MCA clarification regarding the migration of Forms GNL-2 and MGT-14 Introduction The Ministry of Corporate Affairs (MCA) has issued a Circular notifying the filing of Forms GNL-2 (filing of prospectus-related documents) and MGT-14 (filing of Resolutions relating to prospectus-related documents) […]
Eligibility criteria for FCRA Registration and Renewal Process of FCRA Registration Introduction Section 6(1) of the FCRA (Foreign Contribution Regulation Act), 2010 requires charitable trusts, societies, and Section 8 companies that receive foreign contributions or donations from foreign sources to […]
Modified guidelines for other service providers (OSPs) Introduction On June 23, 2021 Shri Ravi Shankar Prasad, Union Minister of Electronics & Information Technology, Communications, and Law and Justice, announced that the Department of Telecommunications (DoT) had issued modified guidelines for […]
Appointment of Nominee Director under the Companies Act, 2013 Introduction A nominee director is a director in a company who has been chosen to serve on the board of directors by financial institutions, banks, or investors. The appointment of nominee […]
A guide to EPCG Scheme Introduction This is a scheme that allows an importer (who is an exporter) to import capital goods for zero percent customs duty. The EPCG Scheme (Export Promotion Capital Goods Schemes) helps to make it easier […]
What are compliances to be filed by section 8 Companies every year? Introduction Section 8 companies are non-governmental organizations are established with the intention of encouraging sports, commerce, charitable activities, science, art etc. These types of companies are registered to […]
A guide on Designated Partner of a company Introduction The LLP Agreement specifies that a Designated partner gap must be closed within 30 days of its formation. Each LLP member is an established partner if no designated partner is selected […]
56 company forms will be released by MCA (Ministry of Corporate Affairs) on 9th and 23rd January, 2023 Introduction The Ministry of Corporate Affairs (MCA) is releasing a second set of company forms, totaling 56 forms in two lots, on […]
Accounting practices for online businesses Introduction Accounting is important for both online and offline organizations since it offers essential information about the financial health of both. Examining your financial documents and monitoring your development will help you make decisions regarding […]
