Voluntary Liquidation in India is administered under Insolvency and Bankruptcy Code, 2016. Voluntary Liquidation is the process of liquidating the company with the approval of its members. A company usually goes for a voluntary liquidation when its members decide not to continue its business operations. The main objective is...
Read MoreThe Foreign Exchange Management Act, 1999 (FEMA) is an Act of the Parliament of India “to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India”....
Read MoreAnnual Return on Foreign Liabilities and Assets (FLA return) under FEMA 1999 (Portal for submitting FLA : https://flair.rbi.org.in) Purpose The annual return on Foreign Liabilities and Assets (FLA) is required to be submitted directly by all the Indian companies which have received FDI (foreign direct investment)...
Read MoreFC-TRS stands for (Form Foreign Currency-Transfer of Shares) Form. This form is filed in case of transfer of shares or convertible debentures of an Indian Corporation from a resident to a Non-Resident/Non-Resident Indian and vice versa by means of sale. The Indian corporation must report the transactions to...
Read MoreFC-GPR stands for Foreign Currency- Gross Provisional Return. An Indian company issuing equity instruments to a person resident outside India should file FC-GPR Form within 30 days from the date of issuance of the equity instruments. There are two ways by which a foreign investor can invest in India–...
Read MoreClick below link for the Key highlights of Amendments made under Schedule III of companies Act 2013 to bring transparency by providing various additional disclosures. Amendment in Schedule III of Companies Act 2013 Akansha Rathi and Associates (ARACS), Company Secretary Firm in Navi Mumbai is engaged into compliance related...
Read MoreTHE LIMITED LIABILITY PARTNERSHIP (AMENDMENT) ACT, 2021 Journey of the act: LLP(Amendments) bill,2021 was introduced in both houses of parliament and the union cabinet gave its approval on 28th July 2021 and received the approval of the president on 13th August,2021 and become Limited liability partnership act,...
Read MoreProcess to Change the registered office of the Company from one state to another state. Provisions and rules relating to shifting of the registered office from one state to another are contained in Section 13(4) of the Companies Act, 2013 read with rule 30 of The Companies (Incorporation) Rules,...
Read MoreSection 12 read with Rule 26 of the Companies (Incorporation) Rules, 2014 says every company which has a website shall disclose certain particulars on the home page of the website. Click here for Article Akansha Rathi and Associates (ARACS), Company Secretary Firm in Navi Mumbai is engaged...
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