Finally, Indian Corporate regulators have recognized the mode of holding the company meetings through electronic mode. Going forward meetings held through such mode shall now be duly accepted and recognized in court of law. The Ministry of Corpor
A Brief Note on Filing Annual Financial Statements in XBRL Format Background: Ministry of Corporate Affairs (MCA) vide its General Circular No 09/2011 has
Filing of Balance Sheet and Profit and Loss Account in XBRL Format As such, now following class of companies are required to file their Balance Sheet and Profit and Loss Account in XBRL Format:- Listed Companies and their subsidiaries;
In order to ensure corporate governance and proper compliances of provisions of Companies Act, 1956, the Ministry of Corporate Affairs has decided that from 3rdJuly, 2011 all the Companies will have to file their updated Balance Sheet and Profit &
How to get refund of excess /incorrect roc fees paid for availing MCA 21 services 1. What is refund process? The user is required to make various payments to avail MCA21 services. A number of instances have been observed where the users make mu
New Initiatives of MCA for Corporate Governance In order to save trees and environment by cutting down the consumption of costly paper habits, the Ministry of Corporate Affairs has taken a "Green Initiative in the Corporate Governance" by
Board meetings Board means the Board of Directors of a company. Formal meeting of board of directors of organization, held usually at definite intervals to consider policy issues and major problems.Presided over by a chairperson (chairman
PROCEDURE TO CLOSE A COMPANY A company can be closed by adopting the following ways:- (A) Strike off a company under Section 560 : Section 560, of the Companies Act, 1956, deals with strike off provisions of a defunct company. Any defu
DEATIL PROCEDURE TO REGISTER A NEW COMPANY STEPS TO REGISTER AN INDIAN COMPANY To register a company, you need to first apply for a Director Identification Number (DIN) which can be done by filing eForm for acquiring the DIN. You would
What is a Digital Signature Certificate (DSC)? The Information Technology Act, 2000 provides for use of Digital Signatures on the documents submitted in electronic form in order to ensure the security and authenticity of the documents filed ele
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