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Introduction to MGT 7

MGT-7 is an automated form or e-form provided by the MCA (Ministry of Corporate Affairs) for companies to register their Annual Return.

Companies have to register their Annual Return in 60 days following the AGM (Annual General Meeting). Usually, this meeting is scheduled on September 30th following an appropriate Financial Year. So, excluding exceptions, MGT 7 is scheduled for 29th November all year. This e-form is managed by the ROC (Registrar of Companies) through automati

Establishing a private limited company with creative ideas is like giving wings to your own dreams. Especially when you are the owner of your own company. The most catchy part of starting the journey of owning a private company is a big risk. But a great profit is earned and one has to choose the finest entity for that. A company will be popular on the basis of catchy and engaging taglines. The private limited company does full justification to the taglines. The best examples are seen today.

• Reli

Before starting a new business, you need to understand the basic requirements for the business structure. The structure technically decides many factors including the operations, controls and ownership rights. If after the structure assessment, you find the Private Company as aright entity for your business, it’s time to dig in deeper. Let’s find an answer to what are the basic requirements for Private Limited Company Registration in India?

Decide objects and scope

The first step is to consider t

Running a company together is in no way an easy task, Going through all the legal procedures like Company Registration getting Import-Export License and Trademark Filing etc. along with managing logistics can be a very challenging task. In a way, you can say it is the marriage of the business world. So like a marriage, it is vital to keep both parties happy in order for the relationship or the business to prosper. However, no relationship whether it's a marriage or a business is free from hiccup

Special Courts and their Plight

Special Courts are up to their necks deep in corporate fraud cases with serious offenses. In this mess of serious offenses, many routine procedural errors and lapses are piling onto the pending cases and cluttering the justice system for corporates. In a pursuit, to "de-clog" the system, a 10-man government-appointed committee chaired by Mr. Injeti Srinivas are looking to bring about radical changes by restructuring corporate offenses. This attempt also comes as pa

August 7th Tuesday, the Lok Sabha passed 4 new bills in an attempt to GST procedures with a focus on empowering the MSME(Micro, Small and Medium Enterprises) sector. The government is also targeting to plug loopholes in existing laws and lightening ROC compliances requirements described as ‘complex’ by many a business owners. The new return filing system is expected to be put in place by the revenue department by January 2019 and would actively replace the current GSTR-3B and GSTR-1 returns.

In a

REVIEW INVESTMENT

Commonwealth Capital is proud to announce a New Venture Capital Fund specifically designed for Start-Up and Early Stage Companies.

We have access to many sources of capital for varying stages of a company’s existence. More importantly, we are looking to invest in start-up and early stage companies through our inaugural venture-capital fund, Commonwealth Capital Income Fund I.

Unlike most venture-capital firms, we’ve taken the mystery out of the application and funding process. We’re upfront about

Although there’s an unlimited number of ways to structure a deal, or a securities offering, the use of hybrid securities, such as; convertible notes or preferred stock, enables the entrepreneur to attract investors due to the recent ability to advertise the securities offering and compete with financial institutions for investor capital. Investors in today’s market are seeking short-term investments with relative safety and high yield.  If you provide this to the investor community, you will inc

The days of slowly and reluctantly accepting change are over for Brokers and Carriers in the Health, Life, and Voluntary Benefit  Markets.  Forces that are out of their control have taken over! 

For decades the Health and Life (H&L) Insurance Markets - Including the Insurance Carriers, Brokers/Agents, and Service Providers - have reluctantly accepted change on an Evolutionary Basis. While competition was stiff, most parties were enjoying a stable and profitable marketplace utilizing the same