Corporate Law News


ICAI advises to file Form NFRA-2 Annual Return for 2018-2019 and for the year ending 31st March 2020

   29 October 2021 at 08:31

It has been reported by NFRA that at least 1011 auditors/audit firms have not yet filed form NFRA-2 for the reporting period 2018-19. As such, ICAI has advised to file the same.

Posted in Corporate Law |   2634 Views


MCA extends LLP Form 8 Due Date till 30th December 2021

   26 October 2021 at 14:30

MCA, on account of challenges faced by the LLPs due to COVID-19, has announced relaxations in paying additional fees in case of delay in filing of Form 8 (the Statement Account and Solvency) by Limited Liability Partnerships up to 30th December 2021.

Posted in Corporate Law |   4911 Views


EPFO adds 14.81 lakh net subscribers in August

   20 October 2021 at 20:39

The provisional payroll data of EPFO released on 20th October, 2021 highlights that EPFO has added around 14.81 lakh net subscribers during the month of August, 2021.

Posted in Corporate Law |   2283 Views


Union minister for MSMEs calls for concerted efforts to enhance growth of MSME sector

   13 October 2021 at 08:09

Shri Narayan Rane has exhorted the officers of MSME Ministry to brace up for enhancing the output of MSME sector. He pointed towards the possibility of quantum jump in India’s exports through MSME sector, which can lead to achieving higher GDP. 

Posted in Corporate Law |   1485 Views


Representation to MCA for extension of time for preparing and filing the statement of Account and Solvency by LLPs

   01 October 2021 at 06:08

With a view to provide ease to the LLPs, it is submitted that the time limit for preparing the Statement of Account and Solvency and for getting the accounts audited and the subsequent filing thereof be kindly extended for a period of 30 days. 

Posted in Corporate Law |   2376 Views


NFRA advises to remove compulsory statutory Audit for all companies!

   30 September 2021 at 06:01

A preliminary analysis has been done by NFRA on the key financial parameters of the companies registered in India and it is found that the fees paid to auditors by a large majority of MSMCs are way below what an audit would require.

Posted in Corporate Law  4 comments |   8160 Views


New online system of MSME/Udyam Registration crosses 50 lakh mark

   29 September 2021 at 05:51

Enterprises which are not yet registered, should register themselves to avail the benefits of Ministry of MSME and other Government agencies. The registration is free of cost and should be done only on the Government portal. 

Posted in Corporate Law |   4377 Views


[FAKE] Proposal to stop the pension of Central Govt pensioners after the age of 70-75 years is under consideration

   24 September 2021 at 06:00

Bartaman Patrika & babushahi.com have falsely reported that a proposal to stop the pension of Central Govt pensioners after the age of 70-75 years, is under consideration. 

Posted in Corporate Law |   1773 Views


Extension of Time Limit for Holding AGM for FY 2020-21

   24 September 2021 at 05:55

The extension granted under this order shall not cover the applications filed in form GNL-1 for the extension of AGM for the financial year ended on 31/03/2021, where the extension approved was for a period of more than two months.

Posted in Corporate Law |   3360 Views


EPFO adds 14.65 lakh net subscribers in July, an increase of 31.28% over June

   20 September 2021 at 20:22

Of the total 14.65 lakh net subscribers, around 9.02 lakh new members have come under the social security umbrella of EPFO for the first time. Around 5.63 lakh net subscribers exited but rejoined EPFO by changing jobs.

Posted in Corporate Law |   1992 Views