Companies Amendment (Bill) 2017 Companies Amendment (Bill) 2017 was passed after incorporating certain notable amendments. The major amendments include definitions and clarification of certain terms in Section 2. Omission of provisions relating to Time limit 0f 270 days for certain filings, forward dealing and insider trading, doing away with the requirement of approval of the […]
Category Archives: Companies Affair
Company affairs policy,valuation under companies act,companies act 2013;Companies Amendment (Bill) 2017,Corporate Taxation,Laws,Acts,Circular,Notifications
MCA Limits Layering of Subsidiaries by Companies The Ministry of Corporate Affairs (‘MCA’) on September 20, 2017 notified the proviso to Section 2(87) of the Companies Act, 2013 (‘Act’) and the Companies (Restriction on the number of layers) Rules, 2017 (‘Layering Rules’). Prior to said notification, the restriction on the numbers of subsidiaries as specified […]
Government plans to make PAN the business Aadhaar for companies, NGOs After debating since the months, the government is now moving to make Permanent Account Number (PAN) the Aadhaar for business Aadhaar for companies as well as non-government organisations as it looks to close possible gaps for generation of black money. The ministry of corporate […]
ANNUAL GENERAL MEETING – HOW TO CALL Annual General Meeting Section 96 of the Companies Act, 2013 provides that every company other than a One Person Company shall hold a general meeting every year as its annual general meeting. This meeting is in addition to any other meetings conducted by the Company. More than fifteen […]
LLP registration in India The whole idea of Limited Liability Partnership (LLP) is very common in India. This specific partnership pinpoints the fact that some partners in a partnership may have limited liabilities. Importantly, under LLP one partner is not responsible or liable for another partner’s misconduct or in any negligence. One can definitely say, […]