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Government notifies Rules for new Indian Accounting Standards
The Ministry of Corporate Affairs vide Notification dated February 16, 2015 has issued the Companies (Indian Accounting Standards) Rules, 2015, thereby notifying Roadmap for applicability of Indian Ac...
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CII President : Companies Act Needs Comprehensive Review
Companies Act Needs Comprehensive Review: CII President CII has called for a comprehensive review of the Companies Act 2013 and Companies Rules, 2014 issued thereunder. "Due to the hurried pace in whi...
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Understanding Section 185 & 186 of Companies Act, 2013
1. IntroductionThe section 185 of Companies Act,2013 was notified on 12 September 2013 and was applicable from that day itself. If there is any deviation from the conditions laid under this section th...
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Applicability of section 185 to Loan given by Holding Co. to Subsidiary Co.
There is a general conception that if subsidiary co do not utilize loan given by its holding co for its principal business, provisions of sec 185 is attracted each & every time. In other words, if loa...
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Maintenance & Inspection of documents in electronic form under Companies Act, 2013
Section 120 of the Companies Act,2013 and Companies (Management and Administration)Rules,2014 deals with the Maintenance and Inspection of documents in electronic form. Any document, record, register,...
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How to Raise ticket with MCA helpdesk
How to Raise Complain with MCA 46 new e-forms had been made available for filing w.e.f. 28.04.2014. In case there is any issue faced by stakeholders in filling up or filing any of these 46 e-forms, th...
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Analysis of Internal Audit Provisions in Companies Act 2013
Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by b...