With the spate of bank failures in independent India putting the depositors' money at risk, India passed DICGC Act in 1961 through which the Deposit Insurance & Credit Guarantee Corporation of India came into existence.
SEBI vide a Notification dated 20th July 2021, has introduced 'Relaxation in timelines for compliance with regulatory requirements by Debenture Trustees due to Covid-19'.
Discussing upcoming GST functionalities with regard to Registration in Form GST REG-21, Return under Form GSTR-10, GSTR-11, GSTR-1 and GSTR-5 deployed on the GST Portal in July 2021.
A beneficial interest is the right to receive benefits on shares held by another party. Beneficial interest is often referred to in matters concerning trusts, whereby one has a vested interest in the trust's assets.
Via an amendment in Rule 11 of the Companies (Management and Administration) Amendment Rules, 2021, MCA has introduced e-form MGT-7A as an annual return for Small Companies and OPC w.e.f. FY 2020-21.
Discussing the Mandatory yearly Compliances of a Private Limited Company, List of Annual Compliances and Details of Annual Filing of the Compliances of a Private Limited Company.
Every company shall file its annual return in Form No. MGT-7 except for a One Person Company and a Small Company who shall file their annual return from FY 2020-2021 onwards in Form No. MGT-7A.
Several representations have been received by MCA for setting off the excess CSR amount spent by the companies in FY 2019-20 by way of contribution to 'PM CARES Fund' against the mandatory CSR obligation for FY 2020-21.
Corporate Social Responsibility (CSR) is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.
Money laundering, in the simplest of senses, is defined as a means or process by which proceeds from criminal activities are disguised in order to hide their illegal origin.