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Government has been announcing and providing many reliefs to the new as well as existing entrepreneurs in many ways. Be it cheaper and easy loans, various incentives, easy compliances and relief under tax also. The aim of extending such facilities is to encourage and motivate entrepreneurs to start or expand…

The MCA has issued The IEPF Authority (Accounting, Audit, Transfer, and Refund) Amendment Rules, 2021 on June 9th, 2021 for amendment of the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer, and Refund) Rules, 2016. Here in this article, we will look into the IEPF Authority Amendment Rules 2021.…

Section 196 of the Companies Act, 2013 contains provisions about Appointment of Whole Time Director/Managing Director or Manager in a company. The section contains provisions as to who qualifies to be a director in a company. The section contains many events that render a person disqualified from becoming a director.…

Cryptocurrency is a digital currency that is used to buy goods and services. These are types of currency are generally issued by various companies called as a token. These tokens are used for buying goods and services which are provided by the company. To excess goods and services of the…

Director Identification Number (DIN) was introduced in 2006 under section 266A- 266G of the Companies (Amendment) Act, 2006. Under this, all the directors have to obtain a DIN. Directors are the key policymakers and look into the management of the company. The Companies Act, 2013 discusses in depth about the…

At the end of every financial year, companies in India have to file an annual return. There are numerous amendments related to the filing of annual returns. There has also been a lot of uncertainty regarding the requirement of Form MGT-9. The MCA has made attempts to reduce the lengthy…

In general words, liability means the responsibility of the person. In the company, there are the directors and KMPS (Key Managerial Personnel) as they have decision-making power as the company is an artificial person. So, the decision making power is in the hands of the directors and KMPs as they…

NBFC is the financial institution that is registered under The Companies Act,2013 and regulated by RBI Act,1934. Before commencement of these financial activities business entity, they have to get a certificate of registration from RBI. Financial Activity includes loans, advances, asset financing shares, debentures and other market securities. Therefore, the…

A relatively new concept of One Person Company (OPC) was introduced by the Companies Act, 2013 for people with dreams of entrepreneurship. The introduction took place for those who do not have much time, resources, or people for the execution of their business plan. It allows a single person to…

These days it has become a trend of being social and maintaining one’s identity on the digital platform. One of the social media example is Youtube which in the present scenario giving lot of opportunities to the people all around the world to not only explore but also showcase talents,…