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Videos uploaded by user “Legal and Tax Experts”
How to Start a Proprietorship Firm
 
09:13
Sole proprietor is the easiest and a very basic form of doing business. Any online or offline business can be done in this form. Let's understand how to run a business in a Proprietorship form and how to register it.
Views: 29194 Legal and Tax Experts
NGO and its types
 
04:33
NGO is a Non-governmental Organization established to promote social welfare or any such other object. They typically run social welfare programs like food camps, medical aid, medicare etc. There are various types of NGO like Society, Trust, and Section 8 Company. NGOs can’t pay out profits as dividends to members, need to reinvest its profits back in NGO activities. Let's understand types of NGO in detail in this video.
Views: 12489 Legal and Tax Experts
How to choose a Name of Company
 
06:46
Choosing a name for a Company is the most important and tough step of Company registration. Choosing the right name of company saves our money and time. Please go through this video to understand few tips and do's and dont's while choosing a name.
Views: 32529 Legal and Tax Experts
How to start a Private Limited Company   Full Video
 
08:03
Private Limited Company is the most popular, worldwide accepted and sorted form of doing business. Limited liability, easy access to fund, can add shareholders, improved business credibility are some of its advantages. Let's understand how to form a private limited company and its benefits.
Views: 5008 Legal and Tax Experts
How to close a Private Limited Company
 
05:53
A private Limited should be closed properly. If not properly closed, then it invites penalties. Let’s understand how to close a Company and what all ways are available to close a Company.
Views: 5780 Legal and Tax Experts
80G Registration
 
03:08
Donors are more interested to donate in NGO’s who are 80 G registered. Let's understand what is 80 G, how to get 80G registration and what are the benefits to donors and NGO after getting 80G registration.
Views: 3417 Legal and Tax Experts
How to Start a Partnership Firm
 
08:38
Business is not a one-man game or a one-man show. Adding partners in a business improves pace of work and helps to achieve altitudes in industry. Few tips should be kept in mind while starting a partnership firm to avoid future disputes.
Views: 3301 Legal and Tax Experts
Who pays Income Tax in India
 
05:26
As per Finance Act 2017, the Late filing of Income Tax will attract heavy penalties, so it’s very important to understand few basic concepts of Income Tax like what is Income Tax, why we pay Income Tax, how much tax is imposed on us and when is the last date to file Income Tax Return. Let’s understand them one by one.
Views: 1487 Legal and Tax Experts
How to issue share Certificates in a Private Limited Company
 
07:03
A share certificate is the most important document issued to Shareholder of Company. Share Certificate evidence ownership of Shareholder in a Company. Shareholder receives Share Certificate after investing in Share Capital of Company. Let's understand what is share, what is share Certificate, the procedure to issue share Certificates, Particulars of Share Certificate, stamp duty on share Certificates and what all records company has to maintain for issuing Share Certificate.
Views: 10840 Legal and Tax Experts
Mandatory Compliances of a PRIVATE LIMITED COMPANY
 
03:19
Private Limited Company is the most sorted form of doing business. Limited Liability, easy access to funding, can add shareholders are some of its advantages. To enjoy these benefits you need to do certain compliance with private Limited Company. Let's understand the regulatory compliances of a private limited company.
Views: 1380 Legal and Tax Experts
CLOSE COMPANY – DEFUNCT OR INOPERATIVE COMPANY – (2018)
 
10:29
A. What is defunct Company? Ans: No business activity from incorporation till one year or more, or in running Companies - No business activity in last two years. Even if a Company has not filed Balance sheet and Annual Return with ROC then also it is considered as defunct Company. B. Procedure to close defunct Company First thing is Close or pay off all your liabilities and Pass Special Resolution or take consent from shareholders having 75% of paid share Capital or more. File Application with ministry with reasons to close Company. Also attach NOC with application if your Company is governed from any special Act. NOC from Authority if Company is governed by any special Act like if it is NBFC than NOC from RBI, Insurance Company – NOC IRDA, Capital Market Intermediary – NOC from SEBI, Collective Investment Scheme – NOC from SEBI, Asset Management Company – NOC from SEBI, Any other Special Act – NOC from authority under that Special Act. Application for closing Company is filed in STK-2 which is certified by practicing professional like CS/CA/CMA. Few documents are attached with Company Closure Application (STK-2) 1. Indemnity Bond duly notarized by every Director in STK-3 2. Statement of Accounts prepared up to a day, not beyond thirty days before the date of application and certified by a Chartered Accountant 3. An affidavit in Form STK 4, sworn by each director 4. A copy of special resolution duly certified by each of the directors of the company or consent of seventy-five percent of the members of the company in terms of paid up share capital as on the date of application. 5. ROC sends notice to all authorities where Company is registered and asks for NOC from that authority for Company Closure. 6. After closing Company, ministry publish same in Official gazette C. Which type of Companies can’t apply for closing their Company under sec 242 (8) of Companies Act 2013 1. Listed Company. 2. Delisted Company and delisted due to non-compliance of listing regulations or listing agreement or any other statutory laws. 3. Vanishing Company. 4. Companies where inspection or investigation order is pending. 5. Companies whose Compounding order is pending. 6. Public Deposits are outstanding or defaulted in repayment 7. Charges are pending for satisfaction You may check my Facebook page also:- https://www.facebook.com/legalandtaxe...
Views: 1647 Legal and Tax Experts
How To Register a Trademark in India
 
11:22
Getting brand name registered is the most important thing right from the starting of the business. Because at times your product gets more popularity than the owner or promoter. At that time there is a high chance that someone else might take advantage of your brand name and start exploiting your market. In this video lets understand how to protect a brand name by registering a trademark. Fees and Payments – Madrid system- http://www.wipo.int/finance/en/madrid.html
Views: 4322 Legal and Tax Experts
Legal and Tax Tips for New Startups
 
15:07
Before starting any business, one should know basic legal and tax terminologies or concepts, applicable to a business on a day to day basis. If we don’t understand these concepts like a right structure of business, taxes, sources of finances, IPR, Contract Laws etc, it would be tough for us to grow a business. Let's understand them one by one.
Views: 3045 Legal and Tax Experts
ROC NORMAL AND ADDITIONAL FEES ON BALANCE SHEET AND OTHER DOCUMENTS- (2018)
 
11:53
After incorporation of a Company, certain filings are very important to run a Company. Some fees is also imposed on you while filing these documents. Let’s understand these fees in detail. To understand fees, let’s divide filing into two parts. One is Compulsory filing like Balance sheet and Annual return and second is event based filing. This compulsory and event based forms need to filed in a specific time which is given in their respective section along with requisite fees. This fee is given in Table of fees is given in COMPANIES (REGISTRATION OFFICE AND FEES) RULES, 2018 whose link is below mentioned:- http://ebook.mca.gov.in/Actpagedisplay.aspx?PAGENAME=18204 This table is further subdivided into six parts FIRST PART – First part is further subdivided into three categories First subcategory of part I – Normal fees payable, in case of Company limited by shares is calculated ON THE BASIS OF AUTHORIZED SHARE CAPITAL. And in case, if Company is not limited by shares, then Normal fees payable is CALCULATED ON THE BASIS OF NUMBER OF MEMBERS. Second subcategory of part I – Additional fees on ROC forms Third subcategory of part I – For increase in authorised capital, the additional fees applicable. SECOND PART - FEE ON APPLICATIONS (including Appeal) made to Central Government under sub-section (2) of Section 459 of the Companies Act, 2013. THIRD PART - Annual Fee payable by a dormant company FOURTH PART – Fee for Inspection and providing certified copies of documents kept by the Registrar FIFTH PART – Fee for registration of documents of FOREIGN COMPANY SIXTH PART - Fees for Removal of Names of Companies from the Registrar of Companies under section 248 (2) of the Act.. This is table of fees, where fees to be paid in ROC is explained in detail. Most important amendment, recently in Companies Act is, if you skip due date of Balance sheet and Annual Return, then Rs. 100 per day additional fees is imposed on you. In forms other than Balance Sheet and Annual Return, Additional fees table needs to be checked. Facility of filing forms with additional fees is available only till 270 days after normal filing period. After 270 days you face problem in filing form and dialog box is appeared that first get your delay condoned with CG then only you can file ROC forms. These days this problem is coming mostly with MGT-14. So get you forms filed within time and save your pocket from additional charges and penalties. Table of fees link http://ebook.mca.gov.in/Actpagedisplay.aspx?PAGENAME=18204
Views: 3618 Legal and Tax Experts
How to Close a Partnership Firm
 
02:11
Closing a partnership Firm is a little complex. For dissolving a partnership we need to check dissolution clause mentioned in partnership Firm. Let’s understand how to close a partnership firm and technicalities involved in same.
Views: 1044 Legal and Tax Experts
DORMANT COMPANY- REGISTRATION- (2018)
 
12:40
Q. WHAT IS DORMANT COMPANY? Dormant Company means sleeping Company or deep freezing a Company Q. For how long, we can maintain a DORMANT COMPANY status? For max 5 years we can keep in Dormant Company Status. After 5 years, change dormant status to active, otherwise, the ministry will strike off name of Company in their records. Q. Which type of Company can be converted to dormant? Ans: Company doing either of the following activities can be converted to dormant company: 1. No significant Accounting transactions, or 2. Incorporated for any future project, or 3. holding only land, or 4. Holding only intellectual property 5. No Business activity 6. No annual Filing to ROC Q. How to convert into Dormant status? File Application (MSC-1) Ministry issues certificate in MSC-2 after approving Dormant status Q. Attachments with MSC-1? 1. Board Resolution authorizing applicant 2. Special resolution 3. Auditor Certificate 4. Audited Statement of Affairs 5. NOC from a regulatory authority 6. Latest Financial Statement and Annual return 7. NOC from creditors if the unsecured loan is pending 8. declaration that there is no dispute within management Q. Which types of Companies cannot apply for dormant status? Following Companies cannot apply for dormant status 1. Listed Company 2. Taxes are outstanding 3. Public deposits are outstanding 4. Interest is due on Public Deposits 5. Workmen dues are pending 6. Secured Loans are pending 7. Prosecution/ Investigation is pending against Company Q. What all filing Dormant Company can do? 1. Balance Sheet and Annual Return in MSC-3 2. Maintain required minimum directors 3. Can change directors 4. Can Allot Shares Q. How to convert dormant to active? Apply in MSC-4 with required attachments
Views: 1344 Legal and Tax Experts
CONDONATION OF DELAY UNDER SEC 460 OF COMPANIES ACT 2013
 
05:52
Q. What will happen if there is a Delay beyond 270 days after normal filing time period in filing documents to ROC? Ans. A dialog box is appeared that you can file these documents in ROC only after condoning your delay with Central Government. Q. What is the procedure of Condonation of Delay under sec 460 of CA, 2013 ? Ans. CG-1 form is filed to ROC with requisite attachments and fees Where, attachments with CG-1:- 1. CTC of BR authorizing representative 2. Petition 3. Affidavit indemnifying petition 4. Memorandum of Appearance 5. Letter of Authorization 6. Other required doc CG verify your petition and imposes penalty accordingly. CG issues order. Copy of Order is filed in ROC with Form INC-28. Q. Difference between Compounding and Condonation of Delay u/s 460 of CA, 2013? Ans: Condonation of delay means when you delay your filing then you go for condonation. Compounding means a short cut method to avoid litigation and is done for those offences which are punishable with “fine” or “Imprisonment or fine” and not with imprisonment only. Please check link for list of Resolutions u/s 117 and Sec 179 0f Companies Act 2013 Sec 117 of Companies aCt 2013 http://ebook.mca.gov.in/Default.aspx?page=main Sec 179 of Companies aCt 2013 http://ebook.mca.gov.in/Default.aspx?page=main
DIR 3 - KYC update of Directors (2018)
 
11:19
1. What is DIR-3C KYC FORM? DIR-3 KYC FORM is mandatory for those directors who have been allotted DIN on or before 31st March 2018 and whose DIN is in “Approved status” would be mandatorily required to file DIR-3 KYC FORM on or before 31st August 2018. 2. WHICH TYPE OF DIRECTORS ARE REQUIRED TO FILE DIR-3KYC FORM? TWO TYPES OF DIRECTORS:- 1. INDIAN DIRECTORS 2. FOREIGN DIRECTORS 3. WHICH DOCUMENTS ARE REQUIRED TO FILE DIR-3 KYC FORM? IN CASE OF INDIAN DIRECTOR:- 1. PAN CARD 2. Aadhar Card 3. Personal Mobile Number and E-mail ID of directors IN CASE OF FOREIGN DIRECTORS IN INDIAN COMPANY 1. Passport. 2. Mobile No. and E-mail ID of the director himself/ herself only and will be verified by OTP. 4. FEE FOR FILING DIR -3 KYC FORM? 1. Till 31st August– No Fees 2. After 31st August 2018 - Rs. 5000/‐. 5. CONSEQUENCE FOR NOT FILING E-FORM DIR-3 KYC DIN will be deactivated after 31st August with the reason as ‘Non-filing of DIR-3 KYC’ Facebook page : https://www.facebook.com/legalandtaxexperts/photos/rpp.198404024243619/281172749300079/?type=3&theater
Views: 3265 Legal and Tax Experts
How to choose a name of company - Quick View
 
01:18
Choosing a name for a Company is the most important and tough step of Company registration. Choosing the right name of company saves our money and time. Please go through this video to understand few tips and do's and dont's while choosing a name.
TYPES OF COMPANIES
 
04:48
Choosing a business structure is the toughest and most important part. One has to choose structure keeping goal and vision of business in mind. Let's understand types of business structures available and which business structure is best suited for you.
Condonation of Delay Scheme
 
07:30
Condonation of Delay scheme 2018 is a scheme available after a large number of representations filed by disqualified directors. This scheme is open for three months from 01 January 2018 to 31st March 2018 wherein DIN of disqualified directors will be activated to facilitate pending annual filing. In this video, learn how to take benefit of this scheme to avoid harsh penalties by the ministry in future.
Views: 2657 Legal and Tax Experts
How to issue Share Certificates in a Private Limited Company - Quick View
 
01:15
A share certificate is the most important document issued to Shareholder of Company. Share Certificate evidence ownership of Shareholder in a Company. Shareholder receives Share Certificate after investing in Share Capital of Company. Let's understand what is share, what is share Certificate, the procedure to issue share Certificates, Particulars of Share Certificate, stamp duty on share Certificates and what all records company has to maintain for issuing Share Certificate.
Condonation of Delay Scheme - Quick View
 
00:50
Condonation of Delay scheme 2018 is a scheme available after a large number of representations filed by disqualified directors. This scheme is open for three months from 01 January 2018 to 31st March 2018 wherein DIN of disqualified directors will be activated to facilitate pending annual filing. In this video, learn how to take benefit of this scheme to avoid harsh penalties by the ministry in future.
Views: 1442 Legal and Tax Experts
Top Common Myths Related To Income Tax Return Filing
 
16:14
End of Financial year and tax season again!! Income Tax Return should be filed by the due date to avoid penalties and loss of refund. Few myths and rumors surround ITR filing. Let’s burst these common Income Tax Return myths and understand the corresponding fact against these myths.
Mandatory Compliances of a PRIVATE LIMITED COMPANY -Quick View
 
00:59
Private Limited Company is the most sorted form of doing business. Limited Liability, easy access to funding, can add shareholders are some of its advantages. To enjoy these benefits you need to do certain compliance with private Limited Company. Let's understand the regulatory compliances of a private limited company.
80G Registration - Quick View
 
00:47
Donors are more interested to donate in NGO’s who are 80 G registered. Let's understand what is 80 G, how to get 80G registration and what are the benefits to donors and NGO after getting 80G registration.
Legal and Tax Tips for new Startups - Quick View
 
01:02
Before starting any business, one should know basic legal and tax terminologies or concepts, applicable to a business on a day to day basis. If we don’t understand these concepts like the right structure of business, taxes, sources of finances, IPR, Contract Laws etc, it would be tough for us to grow a business. Let's understand them one by one.
How to start a Private Limited Company in India - Quick View
 
01:04
Private Limited Company is the most popular, worldwide accepted and sorted form of doing business. Limited liability, easy access to fund, can add shareholders, improved business credibility are some of its advantages. Let's understand how to form a private limited company and its benefits.
NGO and its types - Quick view
 
00:51
NGO is a Non-governmental Organization established to promote social welfare or any such other object. They typically run social welfare programs like food camps, medical aid, medicare etc. There are various types of NGO like Society, Trust and Section 8 Company. NGOs can’t pay out profits as dividends to members, need to reinvest its profits back in NGO activities. Lets understand types of NGO in detail in this video.
How to close a Private Limited Company - Quick View
 
00:40
A private Limited should be closed properly. If not properly closed, then it invites penalties. Let’s understand how to close a Company and what all ways are available to close a Company.
CLOSE COMPANY – DEFUNCT OR INOPERATIVE COMPANY – (2018) - Quick View
 
00:51
A. What is defunct Company? Ans: No business activity from incorporation till one year or more, or in running Companies - No business activity in last two years. Even if a Company has not filed Balance sheet and Annual Return with ROC then also it is considered as defunct Company. B. Procedure to close defunct Company First thing is Close or pay off all your liabilities and Pass Special Resolution or take consent from shareholders having 75% of paid share Capital or more. File Application with ministry with reasons to close Company. Also attach NOC with application if your Company is governed from any special Act. NOC from Authority if Company is governed by any special Act like if it is NBFC than NOC from RBI, Insurance Company – NOC IRDA, Capital Market Intermediary – NOC from SEBI, Collective Investment Scheme – NOC from SEBI, Asset Management Company – NOC from SEBI, Any other Special Act – NOC from authority under that Special Act. Application for closing Company is filed in STK-2 which is certified by practicing professional like CS/CA/CMA. Few documents are attached with Company Closure Application (STK-2) 1. Indemnity Bond duly notarized by every Director in STK-3 2. Statement of Accounts prepared up to a day, not beyond thirty days before the date of application and certified by a Chartered Accountant 3. An affidavit in Form STK 4, sworn by each director 4. A copy of special resolution duly certified by each of the directors of the company or consent of seventy-five percent of the members of the company in terms of paid up share capital as on the date of application. 5. ROC sends notice to all authorities where Company is registered and asks for NOC from that authority for Company Closure. 6. After closing Company, ministry publish same in Official gazette C. Which type of Companies can’t apply for closing their Company under sec 242 (8) of Companies Act 2013 1. Listed Company. 2. Delisted Company and delisted due to non-compliance of listing regulations or listing agreement or any other statutory laws. 3. Vanishing Company. 4. Companies where inspection or investigation order is pending. 5. Companies whose Compounding order is pending. 6. Public Deposits are outstanding or defaulted in repayment 7. Charges are pending for satisfaction You may check my Facebook page also:- https://www.facebook.com/legalandtaxexperts/?hc_ref=ARQG_CBOXmieImideDfgvizZ_UamqY1IlL__F7p1OPiJ76kKpIWEhyQbdD3EeiPKAKM&fref=nf
Few Tasks you should finish before and after 31st March 2018
 
10:41
Are you among those, who do tax filing at last moment or not aware of latest updates in Tax laws related to the filing. If you are one of those, then please go through this video and understand latest developments in Tax laws related to Income Tax filing. Also, this video is important for everyone who is a taxpayer in India.
How to Close a Partnership Firm - Quick View
 
00:55
Closing a partnership Firm is a little complex. For dissolving a partnership we need to check dissolution clause mentioned in partnership Firm. Let’s understand how to close a partnership firm and technicalities involved in same.
Who pays Income Tax in India - Quick View
 
01:07
As per Finance Act 2017, the Late filing of Income Tax will attract heavy penalties, so it’s very important to understand few basic concepts of Income Tax like what is Income Tax, why we pay Income Tax, how much tax is imposed on us and when is the last date to file Income Tax Return. Let’s understand them one by one.
DIR 3 - KYC update of Directors (2018) - Quick view
 
00:55
1. What is DIR-3C KYC FORM? DIR-3 KYC FORM is mandatory for those directors who have been allotted DIN on or before 31st March 2018 and whose DIN is in “Approved status” would be mandatorily required to file DIR-3 KYC FORM on or before 31st August 2018. 2. WHICH TYPE OF DIRECTORS ARE REQUIRED TO FILE DIR-3KYC FORM? TWO TYPES OF DIRECTORS:- 1. INDIAN DIRECTORS 2. FOREIGN DIRECTORS 3. WHICH DOCUMENTS ARE REQUIRED TO FILE DIR-3 KYC FORM? IN CASE OF INDIAN DIRECTOR:- 1. PAN CARD 2. Aadhar Card 3. Personal Mobile Number and E-mail ID of directors IN CASE OF FOREIGN DIRECTORS IN INDIAN COMPANY 1. Passport. 2. Mobile No. and E-mail ID of the director himself/ herself only and will be verified by OTP. 4. FEE FOR FILING DIR -3 KYC FORM? 1. Till 31st August– No Fees 2. After 31st August 2018 - Rs. 5000/‐. 5. CONSEQUENCE FOR NOT FILING E-FORM DIR-3 KYC DIN will be deactivated after 31st August with the reason as ‘Non-filing of DIR-3 KYC’ Facebook page : https://www.facebook.com/legalandtaxexperts/photos/rpp.198404024243619/281172749300079/?type=3&theater
ROC NORMAL AND ADDITIONAL FEES ON BALANCE SHEET AND OTHER DOCUMENTS- (2018)
 
01:04
After incorporation of a Company, certain filings are very important to run a Company. Some fees are also imposed on you while filing these documents. Let’s understand these fees in detail. To understand fees, let’s divide filing into two parts. One is Compulsory filing like Balance sheet and Annual return and second is event based filing. This compulsory and event-based forms need to filed in a specific time which is given in their respective section along with the requisite fees. This fee is given in Table of fees is given in COMPANIES (REGISTRATION OFFICE AND FEES) RULES, 2018 whose link is below mentioned:- http://ebook.mca.gov.in/Actpagedisplay.aspx?PAGENAME=18204 This table is further subdivided into six parts FIRST PART – First part is further subdivided into three categories The first subcategory of part I – Normal fees payable, in case of Company limited by shares is calculated ON THE BASIS OF AUTHORIZED SHARE CAPITAL. And in case, if the Company is not limited by shares, then Normal fees payable is CALCULATED ON THE BASIS OF NUMBER OF MEMBERS. Second subcategory of part I – Additional fees on ROC forms The third subcategory of part I – For an increase in authorized capital, the additional fees applicable. SECOND PART - FEE ON APPLICATIONS (including Appeal) made to Central Government under sub-section (2) of Section 459 of the Companies Act, 2013. THIRD PART - Annual Fee payable by a dormant company FOURTH PART – Fee for Inspection and providing certified copies of documents kept by the Registrar FIFTH PART – Fee for registration of documents of FOREIGN COMPANY SIXTH PART - Fees for Removal of Names of Companies from the Registrar of Companies under section 248 (2) of the Act.. This is a table of fees, where fees to be paid in ROC is explained in detail. The most important amendment, recently in Companies Act is, if you skip due date of the Balance sheet and Annual Return, then Rs. 100 per day additional fees is imposed on you. In forms other than Balance Sheet and Annual Return, Additional fees table needs to be checked. Facility of filing forms with additional fees is available only till 270 days after normal filing period. After 270 days you face problem in filing form and a dialog box is appeared that first get your delay condoned with CG then only you can file ROC forms. These days this problem is coming mostly with MGT-14. So get you forms filed within time and save your pocket from additional charges and penalties. Table of fees link http://ebook.mca.gov.in/Actpagedisplay.aspx?PAGENAME=18204
DORMANT COMPANY- REGISTRATION- (2018) - Quick View
 
00:52
Q. WHAT IS DORMANT COMPANY? Dormant Company means sleeping Company or deep freezing a Company Q. For how long, we can maintain a DORMANT COMPANY status? For max 5 years we can keep in Dormant Company Status. After 5 years, change dormant status to active, otherwise, the ministry will strike off name of Company in their records. Q. Which type of Company can be converted to dormant? Ans: Company doing either of the following activities can be converted to dormant company: 1. No significant Accounting transactions, or 2. Incorporated for any future project, or 3. holding only land, or 4. Holding only intellectual property 5. No Business activity 6. No annual Filing to ROC Q. How to convert into Dormant status? File Application (MSC-1) Ministry issues certificate in MSC-2 after approving Dormant status Q. Attachments with MSC-1? 1. Board Resolution authorizing applicant 2. Special resolution 3. Auditor Certificate 4. Audited Statement of Affairs 5. NOC from a regulatory authority 6. Latest Financial Statement and Annual return 7. NOC from creditors if the unsecured loan is pending 8. declaration that there is no dispute within management Q. Which types of Companies cannot apply for dormant status? Following Companies cannot apply for dormant status 1. Listed Company 2. Taxes are outstanding 3. Public deposits are outstanding 4. Interest is due on Public Deposits 5. Workmen dues are pending 6. Secured Loans are pending 7. Prosecution/ Investigation is pending against Company Q. What all filing Dormant Company can do? 1. Balance Sheet and Annual Return in MSC-3 2. Maintain required minimum directors 3. Can change directors 4. Can Allot Shares Q. How to convert dormant to active? Apply in MSC-4 with required attachments
Condonation Of Delay Under Sec 460 Of Companies Act 2013
 
00:46
Q. What will happen if there is a Delay beyond 270 days after normal filing time period in filing documents to ROC? Ans. A dialog box is appeared that you can file these documents in ROC only after condoning your delay with Central Government. Q. What is the procedure of Condonation of Delay under sec 460 of CA, 2013 ? Ans. CG-1 form is filed to ROC with requisite attachments and fees Where, attachments with CG-1:- 1. CTC of BR authorizing representative 2. Petition 3. Affidavit indemnifying petition 4. Memorandum of Appearance 5. Letter of Authorization 6. Other required doc CG verify your petition and imposes penalty accordingly. CG issues order. Copy of Order is filed in ROC with Form INC-28. Q. Difference between Compounding and Condonation of Delay u/s 460 of CA, 2013? Ans: Condonation of delay means when you delay your filing then you go for condonation. Compounding means a short cut method to avoid litigation and is done for those offences which are punishable with “fine” or “Imprisonment or fine” and not with imprisonment only. Please check link for list of Resolutions u/s 117 and Sec 179 0f Companies Act 2013 Sec 117 of Companies aCt 2013 http://ebook.mca.gov.in/Default.aspx?page=main Sec 179 of Companies aCt 2013 http://ebook.mca.gov.in/Default.aspx?page=main
How to Start a Prorietorship Firm - Quick view
 
02:01
Sole proprietor is the easiest and a very basic form of doing business. Any online or offline business can be done in this form. Let's understand how to run a business in a Proprietorship form and how to register it.
ANNUAL FILING TO ROC FOR FY 2013-14
 
01:17
-- Created using PowToon -- Free sign up at http://www.powtoon.com/ . Make your own animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 1589 Legal and Tax Experts
Types of Companies - Quick View
 
00:58
Choosing a business structure is the toughest and most important part. One has to choose structure keeping goal and vision of business in mind. Let's understand types of business structures available and which business structure is best suited for you.
How To Open a Demat Account In India
 
06:58
We want to grow our investments through share market and the stock market. Knowing Demat account is the very first step before entering the stock market. Demat Account is a very important thing if you are planning to buy shares online and planning to do trading. Let's understand very basic concepts like what is Demat Account, how does Demat account work and how to open a Demat Account. List of Depositories with CDSL https://www.cdslindia.com/dp/dplist.aspx List of Depositories with NSDL https://nsdl.co.in/related/deprt.php
How to Start a Partnership Firm - Quick View
 
01:19
Business is not a one-man game or a one-man show. Adding partners in a business improves pace of work and helps to achieve altitudes in industry. Few tips should be kept in mind while starting a partnership firm to avoid future disputes.
Top Common Myths Related To Income Tax Return Filing - Quick View
 
02:16
End of Financial year and tax season again!! Income Tax Return should be filed by the due date to avoid penalties and loss of refund. Few myths and rumors surround ITR filing. Let’s burst these common Income Tax Return myths and understand the corresponding fact against these myths.