OPC Annual Filing– Important Statutory due dates for FY 2020-21 One Person Company is a company that has only one person as its member. Being just one member company, the OPC has lesser compliance requirement compared to Private Limited Company or […]

MGT 7A- An Abridged Annual Return Form for One Person Company and Small Companies- MCA issues Companies (Management and Administration) Amendment Rules, 2021 Ministry of Corporate Affairs on 5th March 2021 to amend Companies (Management and Administration) Rules, 2014, released […]

Compliance calendar for the Month of March 2021 Being the last month for the financial year, March is a significant month from the point of view of the tax compliance and other statutory due dates for ROC filing, GST return […]

E-Form PAS-6 Under rule 9(A) of the Companies (Prospectus and Allotment of Securities) Rules, 2014 The MCA (Ministry of corporate affairs) has introduced a form i.e. E-Form PAS-6 (Reconciliation of Share Capital Audit Report to be submitted on a half-yearly […]

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 […]

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 […]

Introduction to One Person company The idea of one person company for the corporate laws is a revolutionary idea introduced by the Companies Act 2013. Earlier in the old company Act 1956, where a minimum of two directors and shareholders […]

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 […]

Compliance calendar for the Month of December 2020   The Month of December, 2020 is very significant with regards to the statutory due dates for ROC filing, GST return filings and Income tax filing falling in this month. A lot […]