In this article, we understand all about the CFSS 2020 and LLP Settlement Scheme including its various benefits, highlights, and the consequence of not extending these schemes.
The Micro, Small & Medium Enterprises (MSMEs) are defined in India under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 on the basis of capital investment made in plant and machinery, excluding investments in land and building.
As of late, an outpour of demands requesting the government to extend the due date for CFSS is being seen on social media. Consequently, hashtags such as #Extend_CFSS and #CFSSExtension have been trending on Twitter.
MCA introduced a scheme where all the companies which have defaulted in previous filings, can settle and make fresh compliance from now on. This Scheme is known as Company Fresh Start Scheme (CFSS) 2020.
The Companies Act 2013 has specifically envisaged a concept of valuation for which a section is even in force. Section 247 of the Companies Act 2013 deals with the role of a registered valuer.
The role of corporates is very critical as it strongly influences the service delivery of a health system. In this article, we discuss the role of CSR in the improvement of Indian Public Healthcare Infrastructure.
MCA has introduced Rule 9A i.e. Extension of Reservation of Name in certain cases. This relaxation has been given to use reserved names up to 60 days from the date of approval of the name, on payment of specific fees.
In this editorial, the author shall try to cover all such amendments along with the impact of the same on the Corporates.
The Government of India (“GOI”) is committed to improving the process of doing business in India. This initiative of GOI is running under the name of ‘Ease of Doing Business in India (EODB).
In this article, we have provided a Format of Form DIR-2, which is the form that has to be filed while giving Consent to a person, to Act as a Director of a Company.
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