Corporate Law Articles

How to Strike off a Company within 1 year of Incorporation?

CS Divesh Goyal 14 August 2021 at 16:30

If a company has not started any business since incorporation and promoters want to strike off within a year of incorporation, whether they can file STK-2 for strike-off? Let us discuss.

Addition in Disclosure of Financial Statement

CS Divesh Goyal 14 August 2021 at 09:11

MCA is increasing stringency in compliances and adding numerous additional disclosures in Financial Statements, Directors Report and Audit Report. The main purpose behind these amendments is to ensure more transparency.

How to take loan, before filing of INC 20A?

CS Divesh Goyal 14 August 2021 at 09:11

Can a company accept loan from Directors or any other person before the filing of INC 20A for general purposes like Opening of Bank Account, preliminary Expenses etc? Let us discuss.

MCA amends disclosure norms in financial statements (Schedule III)

CS Lalit Rajput 12 August 2021 at 09:43

MCA, vide notification dated 24.03.2021 has amended Schedule III to the Companies Act, 2013 effective from 01st April 2021 to mandate various disclosures by companies in their financial statements.

Short term Debt MF Opportunity in Liquid, Money Market and Ultra Short funds

Govind Thumar 10 August 2021 at 15:48

Money Market and Ultra Short Term funds are Debt Market Mutual Funds that invest in short term high graded debt securities. One should invest in these considering the flexibility of withdrawal.

IEC due date extended upto 31st August 2021

CS Lalit Rajput 10 August 2021 at 08:49

Period of modification of IEC is extended for the year 2021-22 only till 31.08.2021, and no fee shall be charged on modifications carried out in IEC during the period up to 31st August 2021.

Annual Compliance Calendar for a Public Limited Company

CS Divesh Goyal 09 August 2021 at 19:46

After the commencement of the Companies Act, 2013, from 01st April 2014, the Compliance requirement of the Companies have increased like MSME-1, BEN-2, Dematerialization of Shares etc.

Parliament approves LLP Amendment Bill, 2021

CS Lalit Rajput 09 August 2021 at 19:12

The Limited Liability Partnership (Amendment) Bill, 2021 was passed by the Lok Sabha on 9th August 2021 and by the Rajya Sabha on 4th August 2021. Let us understand the key highlights of the Bill.

How to apply for DIN before incorporation of company

CS Divesh Goyal 09 August 2021 at 13:34

As on date, there are only two options to get DIN. One with Incorporation Form and second with the Copy of Board Resolution of the existing Company.

GST Compliance Calendar for the month of August 2021

Tarun Kr. Gupta 09 August 2021 at 09:42

Important clarifications / amendments issued by the Government under GST in July 2021 and early August 2021 along with compliance timelines in August 2021 have been listed in this article.