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Company Compliances

What is e-form DIR-3-KYC?

An individual willing to become a director of one or more than one organization can file an application in e-form DIR-3-KYC to obtain the DIN.

What is an Annual Report?

The annual report of a company is a method for communicating with financial specialists and different partners. Its main objective is to provide stakeholders with financial data.

Private Limited Company: Mandatory Compliance

The Government of India has certain legal and regulatory requirements that every private limited company must fulfill or the Ministry of Corporate Affairs (MCA) can remove the name of the company from the register or disqualify a director for non-compliance of any of these requirements.

Indian Firms can directly list in Foreign Markets

FM Nirmala Sitharaman announced that some minor violations have now been decriminalised and Indian firms can directly list in foreign markets.

Why should company compliance be followed?

Company compliance as per the regulations of the MCA are mandatory for all companies incorporated in India, failing which can lead to heavy penalties.

LLP Statutory Compliance List

LLPs are legal business entities registered with the MCA and here is a LLP Statutory Compliance list to help you understand more about the legalities.

LLP Settlement Scheme, 2020

The MCA has made modifications and released Revised LLP Settlement Scheme, 2020 to enable LLPs to take necessary measures to address the COVID-19 threat.

Audit reports for private firms a must

The government has made it obligatory for unlisted companies, or private firms, with outstanding loans of Rs 100 crore or more to file their financial audit reports for financial year 2020-21 onwards.

Event-based Compliances you need to know!

The government has mandated certain event=based compliances for a private limited company which need to be met by a given deadline to avoid penalities.

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