Category: Companies Act
Spending of CSR funds for ‘setting up makeshift hospitals and temporary COVID Care facilities ‘ is an eligible CSR activity under Schedule VII of the Companies Act, 2013 General Circular No. 05/2021 E-file no. CSR-10 /9/2020-CSR-MCAGovernment of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, …
Term of Office of Officiating Chairperson NCLAT Shri Bansi Lal Bhat & Shri A.I.S. Cheema Judicial Member is extended by MCA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th April 2021 S.O.1662(E).—In continuation of this Ministry’s notifications S.O. 1049(E) dated 12th March, 2020, S.O. 2226(E) dated 06th …
MCA amends Schedule III of Companies Act 2013. Read disclosures to be made in Balance Sheet with effect from 1st day of April, 2021 MCA has made amendments in Schedule III to the Companies Act 2013 with effect from 1st day of April, 2021. Schedule III of the …
Penal Provisions related to Unpaid Dividend and Valuation by Registered valuers under Companies Amendment Act 2020 to commence from 24.03.2021 Government of India Ministry of Corporate Affairs Notification New Delhi, the 24th March, 2021 S.O. (E).– In exercise of the powers conferred by sub-section (2) of section 1 …
Companies (Audit and Auditors) Amendment Rules 2021. More reporting requirements added in companies audit reports MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 24th March, 2021 G.S.R. 206(E).—In exercise of the powers conferred by sections 139, 143, 147 and 148 read with sub-sections (1) …
Companies to compulsorily use accounting software with feature of recording audit trail which cannot be disabled – MCA Notification Note: Requirement of mandatory audit trail in company accounting software postponed to financial year starting from 01.04.2022 Read more >> MINISTRYOF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 24th March, …
Sanction for prosecution accorded in 366 cases in violation of CSR provisions The Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha stated that whenever any violation of CSR provisions is reported, action against such non-compliant Companies are …
No Extension of deadline of Companies Fresh Start Scheme (CFSS) and LLP Settlement Scheme. No such proposal under consideration says Minister No Extension of deadline of Companies Fresh Start Scheme and LLP Settlement Scheme says MCA MCA through the General Circular no. 12/2020 dated 30.3.2020, launched the “Companies …
MCA constitutes Central Scrutiny Centre (CSC) for scrutiny of Straight Through Processes e-forms filed by companies on MCA Portal MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th March, 2021 S.O.1257(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of the Companies Act, …
Revised Limit of remuneration payable to managerial person / other director in case of loss . Amendment to Schedule V of the Companies Act 2013 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the18th March, 2021 S.O. 1256(E).—In exercise of the powers conferred bysub-sections (1) …
