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Advisory to file Form NFRA-2 Annual Return immediately
Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India 28th October, 2021 ANNOUNCEMENT Sub: Advise to file Form NFRA-2 Annual Return for the reporting period 2...
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Extension of last date of filing of Cost Audit Report to Board of Directors
General Circular No. 15/2021 F. No.01/40/2013-CL-V (Pt.I) Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhawan, Dr. R.P. Road, New Delhi-110001. Dated:- 27th September,...
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Decriminalization of offences under Companies Act, 2013
Boost to Ease of Doing Business and Investment in the country “Today, India is undergoing a rapid change in mindsets as well as markets. It has embarked on a journey of deregulation and decriminalizat...
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Extend timelines for Filing of DIR -3 KYC without any Late Fee
Representation for extension of timelines for Filing of DIR -3 KYC for DIN / DPIN holders as at 31st March 2021 till 31.12.2021 without any Late Fee. DIRECT TAXES PROFESSIONALS’ ASSOCIATION Income Tax...
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NFRA wants Statutory Audit exemption for Certain class of Companies
Consultation Paper on Statutory Audit and Auditing Standards for Micro, Small and Medium Companies (MSMCs) India is unique among the big economies of the world in statutorily mandating compulsory audi...
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ICSI Request for extension of time limit for filing of DIR-3 KYC
The Institute of Company Secretaries of India MCA 2021 September 28 2021 Shn Raiesh Verma IAS Secretary Ministry of Corporate Affairs Government of India Shastri Bhawan Dr Rajendra Prasad Road New Del...
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NFRA issues FRQR Report on Annual Report of KIOCL Limited, FY 2019-20
Financial Reporting Quality Review Report (FRQRR) Company: KIOCL Limited CIN: L13100KA1976GOI002974 Financial Reporting for the Accounting Year: 2019-20 Financial Reporting Framework: Indian Accountin...
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NFRA finds deficiencies in Statutory Audit of IL&FS Transportation Networks
File No. NF-11011/10/2019-NFRA Statutory Audit of: IL&FS Transportation Networks Limited (ITNL) for the Financial Year 2018 Conducted by: SRBC & Co LLP, Chartered Accountants Firm Registration Number...
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Appointment to posts of Judicial and Technical Members in NCLT
IMMEDIATE No.18/15/2020-E0(SM.II) Government of India Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training Secretariat of the Appointments Committee of the Cabinet **...
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ACAE request to extend timelines for holding AGM
ACAE Request for extension of timelines for holding Annual General Meeting (AGM) under the Companies Act, 2013 for the Financial Year ended 31.03.2021 due to COVID-19 outbreak till 31st December 2021....
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Representation for extension of timelines for holding AGM
Representation for extension of timelines for holding Annual General Meeting (AGM) under the Companies Act, 2013 for the Financial Year ended 31.03.2021 due to continued COVID-19 Pandemic DIRECT TAXES...
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NFRA draws conclusion on comments received on consultation paper on enhanced engagement with stakeholders
Ministry of Corporate Affairs Posted On: 13 SEP 2021 National Financial Reporting Authority (NFRA) was established by the Central Government in October 2018 with the fundamental objective of driving s...
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Extend time period for Holding of AGM due to COVID-19
Chartered Accountants Association (CAS) requested that as a special case and to mitigate the hardships of Corporate and public at large the time period for holding Annual General Meeting (AGM) for the...
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Filing of Board Resolution by Private Companies- Section 179(3)(c)- Clarification Needed
Through E-mail/Speed Post Dated: 04.09.2021 Shri Rajesh Verma, The Secretary, Ministry of Corporate Affairs, 5th Floor, “A” Wing, Shastri Bhawan, Rajendra Prasad Road, New Delhi – 110001. Email: secy....
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MCA issues updated FAQs on Corporate Social Responsibility (CSR)
MCA has vide General Circular No. 14/2021 dated 25.08.2021 issued updated FAQs on Corporate Social Responsibility (CSR) and withdrawn 4 earlier FAQs and clarifications issued by it from time to time....
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348 companies fail to meet criteria for declaration as Nidhi company
Government cautions stakeholders as 348 companies fail to meet requisite criteria for declaration as Nidhi company under Companies Act 2013 and Nidhi Rules 2014 Under section 406 of the Companies Act,...
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Annual report on capacity building of independent directors
Companies (Creation and Maintenance of databank of Independent Directors) Second Amendment Rules, 2021 MCA inserts vide Notification No. G.S.R. 580(E) dated 19.08.2021 ‘Rule 6 Annual report on the cap...
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Online Proficiency Self Assessment Test exemption for CA, CMA, CS & Advocates
MCA exempts CA, CMA, CS & Advocate having 10 years’ experience from Online Proficiency Self-Assessment Test for becoming Independent Director by notifying Companies (Appointment and Qualification of D...
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Designation of Special Courts at ‘Ranchi’ under Company Law
Chief Justice of the High Court of Jharkhand hereby designates Court of Sub-Divisional Judicial Magistrate at Ranchi as Special Court for the purposes of providing speedy trial of offences under claus...
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Request to extend timelines for holding AGM due to COVID-19
Considering the current crisis, ICSI requested Ministry of Corporate Affairs to grant an extension of time to the companies for holding AGM for the year ended 31st March, 2021 till 31st December, 2021...