COMPOUNDING OF AGM SHORT SUMMARY: In this editorial author shall discuss the provisions of Compounding of AGM. Many professionals asked this question, How to go for compounding in case of holding of AGM after Due date. We will also published video on this topic on our YouTube Channel …
ADJOURNMENT OF AGM SHORT SUMMARY: In this editorial author shall discuss the provisions of Adjournment of AGM. Many professionals asked this question that, if the company adjourned AGM and held after Due Date. Whether company required to go for compounding or not? We will also publish a video on this topic on our YouTube Channel …
Important Amendment, LLP (Amendment) Act, 2021 In the Budget 2021, our hon’ble financial minister announced about Amendment in LLP Act. In continuation of same, Ministry of Corporate Affairs issued a press release on 03rd February 2021. https://pib.gov.in/PressReleasePage.aspx?PRID=1694837 Further in continuation of the same Wednesday, 28th July, 2021 Cabinet has passed LLP Amendment Bill, 2021. This …
SHORT SUMMARY: Recently MCA has issued a Notification on 11th January 2021 for amendment in “Companies (Registration Offices and Fees) Amendment Rules, 2022”. This notification is stated about “Higher Additional fees in Certain Cases”. Language of Circular: The additional fees and higher additional fees shall be applicable in delay in filing of certain forms in …
SHORT SUMMARY: This editorial is based on the importance of the compliance of the Provisions of the Companies Act, 2013. As a lot of amendments have come into the Companies Act, 2013 in the last 8 years. In Many places, ease has given and in many places, strictness has been made. The only motto of …
In this series of editorial, the author shall discuss the Quick bites on Annual Filing for the F. Y. 2020-21”. After receiving copious questions from our professional colleagues through our WhatsApp groups “Google Form”, inside this editorial, we have ventured to clarify all those questions received till date relating to the ‘Extension of AGM’.Quick Bites: …
Both house of Parlimant has approved LLP Amendment Bill, 2021. Finally, the same got approval of President of the India on 13th August, 2021 and become LLP Amendment Act, 2021. This is Act no. 31 of 2021. This Amendment Act shall amend the LLP Act, 2008. In this editorial author shall discussed about changes in …
Section-wise Impact of LLP Amendment Act, 2021 13th August 2021 Both houses of Parliament has approved LLP Amendment Bill, 2021. Finally, the same got the approval of President of India on 13th August 2021 and become LLP Amendment Act, 2021. This is Act no. 31 of 2021. This Amendment Act shall amend the LLP Act, …
In the Budget 2021, our hon’ble financial minister announced about Amendment in LLP Act. In continuation of same, Ministry of Corporate Affairs issued a press release on 03rd February 2021. https://pib.gov.in/PressReleasePage.aspx?PRID=1694837 Further in continuation of the same Wednesday, 28th July, 2021 Cabinet has passed LLP Amendment Bill, 2021. This will be the first time that …
Short Summary: In this series of editorial, the author shall discuss the Quick bites on ‘Annual Filings for F.Y. ended 31.03.2021”. As we have received numerous questions from our professional colleagues through WhatsApp groups “Gyan Gurukul”, inside this editorial we have attempted to clarify all those questions received till date relating to ‘Annual Filings for …
MANAGEMENT SERVICES – AUDITOR SHORT SUMMARY: In this editorial, Author shall discuss about “Management Services” which are not allowed to be provided by Statutory Auditors. Restricted Services by Auditor: An auditor appointed under this Act shall not provide the following services directly or indirectly to the company or its holding company or subsidiary company: – accounting …
SHORT SUMMARY: In this editorial, Author shall discuss about concept of Beneficial Interest, meaning of beneficial owner, registered owner, compliances in case of beneficial interest etc. REGISTERED OWNER: He is a person, whose name shall be enter into register of members but who does not hold the beneficial interest in such shares, legal interest vested …
Checklist on Board’s Report under The Companies Act, 2013 S. No. Particulars/Disclosure Format, if any Provisions Applicability OPC Small Private Public Select Public Listed 1. Extract of Annual Return (Extract of annual return relating to FY to which the Board’s Report relates shall be attached.) MGT 9 No Section for this …
GUIDANCE OF DRAFTING OF DIRECTORS REPORT / CHECKLIST OF DIRECTORS REPORT Read More »
Short Summary: In this editorial author shall discuss everything in relation to Annual Filing of a Private Limited Company. As we know every company whether working or not working must comply with certain provisions of Companies Act, 2013. Like: preparation of Financial Statement, Annual Return, Holding of Annual General Meeting etc. Index of Editorial: Mandatory …
Everything about Abridged Annual Return (MGT-7A) OPC and Small Company Ministry of Corporate Affairs has issued a Notification on March 05, 2021 as Companies (Management and Administration) Amendment Rules, 2021, Chapter VII of the Companies Act, 2013. These rules came into effect from March 05, 2021. Amendment in Rule 11 i.e. “Annual Return”: in rule …
Which MGT-7 should file by Small Companies? Short Summary: Ministry of Corporate Affairs (MCA) by amendment in Rule 11 of Companies (Management and Administration) Amendment Rules, 2021 has introduced e-form MGT-7A as annual return of Small Companies and OPC w.e.f. financial year 2020-21 on wards. MGT-7A available on MCA since 17th July 2021. In this …
MGT-9 (Extract of Annual Return) Applicability for F.y. 2020-21 There is always a question for discussion “Whether companies required to file MGT-9 along with Directors’ Report?” What is MGT-9? MGT-9 is extract of Annual Return i.e. MGT-7. Every Company is required to attach MGT-9 with Directors Report and have to file in e-form AOC-4 with …
WHETHER MGT-9 REQUIRED TO PREPARE FOR F.Y. ENDED 31.03.2021 Read More »
List of 57 Form getting waiver of Additional Fees by ROC List of forms providing a waiver of an additional fee as per Circular no. 11/2021 and 12/2021 https://mca.gov.in/bin/dms/getdocument?mds=xIk8LHJKnBG4BVxlUSaSFQ%253D%253D&type=open S.No Form Id Form description 1 Form CHG-1 Application for registration of creation, modification of charge (other than those related to debentures) …
List of 57 Form getting waiver of Additional Fees by ROC Read More »
IEC Updation: Extension of Due Date In continuation to the DGFT notification No. 58, dated 12.02.2021, it is to inform you that the last date for modification/ updation of IEC has been extended up to 31.07.2021.
Short Summary: Ministry of Corporate Affairs has issued circular No. 11/2021 dated 30th June 2021 as title “relaxation on levy of additional fees of certain forms of Companies Act and LLP Act” As per Latest Notification: As per this circular, if the due date of any form (except CHG-1, CHG-4, and CHG-9) falling between 1st …
