Section 185 of Companies Act 2013 deals with prohibitions, relaxations and exemptions on the part of companies towards lending of loans, providing security & guarantee to the directors of such a company or any other…
A company is to have an official registered office from the fifteenth day of its incorporation to be able to receive and acknowledge all communication and notices that are addressed to it. Further, the verification…
Change in Object clause of the Company involves Alteration of Memorandum of Association of the Company. Section 13 of Companies Act 2013 regulates the process of amendment in Memorandum of Association and is applicable to…
One person Company means a company which is wholly managed and controlled by a single person. The management of OPC comprises of only one person which consists of 100% of shares in that company. OPC…
MCA has further deferred applicability of the Companies Auditor’s Report Order (CARO) 2020 from FY 2019-20/ 2020-21 to 2021-22, i.e. CARO 2020 shall be applicable in respect of financial years beginning with 01/04/2021 onwards, as…
PRESS NOTE Income Tax Financial Services Relaxations for 3 months• Debit cardholders to withdraw cash for free from anyother banks’ ATM for 3 months• Waiver of minimum balance fee• Reduced bank charges for digital trade…
What is Director Identification Number? DIN is a unique Director Identification number allotted to an existing or a proposed Director of the company allotted by the Central Government. DIN once allotted is valid for lifetime of a director…