Corporate Law Articles

Financial Assistance Towards MSMEs

CS Lalit Rajput 27 July 2021 at 10:08

In view of the challenges faced by taxpayers due to the outbreak of the Novel Corona Virus (COVID-19), the Government of India has taken several taxation related measures for the industries, including MSMEs.

FAQs on Corporate Social Responsibility (CSR)

CS Divesh Goyal 27 July 2021 at 09:40

MCA has introduced the Companies (Corporate Social Responsibility Policy), Amendment Rules, 2021 that are applicable to FY 2020-21. CSR Spending has been made mandatory w.e.f FY 2020-21.

Latest Amendment in LLP Act

CS Divesh Goyal 27 July 2021 at 09:40

In Budget 2021, FM announced an Amendment in the LLP Act. In continuation of the same, MCA has issued a press release on 3rd February 2021. A new concept of Small LLP has been introduced.

Key Relaxation to small companies

CS Divesh Goyal 27 July 2021 at 09:40

The status of a company as a “Small Company” may change from year to year. Thus the benefits which are available during a particular year may stand withdrawn in the next year and become available again in the subsequent year.

Process of Conversion of OPC Into Private / Public Company

CS Divesh Goyal 27 July 2021 at 09:40

MCA has introduced the Companies (Incorporation), Second Amendment Rules, 2021 on 1st February 2021. An amendment in the Process of Conversion of One Person Company to Private/Public Company has been made.

All about LLP (Limited Liability Partnership)

Manju Laur 27 July 2021 at 09:06

Limited Liability Partnership is a combination of a company and a partnership firm. It has the limited liability of a company and flexibility of a partnership.

Analysis: IBBI (Insolvency Professionals) (Second Amendment) Regulations, 2021

CS Tanveer Singh Saluja 26 July 2021 at 18:58

Decoding the new set of regulations introduced by the Insolvency and Bankruptcy Board of India to amend the existing IBBI (Insolvency Professionals) Regulations, 2016.

Analysis: Companies (Incorporation) Fifth Amendment Rules, 2021

CS Tanveer Singh Saluja 26 July 2021 at 18:56

The Ministry of Corporate Affairs has inserted a new Rule 33A - Allotment of a new name to the existing company under section 16(3) of the Companies Act and a new Form INC-11C.

Analysis of CSR Amendment Rules, 2021

CS Divesh Goyal 26 July 2021 at 18:53

MCA has introduced the Companies (Corporate Social Responsibility Policy), Amendment Rules, 2021 under which, the CSR spending has been made mandatory from voluntary w.e.f. FY 2020-21.

Checklist of Directors Report under Companies Act, 2013

CS Divesh Goyal 26 July 2021 at 09:35

Discussing the Checklist for Director's Report under the Companies Act, 2013 with regard to the Board's Report, Event/Limit Based Disclosures, and Mandatory Disclosures by a Public Company and a Listed Company.