Can a Foreigner Start a Business in India? Yes, a foreigner can start a business in India. India welcomes citizens of almost all countries to invest in India. However, with effect from 17th April 2020 vide Press Note No. 03 (2020 Series), citizens / companies…
Due to pandemic situations MCA has given the various relaxation in the provision of Companies Act 2013 for ease of doing business and same announcement is made by our Hon'ble Finance Minister Ms. Nirmala Sitharaman by their Twitter handle 1. Extension of Companies Fresh Start…
Ministry of Corporate Affairs (MCA) vide General circular No. 29/2020 dated 10th September 2020 extended the last date of filing of Form CRA-4 for FY 2019-20 under the Companies Act 2013. MCA has decided that if cost audit report for the financial year 2019-20 by…
Ministry of Corporate Affairs vide Notification No. G.S.R. 538(E) dated 28th August 2020 amended Rule 12 Sub Rule (1) of Companies (Management and Administration) Rules, 2014. The amendment states that: “Provided that a company shall not be required to attach the extract of the annual return…
MCA Amended the Schedule VII of the Companies Act 2013 MCA vide notification No. G.S.R. 525(E) dated 24th August, 2020 amended the Schedule VII of the Companies Act 2013. The notification stated that: In the said Schedule, for item (ix) and the entries thereto, the…
Every company i.e. Private Company, Public Company, One Person Company, Small Company after incorporation is required to comply with rules regulations compliances entrusted on such company by the act on such time period as may be prescribed. Therefore following are the compliances to be done…
What is Refund Process? The user is required to make various payments to avail MCA21 services. A number of instances have been observed where the users make multiple payments or incorrect payment or excess payment while using these services. In order to allow the stakeholders…
MCA prescribes the format of indemnity bond for application for striking off name of a Government Company Ministry of Corporate Affairs vide notification dated 29th June, 2020 has amended the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016 to provide…