Company Law : Learn about secretarial audit in India, its significance, objectives, scope, and appointment process as per the Companies Act, 201...
CA, CS, CMA : Explore the debate surrounding Artificial Intelligence (AI) and its impact on Company Secretaries. Discover the roles of Company S...
Company Law : Explore a case where the Regional Director emphasizes the Company Secretary's role in ensuring compliance with the Companies Act, ...
CA, CS, CMA : Discover the major highlights of the revised Secretarial Standards on General Meetings (SS-2) issued by ICSI, effective from April...
CA, CS, CMA : Starting the journey of becoming a Chartered Accountant (CA), Company Secretary (CS), or Cost and Management Accountant (CMA) is n...
CA, CS, CMA : Prepare for ICSI Company Secretary Executive Entrance Test (CSEET) on 6th July 2024. Understand remote proctoring mode, guidelines...
CA, CS, CMA : Find the updated fee schedule for the CS course, including CSEET, Executive, and Professional programs, with applicable concession...
CA, CS, CMA : Check out revised time table for Company Secretaries Examination December 2024 by Institute of Company Secretaries of India. ...
CA, CS, CMA : Learn about the penalties for misusing the 'CS' designation under Section 24 of the Company Secretaries Act, 1980. Stay compliant ...
CA, CS, CMA : Get your E-Admit Card for June 2024 CS Executive and Professional Examinations. Download now from the ICSI website. Avoid last-min...
Income Tax : Supreme Court held that as per regulation 114(4) of the Company Secretaries Regulations, 1982 election can be challenged by the ca...
Corporate Law : Sanjay Ghiya Vs Union Of India (Rajasthan High Court) Rajasthan High Court held that CHARTERED ACCOUNTANTS Or COMPANY SECRETARIES ...
CA, CS, CMA : Avenue for seeking certified copies as well as inspection is provided both in the Right to Information Act and in Company Secretar...
CA, CS, CMA : Working experience as an Assistant Company Secretary or a Management Trainee cannot be treated as equal to a Company Secretary so ...
Company Law, Corporate Law : Practicing professionals are prohibited from acting as full time directors. They can only act as non-executive directors not perfo...
Company Law : Discover the adjudication order under Section 203(1) of the Companies Act, 2013. Standard Glass Lining Technology Ltd. penalized f...
Company Law : MCA penalizes Best & Crompton Engineering Projects Ltd. Rs. 16 lakh for delayed Secretarial Audit Report submission. Read the full...
CA, CS, CMA : Discover the latest amendments to the Chartered Accountants Act by the Ministry of Corporate Affairs. Stay informed with the updat...
CA, CS, CMA : Discover Central Bank's Cent CA/CS/CMA scheme, offering attractive interest rates for finance professionals. Eligibility, benefits...
Company Law : Understand the penalty imposed on CISTRO TELELINK LIMITED for non-compliance with Section 203(1) of the Companies Act, 2013. Learn...
I am writing this article on approval of DIN after two years of notification by MCA regarding approval of DIN by Professionals. I am not against the process of MCA to simplify the incorporation procedure as these simplified procedures are assisting us to cope up with the developing world and I know that we should accept simplified procedures instead of criticizing it.
2) Period for which the issue may remain OPEN:Rights offer shall be made by Notice specifying the number of shares offered and limiting a time not being less than 15 days from the date of the offer within which the offer, if not accepted, will be deemed to have been declined {Section 81(1)(b)}.
All students may note that for the June 2012 Examination Session in respect of Direct Taxes the applicable Assessment Year shall be 2012-13 (Previous Year 2011-12). Thus, they will have to study Finance Act, 2011 for June 2012 Examination. Further as per the Syllabus, (of Executive Programme and Professional Programme) students are required to update themselves about all the Circulars, Clarifications, Notifications, etc., issued by the CBDT & Central Government, which come into effect on or before six months prior to the date of the respective examinations.
The Company Secretaries (Amendment) Bill, 2010 proposes to amend the Company Secretaries Act, 1980 to apply certain provisions of the Limited Liability Partnership Act, 2008 to the Company Secretaries Act, 1980 in order to allow the members of the professional Institute governed by the Company Secretaries Act, 1980 to form the limited liability partnership and insert new definitions of `firm’, `partner’, `partnership’ and `sole proprietorship’ for the said purpose. It will enable the members of the CS Institute to form LLPs and take benefits of provisions of the LLP Act. This will also enlarge the spectrum of the services provided by members of the CS Institute and will also ensure the competitiveness of the members of the Institute.
Cost and Works Accountants will now only be known as Cost Accountants, with Parliament approving amendments to the existing legislation earlier today. Also, there will be some brand confusion as the Institute of Cost and Works Accountants of India will now be called the Institute of Cost Accounts of India. As a consequence, the Chartered Accounts Institute and the Cost Accounts Institute will share the same acronym – ICAI.
The Council at its 201st meeting held on 23rd-24th June, 2011, in supersession of its earlier decision which was notified in October, 2008 issue of Chartered Secretary, has decided that with effect from 24th June, 2011, for the purpose of clause (c) of Regulation 48 of the Company Secretaries Regulations, 1982, the number of trainees to be sponsored by the Company Secretary in Practice (PCS) including a partner in a firm of Company Secretaries, will be equal to the number of years of continuous practice of the concerned member subject to a maximum of twenty trainees.
Suggestions for Amendments in the Company Secretaries Act, 1980, Regulations and Rules made thereunder and for Election Reforms in the conduct of Elections to the Council/ Regional Councils/ Chapters of the Institute The Council of the Institute at its 200th meeting constituted, inter-alia the following Committees:-
Application for life membership of CSBF has to be submitted in the prescribed Form-A (available on the website of the Institute i.e. www.icsi.edu) and should be accompanied by Demand Draft or Cheque (payable at par) for Rs. 5,000/- drawn in favour of “Company Secretaries Benevolent Fund” payable at New Delhi and the same can be deposited in the offices of any of the Regional Councils located at Delhi, Kolkata, Chennai and Mumbai. However for immediate action, the applications should be sent to The Secretary & CEO, The Institute of Company Secretaries of India, 22, Institutional Area, Lodi Road, New Delhi-110 003
A local court trying Satyam Computers multi-crore accounting scam today recorded the version of Company Secretary of Mahindra Satyam G Jayaraman. Incidentally, Serious Fraud Investigation Office (SFIO) has named Jayaraman as an accused in the Satyam scam. The case is separately being tried in another court.
Chartered accountants, cost accountants and company secretaries can now directly upload certified annual documents of firms on MCA”s portal, without prior approval of the ministry, while holding them responsible for such submissions. The move is seen as a major initiative towards expeditious e-filing.
