• By Nidhi Pande
• September 2, 2023
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Convertible Note is an instrument evidencing receipt of money initially as a debt, which is- upon occurrence of specified events and as per the other terms and conditions agreed to and indicated in the instrument.   CONDITIONS TO ISSUE CONVERTIBLE NOTE (“CN”): The company that wants to issue CN...

• By Ashwini Raghuwanshi
• August 23, 2023
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The “Directors’ Report” is a report prepared by the directors of a company and presented to the shareholders at the annual general meeting under the Companies Act, 2013. This report gives an overview of the company’s financial position and performance for the year.   Akansha Rathi and Associates (ARACS),...

• By Nidhi Pande
• August 22, 2023
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A “start-up company” refers to a private company incorporated under the Companies Act, 2013, or Companies Act, 1956, or registered partnership firm or Limited Liability Company and recognized by the Department for Promotion of Industry and Internal Trade on following criteria: – Tenure of up to 10 years from...

• By admin
• July 11, 2023
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There are few options of long-term incentive plans for Employees commonly used by startups to attract and retain talent and build ownership towards the company. Some of these possibilities are explained here.     Akansha Rathi and Associates (ARACS), a distinguished Company Secretary firm in Navi Mumbai, offers a...

• By Nidhi Pande
• June 1, 2023
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As per the data, Registered micro-enterprises stand at 13,834,411 (96.12%), followed by small enterprises at 446,980 (3.11%) and midsized enterprises at 40,400 (0.28%). Registered MSMEs can avail Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the services sector In budget 2023-24 special impetus was provided to MSME sector by...

• By Ashwini Raghuwanshi
• May 10, 2023
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In case of IBC Liquidation, distribution of assets has to be done in accordance with the waterfall mechanism and no preference can be given for workers dues or government dues. Dues of employees or workers towards pension or provident fund dues or gratuity dues are protected by way of...

• By Yash Prajapati
• April 26, 2023
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CPACE is set up by Ministry for faster exit to companies in winding up for which STK 2 form shall be disabled on MCA portal V2 on 30th April and will be rolled out in V3 on 1st May.     Akansha Rathi and Associates (ARACS), Company Secretary Firm...

• By Nidhi Pande
• April 11, 2023
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As we embark on a new FY, here is a roundup of #CSR provisions as applicable to your Company. In case of an “ongoing project” last date to transfer unspent CSR funds to a special account is 30th April.   Akansha Rathi and Associates (ARACS), Company Secretary Firm in Navi...

• By Piyush Parmar
• March 25, 2023
• 0 Comments

As per the recent development, the Bar Council of India (BCI) has issued “Bar Council of India Rules for registration and regulation of foreign lawyers or foreign law firms in India”. These new rules allows foreign lawyers and law firms to practice foreign law in India. For the purpose...

• By Ashwini Raghuwanshi
• February 22, 2023
• 0 Comments

MCA penalised Company and its Directors for not affixing name board at Registered Office   Akansha Rathi and Associates (ARACS), Company Secretary Firm in Navi Mumbai is engaged into compliance related services. We have a team of experts who not only possess required skills and experience but also have...