In this editorial author shall discuss about each aspect of MSME-1 form.MSME-1 form first time introduced by MCA notification dated 22 January 2019.
In this editorial author shall discuss about the transactions with example required to be mentioned in MSME-1
As per the MSME Act, 2006, if any company has delayed in payments to an MSME vendor, then they have to pay a huge amount of interest and report a default in their financial statements.
If a company files MSME-1 after the due date or fails to file the MSME-1 form, then legally, the company is liable to pay penalty u/s 450 of the Companies Act, 2013.
Once a director is disqualified u/s 164(2), they shall be eligible to be re-appointed as a director of that company or appointed in another company for a period of five years from the date of disqualification.
In this series of editorial, the author shall discuss the Quick bites on Annual Filing for the F. Y. 2020-21
In this series of editorial, the author shall discuss the Quick bites on 'Extension of AGM for the FY 2020-21'.
One Person Company is a company that has only one person as its member. Being just one-member company, the OPC has lesser compliance requirement compared to Private Limited Company or Limited Liability Partnership.
In this article, we shall discuss on clarification of circular no 02/2021 in respect of Extension of Annual General Meeting of f.y. 2020-21 till 31 December 2021.
In this editorial, the author shall discuss the Process and provisions of extension of Due Date of Annual General Meeting (hereafter referred as "AGM").