CS Shubham Kapoor

FM Nirmala Sitharaman announced the third tranche of the mammoth Rs 20 lakh crore stimulus package today. The eleven measures announced today dealt with upgrading farm infrastructure, animal husbandry & fisheries and governance reforms. The finance minister said that the three tranches of stimulus announced so far is aimed at empowering people to help them become self-sufficient and earn livelihoods. The finance minister, flanked by MoS Anurag Thakur and secretaries in the finance ministry, started her daily rounds of press conference from Wednesday unveiling the Modi government's mega Covid stimulus of Rs 20 lakh crore. During her first interaction on Wednesday she focussed on the MSME sector, NBFCs and power discoms. India Inc welcomed the measures announced for the beleaguered MSME sector saying that they will mitigate the pain and help in saving jobs. The second set of relief measures were announced on Thursday particularly aimed at migrant wor...

Meaning of Registered office A registered office is the official address of a company to which all official letters, notices and reminders will be sent by any person, any government or non government or regulatory body. In terms of Section 7 of the  Companies Act, 2013  (the “Act”), all registered companies are legally required to have a registered office address in India from the date of commencement of business or within fifteen days (As per  Companies Amendment Act, 2017  period  of 15 days shall be substituted with 30 days) from the date of incorporation whichever is earlier However, under the incorporation process effective as on date, the proposed company is required to intimate the address of its proposed registered office  the time of incorporation itself. Usually a registered office is situated where most of the stakeholders reside. The only reason being is for their convenience. However sometimes it happens so that the registered office needs to b...