Author name: Rna

New Criteria for Classification of Micro, Small and Medium Enterprises

The Ministry of Micro, Small and Medium Enterprises (MSME) has issued a notification dated the 1st June 2020 revising the criteria for classification of Micro, Small and Medium Enterprises. The changes have been made in the MSME definition by virtue of Aatmanirbhar Bharat Package on 13th May 2020. The new definitions and criteria will come […]

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Due Diligence under Companies Act, 2013 and FEMA Regulations

About the client: Due Diligence is generally performed before a Company goes through any Private Equity investment or Change in the Management or Funding from Bank or Financial Institutions. R&A Associates has been conducting Due Diligence of companies based on the specific purpose. In the present case, R&A conducted Due Diligence for a Company which

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Conversion of an Unlisted Public Company to a Limited Liability Partnership Firm [LLP]

About the client: R&A Associates advised and assisted a client for conversion of an Unlisted Public Company to a Limited Liability Partnership (LLP). The conversion must be in line with the provisions of Companies Act, 2013 and the Limited Liability Partnership Act, 2008. The Income tax act provision mentioned under Section 47 (xiiib) and the

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Case Study on Revival Of A Company Under The Companies Act, 2013

About the client: R&A Associates has advised and assisted companies which have been struck off to revive back and commence its operations. This particular client has been primarily engaged in the business of property development, civil construction contracts and infrastructure project development and construction work. The company was struck off pursuant to an order passed

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