Registration of FIR is mandatory under Section 154 of the Code, if the information discloses commission of a cognizable offence and no preliminary inquiry is permissible in such a situation.
Resolved that pursuant to Section 2(2)(iv) of the Cost and Works Accountants Act, 1959 as amended, the Council of the Institute hereby opines that a member shall be deemed to be in practice if he
Intermediate (IPC) and Final Course students – Companies Act, 2013 shall not be applicable for May 2014 examinations both at the Intermediate (IPC) and Final levels.
Obtain the details of the promoters / directors and/or Key Managerial Personnel of the listed companies who shall be responsible for ensuring compliance with the provisions of the Listing Agreement and in case of defaults, disclose such details on its website.
Many CA firms including big Firms may lose audit of Companies providing utility service providers & other companies due to the certain new impractical disqualifications inserted in the new Companies Act. Sec 141(3) of the Companies Act, 2013
Many CA firms including big Firms may lose audit of Companies due to the certain new impractical disqualifications inserted in the new Companies Act. Sec 141(3) of the Companies Act, 2013 states that the following persons shall not be eligible for appointment as an auditor of a company
All my friends. Settle down let me talk, I will get more and more emotional (crowd gets louder and louder as he composes himself). My life, between 22 yards for 24 years, it is hard to believe that that wonderful journey has come to an end,
The New Companies Act 2013 has introduced some new concept in the Act. There are some concepts due to which many areas of excellence have taken birth for a professional. Registered Valuer Concept is required as per the new Companies Act 2013 for the valuation of different assets of the company like property, stocks, shares, debentures, securities, goodwill or any other asset.
Can user of financial statements/Depositors rely on such Balance Sheets which has been signed by Central Statutory Auditors on the basis of meager number of Audited Branches due to increase in limit from Rs. 5 crore to Rs. 20 Crores by the regulator:-
It is generally said by every expert that an auditor will be removed under new company Law only after obtaining previous approval of central Govt. Sec 140(1) confirms this. However, in my opinion an auditor can be removed under new company Law without obtaining previous approval of central Govt also .
