Corporate Law News

Cabinet approves Promulgation of the Companies (Second Amendment) Ordinance 2019

20 February 2019 at 11:02

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Promulgation of the Companies (Second Amendment) Ordinance 2019 and for replacement of the said Ordinance in Parliament by a replacement Bill. It is based on the recommendatio

Posted in Corporate Law | 1548 Views

Comments invited on draft AS1 Presentation of Financial statements

31 December 2018 at 11:35

Exposure DraftAccounting Standard (AS) 1Presentation of Financial StatementsThe Indian Accounting Standards (Ind AS), as notified by the Ministry of Corporate Affairs in February, 2015, have been applicable to the specified class of companies. Accoun

Posted in Corporate Law | 1 comments | 2910 Views

Action against Illegal Operations of Shell Companies

22 December 2018 at 11:50

The term ‘shell company’ has not been defined under the Income-tax Act, 1961 or under the Companies Act, 2013. However, the Special Task Force set up by the Government to look into the issue of shell companies has, inter alia, recommended

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Major intiatives and changes by MCA in 2018

21 December 2018 at 10:56

Companies (Amendment)Act , 2017 enacted; Out of total 93 Sections , 92 Sections brought into force along with relevant Rules MCA proposes to introduce Companies (Amendment) Bill, 2018 to replace Companies (Amendment) Ordinance 2018 in the ongoing Wi

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MCA invites comments on changes in Companies Incorporation rules

17 December 2018 at 16:49

Subject:- Amendments in the Companies (Incorporation) Rules, 2014 – reg. name availabilityNOTICE INVITING COMMENTSDraft amendment to rule 8 of the Companies (Incorporation) Rules, 2014 is attached as an Annexure-A to this notice.This amendment

Posted in Corporate Law | 1 comments | 4092 Views

Extension of Last Date of filing of Forms NFRA

14 December 2018 at 11:12

General Circular No. 2018 F. No. 1/4/2016-CL-I Government of India Ministry of Corporate Affairs 5th Floor, 'A' Wing, Shastri Bhawan, Dr. R. P. Road, New Delhi Dated: December, 2018 To All RDs, All RoC, The Stakeholders. Subject: Extension of

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MCA notification on amendment to rules for investigation of CA

20 November 2018 at 11:14

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 29th October, 2018G.S.R. 1072(E).- In exercise of the powers conferred by clauses (c) and (d) of sub-section (2) of section 20A read with sub-section (4) of section 21 and sub-sections (2) and (

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National Financial Reporting Authority Rules (NFRA) rules notified

14 November 2018 at 11:43

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, 13th November, 2018G.S.R. (E). � In exercise of the powers conferred under sub-s

Posted in Corporate Law | 1 comments | 6336 Views

Highlights of Companies (Amendment) Ordinance, 2018

08 November 2018 at 13:38

The Companies (Amendment) Ordinance, 2018 promulgated on November 02, 2018 thereby amending some of the sections of the Companies Act, 2013.Giving effect to the recommendations placed in the Report of the Committee to review Offences under the Compan

Posted in Corporate Law | 4563 Views

Ordinance for simplifying procedures for minor offences under Companies Act

03 November 2018 at 13:18

PM unveils 12 key initiatives 59 minute loan portal to enable easy access to credit for MSMEs Mandatory 25 percent procurement from MSMEs by CPSEs Ordinance for simplifying procedures for minor offences under Companies Act

Posted in Corporate Law | 1 comments | 3981 Views