The argument put forward by NATC is that the present loss will be converted into Potential profitability with the expansion of the market and customers base and the accruing potential realization into sales and eventual profitability, but the period of conversion from the potential transaction to the profitable transaction is a question mark?
The Insurance Amendment Act of 1950 abolished Principal Agencies. However, there were a large number of insurance companies and the level of competition was high. There were also allegations of unfair trade practices. The Government of India, therefore, decided to nationalize insurance business.
MCA has issued General Circular No 2/2022 and 3/2022 in respect of clarification of holding of AGM & EGM through Video Conferencing (VC).
The SEBI has relaxed compliance of certain provisions of SEBI( LODR) Regulations, 2015 to align with MCA Circular dated 5th May, 2022 in which MCA has given relaxation to the listed companies for sending hard copies of for the Financial Statements for the year 2022 till 31st December, 2022.
In this editorial author shall discuss, the provisions, process, criticalities of Web-form LLP-08 i.e. LLP-08 is Statement of Account & Solvency and Charge to Registrar of Companies of LLP.
In a significant ruling, the Kerala High Court held that a Limited Liability Partnership could form a partnership with an individual or other persons.
Permission under FEMA is required to offer securities to companies of neighboring countries or countries sharing borders with India
In this article, we will discuss everything about gratuity, from the definition, gratuity calculation formula, to its eligibility.
In this article the author has tried to throw some light on the benefits and procedure to be followed while applying single point registration (NSIC Registration) in a brief manner
A foreign company in India is an entity that has been incorporated outside India, but happens to perform business operations and activities in India. It has been accurately defined under the Companies Act 2013.
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