Archive for the 'Statutory Matters' Category

What is a Section 25 Company?

Wednesday, March 14th, 2012 No Commented
Under: Entrepreneurship, Statutory Matters

Section-25 Company is a Non – Profit organization, registered under the Companies Act 1956. It can be formed as a Public or Private Company having a limited liability, with or without share capital. It needs a minimum of three trustees; there is no upper limit to the number of members. The Board of directors is [...]

CHANGE IN VALIDITY OF CHEQUE FROM 01-04-2012

Monday, February 27th, 2012 No Commented
Under: Statutory Matters

We, at Cogzidel would like to inform our readers that RBI has issued a notification regarding validity of cheques. Currently cheques issued are valid for a period of 6 months from the date of the cheque. The notification states that the validity period of cheques shall be reduced from 6 months to 3 months with effect [...]

How to apply for PAN for NRIs and Foreign Nationals?

Monday, February 6th, 2012 No Commented
Under: Statutory Matters

India being a country that encourages Foreign Investments, a good number of Foreign Nationals visit India frequently and also wish to start their business ventures here. Apart from capital, premises of business and various other factors, PAN for a Foreigner is essential for smoother operation of business in India What is a PAN? PAN stands [...]

A new year has started!! Have you declared your list of Holidays?

Thursday, January 5th, 2012 No Commented
Under: Entrepreneurship, human resources, Statutory Matters

New Year wishes to our readers from all of us at Cogzidel!! Many of us have the habit of taking up resolutions in the new year..The beginning of a new year initiates the necessity of certain legal compliances apart from our own resolutions!! One such legal compliance is with respect to labour – displaying the [...]

Due date for filing financial documents through XBRL mode – Extended to 31/12/2011

Monday, December 5th, 2011 No Commented
Under: Statutory Matters

MCA has issued general circular number 69/2011, which extends the due date for filing financial documents in XBRL mode (without any additional fee) to 31/12/2011. The notification has been reproduced below: