As Artificial Intelligence works for every industry, it certainly has a significant impact on the accounting and finance industries as well.
A Sole Proprietorship is a business entity that is wholly owned and controlled by an individual, it is a good form of business for individuals who want to start small but as business grows it necessitate converting it into some greater form for greater advantages.
Rule 37 of the Limited Liability Rules, 2009 deals with the striking off name of Defunct LLP. Defunct means those LLPs which are not functioning or not operating.
A Company is a Big Holistic and Multi Dimensional Business organization and multiple functions take place on daily basis.
Transmission of shares is a process by operation of law where under the Shares are registered in a Company in the name of deceased person or an insolvent person are registered in the name of his legal heirs by the Company on proof of death or insolvency as the case may be.
The company must extinguish all its liabilities as a first step for strike off.
MGT-14 needs to be Filed by a Company with the Registrar of Companies (RoC) in accordance with section 94(1) and 117(1) of the Companies Act 2013 and the rules made thereunder.
Non-banking financial companies (NBFCs) are a vital part of the Indian financial service system. NBFC’s have multiplied in large numbers and serving the public at large to support the financial inclusion program with affordable credit at home.
The article highlights all about RTP and AS 18
In the series of FAQs in this article, we have considered the critical issues around financials of a company under the Act and LODR vis-à-vis COVID-19 and have provided certain check points that the directors and the management need to adopt
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English