The start-up India scheme is an initiative of the Government of India. The primary objective of this scheme is to promote start-ups, generate employment, and wealth creation. The Government has also introduced various benefits for startups. A brief note on the same is attached for your ready reference ..read more

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DUE DATE CALENDAR 2020 Particulars / Event Form No Due Date Extended Due date Declaration of Beneficial Interest by Significant Beneficial Owner BEN 2 31st March 2020 30th September 2020 Director web Based KYC DIR 3 KYC 30th April 2020 30th September 2020 Return of Deposits (Actual Deposits + Exempted Deposits) DPT- 3 30th June 2020 30th September 2020 Half yearly Return Under MSME Act (for the period October 2019 to March 2019) MSME Form I 30th April 2020 30th September 2020 Holding of Board meeting for quarter April 2020 to June 2020 – Each quarter and not more than 120 days ..read more

Introduction to XBRL: XBRL stands for eXtensible Business Reporting Language. XBRL is a language for the electronic communication of business and financial data which is revolutionizing business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. It offers cost savings, greater efficiency and improved accuracy and reliability to all those involved in supplying or using financial data. It is an open standard, free of licence fees, being developed by a non- profit making international consortium. Applicabil ..read more

As per Government of India’s Modified LLP Settlement Scheme, 2020 Sr No Title Particulars 1 Period 1st April, 2020 to 30th September, 2020 2 Applicable to Defaulting LLP i.e. – LLP registered under the LLP Act 2008 and – which has made a default in filing of documents under the LLP act 2008 and rules thereunder   Any defaulting LLP is permitted to file belated documents or returns which were due for filing till 31st August, 2020   3 Fee structure The defaulting LLPs, may file forms till 30th September, 20 ..read more

1.  Form 11 Annual Return 31st May 2022 2.  Form 8 Filing – Statement of Account & Solvency 30th October 2022 A Limited liability partnership has to prepare a statement of Account and Solvency as of 31st of March every year within a period of 6 months from the end of each financial year. The accounts of those limited liability partnerships shall be audited whose (i) turnover exceeds, in any financial year, forty lakh rupees, or (ii) contribution exceeds twenty-five lakh rupees ..read more

The Ministry of Corporate Affairs is launching new version (V#) of MCA21 on 24th May 2021. This Version will have additional modules for e-Adjudication, e-Consultation and Compliance Management ..read more

A company shall comply with the following procedure, for convening and conducting the Board meetings through video conferencing or other audio visual means. (1) Every Company shall make necessary arrangements to avoid failure of video or audio visual connection. (2) The Chairperson of the meeting and the company secretary, if any, shall take due and reasonable care – (a) to safeguard the integrity of the meeting by ensuring sufficient security and identification procedures; (b) to ensure availability of proper video conferencing or other audio visual equipment or facilities for providing trans ..read more

The Ministry of Corporate Affairs has vide General Circular No. 02/2021 dtd. 13th January 2021 allowed the companies whose AGMs were due to be held in the year 2020, or become due in the year 2021, to conduct their Annual General Meetings on or before 31st December 2021, in accordance with circular No. 20/2020 by video conferencing. This circular shall not be construed as conferring any Extension of time for holding AGMs by the Companies under The Companies Act, 2013 and the Companies which have not adhered to the relevant timelines shall remain subject to legal action under the Companies Act ..read more

Ministry of Corporate Affairs has introduced the most Awaited Scheme “Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013” vide General Circular no. 23/2020 issued on 17/06/2020. As per “Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013” only Such forms can be filed under this scheme with normal fee where: The timeline for filing such form had not expired under section 77 i.e. (i.e. 120 Days) of the Act as on O1.03.2020; or The due date of fili ..read more