Dear Folks Hope you are doing well! During this Worldwide Epidemic Situation where every country is cursing China for being the source of COVID-19 simultaneously countries are avoiding further business affairs with China as well,This Scenario brings the shift of overseas industries to India being a rapidly developing country with bulk resources, this creates a need of an hour for forming foreign......

By the end of this article, the reader will be able to differentiate whether we actually need laws to regulate Outsourcing in India or not since Presently, India does not have any specific laws that deal with business process outsourcing. Before starting the actual point discussion, we must understand firstly What is Outsourcing exactly and how it helps business to run in......

Dear Professionals Hope you are doing well! Have you ever examined that Section -186 of Companies Act, 2013 is NOT applicable to Banking Company, or Insurance Company or Housing Finance Company in the ordinary course of its business or whose principal business is of lending of money to the general public? This story is not Ending here only it does NOT even apply to any investment made by an inv......

Hello Folks, "Are you an investor?" "Have you ever faced or facing wrongdoing pertaining to security markets?" "Are you aware that you can lodge a complaint against any share or stock or other financial product dealt by SEBI?" This write-up is boon for investors who willing to complaint in the SEBI Act, SCRA Act, Depositories Act or complaint under section 24 of Companies Act, 2013. For all ......

Dear Professionals, Hope you all are safe during this Pandemic! In this write-up, I am sharing with you all my understanding about the appointment of Foreign Director on a Board. As a Budding Professional we generally think that it could be more cautions to appoint a Foreign Director in a Company but there is no such additional requirement under FEMA. A foreigner or a non-resident Indian can bec......

Dear Folks, Hope You all are Doing well during this Pandemic! In this write up I am sharing with you all, Pre-Requisites of Filing Income Tax Return of an Individual Specifically for the financial year 2019-2020. All taxpayers must be ready with their Interest Certificates, Form-16 and other essential documents but there are still few important points which skipped by an Individual if he/she him......

Dear Professionals, Hope you all are doing good during this Pandemic. In this write up, I am sharing with you all Latest update from MCA regarding Deployment of new E-Form PAS 6 (Reconciliation of Share Capital Audit Report on half yearly basis) and It’s Applicability by way of Questions and Suitable Answers. This approach of MCA (Ministry of Corporate Affairs) gives us enthusiast to get ......

Dear Professionals,Hoping you all are safe during this Pandemic! Recent circular of Ministry of Corporate Affairs MCA is a boon for entrepreneurs who couldn’t start their business due to COVID-19 outbreak as well as for the existing corporate to run their business activities hassle free , this is the second time during pandemic when MCA comes up with extended relaxation in period of filing ......

Dear Professionals,Hope you all are doing well!Almost six months of Year 2020 is almost about to END and till date Ministry of Corporate Affairs-MCA allowed many reliefs for Compliance under Companies Act, 2013 as various amendments are in place due to current scenario in India which is getting worse with every passing day. In Today’s write up, we shall discuss about Extensions in Due Dates......

Dear Folks Smile for all  The topic I choose to discuss with all of you is not just about the Company Secretary as per Companies Act, 2013 it is much more extended as we will get to know the responsibilities of a Company Secretary as a Compliance Officer with widen scope of an Organization. It all begin from November 2014 when Market regulator SEBI has mandated the appointment of Compan......

Dear Professionals, Hope you all are doing well! If you are running a business, or are about to start one, you know that there are numerous instances where you end up sharing confidential information with another party then this Write-Up is  only pen down for you,  To maintain a competitive advantage, businesses must keep working projects, innovative ideas, or exciting new products sec......

Dear Professionals,Smiles For All In Today’s write-up we will get some extract from the section 197 and 198 of Companies Act, 2013 as practical implication of this section is really very different from the written language, even when organization has not incurred profits, managerial level is paid high remuneration irrespective of its burden on company financial conditions. Although there are......

Dear FolksSmiles for all  During lock-down in India our economy was paused but not completely since the things are back to pace. Many companies will come out with their Initial Public offer specially the startups. In order to understand a firm fully, one of the most important tools is the Draft Red Herring Prospectus (DRHP). In this write up I am going share with you all that why DRHP is imp......

Dear Professionals. Hoping you all are well there! In this write up I am going to share the quick review of a Compliance which is generally neglected by majority of the companies as the form is not deployed as E-form on MCA portal therefore many companies forget to keep the record of MBP-1 form specially in case of private companies. Many of them do this compliance at the time of appointment of......

Dear Folks Smiles for all  Women often feel left out or face biases during pregnancy or after childbirth in their workplace, it is important for them to know the benefits they can avail of and the rights under the law, The Content am going to share with you all is something very important for our corporate universe either its small or large , loss making or profit making , Shop or an establ......

Dear Folks, Smiles for all Hope you all are doing well there! In this quick and short write up I am sharing with you all the health benefits of drinking “Matke Ka Paani” during this hot summer where temperature is rising day by day and gradually we are losing immunity of our body by having chilled water from our fridge or refrigerator, though the water we drink in this summer 2020......

Dear Folks  Smiles for you all Hoping You all are well During this Pandemic!In today’s Topic, I am going to write down about very serious topic for working women. Its an attempt which makes our professionals much more aware about the safety of woman at work place to give her safe working environment, I.e. to protect her from being harassed at work place. I am forced to Pen Down this wr......

  LLPs are considered as a preferred business option for small entrepreneurs as it provides the benefits of Limited Liability on one hand whereas its members has the total elasticity of organizing its own structure, roles and responsibilities as a partnership firm on the basis of an mutually agreed pre-defined agreement. In recent years there are huge numbers of defaulting LLP’s in In......

  In this write will be discussing about Employee Stock option plan (ESOP), how this impact an organization?, How It gives benefits to organization and employees and what are the regulatory requirements in case of Private Companies Mainly.Employee Stock Option Plan (ESOP) is the option provided to employees to purchase the shares of the company at a future date at a pre-determined price. ESO......

Dear Professionals/Corporates In recent times, SEBI wants to ensure auditors act responsibly and their resignation does not hurt investor sentiment therefore SEBI has sought public comments on the proposals till 8 August. The role of the audit committee and disclosures to investors must be strengthened to ensure that statutory auditors act more responsibly and resign only on genuine grounds withou......