2 Revisions Loans & Investments under Section 186(1) of the Act: Section 186 of the Companies Act, 2013 deals with the Loans and Investments by a Company. Section 186(1) of the Act states that a Company shall make investment through not more than two layers of investment companies. ‘layer’ in relation to a holding Company […]
Analysis of Section 186 pursuant to Companies (Amendment) Act, 2017 Read More »
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
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India is a developing country. It is the world’s fifth-largest economy by nominal GDP and the third-largest by purchasing power parity. According to the IMF World Economic Outlook (April-2019), the GDP (nominal) of India in 2019 at current prices is projected at $2,972 billion. India contributes 3.36% of the total world’s GDP on an exchange
How to Register a Company in India? Read More »
What is FEMA? Foreign Exchange Management Act often abbreviated as FEMA is an Act of the Parliament of India. FEMA was introduced to consolidate and amend the law relating to foreign exchange to facilitate external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India. Transition period {FERA
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Background The business world is expanding and the customer requirements are high with stiff competition all around therefore organizations are finding ways and means for expanding their business by collaborating with other organizations to achieve their objectives and gain positive synergy. Joint Venture is a business proposition usually based on an agreement where the parties
Joint Ventures – Features, Advantages And Disadvantages Read More »
Equity shares are one of the main sources of funds for Companies. Equity shares represent the ownership of a company and capital raised by the issue of such shares is known as ownership capital or owner’s funds. The following are its basic features of Equity Share Capital: Right to vote Right to receive dividend Right to transfer freely without
Equity Shares- One Of The Main Source Of Funds For Companies Read More »
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 »
1. BACKGROUND The certification/attestation of documents by a Chartered Accountant is of immense value since it signifies that the Chartered Accountant, in his professional capacity, has ensured that there is no misrepresentation of facts in the document certified or attested and such documents are relied upon by the investors, shareholders, bankers and other stakeholders. Malpractices
Unique Document Identification Number (UDIN), a new concept Read More »
The Department of Women Development and Child Welfare of Government of Telangana has recently launched a Web-Portal called ‘T-SHe Box’ to provide a single window access to women employees to register their complaint against Sexual Harassment at Workplace. Requirements as per Act: The POSH (Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013,
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 »