Month: January 2019

FAQ ON Mandatory Furnishing of information about payment to micro and small enterprise suppliers

FAQ ON SPECIFIED COMPANIES (FURNISHING OF INFORMATION ABOUT PAYMENT TO MICRO AND SMALL ENTERPRISE SUPPLIERS) ORDER, 2019 1.    APPLICABILITY OF THIS ORDER or SPECIFIED COMPANIES?  All companies, who get supplies of goods or services from micro and small enterprises and whose payments to micro and small enterprise suppliers exceed forty five days from the date …

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ALL ABOUT THE CERTIFICATE OF COMMENCEMENT OF BUSINESS UNDER THE COMPANIES ACT, 2013

   INTRODUCTION: The Ministry of Corporate Affairs has re-introduced the concept of commencement of business certificate. Under the newly introduced The Companies (Amendment) Ordinance 2018, all companies registered in India after the commencement of the Companies (Amendment) Ordinance, 2018 and having a share capital is required to obtain commencement of business certificate before commencing any business or exercising …

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