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Registration of Charges Under Companies Act 2013
A charge is a right created by any person including a company referred to as “the borrower” on its assets and properties, present and...
Manprit Mahal
Jun 10, 20235 min read
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Loans from the Directors, Shareholders And Relatives
With the Amendment of the act, the New Companies Act, 2013 has removed the shareholders, and the relatives of the directors are removed...
Manprit Mahal
May 27, 20233 min read
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Maintaining MINUTES Mandatory & Penalties for non compliance - Companies Act,2013
It is mandatory for companies to maintain minutes of both board meetings and general meetings. The maintenance of minutes is an essential...
Manprit Mahal
May 24, 20232 min read
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GST E-Invoices on IRP(Invoice Registration Portal)-(Report In 7 Days) w.e.f 01-05-2023, Deferred
The GST Network (GSTN) released advisories on 12th April 2023 and 13th April 2023 on the government portal. It has notified that some...
Manprit Mahal
May 23, 20232 min read
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LOANS TO DIRECTORS NOT ALLOWED & EXEMPTION-Companies Act
Section 185 of Companies Act 2013 (1) No company shall, directly or indirectly, advance any loan, including any loan represented by a...
Manprit Mahal
May 15, 20233 min read
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E-INVOICING LIMIT REDUCED TO 5 CRORE FROM 10 CRORE W.E.F 01-08-2023
Notification No. 10/2023-Central Tax Dated: 10th May, 2023 related to Central Goods and Services Tax Rules, involving a reduction in...
Manprit Mahal
May 11, 20231 min read
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Understanding Related Party Transactions as per Companies Act and Accounting Standards Introduction:
Related Party:- A “related party” is a person or an entity that is related to the reporting authority . The person includes a legal...
Manprit Mahal
May 10, 202330 min read
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Applicability of Audit Trail-Amendment in Companies Act
1. Amendment in Companies Act, 2013 to incorporate Audit Trail Provisions Companies (Accounts) Amendment Rules, 2021 amended Rule 3 of...
Manprit Mahal
May 9, 20235 min read
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The Fake Development-Chapter 2
“Twisted form of Democracy & Secularism” Everything come with some Pros and Cons According to me the Law of Isaac Newton "Every Action...
Manprit Mahal
Aug 10, 20201 min read
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The Fake Development-Chapter 1
“Every Action has Equal and Opposite Reaction” The Fake Development We Live on Earth, which is geologically divided into 7 continents or...
Manprit Mahal
Aug 10, 20202 min read
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Q1 2020 Analysis
The Covid-19 negative among India Inc are getting singled out! April-June quarter earnings show several businesses from across sectors...
Manprit Mahal
Aug 10, 20201 min read
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