One more Compliance for Private Limited Company

Now companies has to file its registered office details in Form INC-22A on or before 25.04.2019 to remain active in MCA records. The Form requires to attach photos of Internal office and External building showing therein atleast one director. There will be a penalty of Rs.10K if not file it on time. Don’t forget and […]

Prohibition on Issue of Shares at Discount

Often Shares are issued at Premium. Sometime the situation arises where we decide to issue shares at discount. Discounted prices may be offered when company is not able to pay its debts and offering it share to its creditors. Company Act 2013 strictly prohibited the companies to issue shares at discounted price. It invites penalty[…..]

One more compliance added for Private Limited Company

Private Limited Company will have to file detail of Loans standing in their books of accounts. Ministry of Corporate Affairs (MCA) on 22nd January 2019 issued a rule not notified yet, state that every company other than Government Company shall file onetime return of outstanding loan from 1stApril 2014 to the date of notification in[…..]