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MCA Update On EGM

Due to Covid-19 the Ministry of Corporate Affairs in continuation of Ministry’s general circular no. 14/2020 dated 8th April, 2020, No. 17/2020 dated 13th April, 2020, No. 22/2020 dated 15th June, 2020, No. 33/2020 dated 28th September, 2020 and No. 39/2020 dated 31st December, 2020 after due examination they come with the new notification that every company can conduct their Extra-Ordinary General meeting through video

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LIMITED LIABILITY PARTNERSHIP (LLP) NEW RULES AND PROCEDURE

Limited Liability Partnership (LLP) is a new form of corporate entity; it is a partnership in which partners have limited liabilities. LLP is regulated under the Limited Liability Partnership Act, 2008 and registered with Central Government under the Ministry of Corporate Affairs (MCA). As on 26th January 2018, the application for allotment of Designated Partner

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Private Limited Company vs One Person Company

The company is a broad term, having varied structures, restrictions, rules and liabilities. It can be public limited company, private limited company, nidhi company, one person company etc. Among all, one person company is the most unheard of. Comparatively, it is a newer concept in India, but more common in other countries. Private Limited Company

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