Corporate Law Articles

All About the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2021

CS Tanveer Singh Saluja 11 June 2021 at 13:32

MCA has released the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2021 wherein amendments have been made in Forms IEPF-4 & IEPF-7.

All about ROF registration in India: Everything you should know about Firm Registration

Ishita Ramani 10 June 2021 at 09:51

Discussing what is a Partnership Firm, the process for ROF (Partnership Firm) Registration, documents required for ROF registration and benefits of Firm (ROF) registration.

Related Party Transactions under the Companies Act

Neethi V. Kannanth 09 June 2021 at 09:32

Provisions regarding Related Party Transaction are encapsulated u/s 188 of the Companies Act, 2013 which provides that a company cannot enter into any contract or arrangement with a related party except with the prior approval of the Board.

Amendments in MCA E-Form Agile Pro

CS Lalit Rajput 08 June 2021 at 11:51

MCA via a notification dated 07th June 2021 has notified the Companies (Incorporation) 4th Amendment Rules 2021 wherein a new form Agile Pro - S has been released.

Compliance Calendar for the month of June 2021

CA. Mohit Kumar 07 June 2021 at 09:20

This Article contains compliance requirements under various Statutory Acts for which the due date falls in the month of June 2021. Do note the same to avoid penalty, interest, or late fee.

Acceptance Of Deposits: Section 73 to 76 of the Companies Act 2013

CA. Peeyush Sharma 05 June 2021 at 09:35

Deposit is one of the sources available with a company to raise funds for meeting its short term and long-term fund requirements. Section 73 to 76 of the Companies Act 2013 regulate the invitation and acceptance of deposits.

Changes in IGAAP Reporting Framework by MCA w.e.f 1st April 2021

Mehul Gada 05 June 2021 at 09:35

MCA has made certain changes in the financial reporting framework prescribed under Division I of Schedule III of the Companies Act, 2013. These changes are applicable w.e.f April 1, 2021.

Relaxation on Levy of Additional Fees: Updated list by MCA

CS Tanveer Singh Saluja 03 June 2021 at 14:40

The MCA has again revised the list of forms for which relaxation was provided vide General Circular No. 06/2021 & 07/2021, by adding 13 new forms in the existing list. Same has been listed in this article.

Appointment of Key Managerial Personnel (KMP) - Section 203 of the Companies Act, 2013

Neha Rajan Redekar 03 June 2021 at 09:40

As per Section 203(2), every whole-time key managerial personnel of the company shall be appointed by means of a board resolution containing the terms and conditions of the appointment, including the remuneration.

Practical Approach: Form CFSS-2020

CS Tanveer Singh Saluja 02 June 2021 at 17:34

CFSS-2020 is required to be filed by Companies who have filed belated forms/documents in the MCA-21 registry under the Companies Fresh Start Scheme, 2020 during the moratorium period from 1st April 2020 to 31st December 2020.