How to Appoint an Internal Auditor for Your Company   Introduction Appointing an internal auditor is an essential step for any business. Internal auditors play a crucial role in evaluating the accuracy of records and the effectiveness of operations. This process […]

10 Things That A Nidhi Company Cannot Do As An NBFC Nidhi Company is basically a company that aims to start a company with less capital. Whereas a Non-Banking Financial Company (NBFC) company requires huge capital investment at the start. […]

Section 8 Company- Process of registration and everything you need to know What is Section 8 Company? A group or company is referred to as Section 8 Company when it registered as a Non-Profit organisation (NPO) i.e. while it has […]

Form PAS-6 is applicable under Rule 9(A) of the Companies (Prospectus and Allotment of Securities) Rules. The Ministry of Corporate Affairs (MCA) introduced E-Form PAS-6 to help companies reconcile their share capital audit reports every six months. Companies must submit […]

Compliance necessity in India- Where does India stand compared to other countries? Compliance Complexity in India In recent times, India has emerged as the biggest and fastest growing economy in the world. The government of India’s “Make in India” campaign […]

Trust, Section-8 Company & Society In India, a non-benefit association for a beneficent reason can be enlisted as a Trust, Society and Section 8 Company. A magnanimous reason for existing is characterized under Section 2(15) of Income Tax Act “altruistic […]

How to start an IT Business in India?- List of Business structures, process of registration etc. India lately has emerged as one of the fastest growing economies of the world. There are infinite opportunities and resources for all kinds of […]

No blanket extension for Companies Fresh Start Scheme In April 2020, the Ministry of Corporate affairs introduced a scheme that was called “Companies Fresh Start Scheme, 2020” under which the defaulting companies were given a chance to complete compliance and […]

Extend due dates of CFSS-2020, LLP Settlement Scheme- ICSI Amid the chaos of COVID 19 pandemic, back in April, the Government announced two schemes namely CFSS, 2020 (Companies Fresh Start Scheme, 2020) and LSS, 2020 (LLP Settlement Scheme, 2020) which […]