Non-Financial Banking Company (NBFC)
NBFC MEANS- An NBFC (Non-Banking Financial Company) is a financial institution registered under the Companies Act, 2013 (or the earlier Companies Act, 1956). Unlike traditional banks, NBFCs are involved in…
Strike-Off of Companies
Understanding Company Strike-Off: Eligibility, Restrictions, and Consequences Incorporating a company is a major decision for entrepreneurs, but sometimes, closing it down is equally important. A company can be struck off…
PSARA License
Private Security Agencies (Regulation) Act, 2005 (PSARA)
OVERVIEW PSARA is enacted by the Government of India to provide regulations to private security agencies/Companies. It also provides for the guideline to registration of Private Security Agencies. In previous…
COMPANIES (Removal of Names of Companies from the Register of Companies) Amendment Rules 2020
Dated: 29th June 2020 G.S.R (E).- In exercise of the powers conferred by sub-sections (I), (2) and Sub-section (4) of section 248 read with section 469 of the Companies Act,…
CHANGE OF REGISTERED OFFICE FROM ONE STATE/ UNION TERRITORY TO ANOTHER- Companies Act, 2013
Every company must have a registered office capable of receiving and acknowledging all communications and notices as may be addressed to it, within 30 days of its incorporation and at…
Foreign Liabilities and Assets {FLA} Compliance Under FEMA
What is ?FLA(Foreign Liabilities and Assets) Return under FEMA (Foreign Exchange and Management Act, 1999) is Annual Return required to be submitted by all:India resident companies,Partnership firms,SEBI registered Alternative Investment…
MCA Update: Board Meeting Time-Frame Extension Through Video Confrencing or other Other Audio Visual Means
Dated: 23/06/2020 In Exercise of the Powers Conferred by Section 173 177, 178 and Section 186 read with Section 469 of the Companies Act , 2013 ( 18 of 2013…
BOARD OF DIRECTORS: POWERS AND RESTRICTIONS
Background: Board of Directors is a recognized group of people under the company law who jointly oversee the activities of an organization, either for a profitable business, non-profit organization, or a government…
