Month: August 2019

Applicability of filing One-Time Return in Form DPT-3 Filing of one-time return of outstanding receipt of loan/money in Form DPT-3 was mandated by MCA Notification dated 22.01.2019  by amending Rule 16A of  Companies (Acceptance of Deposit) Rules, 2014.  “Every company other than Government company, shall file a onetime return of outstanding receipt of money or loan by a company but …

Filing of One-Time Return on Outstanding Loan in Form DPT 3 Read More »

All decision taken by the Board of Directors have to be documented by passing Board Resolutions. The proceedings of every Board Meeting along with the various resolutions passed are recorded in the form of Board minutes. Section 118 of the Companies Act, 2013 provides the detailed procedure for maintenance of minutes. At any point of …

Meaning And Importance Of Certified True Copy (Ctc) Read More »

Introduction The concept of “Convertible Notes” was first introduced vide Ministry of Corporate Affairs’ notification dated June 29, 2016 by way of amendment to the definition of Deposits. It is basically aimed to provide financing to a start-up company till it raises Series-A funding, with a simple and easy compliance procedure and without the requirement …

Issue Of Convertible Notes By Start Up Companies Read More »