Corporate Law Articles

Does Section 203 cover Private Companies?

Affluence Advisory 12 February 2025 at 06:45

While Section 203 is the primary operational provision, the definition in Section 2(51) serves solely to define the meaning of the expression of Key Managerial Personnel (KMP).

TReDS Mandate Extended: A Boost for MSMEs with a Lower Turnover Threshold

Affluence Advisory 11 February 2025 at 11:01

In a landmark decision announced on 7th November 2024, the MSMEs has issued a notification mandating specific categories of businesses to register on the Trade Receivables Discounting System (TReDS) platform.

Applicability of POSH Act on Private Limited Companies: A Comprehensive Guide

CS Divesh Goyal 11 February 2025 at 10:00

This article delineates the applicability, compliance obligations, penalties, best practices, and requisite formats to assist Private Limited Companies in maintaining compliance.

Income Tax Returns: A Crucial Statutory Document for Compensation Calculation

FCS Deepak Pratap Singh 11 February 2025 at 08:41

The ITR (Income Tax Return), which is a statutory document, is required to be considered for the purpose of assessing the income of the deceased, which is inclusive of perquisites and allowances, in the light of judgment rendered by Hon'ble Apex Court in the case of Meenakshi v. Oriental Insurance Co. Ltd.

LLP vs Pvt. Ltd: Registration Process and Compliance Comparison

Ishita Ramani 08 February 2025 at 08:49

Choosing between a Limited Liability Partnership (LLP) and a Private Limited (Pvt Ltd) Company is critical for entrepreneurs.

Section 8 Company Registration for Non-Profits

Neha Goyal 31 January 2025 at 08:56

This article provides a detailed guide to the Section 8 company registration process, its benefits, and compliance requirements, including GST considerations like GST cancellation, how to cancel GST registration and the cancellation of GST registration process.