From its inception, information technology (IT) has been changing the way business is done. IT is changing the basis of business from labor and manual skills to knowledge management. The workplace has changed significantly over the last half-century due to information technologies, mainly due to automation of existing processes. Technology has become an inseparable part […]
Read More →Law Reference: Sec. 96 of the CA’2013 provides that every Company other than OPC (One Person Company) shall in each year hold an AGM of its shareholders. Frequency AGM: Not more than 15 months shall elapse between the date of One AGM of the company and that of the next. Provided that First AGM of […]
Read More →LLP (Limited Liability Partnership) is the hybrid form of Partnership Firm and Company, which is governed by the Limited Liability Partnership Act, 2008. Unlike Partnership Firm it has to inform Registrar of Companies and to other Departments, time after time. Besides other reporting, LLP is required to file certain reports on due date basis. Let’s […]
Read More →Earlier the benami transactions are defined as a “transaction where a property is held by or transferred to a person, but has been provided for or paid by another person”. This Act has amended this definition by to add other transactions which qualify as benami, such as property transactions or arrangement where: where a property […]
Read More →Meaning: As per section 406 of Companies Act 2013 ,“Nidhi” means a company which has been incorporated as a Nidhi with the object of cultivating the habit of thrift and savings amongst its members, receiving deposits from, and lending to, its members only, for their mutual benefit ,and which complies with such rules as are […]
Read More →Compliance Description Events Periodicity Applicability/ Compliance Activity Exemption Penal Provision The Legal Metrology Act, 2009 & Legal Metrology (Packaged Commodities) Rules, 2011, Legal Metrology (General) Rules, 2011, Legal Metrology (Numeration) Rules, 2011 To establish and enforce Standards of Weights and Measures, regulate trade and commerce in weights, measures and other goods which are […]
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