Companies Fresh Start Scheme, 2020(CFSS) has been launched by MCA in the view of COVID-19 Outbreak. The scheme for companies will come into effect from April 1, 2020.
According to Section 90 of Companies Act, 2013; every company is required to file the declaration to the concerned RoC i.r.o. Significant Beneficial Owners of the company.
SEBI gave relaxation from the compliance to SAST Regulations in view of the COVID-19 outbreak. Relaxation in SAST regulations have been given with respect to due dates to meet disclosure requirements.
�Offence� shall mean any act or omission made punishable by any law for the time being in force. Offences are generally classified into Civil or Criminal offences which are further classified as COMPOUNDABLE OR NON COMPOUNDABLE OFFENCES.
Read the scope of the transfer of shares by the way of Gift. Also, read the related provisions which cover the transfers of shares by the way of Gifts.
In view of the COVID-19 outbreak some Special Measures under Companies Act, 2013 (CA-2013) and Limited Liability Partnership Act, 2008 have been taken to avoid any inconvenience caused to companies and LLP amidst COVID-19 Outbreak.
The Ministry of Corporate Affairs (MCA) recently amended the Companies (Share Capital and Debentures) Rules, 2014 (SCAD Rules) which would relaxed norms for shares with Differential Voting Rights (�DVR')that will help such companies to retain control while raising equity capital.
Consequences of delay in filing Form INC-20A/ Non complying with provisions of Section 10A of Companies Act, 2013 and Forms to be filed for MCA Appeal
Checklist for issue of Sweat Equity Shares under Companies Act, 2013. A brief on the procedure on how to start with the issue of Sweat Equity and the points to keep in mind before issuing the same.
The article emphasis on the term'undertaking' used under the section 180 (1)(a) of the Companies Act 2013.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English