I. Shareholding pattern for subsidiaries The difference between a subsidiary company and a wholly-owned subsidiary company is as follows: Note: Such a pattern is followed to fulfil the requirements of having two shareholders minimum (Sec.3 of Companies Act, 2013). II. Directors position for subsidiaries
FREE CONSULTATION COMPANY FRESH START SCHEME, 2020 It is a one-time relaxation provided to Companies which have defaulted in filing the statutory documents with the Registrar of Companies (ROC) within the required due dates. The Companies which opt for this scheme shall not be required to pay any additional fees (penalty) for failure to file …
Schemes to File Pending Returns Without Penalty for Companies & LLP’s Read More »
Introduction Why Is It Almost 95% of companies formed in India are private limited companies. Hence, private limited companies are the core base of Indian companies. This resulted in need of ‘Detailed To-do-List of Annual Compliances (Legal, Tax & HR)’ which is required to be followed to get rid of the violation. Such a violation may …
Intension of CFSS, 2020:
File all the pending ROC forms & immune from disqualification of directors & late fee of Rs. 200 per day or Rs. 10,000 as the case may be.