Blogs

FAQs on Corporate Social Responsibility(CSR)

June 28, 2021

ELIGIBILITY/APPLICABILITY: Which year’s profits, turnover and net worth will be reckoned for understanding the applicability of CSR? Immediately preceding financial year Profit...

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Board and General Meetings through Video Conferencing

April 8, 2021

BOARD AND GENERAL MEETINGS THROUGH VIDEO CONFERENCING The Companies Act, 2013 allows convening of Board Meetings through Video conferencing (VC) or any...

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New Criteria for Classification of Micro, Small and Medium Enterprises

September 28, 2020

The Ministry of Micro, Small and Medium Enterprises (MSME) has issued a notification dated the 1st June 2020 revising the criteria for...

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Due Diligence under Companies Act, 2013 and FEMA Regulations

September 28, 2020

About the client: Due Diligence is generally performed before a Company goes through any Private Equity investment or Change in the Management...

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

September 28, 2020

About the client: R&A Associates advised and assisted a client for conversion of an Unlisted Public Company to a Limited Liability Partnership...

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

September 28, 2020

About the client: R&A Associates has advised and assisted companies which have been struck off to revive back and commence its operations....

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Amendments in Indian Stamp Act, 1899

September 28, 2020

Background The Indian Stamp Act 1899 was implemented by British Government to generate revenue for the Government. Stamp duty is a tax...

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Amendment in the FDI rules to shield Indian Companies

September 25, 2020

Foreign Direct Investment (“FDI”) can be from Overseas Individuals, Foreign Companies or Foreign Institutional Investors under Automatic Route or Government Route. FDI...

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Spending of Corporate Social Responsibility (CSR) Funds for Covid-19

June 16, 2020

Introduction: Corporate Social Responsibility (CSR) is an important aspect of business. Corporate social responsibility (CSR) determines how companies manage their business processes to produce...

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Related Party Transactions as per Companies Act, 2013

June 5, 2020

I Background: With the growing participation of investors and other stakeholders in companies, the question of transparency in arrangements with related parties...

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Consequences of non-compliance under FEMA Act, 1999

May 18, 2020

FEMA Act, 1999: The Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange...

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Who can be a Partner/Designated Partner in a Limited Liability Partnership

April 18, 2020

Limited Liability Partnership- Background Limited Liability Partnership (LLP) entities are world wide recognized form of Business Organization. LLP’s in India are regulated...

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Companies Fresh Start Scheme, 2020 (CFSS-2020)

April 7, 2020

The Ministry of Corporate Affairs (MCA), has introduced the “Companies Fresh Start Scheme, 2020 (CFSS-2020)” to provide an opportunity to Companies to...

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Conversion of an Unlisted Public Company into Limited Liability Partnership

April 6, 2020

Limited Liability Partnership is a unique form of a legally recognized corporate entity, a partnership in which all partners (depending on the...

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Change in Financial year as per Companies Act, 2013

April 3, 2020

Background The Companies Act, 2013 has defined the term Financial Year in order to ensure uniformity of financial year among all companies. Under the previous...

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