Every company is required to maintain statutory registers as per the Companies Act,2013 which are placed at the registered office of the company. The registers contains the records of the company such as details of members, directors, charges, loans etc. In this article we will be discussing all the types of registers that have to…
Government of India has amended the Foreign Direct Investment (FDI) policy for India’s neighboring countries to discourage opportunistic investment in Indian companies in the midst of the COVID-19 pandemic. According to this amendment, FDI investments into Indian companies from the neighboring countries will now require permission from the Indian government. Before this new amendment FDI…
Certain Changes made in the credit utilization criteria in Form GSTR-6, filed by Input Service Distributors (ISDs) by GST department. These changes are likely to be implemented on the GST portal with effect from 14.04.2020. During the implementation of this change, any data which is lying in Form GSTR-6 of ISDs, in saved stage, will…
Table of Content Preliminary What does the term Insolvency and Bankruptcy means? Purpose of Insolvency and Bankruptcy Code, 2016 (IBC) Insolvency and Bankruptcy Board of India Applicability of Insolvency and Bankruptcy Code, 2016 (IBC) Exception of applicability of Insolvency and Bankruptcy Code, 2016 (IBC) Corporate insolvency Corporate Insolvency Resolution Process (CIRP) Fast Track Insolvency Resolution…
Table of Content Steps for Alteration in object Clause of Memorandum of Association Restriction Regarding the Alteration in the Object Clause of the Company The Section – 13 read with rule 29 of Companies (Incorporation) Rules, 2014 deals with the alteration of object clause of Memorandum of Association of the Company. This Article contains the…
Table of Content Types of NGO Registrations in India Trust registration Society Registration Section -8 Company (Foundation) NGOs are legally established organizations which are generally considered to be non-profit oriented groups whose ultimate purpose is to work for public interest, and they work independently from the Government. Generally, the activities of NGO’s are to promote the…
Table of Content Taxability of the gains arising on a slump sale Calculation of Net worth Compliances under Companies Act 2013 In accordance with Section 2(42C) of the Income-tax Act 1961. A ‘Slump Sale’ means the transfer of one or more than one undertakings as a result of the sale for a lump sum consideration…
Table of Content What are Goods and Return Forms? GST forms for Registration GST forms for Return GST forms for Payments GST forms for Refund GST forms for ITC GST forms for Appeals What are Goods and Return Forms? Government has issued various forms for GST related compliances to be made by taxpayers and for…
Table of Content Circumstances Under Which a can become Director Disqualified Make it How to Remove Director Disqualification A Director is person who is under pressure to perform certain functions on behalf of Company’s shareholders for the proper functioning and taking the Company toward growth. The Companies Act, 2013 has certain special provision which deals…
Coronavirus (CoV) is a giant family of viruses that causes illness. It beings from the common cold to more severe diseases like Middle East Respiratory Syndrome (MERS-CoV) and Severe Acute Respiratory Syndrome (SARS-CoV) which are deadly. The novel coronavirus is a new force of virus that has not been identified in human creatures so far….