Important Compliance Obligations for Private Limited Companies
Introduction In the realm of corporate governance, adherence to regulatory obligations is crucial for Private Limited companies (PLCs) to function smoothly and sustainably. Regulated by entities like the Registrar of Companies (ROC), these statutory obligations serve as the foundation of corporate accountability and transparency. This detailed guide delves into the essential compliance standards for Private […]
Due Dates For OPC Annual Filing For FY 2023-24
An OPC, or One Person Company, is a company with a single member. Unlike Private Limited or Limited Liability Partnerships, OPCs have fewer compliance requirements. However, it is crucial to pay attention to the statutory due dates for OPC annual filing in the upcoming financial year to ensure timely compliance. To assist with this, we […]
Companies Act 2013 Guidelines for Depreciation Rates and Provisions
Depreciation under the Companies Act 2013, which is applicable from the financial year 2014-15 and thereafter, is calculated based on the useful life of assets, their cost, and residual value. The Act provides flexibility in choosing between the Written Down Value (WDV) or Straight Line Method (SLM) for depreciation calculation. Here are the key provisions […]
Frequently Asked Questions about the Non-Disclosure Agreement (NDA)
Introduction In the business world, safeguarding confidential information is crucial to protect intellectual property and maintain a competitive edge. Non-Disclosure Agreements (NDAs) play a vital role in ensuring the confidentiality of sensitive information. This article aims to address frequently asked questions about NDAs, including their purpose, types, and application in different scenarios. What is a […]
ROC Compliance Calendar for the due dates falling in the year 2023-24 (Due dates for ROC Filing forms FY 2022-23)
Every business structure registered in India such as Private Limited Company, Public Limited Company, One Person Company, Limited Liability Partnership, etc. is obligated to file specific forms every year with the Registrar of Companies. According to the Companies Act, 2013, and the Limited Liability Partnership Act, 2008, all companies and LLPs registered in India must […]
