MSME Form 1 is a form that must be completed by “Specified Companies” that receive supplies from Micro, Small, and Medium Enterprises in the form of goods or services. It is filed twice a year, implying that it is a semi-annual return. Furthermore, this form must be filed, and failure to do so may result…
A dividend is often declared to investors in the form of cash distribution from the company’s earnings. Rather than reinvesting cash back into the firm, a company may choose to pay a dividend to its shareholders. Dividends are important for investors. They improve stock investing profits, provide an additional metric for fundamental analysis, lower portfolio…
On July 30, 2021, the Limited Liability Partnership (Amendment) Bill, 2021 was introduced in the Rajya Sabha and will come into force from 1st April 2022. The Limited Liability Partnership Act, 2008 is being amended by this bill. The Act regulates limited liability partnerships (LLPs). A limited liability partnership is a type of corporation that…
Boards of directors may be one of the remaining bastions of male dominance in the country’s corporate environment. Women on the board, who were largely relatives of the powers that be, usually kept their mouths shut. This institution, on the other hand, has now risen up. In addition, the number of women nominated as directors in…
The preparation of a document called a memorandum of association is one of the first steps in the establishment of a corporation (hereinafter referred to as MOA). Also, the firm’s Memorandum of Association outlines the fundamental criteria on which the company was founded. However, every registered business should have a Memorandum of Association (MOA), which…
In areas where more focus, specialization, and technical discussions are necessary, committees as a means of boosting board effectiveness and efficiency. These committees lay the framework for decision-making and report to the board of directors at the next meeting. Committees help to better manage the time of the entire board by allowing for the more…
Every entrepreneur looks forward to the first step in beginning a business, which is establishing a legal identity by registering a company. Also, companies are in charge of legal documents that outline the dos and don’ts of doing business. Memorandum of Association (MOA) and Articles of Association (AOA), sometimes known as company charters, outline a…
A trademark can be any word, phrase, symbol, design, or a combination of these things that identifies your goods or services. It is how customers recognize you in the market and differentiate you from your rivals. Trademark registration gives a separate identity to your brand. In this blog we are going to talk about what…
Each entity accountable for the business is relied upon to lead an audit on a day by day, week by week, month to month, half-yearly, or yearly basis. The Company should direct an audit to decide its monetary adequacy, just as to check the Annual Accounts, Risk Policy, Compliance, and different guidelines that apply to…
The Foreign Emergency Management Act of 1999 (FEMA) governs cross-border funds, foreign exchange transactions, and even trade between Indian residents and non-residents. FEMA is a short Act with 49 sections, and its operation is similar to that of any other corporate law. FEMA has a number of rules and standards that must be followed. If…