Company Law India: Read latest Company law news & updates, acts, circular, notifications & articles issued by MCA amendment in companies Act 2013. Article on Loans Company formation XBRL, Schedule VI IFRS.
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directed to forward herewith a copy of the Notification published in the Gazette of India for your information and necessary action
The Government have undertaken an exercise to revise the Companies Act, 1956 to enable evolution of a simplified compact law that will be able to address the changes taking place in the national and International scenario,
Chartered Accountants of India [constituted under the Chartered Accountants Act, 1949 (38 of 1949)], the Central Government hereby makes the following amendments in Companies (Auditor’s Report) Order, 2003, namely
in the auditor’s report, the answer to any of the questions referred to in paragraph 4 is unfavourable or qualified, the auditor’s report shall also state the reasons for such unfavourable or qualified answer, as the case may be. Where the auditor is unable to express any opinion in answer to a particular question, his report shall indicate such fact together with the reasons why it is not possible for him to give an answer to such question.
G.S.R.661 (E). – In exercise of the powers conferred by sub section (1) of section 642, read with clause (d) of subsection (1) of section 209 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules, further to amend the Cost Accounting Records (Milk Food) Rules, 1986 namely
The Ministry of Company Affairs rescinds the Nidhi Company status of Singh Mutual Benefit Company Limited based on inspection findings and RBI information.
Constitution of the National Advisory Committee on Accounting standard u/s 210A of the Companies Act, 1956
The Ministry of Company Affairs forms the National Advisory Committee on Accounting Standards under Section 210A of the Companies Act, 1956, for accounting policy guidance.
—In the notification of the Government of India in the erstwhile Ministry of Finance, Department of Company Affairs; number G. S.R. 91(E) dated the 3rd January, 2004, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 3rd February, 2004, at page 3, in line 19,for “January” read “February”.
Declares the following companies to be Nidhis subject to the directions specified in the notifications of the Government of India in the erstwhile Ministry of Law, Justice and Company Affairs (Department of Company Affairs) numbers G.S.R. 241 dated the 28th April, 1995, G.S.R. 555(E) dated the 26th July, 2001, G.S.R. 308(E) and 309(E) both dated the 30th April, 2002
