. The word Nidhi in the Indian context means “Treasure or Money”. Before registering a Nidhi Company it is important for you to understand certain important facts about it.   NIDHI COMPANY MEANING : A [...]

ALL ABOUT INC 22A OR E-FORM ACTIVE (ACTIVE COMPANY TAGGING IDENTITIES AND VERIFICATION)

By | 2019-04-02T12:41:05+05:30 February 26th, 2019|Categories: Uncategorized|

Ministry of Corporate Affairs (MCA) vide Notification dated 21 February 2019, inserted a new Rule 25A which mandates every company formed on or before 31st December 2017 to File a new form called as E-Form INC 22-A (Active Company Tagging Identities and Verification) also known as E-Form ACTIVE   WHO ALL ARE REQUIRED TO FILE E-FORM INC 22A/ E-FORM ACTIVE [...]

FORM DPT-3 : RETURN OF DEPOSITS

By | 2019-02-07T17:00:36+05:30 February 7th, 2019|Categories: Uncategorized|Tags: |

MCA vide notification dated 22nd January 2019introduced Rule 16 and Rule 16A under Companies (Acceptance of Deposits) Rules, 2014 which makes mandatory for every company except Government Company to file one time and annual return of outstanding deposit, money or loan received by company   WHAT IS THE IMPORTANCE OF EFORM DPT-3 ? ANNUAL RETURN : Every Company to which [...]

Certificate of Commencement of Business -The Companies (Amendment) Ordinance 2019

By | 2019-01-23T18:42:15+05:30 January 23rd, 2019|Categories: Uncategorized|

The Companies (Amendment) Bill 2019 was introduced on 12th January 2019 to replace the Companies (Amendment) Ordinance 2018 which was effective from 2nd November 2018. As per the Amendment there are certain rules and provision which has introduced.    WHAT IS CERTIFICATE OF COMMENCEMENT OF BUSINESS ? A certificate of incorporation is a legal document relating to the formation of a company [...]

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