Post by: Dinesh Pandiyan in Company Compliance
PAS-7 Form: Form for Details of Pending Share Warrants In October 2023, the Ministry of Corporate Affairs (MCA) in India introduced a form called PAS 7. This form is used to inform the Registrar about the details of pending share…
Post by: Dinesh Pandiyan in Company Compliance
Form MGT-6 - Applicability, Fees, Due Date & Filing Procedure Form MGT-6, a key company compliance document under the Companies Act 2013, is mandated by Section 89(6). This eForm is filed with the registrar to declare the persons who are…
Post by: Renu Suresh in Company Compliance
Consequences of AOC Non-Compliance: Frozen Bank Accounts This guide explores the situation where a company's bank account is frozen because the company has been struck off, often due to not filing financial statements with the Ministry of Corporate Affairs (MCA).…
Post by: Dinesh Pandiyan in Company Compliance
Stamp Duty on Issuance of Share Certificates A Stamp duty is a tax imposed on legal documents crucial in validating transactions like property transfers and share certificates. It holds significant importance as a revenue source for the government, ensuring proper…
Post by: Renu Suresh in Company Compliance
Revised Form URC-1 - Company Registration under section 366 Form URC-1 plays a crucial role in registering different business entities under the Companies Act of 2013 and the Companies (Authorised to Register) Rules of 2014. Companies (Authorized To Register) Amendment…
Post by: Renu Suresh in Company Compliance
MCA Clarification on the Spending of CSR funds for "Har Ghar Tiranga" Campaign The Ministry of Corporate Affairs (MCA) vide General Circular No. 08/2022 dated July 26, 2022, has clarified that spending of funds towards the ‘Har Ghar Tiranga’ campaign…
Conglomerate Mergers A conglomerate is a large company that is composed of smaller companies acquired over the years. A conglomerate merger is a merger that involves two firms from unrelated business industries and activities. Though conglomerates are less popular today…
Post by: Mansi Sawant in Aadhaar Company Compliance Company Compliance2 Company Registration Income Tax Legal MCA
Convert a Sole Proprietorship to a Private Limited Company Sole Proprietorship is a business entity that is wholly owned and controlled by an individual, individuals who want to start a business can register Sole proprietorship. As the business grows it…
Post by: IndiaFilings in Company Compliance
Board Resolution for Loan from Bank Whenever a company raises loans from the bank, the Board of Directors must execute a Board Resolution for availing the loan and mortgaging any property of the company, if required as per the loan…
Post by: IndiaFilings in Company Compliance
Board Resolution for Increase in Authorised Share Capital Authorised share capital is the amount of shares a company can issue to its shareholders. Most companies in India are incorporated with an authorised share capital of Rs.1 lakh or Rs.10 lakh.…