Replacement of Resolution Professional in Liquidation case Section 33 of the IBC sets out the various circumstances in which the adjudicating authority must pass an order directing Liquidation case of the corporate debtor:
Alteration in memorandum of association Memorandum of association is the charter of the company and defines the scope of its activities. Memorandum of association defines the relation of the company with the rights of the members of the company interest and also establishes the relationship of the company with the members.
Important Changes by Companies Amendment Act 2017 The journey of Companies Amendment Act 2017 started on 16th March 2016 in Lok Sabha. Thereafter it was referred to Standing Committee Finance on 12th April 2016 for its examination. Committee after its examination and after receiving suggestions and views from professional Bodies etc. adopted its report on […]
Control Framework For Corporate Social Responsibility – CSR Corporate Social Responsibility (CSR), should, on one hand, reflect the Corporate Philosophy and on the other hand should ensure implementation of those activities which would meet the expectations of the society and the region in which the company functions.
Professional Collaboration UAE VAT The introduction of the Professional Collaboration UAE VAT from 1st January 2018 has opened up an ocean of opportunities: huge in the short term and sizable accounting and compliance services in the coming years. The professional opportunities include:
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 […]
Condonation of Delay Scheme, 2018 Under Condonation of Delay Scheme all companies registered in India including private limited company, one person company, limited company, section 8 company, and others are required to file the annual return with the Ministry of Corporate Affairs each year.