The words “unless otherwise provided in the Articles” appearing in paragraph 1.1.1 of SS-1 suggest that a company may have in its Articles, a provision that is stricter than what is stated in this paragraph of SS-1.
In such cases, that provision in the Articles should be complied with ?
we know that Annual return on Foreign Liabilities and Assets has been notified under FEMA 1999 and it is required to be submitted by all the India resident companies which have received FDI and/ or made overseas investment in any of the previous year(s), including current year by July 15 every year. Non-filing of the return before due date will be treated as a violation of FEMA and penalty clause may be invoked for violation of FEMA.
The annual return on Foreign Liabilities and Assets (FLA) is required to be submitted directly by all the Indian companies which have received FDI (foreign direct investment) and/or made FDI abroad (i.e. overseas investment) in the previous year(s) including the current year i.e. who holds foreign Assets or Liabilities in their Balance Sheets.
Earlier we had to file in Excel based FLA return and that should be sent by email by 15 July. Any other attachment should not be forwarded along with the FLA return but now its totally online and need to file through flair Portal RBI;
The format is available on https://flair.rbi.org.in However, the format and email-based reporting system has been replaced by the web-based formats for submission of annual FLA return from June 2019 (i.e., reporting from the 2018-19 round of FLA). In this web-based reporting system of FLA, entities first need to create business-user through “Entity-User Registration form”.
But someone having, Share the Word / Excel file of FLA Return format, so that the relevant data or details can be obtained from the Company before filing the final return at FLAIR Portal.
Hello everyone,
I am incorporating a Company for making movies and other related works. (Film Industry), Kindly share your knowledge whether i have to take any other approvals or certification with any other authority.
Kindly help me with this query.
Hi,
In Private co, can one Director A (who is also holding 98% equity) remove Director B (who is holding 2% equity) without his consent.
I mean one director (A ) wants to remove another director(B) without his (B) consent and appoint someone else in his position. Can this be done ?
Respected Members,
Can we allot shares for Consideration other than cash to existing shareholders through the right issue u/s 62(1)(a) route or we have to follow u/s 62(1)(c) preferential allotment?
Dear All,
Is it required to intimate/obtain consent from the creditors of the company while shifting of registered office from one ROC to another within the same state.
Dear All,
We had filed form INC -28 on 09/07/2021 for shifting of registered office from Patna to Gujarat however we have still not received the approval and we were being told that order has been dispatched and status of the said form will change once we receive it.
Can any one please advise normally how many days it takes to approve form INC- 28 ?
Dear All,
Please provide the name of a section 8 or 25 company which has converted into other types of companies under Companies Act, 2013.
Dear Members,
Can a private limited company issue shares for consideration other than cash to a director who is not a shareholder?
Will it be covered by preferential issue U/S 62(1) (c)?
Thank you!
Hi Friends,
A Private company has taken loan from a bank and the charge registration for it was done with MCA not that loan has been taken over by another Bank do we need to file form for charge modification or is there any other compliance?
Hi Friends,
A Private company has taken loan from a bank and the charge registration for it was done with MCA not that loan has been taken over by another Bank do we need to file form for charge modification or is there any other compliance?
Hi,
Any one has done shifting of registered office from one state to another state of an LLP? Can you please send the procedure ?
Thanks