Hello Professionals
Whether a lending transaction would fall under the definition of digital lending only if all the processes in the life cycle of a loan, viz., customer acquisition, credit assessment, loan approval, disbursement, recovery, and associated customer service, are carried out digitally or some of the aforesaid processes can be carried out in physical mode also?
Dear Friends!
Whether casual workers are to be included in the definition of 'Employee' as per Employees' State Insurance Act, 1948 ?
Please confirm the effective date to identify the small company as CARO 2020 applicability totally depend upon the Definition of Small Company. CARO 2016 & 2020
Hello Everyone!
Is there any change in the definition of Small Company ?
If yes, whether it is to be effective for F.Y. 2021-22 as well ?
Please share if any one can help.
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Is the term ‘vanishing company’ defined under the Companies Act,
2013 ? What does it include ?
Hi
Can anyone, please advice how to check whether the change in registered office is within the local limits. We are considering the change within gurgaon only.
Dear All,
The Turnover of a Company for the Financial Year ended on 31st March 2020 is 25 Crores and the Turnover of the Company as at 31st March 2021 is 17 Crores. Now, when I am trying to file Form MGT-7, I am getting the message to file Form MGT-7A.
In my opinion it is not a Small Company, because as per last P&L A/C (i.e., as at 31st March 2020), the Turnover is 25 Crores.
Now, what should I do ? Proceed with filing Form MGT 7A or raise a ticket to MCA
Please, someone, clear the definition of a small company and the effective date of Applicability?
Dear Members
In case a private company having the paid up share capital of Rs. 4 crore and turnover is nil, but the company is having an associate company. please clarify in this case the company is a small company or not and the applicability of form MGT 7 or MGT 7A.
Because in this case , i tried both the forms and both are prefilled without any error.
Thanks
Dear All,
The Turnover of a Company for the Financial Year ended on 31st March 2020 is 25 Crores and the Turnover of the Company as at 31st March 2021 is 17 Crores. Now, when I am trying to file Form MGT-7, I am getting the message to file Form MGT-7A.
In my opinion it is not a Small Company, because as per last P&L A/C (i.e., as at 31st March 2020), the Turnover is 25 Crores.
Now, what should I do ? Proceed with filing Form MGT 7A or raise a ticket to MCA
Why is there no proper definition of a company in the Indian Companies Act?
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