Companies (Registered Valuers and Valuation) Rules, 2017

In exercise of the powers conferred by section 247 read with section 458,459 and 469 of the Company’s Act, 2013, the Central Government hereby makes the following rules further to amend the Companies (Registered Valuers and Valuation) Rules, 2017

Annual Compliance Certificate for Insolvency Professional Agencies

Annual Compliance certificate for Insolvency Professional Agencies

In furtherance to Circular issued by IBBI dated 31/10/2022 and in consequence of amendments in Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016, and in suppression of the Circular No: IPA/009/2018 dated 19th April, 2018,

Late Submission Fee for delays under FEMA

Late submission fee for reporting delays under FEMA

The Late Submission Fee (LSF) was introduced for reporting delays in Foreign Investment (FI), External Commercial Borrowings (ECBs) and Overseas Investment related transactions

Insolvency Resolution Process for Corporate Persons

insolvency resolution process for Corporate persons

IBBI prescribes minimum fees and performance incentive for Interim Resolution Professionals(IRPs)/ Resolution Professionals(RPs) under CIRP Regulations. IBBI has notified the defined fee structure payable to IRPs and RPs who are appointed on or after 1st October 2022.

Foreign Exchange Management (Overseas Investment) Regulations, 2022

FEMA- Overseas Investment

The Indian entity may lend or invest in any debt instrument issued by a foreign entity or extend non-fund based commitment to or on behalf of a foreign entity including overseas step down subsidiaries of such Indian entity subject to the following conditions within the financial commitment limit as prescribed in the Foreign Exchange Management (Overseas Investment) Rules, 2022.

Removal of Names of Companies from Register of Companies

Removal of name of companies from register of companies

Removal of Names of Companies from Register of Companies MCA has issued Second Amendment Rule, 2022 in Companies (Removal of Names of Companies from Register of Companies) 1 Notification Date 24/08/2022 2 Subject Companies (Removal of Names of Companies from Register of Companies) Second Amendment Rule, 2022 3 Brief description MCA amend formats of notices […]

Har Ghar Tiranga Campaign

har ghar tiranga campaign

To promote education related to culture is an eligible activity under Schedule VII of the Companies Act,2013 for CSR spending.

Applicability of E Invoicing

applicability of e-invoicing from 1st October

Advance Tax in India CBIC vide notification no. 17/2022- Central Tax dated 01st August 2022, extended the applicability of e invoicing for all the taxpayers having aggregate Annual Turnover of INR 10 Crore or more from FY 2017-18 onwards, applicable with effect from 01st October 2022. Complete circular attached