ICAI issues revised Frequently Asked Questions on the Companies Act, 2013
The Corporate Laws & Corporate Governance Committee (CL&CGC) of the Institute of Chartered Accountants of India (ICAI) has released the revised publication “Frequently Asked Questions on the Companies Act, 2013”. The last publication was issued in 2016 and since then a number of amendments have taken place, including notification of the Companies (Amendment) Act, 2017, making major amendments.
Consequent to the amendments, the revision of the publication was the need of the time. The said publication, “Frequently Asked Questions on the Companies Act, 2013” is in a question and answer format which comprehensively covers issues to assist our chartered accountants and other stakeholders on various aspects of Companies Act, 2013.
ICAI revised Frequently Asked Questions on the Companies Act, 2013
The publication consists of 174 FAQs under the following 12 broad headings:
- Incorporation and allied matters
- Capital and allied matters
- Board related matters
- Management and Administration
- Audit and Auditors
- Secretarial audit
- Corporate Social Responsibility
- Compromise and Arrangement
It also contains a list of Sections of Companies Act 2013 that has been notified and enforced by the Ministry of Corporate Affairs as on 31st March, 2019