Category: Companies Act
Ponzi Scheme Offenders-Action taken against by Government/MCA to check cases of deposit taking activities and protect interests of the investor Ministry of Corporate Affairs Press Release dated 03/05/2016 The Government is committed to tackle the menace of unregulated ponzi deposit-taking schemes and take action against the offenders. The …
General Circular No. 04/2016 F. No.01/01/2009-CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr R.P. Road, New Delhi Dated: 27th April, 2016 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarification with regard to Companies (Accounting Standards) Amendment Rules …
In a recent judgment CLB Kolkata bench has held that it shall be deemed that soon after the director communication to the company regarding his resignation , the said person shall cease to be a director of the company. Case Law Details: CP No. 186/2014 Petition under section 614 of …
General Circular No 03 /2016 F. No.01/34/2013 CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi – 110001 Dated the 12th April, 2016 All Regional Directors, All Registrar of Companies, All stakeholders. Subject: Relaxation of additional fees …
RBI/2015-16/371 A.P. (DIR Series) Circular No.59 April 13, 2016 To All Authorised Dealer Banks Madam / Sir, Acceptance of deposits by Indian companies from a person resident outside India for nomination as Director Attention of Authorised Dealers Banks is invited to Regulation 3 of the Foreign Exchange Management …
MCA Notification-Format of financial statements for a company whose financial statements are drawn as per Companies (Indian Accounting Standards) Rules, 2015. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi , 6th April, 2016 G.S.R. 404(E).—In exercise of the powers conferred by sub section (1) of section 467 of the Companies Act, …
GOVERNMENT OF INDIA Ministry of Corporate Affairs Notification New Delhi, the 4th April, 2016 GSR (E) – In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes …
Ministry of Corporate Affairs (MCA) has made amendments to Companies (Accounting Standards) Rules, 2006 by the Companies (Accounting Standards) Amendment Rules, 2016 by notification dated 30/03/2016. In the amended rules: Reference to Companies Act 2013 has been incorporated; For financial statements reference to section 2(40) of the Companies Act 2013 …
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 …
