Striking off Company Name under Companies Act, 2013: ALL CS and Companies Need to Know
Striking off refers to the removal of a company’s name from the Register of Companies maintained by the Registrar of Companies (RoC). Once struck off, the company ceases to exist as a legal entity and cannot undertake any business operations. This is distinct from winding up, which is a more elaborate process involving liquidation of assets and settlement of debts. ...
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Company Secretary Duties: Annual Compliance Checklist for CS for Private Company Under Companies Act
A one-person company and a small company does not require a signature from CS ...
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MCA Issues Show Cause Notice for Cost Audit Non Compliance with Section 148 of the Companies Act, 2013
Ministry of Corporate Affairs (MCA) has recently issued numerous notices to companies for non-compliance with Section 148 of the Companies Act, 2013. The primary reason for these notices is the failure to file Cost Audit Reports (Form CRA-4) on time or at all. Companies might not prioritize the timely filing of Cost Audit Reports, assuming there would be no legal risks. But the current regulatory landscape has changed as the MCA sends show cause notices and non-compliance leads to penalties and legal actions. In this article, let’s explore this issue in more detail. ...
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Bitcoin (BTC) Confirms First Major "Death Cross" of 2025: What’s Next?
U.Today - In a chilling signal for crypto investors, Bitcoin (BTC), the first and largest cryptocurrency by market cap, has completed its first major death cross of 2025, coinciding with bearish sentiment amid an ongoing market-wide sell-off that has triggered over $1.4 billion in liquidations. ...
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Is it mandatory to restart GST Invoice Number from 1 in every Financial Year?
To understand the legal aspect of this, we need to look at Rule 46(b) of CGST Rules, 2017 which deals with Tax Invoice Numbering in GST. ...
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New 30-Day E-Invoice Rule to Take Effect from April 1, 2025 – What Businesses Need to Know
Key Updates on GST E-Invoicing Rule 2025 Previously, this 30-day reporting mandate applied only to businesses with an AATO of Rs. 100 crore or more. With the threshold now lowered, thousands of mid-sized enterprises must comply with this new GST e-invoice rule. ...
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