Bihar Records of Rights

Land records consist of several types of vital information such as sale deeds that are maintained by different departments. The documents also include Records of Rights, Tenancy and Crop Inspection Register (RTC), etc., and other information such as shape, soil, size, economic information pertaining to land use irrigation and crops. Bihar Records of Rights is an extract from the […]

CARO 2016 & CARO 2020

On March 29, 2016, the MCA issued the Companies (Auditor’s Report) Order, 2016 (CARO 2016). This order replaces the Companies (Auditor’s Report) Order, 2015, and applies to financial statements of companies whose fiscal year begins on or after April 1, 2015. MCA was of the objective that there are certain particular issues that are important

Draft Format of Directors Report: Small Company

All the registered companies are required to hold annual general meetings and file the company’s annual return with the ministry of corporate affairs.  Undoubtedly a director’s report is a very important document for all types of companies. According to the Companies Act, 2013 every board of directors of a company has to attach the reports

Trademark Search

A trademark search is a vital tool in your business’s marketing arsenal. This process enables you to identify trademarks already used within the market and gain insights into them. Moreover, it helps you ascertain if someone is attempting to register a trademark that might infringe upon your brand name or other brand-related identifiers. Here, we

gst registration application approval

Under Goods And Services Tax (GST), businesses whose turnover exceeds the threshold limit of Rs.40 lakh or Rs.20 lakh or Rs.10 lakh as the case may be, must register as a normal taxable person. It is called GST registration. For certain businesses, registration under GST is mandatory. If the organization carries on business without registering under GST,

Declaration and Payment of Dividend Under Companies Act 2013

Companies rely on funds to manage the affairs of their business successfully. Shareholders in a company play a vital role in raising funds, and in that process, they become its stakeholders. They exercise control over the share of profits in proportion to the money they invest. Dividend is known as the share of profit by

Audit of Insurance Companies

Insurance auditors while conducting insurance audits will review credit policy and procedures, tax records, risk assessments, and other financial records of insurance. This is done to ensure that appropriate insurance standards and premiums are applied and that insurance companies adhere to the rules. Some of the key areas to be considered during insurance audits are

Section 31 – The Competition Act, 2002

Orders of Commission on certain combinations (1) Where the Commission is of the opinion that any combination does not, or is not likely to, have an appreciable adverse effect on competition, it shall, by order, approve that combination including the combination in respect of which a notice has been given under sub-section (2) of section 6. (2) Where

Dearness Allowance

India has continuously been experimenting with various measures to curb the effects of rising inflation in the country. Food is the commodity that gets hit the most, and this often has a direct impact on the economy itself. Therefore, Dearness Allowance/ DA comes in to play a vital role in protecting the everyday lives of

Section 30 – The Competition Act, 2002

Inquiry into disclosures under sub-section (2) of section 6. Where any person or enterprise has given a notice under sub-section (2) of section 6, the Commission shall inquire— (a) whether the disclosure made in the notice is correct; (b) whether the combination has, or is likely to have, an appreciable adverse effect on competition.]   Amendment 1. Section 30 shall stand substituted (date