Introduction We at Lawgical Startup have successfully completed an acquisition transaction of a running sick industrial unit at Umaria Dongaria, Jabalpur. This achievement highlights our dedication to rescuing distressed businesses and ensuring their sustainable growth. Acquisition of the Bamboo Stick Factory The Bamboo Stick Factory was on the verge of closure due to heavy debts…
In a significant development, the MCA vide notification no. GSR 802(E) dated October 27, 2023, notified the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2023. As per the amended norms, every private company except a small company must issue the securities only in dematerialised form within 18 months from the closure of the…
The Ministry has received various representations from stakeholders requesting for grant of one-time opportunity, so as to enable them to complete their pending compliances by filing necessary forms without higher/additional fees. In view of the same, the Ministry of Corporate Affairs (MCA) has come up with a new scheme COMPANIES FRESH START SCHEME, 2020 (CFSS-2020)…