Corporate Law News

MCA has released a guideline on how business should responsibly conduct their business. The following are the 9 principles notified by MCA- 1. Businesses should conduct and govern themselves with integrity in a manner that is Ethical, Transparent and Accountable. 2. Businesses sho..

Non-compliance with ACTIVe can lead to action under section 12(9) of the Companies Act. According to a recent announcement by the MCA, all the companies incorporated on or before 31.12.2017 have to file their status in the e-form ACTIVe (Active Company Tagging Identities and Verification) . ..

RBI/2018-19/129 DNBR (PD) CC.No.096/03.10.001/2018-19 February 22, 2019 All systemically important non-deposit taking NBFCs Madam / Dear Sir, Interest Subvention Scheme for MSMEs As you are aware, Government of India, on November 2, 2018, has announced ‘Interest Subvention Sche..

Dear Professional Colleague Subject: Facilitation, Coordination and Knowledge Support by ICSI – Request for issuance of clarification for MSME Form I - Further update The Institute of Company Secretaries of India (ICSI) had made representations to the Ministry of Corporate Affairs (MCA) ..

Every company incorporated on or before 31st December, 2017 will have to file the particulars of the company and its registered office, in e-Form ACTIVE (Active Company Tagging Identities and Verification) on or before 25.04.2019. Any company which has not filed its due financial statements or th..

General Circular No. 01/ 2019  F. No. 17/6/2017- CL V (Pt I)  Government of India  Ministry of Corporate Affairs  5th Floor, A-Wing Shastri Bhavan,  Dr. R P Road, New Delhi - 01  Dated: 21.02.2019  To  All Regional Directors,  All Regis..

.style1 { text-align: center; } The Ministry of Labour and Employment has issued a notification where it has reduced the mandatory employer's and employee contribution.  Here's the revised contribution, Contribution Previous R..

THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament  MCA/2019  February 19, 2019  Shri Injeti Srinivas, I.A.S.  Hon'ble Secretary to Government of India  Ministry of Corporate Affairs&nbs..

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 recommendations of the Committee to review offences under the C..

Exposure Draft Accounting Standard (AS) 1 Presentation of Financial Statements The 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. Accounting Standards are applicable to entities ..