Background MSME has been a buzz word lately after announcement of financial relief package by honorable Finance Minister. Announcements include relaxation in the threshold for coverage of units under the concept of MSME, credit guarantee to the tune of Rs 3 Lakh Crore for loans which a MSME can avail under the existing schemes (effectively meaning collateral free & more easily sanctioned loan......
MCA inaugurates SPICe+ web form for incorporation of Company in IndiaMCA vide its notification dated 18/02/2020 notified the Companies (Incorporation) Amendment Rules, 2020 to be effective from 23/02/2020. By this Amendment it introduced SPICE + and AGILE PRO, which are available for filing from 23/02/2020. The purpose of the web-based forms is to further ease the process of Registration of a Com......
Ministry of Corporate Affairs has introduced Active Company Tagging Identities and Verification, under its ongoing series of actions against the Shell Companies. Following are the provisions of Rule 25A in Companies Incorporation Rules 2014, introduced for governing ACTIVE. Key Provisions: Applicability: It is mandatory for every company, be it a private company, public company or listed......