If anyone wishes to invest their money in shares then they must gain complete knowledge about the stock market before initiating any investment. Otherwise, there are huge chances that you might suffer unbearable losses. In this article, we discuss all the possible differences between preference shares and equity shares. Preference Shares Preferred Stocks also known [...]
Ministry of Corporate Affairs (MCA) has issued several amendments in certain rules made under the Companies Act, 2013 on May 07, 2018. This Article made an attempt to analyze important changes in Companies (Appointment of Directors) Rules, 2014 which was last amended by the Ministry of Corporate Affairs in New Delhi dated 22.01.2018. If [...]
DIR-3 KYC for Professionals Know your customer, alternatively acknowledged as know your client or KYC, is the process of a business identifying and verifying the identity of their clients. The Central Government has drawn-out the policy of KYC (Know Your Client) for the Directors too. Identical to the Bank KYC, where the government wishes to [...]
The private limited company is amongst the most popular form of starting a business. Once your private limited company is registered, then you are required to follow many Compliances of Private Limited Company. There is a list of some common Compliances of Private Limited Company that are mandatorily followed: Compliance Requirement Description and Timeline [...]
Ministry of Corporate Affairs (MCA) has issued several amendments in certain rules made under the Companies Act, 2013 on May 07, 2018. This Article attempted to analyze important changes in Companies (Prospectus and Allotment of Securities) Rules, 2014, which was last amended by the Ministry of Corporate Affairs in New Delhi dated 15.02.2018. Ministry of [...]
Introduction According to the Companies Act, it is mandatory for all the companies registered in India to maintain books of accounts and get it audited by a Chartered Accountant in practice every year after the closing of each financial year. For the Audit of Private Limited Companies, the audited report along with the financial [...]
SPICe- One Day Company Incorporation The procedure for company incorporation is provided under Section 7 of the Companies Act, 2013. Companies (Incorporation) Rules, 2014 which came into effect from 1st April 2014 was framed by the Central Government for company incorporation. Rules are prescribing various Forms that are to be used for the incorporation of [...]
According to the exercise of powers that are conferred by Section 73 and Section 74 read with the Sub-section (1) and the Sub-section (2) of Section 469 of the Companies Act,2013, the Central Government in consultation with the Reserve Bank of India, herewith makes the further amendments in the Companies Acceptance Deposit Rules, 2014. [...]
Introduction- Companies Amendment Act of 2017 Before discussing the Companies (Audit and Auditors) Amendment Rules, 2018 let's see a brief about companies act 2017. On the 3rd January 2018 Companies Amendment Act, 2017 receives approval from the President. Since the Ministry of Corporate Affairs has notified many sections of the Companies Amendment Act 2017 [...]
The Companies (Registration Offices and Fees) Second Amendment Rules, 2018 was notified by the Ministry of Corporate Affairs on 7th May 2018. For all Professionals and Entrepreneurs, who are directors of a company this rule plays an important role in their lives. By implementing this rule, there will be a very significant increase in the [...]
