INFORMATIONS

Foreign Liabilities and Assets Annual Return

Annual return on Foreign Liabilities and Assets (FLA) has been notified under FEMA which is required to be submitted by all the Indian Companies which have received Foreign Direct Investment (FDI) or companies who invest in foreign companies in the previous years including the current year i.e. who carry foreign Assets or Liabilities in their Balance Sheets. FLA annual return need to cover all the foreign investments made by the… Read More »Foreign Liabilities and Assets Annual Return

All About DPT-3

DPT–3 form is the statement return which is needed to be filed by every company except government company which has accepted deposits as per the definition mentioned in section 73 and rules made thereunder. DPT–3 form is filed as per the rule 16 of Companies (Acceptance of deposit) rules. It is a one-time return form of loans that required to be filed by a company who has outstanding loans not… Read More »All About DPT-3

All About DIR KYC-3

Director Identification Number also known as DIN, refers to a unique identification number allotted to an individual who is willing to be a director or is an existing director of a company. DIN is earned by filing a form known as e-Form DIR-3, which was initially a single-time process to be carried out by the one who wishes to become a director in one or more than one company. Important… Read More »All About DIR KYC-3

AGM Through VC or Other OAVM For FY 2019-20

According to Companies Act, 2013- section 96, companies need to hold their Annual General Meeting (AGM) within a period of six months from the date of closing of the financial year (FY). The company who are going to hold their first AGM will be held within a period of nine months from the date of closing of the financial year (FY) of that company. The MCA (Ministry of Corporate Affairs)… Read More »AGM Through VC or Other OAVM For FY 2019-20

COVID-19 VOLUNTARY WFH Declaration for Companies & LLPs-MCA

The Ministry of Corporate Affairs (MCA) has clarified that its recently announced decision of asking corporates and limited liability partners (LLPs) to submit a form which is web-based to confirm their readiness to deal with the Covid-19 threat is “purely voluntary”. There will be no fee applicable for the CAR aka Company Affirmation of Readiness towards Covid-19 form, and it is completely voluntary. According to MCA, the CAR form is… Read More »COVID-19 VOLUNTARY WFH Declaration for Companies & LLPs-MCA