Corporate Law Articles
MCACMS - AI based Compliance Monitoring System
The Ministry of Corporate Affairs nowadays heavily concerned on enhancing corporate compliance level and transparency among the companies and in this regard they have created 'Ministry of Corporate Affairs Compliance Monitoring System' (MCACMS) which will be an Artificial Intelligence based mechanism.
Legal Remedies available to a Home Buyer against the Builders
Legal Remedies available to a Home Buyer against the Builders
Independent Directors - Leveraging Governance
Increasing stakeholder's activism has stimulated the role of Independent Directors. It has been decided in the case of 'Central Government vs Sterling Holiday Resorts (India) Ltd. and Ors' that 'Independent Directors should be appointed to strengthen the Board'.
20 FAQ's on e-form MSME-1
MCA has made amendments under Schedule III has made amendments and introduced Companies(Furnishing of information about the payment to micro and small enterprise suppliers)Order 2019 thereby notified filing of Form MSME-1.
20 FAQ's on EPF advance to fight COVID-19 pandemic
Employees' Provident Fund Organization, India, Ministry of Labour & Employment, Government of India has issued FREQUENTLY ASKED QUESTIONS ON EPF ADVANCE TO FIGHT COVID-19 PANDEMIC Dated 26/04/2020.
Eligibility of CSR expenditure through a registered trust on school
CSR is intended for spending on welfare areas for which the government claims to lack funds and requires assistance. Yes, Corporate can claim Contribution given to a School though any trust and/or Corpus of trust for the purpose of promoting education.
Compliances and rules for Nidhi Companies
Nidhi shall file a return of statutory compliances in Form NDH-1 within 90 days from the closure of the financial year with the Registrar duly certified by a Company Secretary in practice or a Chartered Accountant in practice or a Cost Accountant in practice.
Stepwise guide to incorporate a company through SPICe+
SPICe+ is the new form by the government to make it further easier for incorporating a business in India. The new web form, Simplified Proforma for Incorporating Company Electronically Plus (SPICe+), integrates various services from various ministries and departments.
Checklist for Compliance Requirements for Insurance Companies by IRDA
Insurance companies basically play the role of pulling resources and investing it. They are often looked upon with a lot of expectations and are surrounded by a whole lot of social ideas and various complex economic patterns.
MCAs clarification on passing of resolution require members approval
MCA released a circular a few days back, allowing people to pass a resolution of urgent nature through postal ballot or e-voting without holding a general meeting.
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