Ministry of Corporate Affairs Compliance Monitoring System (MCACMS)
Ministry of Corporate Affairs have created an online portal “MCACMS“ (Ministry of Corporate Affairs Compliance Monitoring System). MCACMS is an artificial intelligence mechanism to make automated compliance scrutiny, issue show cause notices and submitting replies from companies/ directors for non-compliance under provisions of Companies Act 2013.
Read More »Circular No. 129/48/2019 – GST
Circular No. 129/48/2019 – GST CBEC-20/06/04/2019-GST Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs GST Policy Wing New Delhi, Dated the 24th December, 2019
Read More »
Annual general Meeting Under Companies Act 2013
Holding of AGM: Annual general meeting (AGM) should be held once each year. First AGM of the company should be held within a period of 9 months from the date of closing of the first financial year of the company. Subsequent AGM should be held within a period of 6 months from the date of closing of financial year. The gap between two AGM should not exceed 15 months. In...
Read More »
GSTR-9 and GSTR-9C are more simplified and last dates of submission extended
Key points of GST Press Release Dated November 14, 2019 1. Due dates of filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation Statement) for Financial Year 2017-18 extended to 31 st December 2019. 2. Due dates of filing of Form GSTR-9 (Annual Return) and Form GSTR-9C (Reconciliation Statement) for Financial Year 2018-19 : 31 st March 2020. 3. No need to fill HSN level information of outward and...
Read More »Registrar of Companies in Jammu And Kashmir
In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of the companies Act, 2013 (18 of 2013), the Registrar of companies shall have jurisdiction in respect of Union territory of Jammu and Kashmir and Union territory of Ladakh, for the purpose of registration of companies and discharging the functions under the aforesaid Act.
Read More »
Procedure and Steps for Register a Private Limited Company
Procedure and Steps for Register a Private Limited Company Step 1. Application for Director Identification Number (DIN) in form DIR-3 & DSC (Digital Signature Certificate). Step 2. Search for the Company Name availability. Step 3. Application for the Name availability. Step 4. Drafting of Memorandum of Association (MOA) & Articles of Association ?(AOA).? Step 5. Filing of e-forms with RoC (Registrar of Companies). Step 6. Payment of RoC Fees &...
Read More »SECTION 141 OF THE NEGOTIABLE INSTRUMENTS ACT, 1881
Offence by Companies : Where a construction firm issued cheques to respondent-contractor which were dishonoured, even if firm could not be prosecuted, its partners could not escape liability; such a liability is created through legal fiction envisaged under section 141 - Madan Amlokchand Mutha v. Arvind Ambalal Shah - [2019] (Bombay)
Read More »