Corporate Law Articles

PAS-6 | Reconciliation of Share Capital Audit Report

Mohit Gulati 20 July 2020 at 09:42

MCA, has amended the earlier rule 9A(8) of Companies (Prospectus and Allotment of Securities) Rules, 2014 and introduced the concept of filing of PAS-6 within a period of sixty days of the conclusion of each half-year basis after certification by a Company Secretary in practice or Chartered Accountant in practice.

MSMEs and Role of Professionals in Self Reliant India

Rupal 18 July 2020 at 14:13

MSME sector is the spine of the Indian economic structure and has interminably acted as the bulwark for the Indian economy, providing it buoyancy to fend off global economic shocks and adversities.

XBRL in India - Applicability, Documents, Timeline, Process, Penalty etc.

Narendra Shah 18 July 2020 at 14:12

XBR is a data-rich dialect of XML (Extensible Markup Language), the universally preferred language for transmitting information via the Internet.

What is Nidhi Company?

Niche Compliance 18 July 2020 at 12:28

Nidhi means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and saving amongst its members

Decoding MCA e-form PAS-6 terms

CS Lalit Rajput 17 July 2020 at 15:07

MCA vide General Circular dated 22ndMay, 2019 has come up with Reconciliation of Share Capital Audit Report (Half-yearly)pursuant to sub-rule Rule 9A (8) of Companies (Prospectus and Allotment of Securities) Rules, 2014 and has issued Companies

Reconciliation of share capital audit report in E-form PAS-6

Brajesh Kumar 17 July 2020 at 13:29

The due date of e-form PAS-6 is falling under moratorium period starting from 01.04.2020 to 30.09.2020 given by MCA vide General Circular dated 24th March, 2020 (special measures taken in view of COVID-19 outbreak).

Loans from Directors under Companies Act 2013

Pooja 17 July 2020 at 09:58

Loans from Director may be secured as well as unsecured. Unsecured Loans from directors may have zero rate of interest.

Corporate tax regime in Dubai (UAE): An overview

CS Lalit Rajput 15 July 2020 at 10:12

Dubai, a major business center in the Middle East has been treated as a tax haven for the Investors / Businessmen. The Taxation system is very satisfactory for the Businessmen and Investors.

How to change Registered Office Address of LLP?

Team Legal Window 14 July 2020 at 12:37

A Registered can be situated anywhere in India. However, sometimes it may happen that an LLP wants to shift its registered office from one place to another.

Increasing paid-up share capital: Through private placement

Nishant Mishra 13 July 2020 at 09:34

Section 2 clause (64) define paid-up share as "paid-up share capital" or "share capital paid-up" means such aggregate amount of money credited as paid-up as is equivalent to the amount received as paid-up in respect of shares issued and also includes any amount credited as paid-up in respect of shares of the company