CS Meenal Abhyankar, Company Secretaries

21/05/2019

List of Compliance as per Companies Act 2013 for May and June 2019. Every Company needs to comply certain requirements as per Companies Act. These Compliance are applicable to Public Limited Company Private Limited Company One Person Company (OPC) Click here to see the List of Compliance

Compliance for Public, Pvt, OPC as per Companies Act 2013, DIR3-KYC, INC-22 A ACTIVE, DPT-3, BEN-1, BEN-2, MSME Form 1

01/05/2019

Frequently Asked Questions (FAQ's) on One Person Company (OPC) Based on the questions raised by my Clients, I have collated below list of FAQ's on OPC. Q1. What is a One Person Company? Ans. As per Section 62 of Companies Act, 2013, One Person Company means a company which has only one person as a member. One Person Company is popularly known as OPC. [ 1,343 more word ]

OPC (One Person Company) FAQ's, Compliance, Guidelines, Conversion, Taxes, Shop Act, IEC, Statutory Return,

01/05/2019

DIR-3 KYC Compliance The person who has been allotted DIN (Director Identification Number) for the purpose of appointment of director in any Company or LLP or OPC (One Person Company) needs to submit his/her ID and Address proof again in a separate form which is termed as DIR-3 KYC. To submit DIR-3 KYC, every director has to give true information where he/she lives or where he/she belongs to. [ 1,537 more word ]

DIR 3 KYC Compliance, Documents required, How to reactivate DIN, DIN Compliance FAQ's, Non-Compliance consequences of KYC

26/04/2019

Did you file Company KYC (e-form ACTIVe / INC-22A) yet ? If not, then there is an extension received from the Central Government on 25th April, 2019. As per Notification dated 25th April 2019, the Government has provided extension for filing e-form ACTIVE (i.e. Company KYC) on or before 15th June 2019. As per Companies (Registration and Fees) Amendment Rules, 2019, ( [ 156 more words ]

Did you file Company KYC (e-form ACTIVe / INC-22A) yet ? If not, then there is an extension received from the Central Government on 25th April, 2019. As per Notification dated 25th April 2019, the …

12/04/2019

A Little Background .. A "One Person Company" (OPC) is a company which has only one person as its Member. Only a natural person who is a citizen and resident of India - Shall be eligible to incorporate a One Person Company (OPC) Shall be nominee for the sole member of the One Person Company. A natural person shall not be a member of more than 1, One Person Company at any point of time and the said person shall not be a nominee of more than 1, One Person Company. [ 912 more words ]

A Little Background .. A “One Person Company” (OPC) is a company which has only one person as its Member. Only a natural person who is a citizen and resident of India – Shall be e…

30/06/2017

ONE PERSON COMPANY- REGARDING HOLDING OF BOARD MEETING, ANNUAL GENERAL MEETING AND FILING OF FINANCIAL STATEMENTS Meetings of Board {Section 173(5)} At least one meeting of the Board of Directors to be conducted in each half of a calendar year Gap between the two meetings should not be less than ninety days Exemption – if company has only one director. [ 315 more words ]

http://blog.abhyankarcs.com/company-formation-in-india/one-person-company-opc-compliance-annual-filing/

ONE PERSON COMPANY- REGARDING HOLDING OF BOARD MEETING, ANNUAL GENERAL MEETING AND FILING OF FINANCIAL STATEMENTS Meetings of Board {Section 173(5)} At least one meeting of the Board of Directors t…

26/03/2017

Simplified Proforma for Incorporating Company Electronically (SPICe) As you must be aware that for incorporating a Private limited company with minimum two members and two director or One Person company having one director and one member, it required to submit lots of documents and information, also required to file E-form INC-7, DIR-12 and INC-22 while incorporation process. With all these formalities it used to take around 1 month to register a Company. [ 1,787 more word ]

http://blog.abhyankarcs.com/company-formation-in-india/simplified-proforma-for-incorporating-company-electronically-spice/

Simplified Proforma for Incorporating Company Electronically (SPICe) As you must be aware that for incorporating a Private limited company with minimum two members and two director or One Person co…

28/10/2016

Relaxation of additional fees and extension of last date of filing in AOC-4 MGT-7 On 28.10.2016 Ministry of Corporate Affairs issued General Circular No. 12/2016 and provided relaxation of additional fees and further extension of last date of filing of e-forms AOC-4, AOC-4 (XBRL), AOC-4(CFS), MGT-7 till 29.11.2016.

http://blog.abhyankarcs.com/company-formation-in-india/relaxtion-additional-fees-extension-last-date-filing-aoc-4-mgt-7/

Relaxation of additional fees and extension of last date of filing in AOC-4 MGT-7 On 28.10.2016 Ministry of Corporate Affairs issued General Circular No. 12/2016 and provided relaxation of  additio…

01/06/2016

Considering the technical glitches being observed in the MCA Website, there is some relief to existing stake holders about filing of e-forms which are due for filing between 25.03.2016 to 30.06.2016 with Ministry of Corporate Affairs. The Government has provided relaxation of additional fees and extension of time for filing e-forms under Companies Act 2013 and Form 11 LLP. Following are the key points of the… [ 62 more words. ]

http://blog.abhyankarcs.com/company-formation-in-india/relaxation-additional-fees-extension-time/

Considering the technical glitches being observed in the MCA Website, there is some relief to existing stake holders about filing of e-forms which are due for filing between 25.03.2016  to 30.06.20…

08/06/2015

New Simplified Process of Incorporation of Company in India Applicable Sections governing INC-29 : 4, 7, 12, 152 and 153 of the Companies Act, 2013 along with relevant rules The Government of India has notified on 1st May 2015, a new system of incorporation of Private or Public limited company. It has introduced easy method of incorporating a company without waiting for making name application for reservation of name by the Registrar of Companies (RoC). [ 703 more words. ]

http://blog.abhyankarcs.com/company-formation-in-india/new-simplified-process-of-incorporation-of-company-in-india/

08/06/2015

THE COMPANIES (AMENDMENT) ACT, 2015 After implementation of New Companies Act 2014, the Government has made changes in provisions of the New Companies Act 2014 and published “Companies Amendment Act 2015” on 25.05.2015. This Act came into force on 26.05.2015. The amendment has been made in the requirement of paid up capital, common seal, filing e-form INC-21 with the Registrar for commencement of business, passing of special resolutions in certain cases and many more requirements which shall not apply henceforth. [ 2449 more words. ]

http://blog.abhyankarcs.com/company-formation-in-india/the-companies-amendment-act-2015/

E-form INC21 omitted, common seal optional, paid up capital, companies Amendment act 2015, Loan to directors, related party transactions

04/05/2015

Procedure of OPC (One Person Company) Formation, in India http://wp.me/p2YdJb-l0

Step by step guide to Formation / Registration / Incorporation of a OPC (One Person Company) , in India. Dilemma...while starting up a business the first question comes to anyone's mind is, should I start it as a Proprietorship firm or make it a Partnership firm with someone I trust, or register it as a Private Limited Company. The decision is purely personal & depends on many factors. [ 3564 more words. ]