10 Major Changes in CARO, 2020 vs CARO, 2016 in Fastrack Summary Mode

10 Major Changes in CARO, 2020 vs CARO, 2016 in Fastrack Summary

As you would be aware, Companies (Auditor’s Report) Order 2020 or CARO 2020 has been notified by MCA, applicable with effect from 25th February, 2020....

Independent Director Registration – A Detailed Guide on Step by Step Process, Law and...

{UPDATE ALERT} MCA Relaxed Examination Criterion for Experienced Director's vide Notification Dated 28th Feb, 2020 - For Details read Comment Box Below the Post. With...
Government allows 100% FDI in coal mining

Government allows 100% FDI in coal mining

Union Minister of Railways and Commerce Piyush Goyal announced the approval of 100 per cent Foreign Direct Investment (FDI) in coal mining and associated infrastructure while...
New CSR Amendment 2019 - No More Comply or Explain, It is Comply or Imprisonment !

New CSR Amendment 2019 – No More Comply or Explain, It is Comply or...

On 31 July 2019, the Companies (Amendment) Act 2019 (Amendment) received assent of the President of India. On the one hand, the Amendment retains...
How Long Books of Accounts Must be Preserved In India

How Long Books of Accounts Must be Preserved In India

Books of Accounts are required to be maintained mandatorily in several cases viz, if you a company registered under companies act or you are...
DPT-3 Due Date '30th June' is not as per Companies Act

Why DPT-3 Due Date ’30th June’ is not as per Companies Act?

As per Rule 16 of the Companies (Acceptance of Deposits) Rules, 2014 : A return in Form DPT-3 on or before the 30th day of...
LLP Cannot Do Manufacturing Business Says MCA - Is it Right? - No in our View and LLP Act does not debars manufacturing business in any way

Why A LLP Not Allowed to DO Manufacturing Business by MCA?

UPDATE - 17th APRIL, 2019 - MCA HAS WITHDRAWN THE OFFICE MEMORANDUM (MENTIONED BELOW) W.E.F 17TH APRIL, 2019 THEREBY GIVING END TO CONFUSION. So we...
MCA Extends DPT-3 Due Date and Reporting Period

MCA Extends DPT-3 Due Date and Reporting Period

As per Rule 16A(3) of the Companies (Acceptance of deposit) Rules, 2014 "every company other than Government company shall file a onetime return...

Government Bans Unregulated Deposits – High Impact Ordinance

The Government has issued The Banning of Unregulated Deposit Schemes Ordinance 2019 on 21.02.2019. Pursuant to this ordinance now any Individual or group of individuals...
Big Relief for Disqualified Directors by Gujarat HC

Big Relief for Disqualified Directors by Gujarat HC

Quick Case Summary  {Gaurang Balvantlal Shah vs Union of India} Section 164(2) which had come into force from 1-1-2014 would have prospective and not retrospective...
ICSI Releases Guidance Note on Dividend

ICSI Releases Guidance Note on Dividend

The Institute of Company Secretaries of India has released a Guidance Note on Dividend. This Guidance note sets out the explanations, procedure and practical...
Companies Amendment Bill 2018 ROC Physical Verification

New Companies Act will Allow ROC At Your Doorstep & ERA of Commencement Procedure...

Section 12 (9) to be inserted vide Companies (Amendment) Bill, 2018 currently tabled at Lok Sabha says that:- "If the Registrar has reasonable cause...

AOC-4 & MGT-7 Due Date Extended to 31.12.2018

AOC-4 & MGT-7 Due Date Extended to 31.12.2018 The Due Date for Annual Return under ROC i.e. AOC-4 and MGT-7 has been duly extended to...
NBFC New Financial Reporting Format

New Financial Reporting Format of NBFC’s

SCHEDULE III OF THE COMPANIES ACT, 2013 - BALANCE SHEET - AMENDMENT IN SCHEDULE III NOTIFICATION , DATED 11-10-2018 In exercise of the powers conferred by sub-section...
NFRA Active 24th October 2018 Power and Roles

NFRA – The Auditor’s BOSS Active w.e.f 24th October, 2018

Vide Notification    dated 24th October, 2018, the Ministry of Corporate Affairs has activated the provisions of Section  132 pursuant to which the National...

How To File For Condonation of Delay Scheme, 2018 For Disqualified Companies / Directors...

How To File For Condonation of Delay Scheme, 2018 For Disqualified Companies / Directors  - Come Out Clean or Repent ! Whereas, companies registered under the Companies Act,...
Call Us Now