The Ministry of Corporate Affairs (MCA) issued General Circular No. 01/2026 dated 24 February 2026 introducing the Companies Compliance Facilitation Scheme, 2026 (CCFS-2026), a one-time opportunity for companies to regularise delayed statutory filings and, where applicable, opt for dormancy or strike-off at concessional fees. The scheme has been introduced...
Read MoreIntroduction of DIN DIN was formally introduced with effect from 1st July 2007 and is defined under Section 2(1)(d) of the Companies (Appointment and Qualification of Directors) Rules, 2014. The principal objective was to assign a unique lifetime identity to every company director. Section 155 of the Companies Act,...
Read MoreCorporate Laws Amendment Bill 2026 offers key insights into recent updates in corporate law, highlighting changes that impact compliance, governance, and regulatory practices. This overview provides a clear understanding of evolving legal frameworks, helping stakeholders stay informed about important developments shaping the corporate and business environment. Corporate Laws Amendment...
Read MoreThe LLP Amendment Bill, 2026 introduces significant reforms aimed at enhancing ease of doing business, strengthening compliance frameworks, and aligning LLP regulations with global practices. Key changes include IFSC-related provisions, streamlined conversion processes, and improved transparency, offering greater flexibility and efficiency for businesses and professionals operating under the...
Read MoreGIFT City (Gujarat International Finance Tec-City) represents India’s first operational International Financial Services Centre (IFSC) and a landmark initiative aimed at positioning the country as a globally competitive financial hub. Conceptualized as a world-class financial and technology ecosystem, GIFT City has been developed to attract international financial services and...
Read MoreAn auditor is an independent professional appointed to examine the books of accounts of a company and report whether the financial statements give a true and fair view of the company’s financial position. Appointment of First Auditor (a) Other than Government Companies Section 139(6) Appointed by the Board of...
Read MoreA rights issue is a way for a company to raise additional capital by offering its existing shareholders the right to purchase new shares in proportion to their current holdings. It is a common method used by companies to fund expansion, repay debt, or strengthen their balance sheet. Key...
Read MoreAs we are heading to a new financial year, it’s important to keep track of compliances and complete them within the due dates. We are happy to share a comprehensive compliance calendar for Companies Act 2013 and Foreign Exchange Management Act (FEMA), 1999 and Prevention of Sexual Harassment of...
Read MoreInitially, fast-track merger was available for two or more small companies, a holding company with its wholly owned subsidiary, and two or more start-ups. Recent amendment effective 4th September 2025 have expanded this to include the following: unlisted companies meeting prescribed criteria- having loan less than 200...
Read MoreDue diligence (DD) is a systematic process of verifying, analyzing the records, agreements, contracts of a business and ascertaining the protentional risks, non-compliance or hidden liabilities. The growing prevalence of due diligence in businesses is being driven by increased fundraising, acquisitions, and mergers and acquisitions (M&A) activity, as organizations...
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