Procedure for Closure (Strike off) of Company in India
1. Voluntary Closure or Strike off Section 248-252 of the Companies Act, 2013 read with Companies (Removal of Names of Companies from the...
Company Law
DIR-3 KYC & Step for filling Form
What is DIR-3 KYC? DIR-3 KYC is a new form launched by the MCA. This form will be used to...
SA 299 (Revised) :Joint Audit of Financial Statements
Standard on Auditing (SA) 299 (Revised) Joint Audit of Financial Statements:- Standard on Auditing (SA) 299 (Revised), “Joint Audit of...
Employees Stock Option Plan (‘ESOP’)
The ESOP refers to ‘a plan’ for the benefit of the Employees of a Company, who make the Companies operational,...
Related Party Transactions (RPT) under Companies Act, 2013
INTRODUCTION It’s not uncommon that every company in its day-to-day business enters into various transactions with parties with whom they...
Preference Shares Issue & Redemption of by A Private Limited Company
Statutory provisions regarding Issuance of preference shares: – According to the provisions of Section 55 of the Companies Act 2013 a company...
Applicability of CSR Provisions to Section 8 Companies
Background Purpose of introduction of Corporate Social Responsibility (hereinafter referred to as ‘CSR’) is to make corporates concerned towards the...
All about One Person Company
A One Person Company (OPC) is best suited for people who wish to be sole entrepreneurs. It is a new...
MCA adds 22 more Forms in List providing Waiver of Additional Fee if filled upto 31-07-2021
The Ministry of Corporate Affairs (MCA) has notified the list of forms providing waiver of additional fee. Earlier, the MCA...
Conversion of Company into LLP
The following won’t be recognized as ‘transfer’, and hence, no capital gain to be arise on the same: -Any transfer...