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.
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.
Ministry of Corporate Affairs has issued a myriad of amendments in the Companies Act, 2013 in July 2021. Let us discuss the same.
Agricultural & Processed Food Products Export Development Authority is a government organization that was established to develop and promote the export of scheduled products.
There are many ambiguities in the minds of corporates and professionals about the treatment of Loan from Shareholders, as to whether the same is considered as a deposit or not?
As per Section 187(1), 'All investments made or held by a company in any property, security or other assets shall be made and held by it in its own name.'
Analysing which are the entities to whom a company can give Loan/ Guarantee/ Security etc' under Section 185 of the Companies Act, 2013 after amendment by the Companies Amendment Act, 2017.
Section 2(76) - Definition of Related Party Transaction, Section 188 - Related Party Transaction and Section 189 - Registration of transactions in which directors are interested.
As per Section 186(2), no company shall directly or indirectly give any loan to any person or give any guarantee or provide security in connection with a loan to any other body corporate or person.
After receiving the approval of the Union Cabinet on 28th July 2021, MCA had tabled the LLP (Amendment) Bill, 2021, in the upper house of the Parliament which was passed on 4th August 2021.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English