FLA is an Annual Return on Foreign Liabilities and Assets that is required to be filed by Indian Companies and LLPs. It is mandatory under FEMA 1999 and is to be filed by July 15 every year.
Provisions, compliances and regulations that a company or a director must comply with while dealing in matters related to a directorship in a company with a number of landmark judgements for more understanding.
Private company is a company that restricts the right to transfer its shares and prohibits any invitation to the public to subscribe for the same. Let us discuss the Annual Compliances of a Private Company.
Where a dividend has been declared by a company but has not been paid or claimed within 30 days from the date of the declaration by any shareholder then it shall be transferred to an “Unpaid Dividend Account”.
The Cabinet on 28th July 2021 approved amendments to the LLP Act for decriminalizing offences under the law as the government looks to improve ease of doing business and encourage start-ups.
The MoF has notified a new set of rules to add sub-rule (6) in rule 19A of the Securities Contracts (Regulation) Rules, 1957 to provide an exemption to listed PSUs.
Form MGT-9 is an extract of the annual return which contains details of the Company for one Financial Year and is annexed to the Board's Report of the Company.
The Delhi Assembly on 30th July 2021, passed the Delhi Goods and Services Tax (Amendment) Bill, 2021, which is aimed at smoothening the taxpaying process, strengthening accountability and minimizing room for tax evasions.
Mark your calendars with these twelve due dates that lie in the month of August 2021 under the Companies Act 2021.
MCA has issued two notifications on 22nd July 2021, Commencement of Section 4 of Companies (Amendment) Act, 2021 and Companies (Incorporation) Fifth Amendment Rules, 2021 effective from 1st September 2021.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English