The Ministry of Corporate Affairs (MCA) vide General Circular no. 15/2020 dated 10th April 2020, has issued FAQs on Corporate Social Responsibility in related to COVID-19. In this sensitive stage of pandemic in India, the…
Section 149 and 152 of the Companies Act, 2013 along with allied rules governs the procedure of appointment of Director in a Private Limited or Public Limited Company. Let us first understand the various nature…
Compliances has always been an integral part of operating a Company. But now, in this 21st century and new era of technology and increasing number of frauds it has become mandatory for the Government to…
The name “Nidhi” in Nidhi Company means “Treasure”.The purpose of incorporating a Nidhi Company is to encourage savings as well as thrift amongst its members. To fulfil this objective of cultivating the habit of saving…
In brief COMPANIES FRESH START SCHEME, 2020 (CFSS-2020) The Ministry has received various representations from stakeholders requesting for grant of one-time opportunity, so as to enable them to compete their pending compliances by filing necessary…
MCA has introduced online proficiency test will be conducted by the Indian Institute of Corporate Affairs (IICA) which is mandatory all the Independent Directors. The role of Independent Directors first came into limelight after the Satyam…