MGT 7 � Difficulty of Reporting Compliance in IndiaThe principle, �when the regulator is not clear what it wants, give the regulator what you want�, applies to the annual filing of 2015.MGT 7 is the Annual Return for all companies
{Section 165 of the Companies Act 2013}BACKGROUNDThe basic legal premise of limiting the number of companies which an individual can hold directorships is that it is essential for his efficient functioning and effectual carrying out his fiduciary dut
CARO 2015Applicability � Applies to all companies, including foreign companies,Except � It is not applicable to Insurance co, banking co, charitable organizations, one person Company & private company with equity of not more than 5
What is Track Exit (FTE) Scheme?Fast Track Exit Scheme is introduced by Ministry of Corporate Affairs for giving opportunity to non-operating companies for getting their names struck off from the records of Ministry of Corporat
Is Corporate Governance Real, a Myth or is it to be practiced in Spirit or Letter? It is very difficult to conclude; the intention to implement and practice corporate governance seems to be the SPIRIT and to toe this line the regulators bring out leg
The Ministry of Corporate Affairs (MCA) has introduced Form INC-29 � Integrated Incorporation Form in order to reduce the overall time in company Incorporation. In Form INC-29 all the steps of c
Among many of the subject matter under Companies Act, 2013, one of the most heated and topic of endless discussion is �Promoters�. The Concept of promoters has been newly inserted and defined under Companies Act, 2013 as under the Compan
Registering company by using Form INC-29Background:-Now, Very good news to all entrepreneurs who need to start a company .INC -29 form reducesthe time lag of registering company process. Ministry of Corporate Affairs has introduced FormINC-29 (with e
MANNER OF VOTING BY SHARHOLDERSVOTINGVoting Denotes a method by which a person express his wish or opinon in an authorised formal way or a mechaninsm through which the wishes of persons are ascertained in relation to a particular matter. It reflects
Dear Members..Section 92 of the Companies Act, 2013 corresponds to section 159, 161 and 162 of the Companies Act, 1956 and seeks to provide that every Company shall prepare an annual return containing certain particulars such as registered office, pr
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English