Transmission of shares is a process by operation of law where under the Shares are registered in a Company in the name of deceased person or an insolvent person are registered in the name of his legal heirs by the Company on proof of death or insolvency as the case may be.
The company must extinguish all its liabilities as a first step for strike off.
The Insolvency and Bankruptcy Board of India (IBBI) vide Facilitation / 001 / 2020 dated 08th May, 2020 has issued circular on Role of Resolution Professional / Liquidator in respect of Avoidance Transactions for educating the IPs and other stakeholders.
MGT-14 needs to be Filed by a Company with the Registrar of Companies (RoC) in accordance with section 94(1) and 117(1) of the Companies Act 2013 and the rules made thereunder.
Non-banking financial companies (NBFCs) are a vital part of the Indian financial service system. NBFC’s have multiplied in large numbers and serving the public at large to support the financial inclusion program with affordable credit at home.
The article highlights all about RTP and AS 18
Under section 205C of the erstwhile Act, certain amounts were prescribed which were required to be transferred to IEPF. However, under the Act, 2013 read with the IEPF Rules, certain additional amounts have been prescribed that shall be credited to the IEPF Fund.
This article contains various Compliance requirements for the Month of December, 2021 under various Statutory Laws.
Here is a calendar for various tax and Statutory due dates relating to ROC filing, OPC Annual Filing, GST Return Filing and Income Tax Filing falling in the Month of December, 2021.
Under the Startup India Action Plan, startups that meet the definition as prescribed under G.S.R. notification 127 (E) are eligible to apply for recognition under the program.
Live Course on GSTR 9 & 9C for FY 24-25(Detailed discussions, FAQ, Case studies and Live demo of GSTR 9/9C on GST Portal)