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SEBI issues regulations for giving exit opportunity under Companies Act 2013
After issuing the broad guidelines on providing exit opportunity to the dissenting shareholding under the provisions of section 13 & 27 of the Companies Act 2013, SEBI has now issued the final regulat...
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MCA invite comments on Indian Accounting Standard Rules, Incorporation Rules etc.
Feb 18, 2016 Proposed amendment in Accounting Standards rules MCA has placed the draft Companies (Indian Accounting Standards) Amendment Rules, 2016 and draft Companies (Accounting Standards) Amendmen...
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MCA invites comments on CARO 2016 & revised Schedule III
Feb 10, 2016 The Ministry had set up a Committee on 16th September, 2015 to examine and recommend matter for inclusion in the statement to be attached with Auditor’s Report under Section 143(11) of th...
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CS in job should not be allowed to certify annual returns: ICSI
CLG:MCA:2016 Dated: February 15, 2016 Shri Tapan Ray Secretary Ministry of Corporate Affairs Shastri Bhawan New Delhi 110001 Dear Sir, Sub:Para no. 7.6 of Part II of the Report of Companies Law Commit...
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ICSI Recommendations on Companies Law Committee Report, 2016
MCA may either relook the proposed amendment in context of ease of doing business or give the shelter as provided in section 4(7) of the Companies Act, 1956. Justification: By adding explanation, a pr...
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Reg. Alleged economic offence by KPMG-Partner Rajesh Arora
F.No 8/04/2016 -CL.II Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R.P. Road, New Delhi- 110001 Dated. 01.02.2016 To Dr. Kirit Somaiya Hon’ble Member of P...
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Recommendations of Companies Law Committee for Directors
As we are aware that on 1stFebruary 2016, Ministry of Corporate Affairs uploaded the report of Companies Law Committee on its website. In this post, we will discuss recommendations of the committee fo...
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MCA Invite Comments on Draft CARO Report, 2016
GOVERNMENT OF INDIA Ministry of Corporate Affairs NOTICE INVITING COMMENTS ON THE DRAFT COMPANIES (AUDITOR’S REPORT) ORDER, 2016 Dated the 9th February, 2016 The Ministry had set-up a Committee on 16t...
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Notice inviting comments on revised schedule III to Companies Act, 2013
GOVERNMENT OF INDIA Ministry of Corporate Affairs NOTICE INVITING COMMENTS ON THE REVISED SCHEDULE III TO THE COMPANIES ACT, 2013 FOR A COMPANY WHOSE FINANCIAL STATEMENTS ARE DRAWN UP IN COMPLIANCE OF...
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Related Party Transactions under Companies Act, 2013 and SEBI (LODR) Regulations, 2015
Applicability of Related Party Transactions under Companies Act, 2013 and SEBI (LODR) Regulations, 2015 Securities and Exchange Board of India (SEBI) has notified SEBI (Listing Obligations and Disclos...
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Companies Law Committee recommendations on Deposits under Companies Act, 2013
As we are aware that on 1st February 2016, Ministry of Corporate Affairs uploaded the report of Companies Law Committee on its website. In this post, we will discuss recommendations of the committee f...
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Secretarial Standard 1 (Board Meeting)
Ready Reckoner -Secretarial Standard 1 (Board Meeting) The Ministry of Corporate Affairs conferred its approval to Secretarial Standard-1 (relating to Board Meeting) and Secretarial Standard-2 (relati...
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Comparison of Provision of Incorporation under CA-2013 and Amendment Proposed by Company Law Committee Report
Comparison of Provision of Incorporation under CA-2013 and Amendment Proposed by Report of the Company Law Committee Particular Original Provision under Companies Act, 2013 Provision after proposed am...
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MCA publishes report of Companies Law Committee
The Companies Law Committee constituted by the Ministry of Corporate Affairs with the mandate of (a) making recommendations on issues arising from the implementation of the Companies Act, 2013, and (b...
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Draft rules related to Merger, Oppression and Mismanagement issued by MCA
In view of the Supreme Court order dated 14th May, 2015, the process for constitution of NCLT/NCLAT has been undertaken and these bodies are likely to be set up shortly. In the said direction, the Min...
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MCA rationalizes the process of name approval
In a bid to ease the process of registration of company in India, MCA vide notification dated 22nd January 2016 has established Central Registration Centre (CRC) at Indian Institute of Corporate Affai...
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Roadmap for implementation of Ind-AS & Guidance note on Secretarial Standards
Roadmap for implementation of Ind-AS for Scheduled Commercial Banks (Excluding Rrbs), Insurers/Insurance Companies and Non-Banking Financial Companies (NBFC’s) The Government after consultations with...
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SEBI prescribes norms for exit opportunity under the Companies Act 2013
Section 13 & 27 of the Companies Act, 2013 provides that a company, which has raised money from public through prospectus and still has any un-utilised amount out of the money so raised, shall not cha...
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Report of Companies Law Committee recommending Amendment to Companies Act, 2013 & Rules
Report of The Companies Law Committee The Companies Law Committee has presented its report to make recommendations to the Government on issues arising from the implementation of the Companies Act, 201...
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Key changes proposed by Companies Law Committee on issues arising out of implementation of Companies Act, 2013
Report of the Companies Law Committee The Companies Law Committee was constituted in June 2015 for examining and making recommendations on the issues arising out of implementation of the Companies Act...