Hey Friends,
Is there any relaxation in stamp duty payment in
incorporation of a Section 8 Company?
Regards,
Vidushi Rohatgi
section company incorporation payment stamp duty relaxation
Hey Folks!
What is the due date for filing annual return of OPC for 2021-22 annual filing?
Regards,
Vidushi Rohatgi
Can any one guide whether FLA is required to be filed in case of issuance of convertible notes to a foreign shareholder?
notes foreign shareholder convertible issuance required filed case whether
Dear Friends!
Who is the competent authority to approve CSR Policy?
Thanks and Regards
Vidushi Rohatgi
policy
Dear Members!
Which companies are not required to constitute CSR committee?
Regards
Vidushi Rohatgi
committee
Dear Folks!
Is certificate required from credit rating agency for accepting deposits by the companies and filing of ratings in form DPT-3
Thanks & Regards
Vidushi Rohatgi
filing
Hi Members,
Can a company issue bonus shares in the ratio of 1 : 1 ? Is there
any limit on the amount to be used from the reserve for the said
purpose ?
Regards,
Vidushi
Hi Member,
Please tell me if my company is already registered with a certain name enters into new set of activities of business which are not in consonance with the name of the company. Can a company continue with such activities of business ?
Regards,
Vidushi
As per the current regulations, an One Person Company (OPC) is not allowed to carry out the business of microfinance.
Microfinance institutions are regulated by the Reserve Bank of India (RBI) and require a specific license from the RBI to operate as a non-banking financial company (NBFC) engaged in microfinance activities. However, as per the regulations, an OPC cannot be registered as an NBFC engaged in microfinance activities.
Therefore, an OPC cannot carry out the business of microfinance unless it obtains the necessary license from the RBI and is registered as an NBFC engaged in microfinance activities.