In India, the Companies Act, 2013 is the key law that governs how companies are formed, managed, and regulated. A company is a legal entity that is created when people come together for a specific purpose, such as running a business. The act outlines various types of companies, each with different rules for formation and operation.This article will help you understand the … [Read more...] about Understanding the Types of Companies Under the Companies Act, 2013
company law
When to file company’s annual return -Applicable to OPC & Small Companies
As a part of annual corporate compliance, every company registered with ROC must file their annual return under section 92 of the companies act, 2013. As prescribed by the government, this annual return has to be filed in form MGT-7 on or before the due date of filing. In the case of one person company and small companies, the prescribed form is MGT-7A.From the financial … [Read more...] about When to file company’s annual return -Applicable to OPC & Small Companies
Company’s financial statements-5 things you must know before filing with ROC
Every company in India needs to e-file its financial statements and mandatory attachments by using e-Form AOC4 with the registrar of companies (ROC) within the prescribed time limit as per section 137.In case financial statements are not adopted in AGM then un-adopted financial statements shall be filed within 30 days of the date of AGM (due date of AGM if AGM not held or … [Read more...] about Company’s financial statements-5 things you must know before filing with ROC
List of Main division of industrial activity code of the Company
For a Company Registration, you are required to enter Main division of industrial activity of the Company while applying for company name. Similarly, in case of LLP registration, you are required to enter business/professional code.Here is the entire list of Main division of industrial activity of the Company to help you identify your own matching to your … [Read more...] about List of Main division of industrial activity code of the Company
NOC – No Objection Letter from Previous Auditor
Sample – 1(To be printed in the letter head of New Auditor)Date:ToName of the chartered accountant Name of the CA firm Address:Dear Sir,Sub:-Request for the No-Objection Letter for the audit of XYZ Private LimitedWe have been appointed as auditor of XYZ Private Limited for the financial year starting from 2021-22 to 2025-26.Kindly give your … [Read more...] about NOC – No Objection Letter from Previous Auditor