#BeTheFirst

Linkedin Facebook Instagram Twitter Youtube
Menu

MCA

Academia

Company Due Diligence Checklist

Due Diligence of a Company is the process of reviewing the company legal, compliance, and financial aspects of the company. A company due diligence is recommended during purchase or sales or lending or investment or acquisition or merger or other business transactions. The major challenges in the due diligence process are 1. Scope of Due Diligence 2. Sources of Information 3. Aggregation of Information 4. Analysing the information 5. Making informed decisions, and last but most importantly performing all these actions in time.

Read More
Academia

Suspension at Stock Exchange Explained

Suspension of trading, as the name suggests, means that an exchange has temporarily halted trading in a particular stock or other security. Suspension of trading stock exchange is the process by which a stock exchange is closed, either temporarily or permanently. During this period there are no new trades accepted. The National Stock Exchange of India (NSE) regulates with suspension of trading stock exchange. 

Read More
Academia

New Struck-Off Company Disclosure Requirement in Financial Statements of FY21-22

On March 24, 2021, The Ministry of Corporate Affairs (MCA) has introduced more elaborative disclosure requirements regarding financial statements of companies for financial statements prepared for FY 2021-22. One such requirement is disclosure of transactions with companies struck off by Registrar of Companies (‘RoC’) under section 248 of the Act, or under section 560 of the Companies Act, 1956.

Read More
Corporate

1.67 Lakh Companies Registered with MCA in FY 2021-22

1.67 Lakh Companies Registered with MCA during Financial Year 2021-22. The no of companies incorporated in FY 2021-22 are highest ever compared to any of the previous financial years. During the FY 2021-22, there is an increase of 8% in the no of companies incorporated compared to the previous financial year. A total of 1.55 Lakh companies registered during FY 2020-21

Read More