What is an LLP (?) A Limited Liability Partnership (LLP) is an alternative corporate structure that offers the benefits of limited liability to the partners. Limited Liability Partnerships (LLP) are emerging ever since the introduction of the Companies Act, 2013 as the compliances and disclosures for a Company have increased. The compliances and disclosures in …
I. Audit Trail Meaning: An audit trail is a register of every action, event, or activity a user or a system did with your data. Thus, it can be related to creation, modification, deletion of records, or can be a sequence of automated system actions. In accounting, an audit trail is used to trace back …
Major Amendments in Companies Act, 2013 relating to Accounts & Audit Read More »
The Central Government has vide Notification GSR 92(E) dated 01st February 2021 amended the Companies (Specification of Definitions Details) Rules, 2014 which has come into force on the 1st day of April 2021. As a result of the amendment, the definition of Small Company has been revised with the intention to bring in more companies …
Definition of Non- a Banking Financial Company (NBFC) A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 or 2013 engaged in the business of loans and advances acquisition of shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature leasing, hire-purchase, insurance business chit business …
Employee Stock Option Plans (ESOPs) are generally framed to reward employees for their performance, contribution to the Company. When an employee gets ESOPs from the company, it means he gets the right to purchase a certain number of shares in the company at a predetermined price after a predetermined period or periods. It also serves …
In order to promote better corporate compliance and facilitate ease of doing business in India, the Ministry of Corporate Affairs (“MCA”) has decriminalized various offences under the Companies Act, 2013 (hereinafter referred as “Act”) by introducing the Companies (Amendment) Act, 2019, and the Companies (Amendment) Act, 2020. The brief timelines are as follows: The aspects …
Decriminalization of various offences under Companies Act, 2013 Read More »
Background: Securities and Exchange Board of India vide notification dated 13th August 2021 has amended the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), and the said amendment is named as Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Fourth Amendment) Regulations, 2021 (“Amended Regulations”). …
SEBI (LODR) (Fourth Amendment) Regulations, 2021 Read More »
Foreign Direct Investment (FDI-LLP) in Limited Liability Partnerships (LLP) formed and registered under the Limited Liability Partnership Act, 2008 is governed under Foreign Exchange Management (Non-debt Instruments) Rules, 2019 which have superseded Foreign Exchange Management (Transfer by Issue of Security by a Person Resident outside India) Regulations, 2017 vide Notification S.O. 3732(E) issued by Ministry …
Foreign Direct Investment (FDI-LLP) in Limited Liability Partnerships Read More »
The objective of preparing this guide is to give an insight about Start-ups, its various stages, about Start-up India Scheme, the process of recognition, funding options for start-ups and the benefits of being a Start-up. The document also covers the basic compliances to be undertaken under various acts like Companies Act, 2013, Income Tax Act, …
R&A Associates is a Professional Services firm rendering a wide spectrum of Corporate Secretarial Services. We aspire to provide quality services to our clients based on their entity structure, objective, future plans & business requirements. We pioneer in managing compliances & delivering solutions to our clients through our unique engagement models and one such model …
Retainer Engagement Model for Corporate Secretarial Services Read More »
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