https://www.taxtmi.com/news?id=23632 Decriminalisation of the Limited Liability Partnership regime is proposed to align LLP compliance with recent decriminalisation of procedural and technical compoundable offences under corporate law, broadening administrative remedies; revisions to the Small Company definition increase paid up capital and turnover thresholds to ease compliance; One Person Company reforms remove caps on capital and turnover, ease residency requirements and permit NRIs to incorporate; NCLT strengthening and alternate MSME debt resolution mechanisms are proposed alongside launch of MCA21 Version 3.0 for AI driven e scrutiny and e adjudication. en-us Mon, 01 Feb 2021 13:48:09 +0530 Mon, 01 Feb 2021 13:48:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23632 Decriminalisation of the Limited Liability Partnership regime is proposed to align LLP compliance with recent decriminalisation of procedural and technical compoundable offences under corporate law, broadening administrative remedies; revisions to the Small Company definition increase paid up capital and turnover thresholds to ease compliance; One Person Company reforms remove caps on capital and turnover, ease residency requirements and permit NRIs to incorporate; NCLT strengthening and alternate MSME debt resolution mechanisms are proposed alongside launch of MCA21 Version 3.0 for AI driven e scrutiny and e adjudication. News - Mon, 01 Feb 2021 13:48:09 +0530 https://www.taxtmi.com/news?id=23632