Company Law : The scheme provides a last opportunity for defaulting companies to file pending returns and financial statements with reduced pena...
Company Law : This guide explains the mandatory conditions, documentation, and procedural steps for converting a partnership into a company. It ...
Company Law : The case examined whether extending redemption timelines amounts to reissuance. The Tribunal held that extensions within statutory...
Company Law : MCA has confirmed that extension of annual filing timelines till 31st December 2025 does not extend statutory deadline for holding...
Company Law : A guide to issuing bonus shares for private companies under the Companies Act, 2013, covering legal frameworks, procedural steps, ...
Company Law : The initiative addresses inefficiencies in the current filing system and proposes consolidation and automation. It highlights a sh...
Company Law : NFRA found major deficiencies in audit documentation and archival practices. The report highlights the need for stronger controls ...
Company Law : The inspection report highlights deficiencies in audit documentation, independence monitoring and compliance with auditing standar...
Company Law : The regulator found that the audit firm lacked an effective monitoring mechanism to ensure firmwide independence policies were pro...
Company Law : NFRAs inspection found gaps in audit documentation, revenue testing, and risk assessment practices, stressing the need for stronge...
Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...
Corporate Law : That the period of lockdown ordered by the Central Government and the State Governments including the period as may be extended ei...
Company Law : ROC Chennai penalised a company and its director for failing to disclose PAN and e-mail IDs of allottees in Form PAS-3. The order ...
Company Law : ROC Chennai penalised a Nidhi company and its directors for incomplete allottee disclosures in Form PAS-3. The order clarifies tha...
Company Law : ROC Chennai penalised a Nidhi company and its directors for filing incomplete allottee details in Form PAS-3. The ruling clarifies...
Company Law : ROC Chennai penalised a company and its director for filing Form MGT-7 more than 500 days late under Section 92 of the Companies A...
Company Law : ROC Chennai penalised a company and its director for delayed filing of Form MGT-14 relating to approval of financial statements an...
All companies will be allowed to file their financial statements in XBRL mode without any additional fee/penalty upto 15h November, 2012 or within 30 days from the date of their AGM, whichever is later. GENERAL CIRCULAR NO. 16/2012, DATED 6-7-2012
In order to have better understanding of the circular, it is clarified that the time limit of 60 days shall be read as 122 days for filing of Form 11 by LLPs in respect of the Financial Year ending on 31.03.2012. This circular shall be effective from.
In continuation of MCA’s General Circular No. 8/2012 dated 10th May, 2012, it has been decided that filing of Cost Audit Reports and Compliance Reports with the Central Government in the XBRL mode shall be allowed after 31st July, 2012. The Institute is requested to circulate this for the information of all concerned.
In continuation of this office O.M. of even number dated L03.2011 the undersigned is directed to say that Chairman, SEBI or his nominee shall also be the member of the Committee with immediate effect to formulate a policy document on Corporate Governance.
52/17/CAB‐2011 In continuation of MCA’s General Circular No. 8/2012 dated 10th May, 2012, it has been decided that filing of Cost Audit Reports and Compliance Reports with the Central Government in the XBRL mode shall be allowed after 31st July, 2012.
I. Dissent note submitted by Shri Gurudas Dasgupta, MP II. Minutes of the sittings of the Committee held on 24 January, 2012 , 18 May, 2012 and 7 June, 2012 III. The Companies Bill, 2011
Various companies, and professionals such as Cost Accountants, Chartered Accountants, & Company Secretaries, and other stakeholders from corporate sector are connected with the usage of product group classification. All are welcome to examine the draft and furnish comments/suggestions to this Ministry within a period of three weeks i.e. by 15th July, 2012 through email on the following e-mail address: –
Imposing fees on certain e-forms filed with ROC, RD or MCA (HQ) under MCA-21 where at present no fee is prescribed – General Circular No. 14/2012, dated 21-6-2012 – The Ministry of Corporate Affairs has decided that fees shall be applicable on the following forms at the rates indicated in the table below:-
(a) As per new rule 3 of Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, return is to be filed in form 5 INV. However, it is not clear what is the cut-off date for it? – Ans. The cut-off date refers to the date of AGM upto which the information relating to a particular year is to be updated and then filed. For example, for the financial year ended 31-3-2012, where date of AGM is 30-9-2012, the complete information regarding unpaid and unclaimed amounts has to be updated till the date of AGM i.e. upto 30-9-2012 and then this information is to be filed through e-form 5 INV within 90 days of the date of AGM i.e. by 29-12-2012.
The Ministry of Overseas Indian Affairs vide notification dated 6th January, 2009 announced certain benefits for registered Overseas Citizens of India (OCIs), including in the profession of Chartered Accountants. Subsequently, the Institute of Chartered Accountants of India (ICAI) has proposed a Qualification Bridging Mechanism for licensing OCI Chartered Accountants to practice in India.
