The Ministry of Corporate Affairs introduced a great amendment through Companies (Management and Administration) Amendment Rules, on 5th March, 2021. As per the amendment every company except OPC and small company shall file its annual return in MGT-7. One Person… Read More
National CSR Exchange Portal
National CSR Exchange Portal is an initiative of Ministry of Corporate Affairs. The National CSR Exchange Portal as a PAN based E-Marketplace for CSR stakeholders in which the implementing agencies and the CSR spending companies can work together. The National… Read More
MCA extends validity of reserved name for Company Incorporation and Resubmission of Forms
The ministry of Corporate affairs on 23rd April, 2020 extended the validity of names reserved for the new incorporation and change of name of already registered companies beyond 20 days counting from 3rd May,2020, when the lockdown was extended for… Read More
CFSS 2020 (Companies Fresh Start Scheme 2020)
The Ministry of Corporate Affairs Vide its General Circular No. 12/2020 Dated 30/03/2020, has launched the Companies Fresh Start Scheme 2020 that offers the condonation of delay with regard to filing of various forms, returns and documents with Ministry of… Read More
Relief measures announced by the Finance Minister with relate to Regulatory and Statutory Compliances in view of the COVID-19 outbreak in the Country
Finance Minister Smt. Nirmala Sitharaman today announced several relief measures in view of the COVID-19 outbreak via video conferencing in the areas of Income Tax, GST, Customs and Central Excise, Corporate Affairs, Insolvency and Bankruptcy (IBC), Banking Sector and Commerce.… Read More
INC-20A (DECLARATION OF COMMENCEMENT OF BUSINESS)
Ministry of Corporate Affairs has Introduced E-From INC-20A (Declaration of Commencement of Business), in compliance with the provisions of section 10A(1)(a) of the Companies Act, 2013 and Rule 23A of the Companies (Incorporation) Rules 2014. As per the new provisions… Read More
INC-22A(ACTIVE)
MCA vide its notification dated 21st February, 2019 and Companies (Incorporation) Amendment Rules, 2019 introduced Form INC-22A (Active i.e Active Company Tagging Identifies and Verification) which is hereby referred as the KYC of the Companies. Who is required to file… Read More
SECTION 8 COMPANY
Definition As per section 8 of the Companies Act, 2013, such companies are defined as the companies whose objectives are to promote the fields of arts, commerce, science, research, education, sports, charity, social welfare, religion, environment protection or other related… Read More
All about Dir-11 and Dir-12
All about Dir-11 and Dir-12 As per Sections 7(1) (c), 168 & 170 (2) of the Companies Act, 2013, in case of appointment, resignation or change in designation of a director Form Dir-12 is required to be filed by the… Read More
ANNUAL RETURN UNDER GOODS AND SERVICE TAX ACT, GSTR-9
Annual Return under GST 1. What is Annual Return GSTR-9 The GST department has mandated form GSTR-9 Annual Return under GST regime to be filed annual by all registered taxpayers who are registered under Goods and Service Tax act including… Read More