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 copies of the following two Notifications published in the Gazette of India (Extraordinary) for your information and necessary action
G.S.R. 384 (E).- In the notification of the Government of India, Ministry of Law, Justice and Company Affairs (Department of Company Affairs) vide GSR 555(E) dated 26-7-2001 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) dated 26-7-2001, in page 9, in line 13
The names(s) of small scale industrial undertaking(s) to whom the company owe any sum together with interest outstanding for more than thirty days, are to be disclosed.
G.S.R. 365(E).- In exercise of the powers conferred by sub-section (1) of section 642, read with sub-section (2) of section 637A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules further to amend the Companies (Fees on Applications) Rules, 1999, namely
It has been decided by the Department to revise the filing fees payable by Foreign Companies under Section 601 of the Companies Act, 1956 read with Rule 20 of the Companies (Central Government) General Rules and Forms, 1956 from existing Rs. 1,000 to Rs. 5,000 per document. The Notification [No: GSR 330(E)] dated 7.5.2002 issued to this effect is enclosed
Norms for revenue recognition and classification of assets applicable to Nidhi or Mutual Benefit Society – (Supersession of Notification No. GSR 556(E) dated 26.07.01).
In the Companies (Central Government’s) General Rules and Forms, 1956, in rule 20, for the letters and figures “Rs.1,000” the letters and figures “Rs.5,000” shall be substituted.
In exercise of the powers conferred by sub-section (1) of section 637 A of the Companies Act, 1956 ( 1 of 1956), and in supersession of Notification of the Government of India, Ministry of Law, Justice & Company Affairs (Department of Company Affairs) No GSR 556(E) dated 26.7.2001, except as respects things done or omitted to be done before such supersession, the Central Government hereby directs that
provided in the case of Nidhis incorporated on or before 26th July,2001 having deposits in excess of the aforesaid limits, the same shall be brought to the prescribed limit by increasing the Net Owned Fund position or alternatively by reducing the deposit
Declaration of NABARD as a Public Financial Institution under section 4A of the Companies Act, 1956