CA, CS, CMA : Overlapping deadlines for MCA, tax audits, and GST filings are creating difficulties for professionals, leading to late fees and c...
CA, CS, CMA : Key updates in Income Tax, GST, Customs, and SEBI from 9th to 15th Sep 2024, including audit guidelines, ITC rules, and export pol...
CA, CS, CMA : Stay updated on GST, Income Tax rulings, SEBI notifications, and Excise duty exemptions issued during the week of 2nd-8th Septembe...
CA, CS, CMA : Key updates from Income Tax, GST, Central Excise, Customs, DGFT, and SEBI for the week of August 26 - September 1, 2024, including...
CA, CS, CMA : Summary of key updates in Income Tax, GST, Customs, and SEBI regulations for the week of 19th-25th Aug 2024. Important clarificati...
Company Law : The Government acknowledges MCA-21 glitches, highlights improvements, ensures data security, and implements new features for bette...
Corporate Law : MCA addresses stakeholder concerns with a new team to ensure compliance on the MCA21 Portal and streamline business processes for ...
Corporate Law : Join the discussion on MCA's proposed changes to Insolvency and Bankruptcy Code rules. Learn how to participate and share your ins...
Corporate Law : Explore the Ministry of Corporate Affairs draft policy for pre-legislative consultation and a comprehensive review of rules and re...
Company Law : Ministry of Corporate Affairs is launching STK-2 form along with C-PACE functionality on 01st May 2023 at 12:00 AM....
Company Law : Kunhi Muhammed Etayattil Vs Asst. Registrar of Companies (Kerala High Court) HC remarked that,The facts of the case disclose a sor...
Company Law : Circular No. 06/2024 MCA has waived the additional fee for filing various IEPF e-forms (IEPF-1, IEPF-1A, IEPF-2, IEPF-4) and e-ver...
Company Law : The NFRA fines Shridhar & Associates and CA Ajay Vastani for professional misconduct in auditing RCFL's financials for FY 2018-19....
Company Law : MCA imposes Rs. 2.25 Lakh Penalty on M/s. Martin Windfarms Pvt. Ltd. & Directors for erroneous disclosure under Section 134 of Com...
Company Law : Learn about M/s. Daison Land and Development Pvt. Ltd.'s penalty under Section 454 for breaching Section 134(3)(h) of the Companie...
Company Law : Authorized Representative of the company highlighted the company's status as a private limited entity during the fiscal year 2015-...
Ministry of Corporate Affairs (MCA), Government of India had introduced Easy Exit Scheme, 2010 under the Companies Act, 1956 (the Act) to provide a fast track exit for defunct companies to get their names struck off from the records of the Register of Companies.
As a part of the G-20 commitment made in September, 2009, India which is a Member Country, inter-alia, agreed on redoubling the efforts to achieve a single set of high quality, global accounting standards within the context of their independent stand
Section 611(2) of the Companies Act, 1956 permits filing of documents with delay, without prejudice to any other liability, on payment of additional fee not exceeding ten times of the statutory fees for filing documents. 2. Implementation of MCA-2
In partial modification of the earlier Circular No.14/3/87-CL-V Vol.III dated 21.3.1995, the following table shall be applicable for additional fee to be levied for delays in filing Forms other than Form 5.
To intimate discrepancy if any found in show cause notice by MCA. Show-cause Notices were issued to a number of defaulting companies. Ministry has undertaken a massive drive to cleanse the MCA21 Registry, as it was found that a number of companies who were in the old Registry are not filing their documents in the MCA21 system. Accordingly, computer generated Show-cause Notices were
PRESS RELEASE – 8/2010 [NO.1/1/2009-IFRS], DATED 4-11-2010 Ministry of Corporate Affairs, after wide consultations with all stakeholders and regulators, has drawn up a clear roadmap for implementation of Indian Accounting Standards converged with IFRS. Converged Standards will have to be followed by Phase I companies w.e.f. 1-4-2011. The Phase I group excludes banks, insurance companies […]
The government has rejected Institute of Chartered Accountants of India (ICAI) move to insulate its members from non-compliance and corporate frauds. Ministry of corporate affairs (MCA) has decided to empower National Advisory Committee on Accounting
It is also confirmed that the appointed director (s) whose particulars are given above, has given a declaration to the company that he/she has not been declared as proclaimed offender by any Economic Offence Court or Judicial Magistrate Court or High Court or any other Court.
The ministry of corporate affairs (MCA) does not plan to push for an ordinance to ensure India meets the deadline on conforming to International Financial Reporting Standards (IFRS), reversing its earlier stance, according to two officials at the min
The Ministry revived the Scheme of Certified Filing Centres (CFCs) and renewed the same for a further period of three years from July 01, 2010. The registration process for the renewed Scheme started from 1st July 2010 and was kept open for 2 months.
