Limited Liability Partnership (LLP) is an ideal business structure for entrepreneurs seeking flexibility with limited liability protection. It combines the benefits of a partnership and a private limited company, making it a popular choice for small businesses and professionals. If you are planning to register an LLP in India, this guide will walk you through the step-by-step process of LLP...
Filing Income Tax Returns (ITR) is an essential yet intricate task that every taxpayer must undertake. Whether you are an individual taxpayer, a self-employed professional, or a business owner, ensuring accurate and timely ITR filing is crucial. Many people often find the ITR filing process challenging due to its complex rules and frequent changes in tax laws. That’s where hiring a...
The ADT-3 form is a crucial compliance document that a company must file with the Ministry of Corporate Affairs (MCA) when an auditor resigns before completing their term. Filing ADT-3 correctly ensures that the resignation is legally recorded, helping the company maintain proper compliance with The Companies Act, 2013. Incorrect submission can lead to penalties and legal complications.
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A company's board of directors plays a crucial role in decision-making and governance. However, over time, businesses may need to replace or appoint new directors due to various reasons, such as resignation, retirement, non-performance, or strategic restructuring. The director change process must be carried out in compliance with the legal framework set by the Companies Act, 2013.
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Every registered company in India is subject to regulatory compliance and governance. One of the key authorities overseeing corporate affairs is the Registrar of Companies (ROC). But what is ROC, and why is it crucial for businesses? Understanding its functions and significance helps companies ensure smooth operations while staying legally compliant.
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Introduction
The ADT-3 form is an essential compliance document under the Companies Act, 2013, required when an auditor resigns before completing their term. Filing ADT-3 on time ensures transparency and smooth regulatory compliance. But when should you submit ADT-3 to the ROC? Understanding the correct timeline and process is crucial for both auditors and companies.
What is ADT-3?
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