Article Analyses Section 230– Power to Compromise or Make Arrangements with Creditors and Members and Section 231– Power of Tribunal to enforce Compromise or arrangement of the Companies Act, 2013. Section 230– Power to Compromise or Make Arrangements with Creditors and Members. Notified Date of Section: 7/12/2016- Effective Date: 15/12/2016 230. […]
Procedure What, if a Company have filed with ROC any E-Form with wrong particulars and the same gets approved? How to cancel SRN NO.? Yes, an approved SRN can be cancelled! Visit the respective ROC of the States, where the registered office of the situated. ROC will guide how to SRN get cancelled. ROC will […]
What is Micro, Small and Medium Enterprises? MSME is classified under two categories. Manufacturing Enterprise Service Enterprise They are defined in term of investment in plant and Machinery/Equipment- Enterprises Micro Small Medium Manufacturing Rs. 25 Lakh More than Rs. 25 Lakh but less than Rs. 5 Crore More than 5 Crore but less than 10 […]
Form PAS-6 (Reconciliation of Share Capital Audit Report on half yearly basis) and It’s Applicability Purpose: Reconciliation of Share Capital Audit Report on half yearly basis. Provisions: Pursuant to Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014 as amended vide Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019 Relevant Rule: […]
This Article is all about the procedure to be followed by the shareholder in case his Share certificate(s) Lost or Misplaced. WHAT TO DO IF YOUR SHARE CERTIFICATE HAS LOST OR MISPLACED? – *Note-1: All Documents shall be submitted to the Company/RTA. *Note-2: Indemnity Bond and Affidavit shall be notarized by First class Magistrate. DRAFT […]
Form NFRA-1 is notified by MCA vide Notification dated 13th November 2018 for the purpose of Notice to the Authority by a body corporate regarding its auditor. Provision: Pursuant to section 132 of the Companies Act, 2013 and Rule 3(2) and 3(3) of the National Financial Reporting Authority Rules, 2018. Classes of companies and bodies […]
Brief of the Details required for the purpose of MSME-1 & DPT-3 Details required for Form MSME-1 1. Total outstanding amount as on the date of notification i.e. 22ndJanuary 2019. 2. of Supplies for which the amount is due for more than 45 Days from the date of supply of Goods or Services. 3. Particulars […]
Draft Acknowledgement letter by Trust to Company On the letter head of the Trust Date… To, ABC Ltd, Address Sub: A BIG THANKS FOR YOUR GRATITUDE Dear Sir, We acknowledge with grateful thanks your kind donation of Rupees …………….vide Cheque No…………….. dated……………… to………………… Trust. We are enclosing our receipt no……………….. dated……………. We wish to express […]
Request Letter Sub: To confirm whether your enterprise is Micro or Small Enterprise or not under the Micro, Small and Medium Enterprise Development Act, 2006. Dear Sir/Madam, With reference to the MCA Notification, dated 22nd January, 2019, all companies, who get supplies of goods or services from Micro and Small Enterprises and whose payments to […]
CSAS-1 Auditing Standard on Audit Engagement Applicability: 1. Applicable to Auditor undertaking Audit Engagement under any Statute. 2. CSAS-1 deals with the Auditor’s role and responsibilities w.r.t Audit Engagement and the process of entering into an understanding/ agreement with the Appointing Authority. – Effective Date: Objective: CSAS-1 is to prescribers for Auditors, principles and procedures […]
