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ICAI has issued an announcement with regard to the commencement notification of the provisions of Companies (Amendment) Act, 2017 w.e.f. 05th March 2021 in respect of provisions relating to Annual Return. Read the official announcement below: Corporate Laws Corporate Governance Committee The In
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FAQ :
The provisions relating to annual returns under the Companies (Amendment) Act, 2017, became effective from 5th March 2021.
As of 5th March 2021, a company's indebtedness and details of shares held by or on behalf of Foreign Institutional Investors (including their names, addresses, countries of incorporation, registration, and percentage of shareholding) are no longer required to be furnished in the annual return.
Yes, the Central Government has prescribed an abridged form of annual return for One Person Company and small company.
The announcement was issued by The Institute of Chartered Accountants of India (ICAI) through its Corporate Laws & Corporate Governance Committee.
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