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Applicability of Secretarial Audit Report with amendment in rules
Brief provision of applicability of Secretarial Audit Report with amendment in rules vide Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020The applicability of the...
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Form BEN-2 Date Extended to 31.03.2020
General Circular No. 1/2020- Time limit for filing e-form No.BEN-2 is extended upto 31.03.2020 without payment of additional fee and thereafter fee and additional fee shall be payable.General Circular...
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Relax additional fees & extend last date of filing various e-forms: ICSI
ICSI requests Ministry of Corporate Affairs for Relaxation of additional fees and for extension of last date for filing of various e-forms under the Companies Act, 2013 vide its letter dated 27th Dece...
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Invitation of Nominations for National CSR Awards 2020
Ministry of Corporate Affairs, Government of India has instituted National Corporate Social Responsibility (CSR) Awards to recognize companies that have made a positive impact on the society through t...
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NFRA founds Issues in statutory audit of IL&FS done by Deloitte
Ministry of Corporate AffairsNational Financial Reporting Authority issues Audit Quality Review report of the statutory audit for 2017-18 of IL&FS Financial Services LimitedPosted On: 12 DEC 2019The N...
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Sanctioned for prosecution given to 366 cases in violation of CSR norms
Ministry of Corporate AffairsPosted On: 10 DEC 2019 5:38 PM by PIB DelhiWhenever any violation of Corporate Social Responsibility (CSR) provisions is reported, action against such non-compliant Compan...
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SFIO’s prepares 55 reports on fraud & misappropriation by Companies
Ministry of Corporate AffairsSFIO’s Market Research Analysis Unit prepares 55 reports on fraud & misappropriation by Companies; SFIO assigned 12 for probePosted On: 09 DEC 2019 4:38PM by PIB DelhiDuri...
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CLC recommends decriminalisation of compoundable offences
Ministry of Corporate AffairsCompany Law Committee (CLC) recommends decriminalisation of compoundable offences under Companies ActPosted On: 03 DEC 2019 by PIB DelhiThe Company Law Committee, constitu...
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Corporate Affairs Ministry Launches Independent Director’s Databank
Ministry of Corporate AffairsPosted On: 02 DEC 2019 6:10PM by PIB DelhiThe Ministry of Corporate Affairs, with the objective of strengthening the institution of Independent Directors under the Compani...
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MCA filed 11,082 prosecutions for non-filling of statement of accounts by Companies
Posted On: 02 DEC 2019 3:12PM by PIB DelhiAs per the provisions of the Companies Act, prosecutions are filed by the Ministry of Corporate Affairs (MCA) through Registrar of Companies against such comp...
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MCA amended Companies (Cost Records and Audit) Amendment Rules
due to implementation of GST, other procedural changes and consequent revision of connected forms i.e. CRA-1 and CRA-3Posted On: 02 DEC 2019 3:12PM by PIB DelhiThe Ministry of Corporate Affairs (MCA)...
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MCA initiatives to reduce cost of compliance by companies
Ministry of Corporate AffairsMCA initiatives to reduce cost of compliance by various small private limited companiesPosted On: 25 NOV 2019 5:45PM by PIB DelhiThe Ministry of Corporate Affairs (MCA) ha...
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MCA notifies Department of Biotechnology (DBT) for CSR
MCA further amends Schedule VII of the Companies Act, 2013 which relates to Activities which may be included by companies in their Corporate Social Responsibility Policies and included contribution to...
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Company Law Committee-2019 submits its report to Finance Minister
The Company Law Committee was constituted by the Ministry of Corporate Affairs in September, 2019, inter alia, to further decriminalise the provisions of the Companies Act, 2013 based on their gravity...
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Removal of name of company from register of companies- Reg
THE INSTITUTE OFCompany Secretaries of IndiaIN PURSUIT OF PROFESSIONAL EXCELLENCEStatutory body under an Act of ParliamentMCA: 1/11:2019November 11, 2019Shri Injeti Srinivas, IAS SecretaryMinistry of...
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Exempt delayed filing fee for DIR-3 KYC for directors of J&K & Ladakh
ICSI request MCA for considering granting exemption from delayed filing fee for DIR 3KYC for the directors resident in the UT of Jammu and Kashmir and UT of Ladakh.THE INSTITUTE OFCompany Secretaries...
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Guidance Note on Division III – Schedule III to Companies Act, 2013
GUIDANCE NOTE ON DIVISION III – SCHEDULE III TO THE COMPANIES ACT, 2013 FOR NBFC THAT IS REQUIRED TO COMPLY WITH IND ASThe Institute of Chartered Accountants of India (ICAI) through the Corporate Laws...
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Disqualification of Directors for Non-Filing of Annual ROC Returns
Disqualification of Directors for Non-Filing of Annual Statements or Financial Statements for continuous period of 3 yearsMCA in September 2017, identified over 3 Lakh directors associated with the co...
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MCA started identifying Directors Disqualified U/s. 164(2)( a) to take action
Important Update on ‘Identification and flagging of Disqualified Directors u/s 164(2) ( a) of the Companies Act, 2013Please note that the Registrars of Companies (ROCS) are in process of identificatio...
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CSR is a true manifestation of Bapu’s Trusteeship Philosophy: President of India
Ministry of Corporate AffairsCSR is a true manifestation of Bapu’s Trusteeship Philosophy: President of IndiaPresident of India Confers First National Corporate Social Responsibility (CSR) Awards for...