Hello, is it necessary to amend the PPM (Private Placement Memorandum) due to the dematerialization of AIF (Alternative Investment Fund) units? Given that redemptions/issues would now be processed in dematerialized form, what would be your suggestion regarding this?
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memorandum
dematerialization
placement
private
amend
necessary
For amending the partnership deed of a firm based in Delhi, could you please provide information on the requirements and the timeline involved in completing the necessary procedures with the Registrar of Firms?
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partnership
amending
Please share the key notes and Amendment for The Limited Liability Partnership (Amendment) Rules, 2022.
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amendment
partnership
liability
limited
Please share the Notification and details. Applicability and what are the new changes came?
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Is there an option available to amend the name of the identified investor in the resolution that was filed for the private placement offer using Form MGT-14?
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Can a registered trademark be amended at later date?
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amended
trademark
registered
Under amended Schedule III of the Companies Act, 2013 the Depending upon the Total Income of the company, the figures appearing in the Financial Statements 10[shall] be rounded off to the nearest hundreds, thousands, lakhs or millions or decimals thereof.
Query:
Whether the financials to be reported in the Directors report shall also be rounded off in the same manner as above or it can be shown absolute number i.e. without roundiing off.The company is a small co with a turnover of 95 lacs.
Is there any change in the format of Directors report of 2022 due to change OR amended Schedule III of the Companies Act, 2013
The LLP’s revised fee amendment wef. 1 Apr 2022, is this applicable for previous years returns filing also?
applicability
fees
regard
amendment
Please share Directors Report
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"The proposed name(s) is/are descriptive since the name(s) consist(s) of commonly used word(s) to describe an
activity and is/are undesirable as per Rule 8A(1)(s) of Companies (Incorporation) Fifth Amendment Rules, 2019. Add a
prefix/suffix to it to make it/them specific/unique."
Name filed got objected please suggest
Dear Members,
If the job worker subsequently registers, should the principal amend his registration by canceling the job-workers premises as his additional place of business?
registration
workers
cancellation
principal
amendment
case
As per Section: 90. Register of significant beneficial owners in a company
Every individual, who acting alone or together, or through one or more persons or trust, including a trust and persons resident outside India, holds beneficial interests, of not less than twenty-five per cent. or such other percentage as may be prescribed, in shares of a company or the right to exercise, or the actual exercising of significant influence or control as defined in clause (27) of section 2, over the company (herein referred to as “significant beneficial owner”), shall make a declaration to the company, specifying the nature of his interest and other particulars, in such manner and within such period of acquisition of the beneficial interest or rights and any change thereof, as may be prescribed:
Concerned: Companies (Significant Beneficial Owners) Amendment Rules
"majority stake" means;- (i) holding more than one-half of the equity share capital in the body corporate; or (ii) holding more than one-half of the voting rights in the body corporate; or (iii) having the right to receive or participate in more than one-half of the distributable dividend or any other distribution by the body corporate;
“significant beneficial owner” in relation to a reporting company means an individual referred to in sub-section (1) of Section 90, who acting alone or together, or through one or more persons or trust, possesses one or more of the following rights or entitlements in such reporting company, namely: (i) holds indirectly, or together with any direct holdings, not less than ten percent, of the shares; (ii) holds indirectly, or together with any direct holdings, not less than ten percent, of the voting rights in the shares; (iii) has right to receive or participate in not less than ten per cent, of the total distributable dividend, or any other distribution, in a financial year through indirect holdings alone, or together with any direct holdings; (iv) has right to exercise, or actually exercises, significant influence or control, in any manner other than through direct-holdings alone:
For the purpose of this clause, an individual shall be considered to hold a right or entitlement indirectly in the reporting company, if he satisfies any of the following criteria, in respect of a member of the reporting company, namely: - (i) where the member of the reporting company is a body corporate (whether incorporated or registered in India or abroad), other than a limited liability partnership, and the individual, (a) holds majority stake in that member; or (b) holds majority stake in the ultimate holding company (whether incorporated or registered in India or abroad) of that member;
BEN-1: Every individual, who subsequently becomes a significant beneficial owner or where his significant beneficial ownership undergoes any change, shall file a declaration in Form No. BEN-1 to the reporting company, within 30 days of acquiring such significant beneficial ownership or any change therein.
BEN-2: Upon receipt of declaration, the reporting company shall file a return in Form No. BEN-2 with the Registrar within a period of thirty days from the date of receipt of such declaration.
How to determine the SBO ?
amendment
rules
owners
beneficial
companies
significant
section
