CA, CS, CMA : The article summarizes important notifications, circulars, judicial rulings, and regulatory changes issued between 11–17 May 202...
CA, CS, CMA : The week witnessed important rulings on benami transactions, GST natural justice violations, and misuse of insolvency proceedings....
Corporate Law : The amendment removes automatic moratorium protection for personal guarantors upon filing insolvency applications. It ensures cred...
Company Law : The MCA introduced a risk-based eligibility framework allowing more companies to access fast-track mergers. By replacing size crit...
CA, CS, CMA : The update discusses GST rulings on ITC and refunds, income tax relief interpretations, and insolvency reforms. It also covers dis...
Company Law : The MCA introduced a streamlined process for updating registered email IDs of companies and LLPs. The update ensures seamless rece...
Company Law : The update addresses repetitive annual KYC filings for directors. It allows filing once every three years, significantly reducing ...
Corporate Law : Simplified online registration, auto-enrolment via MCA portal, and digital initiatives have led to a 251% rise in new EPFO registr...
Company Law : All 38 e-forms move to MCA's V3 portal on July 14, 2025. Understand key changes like online filing, "My Application" section, new ...
Company Law : MCA21 portal sees 84 lakh filings in 2024-25; SMEs report technical issues. Govt enhances server capacity, grievance redressal, an...
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 : The MCA has released draft amendments to simplify company incorporation procedures and reduce compliance requirements. The proposa...
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...
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.
To give teeth to investor redressal mechanisms, the ministry of corporate affairs is planning to set up an entirely new affiliate office with statutory powers to look into such investor concerns. To be developed on the lines of other MCA subsidiary b
Corporate Affairs Minister Salman Khurshid said that the committee had made general endorsements to the ministry’s proposals in the Companies Bill 2009, from which the MCA would now have to formulate specific legislations.
