Category: Companies Act
On 16-02-2015, MCA had notified Companies (Indian Accounting Standards) Rules, 2015. Today, (30/03/2016) Ministry of Corporate Affairs (MCA) has notified Companies (Indian Accounting Standards) (Amendment) Rule, 2016. The amendment has made the following changes: Indian Accounting Standard (Ind AS) 11 – Construction Contracts notified. The standard shall be applied in accounting for …
MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 29/03/20l6 S.O……………(E).-In exercise of the powers conferred by sub_section (ll) of section 143 of the Companies Act, 2013 (18 of 2013 ) and in supersession of the Companies (Auditor’s Report) Order, 2015 published in the Gazette of India, Extraordinary, Part …
Government of India Ministry of Corporate Affairs Notification New Delhi, 23rd March, 2016 S.O. (E) In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the Act), the Central Registration Centre (herein …
Key Highlights of the The Companies (Amendment) Bill, 2016 The Finance Minister, Mr. Arun Jaitley on Wednesday, 16/03/2016 proposed fresh amendments to the Companies Act, 2013. Key Highlights of the The Companies (Amendment) Bill, 2016 are as under: Notes on Clauses Clause 1 of the Bill provides for …
Eradicating hunger poverty & health care tops the CSR activities by Corporate Houses during FY 2014-15 Ministry of Corporate Affairs Press Release dated 15-03-2016 Corporate Social Responsibility (CSR) provision of the Companies Act, 2013 came into force from 1st April, 2014. The year 2014-15 was the first year …
Buy back calculations when audited accounts more than six months old-MCA Notification Government of IndiaMinistry of Corporate Affairs Notification New Delhi, 10th March, 2016 GSR….(E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the …
No Proposal to make Human Rights Impact Assessment HRIA mandatory for companies Ministry of Corporate Affair 11th March, 2016 Human Rights Impact Assessment The Companies Act, 1956/2013 does not contain any provisions related to human rights impact assessment (HRIA) for companies. Further, National Human Rights Commission (NHRC), which …
Empanelment of retired officers as Inquiry Officers for conducting Departmental Inquiries-Ministry of Corporate Affairs No. C.31011/10/2016-Vig.Government of IndiaMinistry of Corporate Affairs *** 5th Floor A Wing, Shastri Bhavan,Dr. Rajendra Prasad Road,New De!hi-110001 Dated 7th March, 2016 CIRCULAR Subject : Empanelment of retired officers as the Inquiry Officers for …
Government has no info regarding incomplete, wrong non-updated financial reports filed by companies with ROC Ministry of Corporate Affairs Press Release 08-03-2016 Submission of Financial Reports There is no information with the Government regarding companies registered in the offices of registrar of companies are incomplete, wrong and not …
Carry Forward of Unspent CSR Funds Balance to Next Year, Company is free to decide Ministry of Corporate Affairs Press Release 08-03-2016 Carry Forward of Unspent CSR Funds The Ministry of Corporate Affairs in its circular dated 12th January 2016, has clarified that, the Board of the Company is …
