Corporate Laws

Register or Buy existing LLP/ Private Ltd Company/ Public Ltd Company/ Section 8 Company

We also manage Taxation and all Statutory Compliances for Partnership Firms / LLP / Private Ltd Company/ Public Ltd Company etc. Stay compliant with the latest regulations effortlessly. Let’s work together to elevate your business! Please Connect with us for further Information and discussion. Sudheendra Kumar ( Mobile /WhatsApp: 91-9820088394) Team- Intellex Strategic Consulting Private …

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MUTUAL CREDIT GUARANTEE SCHEME FOR MSMEs (MCGS-MSME) for Collateral Free Loans upto INR 100 Crores approved by Govt.

The aim of the scheme is to strengthen MSME manufacturing sector . Government of India (GoI) has approved introduction of Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) for providing 60% guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions (MLIs) for credit facility upto Rs.100 crore sanctioned to eligible …

MUTUAL CREDIT GUARANTEE SCHEME FOR MSMEs (MCGS-MSME) for Collateral Free Loans upto INR 100 Crores approved by Govt. Read More »

Private Limited Companies issue shares etc, in demat form – MCA has notified amendments to PAS (Return of Allotment) Rules

✅ MCA has mandated private cos. (which are not Small Cos.) to issue securities (not just ‘shares’) only in demat form and facilitate demat process for all its securities. ✅ Presently, said provisions are applicable to unlisted public companies. ✅ Now, the said provision is applicable to cos. other than Small Cos., which includes: Foreign …

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MCA proposed to do away with Statutory Audit as per the Companies Act 2013 for small companies

MCA proposed to do away with Statutory Audit as per the Companies Act 2013 for small companies As per news updates, the Ministry of Corporate Affairs (MCA) might do away with Statutory Audit as per the Companies Act 2013 for small companies. This decision has been taken in line with the ease of doing business. …

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CENTRE TO SLASH PENALTIES FOR STARTUPS SET UP AS LLPS

The government is set to announce a 50% cut in penalties for nearly a dozen offences by startups incorporated as limited liability partnerships (LLPs), an official aware of the development said. The offences include non-compliance relating to requirements of filing statutory documents and returns, appointing a designated partner responsible for all compliances and having at …

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MCA amends Schedule III of Companies Act on disclosure norms in financial statements

In order to bring in greater transparency in reporting of financial statements, the Ministry of Corporate Affairs (MCA) vide notification dated 24.03.2021 has amended the Schedule III to the Companies Act, 2013 effective from 01st April, 2021 to mandate various disclosures by companies in their financial statements. This was stated by Union Minister of State …

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Few mandatory disclosures as required by Companies Act 2013 in financial statement, effective from April 01, 2021.

Dear Company Owners / Directors, Following are few provisions of The Companies Act 2013 which have been made applicable with effect from 01.04.2021 for companies whose financial statements are required to comply with the Accounting Standards and such financial statements should include these disclosures for the year ending 31.03.2022. This is to be noted that …

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Brief synopsis of Amendment made by MCA effective from 1st April 2021

Schedule III of the Companies Act 2013 contains the general instructions for preparation of Balance Sheet and Statement of Profit and Loss of a Company. Following are the changes made in the financials/ notes to accounts on account of amendments in Schedule III brought about by MCA: Now companies have to round off the figures …

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Mandatory compliances of Private Limited Company:

Mandatory compliances of Private Limited Company: Company Name Board- Every Company shall paint or affix the name and address of registered office and keep the same painted/affixed, outside every office or place in which its business is carried on, in legible letters. Letter Head of Company- Every Company shall get its name, address of registered …

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