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
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...
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
Books of Accounts are required to be maintained mandatorily in several cases viz, if you a company registered under companies act or you are...
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...
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UPDATE - 17th APRIL, 2019 - MCA HAS WITHDRAWN THE OFFICE MEMORANDUM (MENTIONED BELOW) W.E.F 17TH APRIL, 2019 THEREBY GIVING END TO CONFUSION.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
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
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
The Institute of Company Secretaries of India has released a Guidance Note on Dividend. This Guidance note sets out the explanations, procedure and practical...
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...
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 – 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,...