Company Formation

Brief synopsis of Amendment made by MCA effective from 1st April 2021

Amendment made by MCA

The ministry of corporate affairs (MCA) has modified various rules under the companies law pertaining to audits, auditors, and accounts. In this article, we will discuss on Amendment made by MCA. Amendment made by MCA The ministry of corporate affairs (MCA) has revised various rules under the companies law related to audits, auditors, and accounts. … Read more

Limited Liability Partnership – All You need To Know

Limited Liability Partnership

We all have heard about different types of company formation. Still, many people get confused regarding different types of company formation. Therefore, to clear all the confusion, let us discuss the Limited Liability Partnership(LLP) in detail. In this article, we will understand everything important that you need to know about the Limited Liability Partnership(LLP). What … Read more

MCA signs MoU with CBIC for Data Exchange: Ease of doing business

MCA signs MoU with CBIC

The Central Board of Indirect Taxes and Customs (CBIC) and the Ministry of Corporate Affairs (MCA) notifies on February 25, 2021, approved a Memorandum of Understanding for the exchange of data between the two organisations. In this article, we will discuss MCA signs MoU with CBIC. MCA signs MoU with CBIC The Central Board of … Read more

Companies Specification and Definitions Details- 2nd amendment rules 2021

MCA Relaxation amid CoVID-1

The Ministry of Corporate Affairs on February 19, 2021, has announced the notification on Companies Specification of definitions details Second Amendment Rules, 2021 to further revise the Companies (Specification of definitions details) Rules, 2014. In this article, we will discuss the Companies Specification and Definitions details. Companies Specification and Definitions details The Ministry of Corporate … Read more

Company Name Reservation can be Extended more than 20 days

Company Name Reservation can be extended

The Ministry of Corporate Affairs has issued the Companies (Incorporation) Third Amendment Rules, 2020 which shall come into force on the date of their publication in the official Gazette i.e 24-12-2020. In this article we will discuss Company Name Reservation can be Extended more than20 days Company Name Reservation can be extended in 2020 Through … Read more

Difference Between OPC and Private Limited Company

OPC and Private limited company

OPC and Private Limited Company are two various business structures governed by the Companies Act. The concept of One Person Company promotes single and passionate entrepreneurs to operate their venture. However, Private Limited Company needs two persons to incorporate the company. In this article, we will explain the difference Private Limited Company and OPC from … Read more

Difference between LLP and Private Limited Company

Private Limited Company and LLP

As we all know Private Limited Company and the Limited Liability Partnership are two separate business structures governed by two different acts namely the Companies Act 2013 and Limited Liability Partnership Act 2008 individually. Both entities i.e. LLP and Private Limited Company grant many similar features needed to run a small to large-sized business, while … Read more