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LLP settlement Scheme, 2020 launched; Shall allow a One-time condonation of delay in filing statutorily required documents with the Registrar. LLP settlement Scheme, 2020 shall come into force on the 16th March, 2020 and shall remain in force up to 13th June, 2020 It has been observed that due to applicability of additional fee on late filing, which in case of inordinate delay could actually...
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Predictions According to the report published by Brand Equity in March, pre-lockdown, the Indian retail industry was evolving as one of the most dynamic and fast-paced industries due to the entry of Global Conglomerates and FDI results. Total consumption expenditure was expected to reach nearly Rs. 2735 cr by 2020 from Rs. 1385 cr in 2017, since the approval of FDI by GOI. Retail sales are an...
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To ensure that MSME players get their dues within 45 days is a priority for the government now, says Nitin Gadkari. Read more at:
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In pursuance of the Government of India’s efforts to provide relief to law abiding companies and Limited Liability Partnerships (LLPs) in the wake of COVID 19, the Ministry of Corporate Affairs, has introduced the “Companies Fresh Start Scheme, 2020” and revised the “LLP Settlement Scheme, 2020” which is already in vogue to provide a first of its kind opportunity to both companies and LLPs to...
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MCA to allow board meetings to be held via video conference for three monthsThe Corporate Affairs Ministry is set to allow companies to hold board meetings dealing with matters of high importance — including decisions on mergers, amalgamation and takeovers — through video conferencing for a period of three months, in the wake of the coronavirus outbreak. A senior government official said that the move...
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