by Pawandeep Singh | May 20, 2023 | Corporate Law
₹2000 denomination banknote was introduced in November 2016 under Section24(1) of RBI Act, 1934 primarily to meet the immediate currency requirement of theeconomy after withdrawal of the legal tender status of all ₹500 and ₹1000 banknotesin circulation at that time...
by Pawandeep Singh | May 16, 2023 | Corporate Law
The MCA vide Notification No. S.O. 1269(E) dated March 17, 2023 established the Centre for Processing Accelerated Corporate Exit (C-PACE) to facilitate the quick, transparent and process-bound exit of companies. With the establishment of C-PACE, the striking-off...
by Deepanshu Joshi | Feb 28, 2023 | Corporate Law
MSMEs (Micro Small and Medium Enterprises) contribute towards the success of the entire economy. Their Annual contribution is close to 35% to India’s GDP, therefore the government always tries to incentivize them. Regulating the Credit Period is an important...
by Pawandeep Singh | Feb 25, 2023 | Corporate Law
MCA has received various representations requesting clarification about filing of Form GNL-2, MGT-14, PAS-3, SH-9 and SH-8 during 22.02.2023 to 31.03.2023. The MCA has clarified that above mentioned forms can be filed via physical mode duly signed by the persons...
by Pawandeep Singh | Dec 13, 2022 | Corporate Law
There are several reasons why many entrepreneurs prefer to go in for a Limited Liability Partnership (LLP) registration over a Private Limited Company incorporation. LLPs are easier to set up and comparatively hassle-free in daily operations. It also has a lower...