Category: Companies Act
Relaxation of additional fees and extension of last date of filing of AOC-4 XBRL E-Forms using Ind AS for FY 2016-17 to 30th April 2018 F. No. 01/19/2013-CL-V (pt.) Government of India Ministry of Corporate Affairs General Circular No.01/2018 To All Regional Directors, All Registrar of Companies, All …
Conflict of interest is sufficient cause for share transfer refusal u/s 58(4) of Companies Act, 2013 –Supreme Court. CLB obliged consider contention of transfer being deceptive and mala fide. ABCAUS Case Law Citation: ABCAUS 2265 (2018) (03) SC The appellant was a public company whose majority of shares …
Government notifies NFRA w.e.f. 21st March, 2018. Rules for appointment of office bearers have also been notified simultaneously. As per section 132(4) of the Companies Act, 2013, the National Financial Reporting Authority (NFRA) has been empowered to investigate either suo moto or on a reference made to it by the …
AOC4 XBRL to be filed even if the company do not fall under the specified class of companies in succeeding years-MCA Notification The Government has amended the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015. MCA has notified the Companies (Filing of Documents and …
199 companies face penalty for non-compliance of CSR norms. No proposal to review the state of implementation of the Companies Act related to CSR Section 135 of the Companies Act, 2013 mandates for expenditure on Corporate Social Responsibility (CSR). Further Section 134 provides that the Board’s Report …
Companies required to follow IndAS to report Abridged Financial Statements in AOC3A. Companies (Accounts) Amendment Rules 2018. MCA Notification Ministry of Corporate Affairs (MCA) has issued Notification amending the Companies (Accounts) Rules, 2014 by Companies (Accounts) Amendment Rules, 2018. Section 136 of the Companies Act, 2013 provides for …
Companies engaged in defence production exempted from segment reporting-MCA Notification MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 23rd February, 2018 S.O. 802(E).— In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) and subsection (2) of section 462 of the Companies Act, …
Reappointed independent director to be removed by passing special resolution and after giving him a reasonable opportunity-MCA Sub-section (2) of section 152 of the Companies Act, 2013 provides that every director (including an independent director) shall be appointed by the company in general meeting; Further, sub-section (10) of …
Amendment to various Companies Rules of 2014. Ministry of Corporate Affairs have amended the following Rules: Rules Changes Notification Companies (Audit and Auditors) Rules, 2018 Substitution of following forms: (a) Form ADT-1. Notice to Registrar fir auditors appointment, and (b) Form ADT-2. Application for removal of auditor before expiry …
Applicability of AS-22 or IndAS-12 to Government company with respect to provisions relating to deferred tax asset/liability for seven years MCA has issued a notification providing that provisions of Accounting Standard 22 or Indian Accounting Standard 12 relating to deferred tax asset or deferred tax liability not to …