Corporate Law News

IBBI notifies the IBBI (Pre-packaged Insolvency Resolution Process) Regulations, 2021

09 April 2021 at 22:12

The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 promulgated on 4th April 2021 provides for a pre-packaged insolvency resolution process (PPIRP) for corporate debtors classified as micro, small and medium enterprises.

Posted in Corporate Law | 2073 Views

President promulgates IBC (Amendment) Ordinance, 2021

06 April 2021 at 21:02

Promulgated by the President in the Seventy-second Year of the Republic of India, listed in this news piece is an Ordinance further to amend the Insolvency and Bankruptcy Code, 2016.

Posted in Corporate Law | 2316 Views

MCA releases Company (Accounts) Second Amendment Rules, 2021

01 April 2021 at 22:30

The Ministry of Corporate Affairs has released the Company (Accounts) Second Amendment Rules, 2021 in order to further make amendments to the Companies (Accounts) Rules, 2014.

Posted in Corporate Law | 2400 Views

MCA releases Companies (Audit and Auditors) Second Amendment Rules, 2021

01 April 2021 at 22:25

The Ministry of Corporate Affairs has released the Companies (Audit and Auditors) Second Amendment Rules, 2021 in order to further make amendments to the Companies (Audit and Auditors) Rules, 2014.

Posted in Corporate Law | 2556 Views

MCA registers 1.55 lakh company incorporations in FY 2020-21

01 April 2021 at 20:08

During the Financial Year 2020-21, Ministry of Corporate Affairs (MCA) registered more than 1.55 Lakh company incorporations as compared to 1.22 Lakh companies during FY 2019-20, an increase of about 27%.

Posted in Corporate Law | 1110 Views

New Eform INC-6 now available for filing

01 April 2021 at 05:38

Eform INC-6 revised as per Companies (Incorporation) Second Amendment Rules, 2021 is now available for filing.

Posted in Corporate Law | 2043 Views

CSR-1 filing for Registration of Entities to be available as e-Form w.e.f 1st April 2021

31 March 2021 at 20:05

CSR-1 for Registration of Entities for undertaking CSR activities shall be available for filing as e-Form w.e.f 1st April 2021.

Posted in Corporate Law | 2853 Views

Compulsory audit trail in Accounting software to be used by Companies from 1st April

25 March 2021 at 05:30

Ministry of Corporate Affairs has released the Companies (Accounts) Amendment Rules, 2021, to further amend the Companies (Accounts) Rules, 2014.

Posted in Corporate Law | 6 comments | 13095 Views

Section 23 & 45 of Companies (Amendment) Act, 2020 came into force on 24th March 2021

25 March 2021 at 05:28

Central Government appoints the 24th March 2021 as the date on which the provisions of section 23 and section 45 of the said Act came into force.

Posted in Corporate Law | 2643 Views

MCA announces new Trade Payables Ageing Schedule

25 March 2021 at 05:21

The Ministry of Corporate Affairs has made amendments to Schedule III of the Companies Act, 2013, wherein, various new changes have been inculcated with regards to Balance Sheet, Trade Payable, and Trade Receivables etc.

Posted in Corporate Law | 2 comments | 14649 Views