services

Not Yet Filed BEN-2 Form? Last Date of Filing Extended To 30th September with Relaxation of Additional Fees

In a previous article Companies to file Form BEN-2 to ROC to Declare Significant Beneficial Owners (SBO) [Read Here], we provided information about how the Ministry of Corporate Affairs (MCA) amended Companies Significant Beneficial Owners (SBO) Rules, 2018 in February 2019. The goal of this amendment is to simplify the identification of a company’s SBOs. …

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NFRA Rules and NFRA-1 Form: Which Companies Will Be Governed by the Rules and Who Has to File the Form?

The National Financial Reporting Authority (NFRA) is an independent regulatory body constituted under Companies Act 2013 (Section 132). The constitution of this authority is effective from 1st October 2018. The main purpose of the NFRA is to assist in the framing and enforcement of legislation relating to accounting/auditing. It is an effort by the Indian …

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Innovation In Law Firms: No Longer An Exception But A Rule!

Technological innovation is shaking up virtually every industry globally and the legal industry is no exception! The massive growth and adoption of ‘Legal Tech’ – where investment hit a record $1 billion in 2018! – indicates that lawyers and law firms want to use innovative technology like :- Case management software such as eDiscovery AI-based …

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Celebrate World Password Day and Fight Fraud with Biometrics

Did you know that the first Thursday of May is celebrated as World Password Day?! Nuance, specialists in ‘conversational AI’ software solutions, recently conducted a 5-country survey to understand consumer attitudes to passwords and the potential of biometrics to safeguard individuals from fraud. The study found that: Consumers find it challenging to maintain passwords for …

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