The Institute of Chartered Accountants of India (ICAI) has launched a new handbook offering practical guidance on the Companies Act, 2013, specifically for private limited companies. This resource consolidates essential compliance obligations, exemptions, and procedural requirements, aiming to simplify corporate governance and statutory filings for professionals, directors, and entrepreneurs. With private companies making up 96% of active companies in India, this handbook is a vital tool for ensuring regulatory adherence and leveraging available benefits.
Introduction
The Institute of Chartered Accountants of India (ICAI) has released a comprehensive "Handbook on Key Compliances and Exemptions for Private Limited Company under the Companies Act, 2013." The publication aims to provide practical guidance to professionals, company directors, compliance officers, and entrepreneurs dealing with regulatory requirements applicable to private companies in India.
Prepared by the Corporate Laws Corporate Governance Committee of ICAI, the handbook consol
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to
CCI PRO
for unlimited access
Why Upgrade to
CCI PRO?
-
No Ads
-
WhatsApp Community
-
Daily E-Newsletter
-
Unlimited News Access
-
Profile Visitors
-
Link Social Profiles
-
Featured Job Posts
-
Pro Badge
-
Expert GST Guidance
-
Unlimited Forum Replies
-
Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member?
Login here
for an ad-free experience. 07941056694
FAQ :
The handbook aims to provide practical guidance and consolidated information on regulatory requirements, compliance obligations, and exemptions under the Companies Act, 2013, for private limited companies in India.
The handbook is designed for professionals, company directors, compliance officers, entrepreneurs, Chartered Accountants, Company Secretaries, corporate legal professionals, and startup founders.
According to data referenced in the handbook, private limited companies account for approximately 96% of all active companies in India.
The handbook covers the incorporation process, immediate post-incorporation compliances, and exemptions available to private companies under the Companies Act, 2013.
Examples include relaxations for related party transactions, reduced board meeting requirements for startups, and flexibility in issuing employee stock options.
The handbook categorises compliances into Post-Incorporation Compliances, Annual Compliances, Event-Based Compliances, Threshold-Based Compliances, and General Corporate Governance Requirements.