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WHAT IS PRE-PACKED INSOLVENCY RESOLUTION PROCESS?

Ministry of law and justice, legislative Department, which has introduced a system of Pre-Packed Insolvency Resolution Process through Insolvency and Bankruptcy code, (Amendment) Ordinance, 2021. Further, MCA Notification dated 9th April, 2021, mentioned sections, sub-sections and clauses under Chapter III-A… Continue Reading →

AMENDMENT IN IMPORT-EXPORT CODE (IEC) PROVISIONS – 12 Feb 2021

The Central Government has made some amendments under Foreign Trade Policy, 2015-2020, under Chapter 1 and Chapter 2 of FTP, 2015-2020, through the Notification dated 12th February, 2021. Following are the amendment under FTP, 2015-2020:- FTP Para no.    … Continue Reading →

Procedure for Increase in the Authorised Share Capital

As per section 2(8) of the Companies Act, 2013, the Authorised capital or nominal capital means such Capital as is authorised by the Memorandum of Association of a Company to be the maximum amount of share capital of the Company…. Continue Reading →

RIGHT ISSUE OF SHARES -Section-62

What is the Right issue of shares? As per section 62(1) (a) of the Companies Act, 2013, the Right issue of shares refers to the issuance of shares by the Company to its existing shareholders in proportionate to their existing… Continue Reading →

MSME REGISTERATION-(UDYAM REGISTERATION)

MSME Stands for Micro, Small and Medium Enterprises. It is regulated by the Ministry of Micro, Small and Medium Enterprises. The Government of India has enacted an Act for MSME i.e., Micro, Small and Medium Enterprises Development Act, 2006. ELIGIBLE… Continue Reading →

APPLY FOR EXTENSION OF VISA IN INDIA

APPLY FOR EXTENSION OF VISA IN INDIA: Any foreigner who is residing in India on a work basis or on a tourist visa basis and his Visa is about to expire, has to submit an application on https://indianfrro.gov.in/eservices/home.jsp for the… Continue Reading →

ISSUANCE OF SHARE CERTIFICATE

Issuance of Physical Share Certificate (When the Shares are not in DEMAT Form) The Company shall issue any share certificate, after the surrender of the allotment letter to the Company, by the Allottees. (In case the allotment letter is lost… Continue Reading →

IEC Code (IMPORTER-EXPORTER CODE) Step By step registration & document requirement

An Importer-Exporter code (IEC) is a business Identification Number, issued by DGFT (Directorate General of Foreign Trade), required at the time of export to Outside India or Import in India. No person can do export or import without obtaining an… Continue Reading →

You Must Know How Income Tax Budget effect your Life – Union Budget Highlights (2021)

The Union Budget for the Financial Year 2021-22, announced by Hon’ble Finance Minister “Nirmala Sitharaman” on 1st Day of February 2021 at 11:00 PM. She has used Made in India Tablet for the delivery of the digital Budget, 2021. It… Continue Reading →

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