INCOME TAX Company intending incorporation can now apply for PAN/TAN in Form INC-7 prescribed under Companies Act 2013 [Notification No. 38/2015][F.No.142/15/2013-TPL] In exercise of the powers conferred by section… Read More
After a long wait, MCA has notified the Companies (Auditor’s Report) Order, 2015 (CARO) on 10thApril, 2015. There was a lot of debate amongst professionals as to whether CARO will… Read More
MCA UPDATE ON DEPOSITS BY PRIVATE LIMITED COMPANIES Amounts received by private companies prior to 16t April, 2Ol4 shall not be treated as 'deposits' under the Companies Act,2013 GENERAL… Read More
No disallowance if TDS is deposited before due date of filing return; amendment to sec. 40(a) (ia) has retro-effect Section 40(a) (ia) of the Income-tax Act, 1961 - Business disallowance… Read More
DELISTING REGULATIONS FOR EQUITY SHARES The Securities and Exchange Board of India (“SEBI”), issued a notification dated June 10, 2009 on delisting of equity shares from stock markets through the… Read More
ALL ABOUT THE APPOINTMENT OF THE DIRECTORS BRIEF INTRODUCTION Appointment of Directors shall be made according to the Articles of Association (AOA) or as per the provisions of section 152 of the… Read More
COMPANIES ACT 2013 NAMING AND REGISTERING A BUSINESS IN FORM OF COMPANY In India, incorporation of a company is governed by the Companies Act 2013. It is the most important piece… Read More
Guidelines For Mobile Virtual Network Operators Set To Launch Themselves In India Recent media reports confirm that the Mobile Virtual Network Operators (“MVNOs”) have been allowed by the Telecom Commission… Read More
Defaulting Companies in Statutory Filings with the ROC 1. Introduction:- It is well-known that numerous companies do not file their documents in a timely manner with the Registrar of Companies… Read More
PROCEDURES FOR CONVERSION OF PARTNERSHIP FIRM TO PRIVATE COMPANY STEP 1 HOLD A MEETING OF THE PARTNERS TO TRANSACT THE FOLLOWING BUSINESS Assent of majority of its members as are… Read More