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If this article helped you in any way, please recommend. Thanks!! Understanding the Limited Liability Partnership definition (LLP) limitations & disadvantages would help the entrepreneur get the additional perspective of this structure. The entrepreneur needs to understand these things quite in details as it may create various stumbling blocks, which may delay breakthrough related to [...]
If this article helped you in any way, please recommend. Thanks!! This is with reference to Annual filing of LLP (Form 8 and 11) for the financial year-end 31st March, 2013 with Registrar of Companies. The Ministry of Corporate Affairs has issued general notice for filing Form-8 (Statement of Account & Solvency) for the Financial Year [...]
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If this article helped you in any way, please recommend. Thanks!! Flexibility in LLP Structure and in its unique appeal has helped many entrepreneurs to leverage its inherent positiveness and make it as the first choice of their start-up structure. In the earlier article LLP for Start-up/SMEs we delved into the basics of LLP’s structure and in [...]
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If this article helped you in any way, please recommend. Thanks!! LLP has its own advantage when compared to the traditional partnership and the Private Limited, as it picks the best of these two structures in one solid viable package. It tackles various challenges that entrepreneur faces when using a traditional partnership structure. The main [...]
If this article helped you in any way, please recommend. Thanks!! Importance of Annual Filing with RoC for a Private Limited Company As per Section 159, of Companies Act 1956, every company having a share capital shall, within 60 days from the date of each Annual General Meeting file annual return with the Registrar of Companies [...]
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If this article helped you in any way, please recommend. Thanks!! The trend of starting up a new business in India is quite catching up, not in scale or pace that’s been seen in Silicon Valley. We see patterns wherein many want to start/build something new – working executives who have acquired enough skill sets [...]
If this article helped you in any way, please recommend. Thanks!! Due to technical issues arising after transition from TCS to Infosys, MCA has issued a Circular regarding relaxation of additional fees & extension of the last date in filing various forms. This move is really satisfactory for all the Stakeholders!! Circular No. 3/2013 Subject: [...]
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If this article helped you in any way, please recommend. Thanks!! Recently one of my clients wanted to know if a particular Company is genuine i.e. registered with MCA (Ministry of Corporate Affairs) since he heard they were involved in some kind of fraud/scam related to Network/Chain marketing & wanted to know the details of [...]
If this article helped you in any way, please recommend. Thanks!! MCA21 – Updated Phone Numbers of DIN Cell & Help Desk Stakeholders are hereby informed that the new contact numbers for DIN Cell effective 18.03.2013 will be DIN Cell : 05836 231130 (3 lines) 05836 231140 (3 lines) Help Desk: 0124-4832500 This is in [...]
If this article helped you in any way, please recommend. Thanks!! Major changes in DIN1 (Director Identification Number) As per Notification dated 24.12.2012 by the Ministry of Corporate Affairs. The Central Government has made amendment in the Companies (Director Identification Number) Rules, 2006 as follows:- Enter the current occupation and educational qualifications of the applicant Affidavit by [...]