The Ministry of Law & Justice, on receipt of President’s assent on Wednesday, 03rd January, 2018 issued an Act to amend the Companies Act, 2013, which is to be called as “The Companies (Amendment) Act, 2017”. The Companies (Amendment) Bill, 2017 was passed by the Lok sabha on July 27, 2017 and Rajya Sabha on […]

MCA vide General Circular no. 16/2017 on Friday, 29th December, 2017 have issued the Condonation of Delay Scheme, 2018 (CODS, 2018). CODS, 2018 is issued with reference to section 164 and 167 of the Companies Act, 2013 for the defaulting Companies & their Directors, who have failed to file the financial statements or annual return […]

MCA vide Notification no. G.S.R (E) on Wednesday, 20th December, 2017 have amended the Companies (Cost records and audit) Rules, 2014 (Principal rules) and issued Companies (Cost records and audit) Second Amendment Rules, 2017 to that effect. In the principal rules, the following amendments have been made with effect from 1st day of July, 2017 […]

Rajya Sabha has passed the Companies (Amendment) Bill, 2017 on December 19, 2017 and shall come into force on getting the President’s assent. The Bill to further amend the Companies Act, 2013 was introduced in Lok Sabha on March 16, 2016. Thereafter it was referred to the Parliamentary Standing Committee on Finance for examination and report. The Parliamentary Standing Committee on Finance had […]

MCA vide General Circular 15/2017 on Monday, 4th December, 2017 have extended the last date for filing of Form CRA-4, for the financial years starting on or after 1st April, 2016, without payment of additional fees till 31st December, 2017.

MCA vide Notification no. G.S.R. __ (E) on Thursday, 7th December, 2017 have amended the companies (cost records and audit) Rules, 2014 and issued Companies (cost records and audit) Amendment Rules, 2017 to that effect. The definition of Indian Accounting standards have been inserted after clause (f) of rule 2 and Form CRA-1(Particulars relating to […]

MCA vide Notification no. G.S.R. __ (E) on Monday, 04th December, 2017 issued the Companies (Filing of documents and forms in Extensible Business Reporting Language) Second Amendment Rules, 2017. The Notification shall come into force w.e.f date of publication in the Official Gazette. The Notification amends the annexure as given in the principal rules – […]

MCA vide notification on Monday, 4th December, 2017 has designated the LIX Additional City Civil and Sessions Judge, Bengaluru City as a Special court for the purposes of providing speedy trial of offences punishable with imprisonment of two years under section 435(1) of the Companies Act, 2013. The said Notification can be accessed from the […]

AoC-4 Non-XBRL and AoC-4 XBRL (Non-Ind AS) forms are being revised and are likely to be notified on 7th November 2017 including therein demonetization related changes. Stakeholders are advice to plan accordingly and file using only the revised forms w.e.f. 8th November 2017.

MCA vide Notification no. 1371(E) on Tuesday dt. 7th November, 2017 issued the Companies (Accounts) Amendment Rules, 2017 to amend the Companies (Accounts) Rules, 2014. The Notification shall come into force w.e.f date of publication in the Official Gazette i.e. 7th November, 2017. The Notification amends the e-form AOC-4 (Filing of financial statements and other […]