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  • Circulars for extension of various schemes issued by MCA

    Circulars for extension of various schemes issued by MCA

    Considering the representations made by various stakeholders, the Ministry of Corporate Affairs (“MCA”) has extended Companies Fresh Start Scheme, 2020 and LLP Settlement Scheme, 2020, (previously valid till 30 September 2020) for a period of 3 months, to 31 December

  • MCA's Fresh Start Scheme- an opportunity for  defaulting companies

    MCA's Fresh Start Scheme- an opportunity for defaulting companies

    In the wake of COVID - 19, the Ministry of Corporate Affairs has provided a one-time opportunity to companies and LLPs to complete pending compliances, by filing necessary documents in the MCA-21 registry without being subject to additional fees due

    NovoJuris
    By NovoJuris over 3 years ago
  • COVID-19 Outbreak: MCA’s measures to safeguard the interest of Companies and LLP

    COVID-19 Outbreak: MCA’s measures to safeguard the interest of Companies and LLP

    In order to support and enable Companies and Limited Liability Partnerships (“LLP”) in India to focus on taking necessary measures to address the COVID-19 threat, including the economic disruptions caused by it, the following measures have been implemented by the

    NovoJuris
    By NovoJuris over 3 years ago
  • Withdrawal of restriction on LLPs to carry on Manufacturing activities

    Withdrawal of restriction on LLPs to carry on Manufacturing activities

    The Ministry of Corporate Affairs (the MCA) had earlier issued Office Memorandum (OM) No. to all the Registrar of Companies (the RoCs) dated on 6 March 2019, instructing the RoCs to reject the applications for incorporation of Limited Liability Partnerships

  • How to choose your legal avatar?

    How to choose your legal avatar?

    With the new Companies Act 2013 introducing One Person Company, we thought of doing a refresh of our earlier comparative chart.   SL. NO. FEATURES ONE PERSON COMPANY (OPC) PRIVATE LIMITED COMPANY LIMITED LIABILITY PARTNERSHIP (LLP) SOLE PROPRIETORY PARTNERSHIP FIRM

    Sharda Balaji
    By Sharda Balaji over 9 years ago
  • FDI in LLP

    FDI in LLP

    Foreign Director Investment allowed in Limited Liability Partnerships (LLPs), subject to some conditions. Everything that you need to know is listed herein: Who is eligible to invest in LLP? A person resident outside India (PROI) or an entity incorporated outside

    Sharda Balaji
    By Sharda Balaji over 9 years ago
  • Foreign Direct Investment is now permitted in LLPs

    Foreign Direct Investment is now permitted in LLPs

    The Cabinet Committee on Economic Affairs (CCEA) on the 11May 2011 approved the proposal to amend the policy on allowing Foreign Direct Investment (FDI) in Limited Liability Partnership (LLP) firms.  A Notification to this effect (which covers minutia) is still

    Sharda Balaji
    By Sharda Balaji over 12 years ago
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