MCA vide Notification No. G.S.R. ____ (E)., dated 6th May, 2016, has came out with the Companies (Registration Offices and Fees) Amendment Rules, 2016, by which  Form No. GNL-1 and GNL-4 have been substituted with the new Forms as provided in these Amendment Rules. Forms GNL-1 and GNL-4 are likely to be available on MCA21 Company Forms Page […]

MCA vide Notification No. S. O. (E) __ on Friday, the 29th April, 2016, has delegated power of Central Government under Section 206 (5) of the appointment of inspector to Regional Director. The said Notification can be accessed at the following link: Notification No. S. O. __ (E)_29.04.16

MCA vide General Circular No. 4/20106 on Wednesday, the 27th April, 2016, has clarified with regard to the preparation of accounts using the Companies (Accounting Standards) Amendment Rules, 2016, it is applicable for the accounting periods commencing on or after the date of notification. The said General circular can be accessed at the following link: General Circular No. 04_2016 […]

The Institute of Chartered Accountant of India (ICAI) on 23rd April, 2016 has posted on its website, Guidance Note on the Companies (Auditor’s Report) Order, 2016, issued by Auditing and Assurance Standards Board. The same can be accessed at the following link: ICAI_Guidance Note on the Companies Auditors’ Report Order, 2016

MCA vide Circular No. 03/2016 on Tuesday, the 12th April, 2016, has been decided to relax the additional fee payable on e-forms which are due for filing by Companies between 25/04/2016 to 30/04/2016 as one time waiver of additional fee and it has also clarified to stakeholders that if such due e-forms are filed after […]

MCA vide Notification  No. G.S.R. ___ (E) on Monday, the 4th April, 2016 has came out with, The Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Amendment Rules, 2016. in rule 3, of the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules,2015 – 3. Filing of financial statement with Registrar:- The […]

MCA on Wednesday, the 30th March, 2016, has came out with the Companies (Indian Accounting Standards) (Amendment) Rules, 2016. The Central Government, in consultation with National Advisory Committee on Accounting Standards has amended the Companies (Indian Accounting Standards) Rules, 2015. The Companies (Accounting Standards) (Amendment) Rules, 2016 can be accessed at the following link: The Companies […]

MCA on Wednesday, the 30th March, 2016, came out with the Companies (Accounting Standards) (Amendment) Rules, 20l6. The Central Government, in consultation with National Advisory Committee on Accounting Standards has amended the Companies (Accounting Standards) Rules,2006  as under: In the principle rules, in rule 4, in sub-rule (2), the words “General purpose” shall be omitted. […]

MCA vide order no. S.O._ (E) on Tuesday, the 29th March, 2016, has came out with Companies Removal of Difficulties Second order, 2016, in section 133, the following proviso shall be inserted, namely:- “Provided that until the National Financial Reporting Authority is constituted under section 132 of the Companies Act, 2013 (18 of 2013), the […]

MCA vide order no. S.O._ (E) on Tuesday, the 29th March, 2016, has came out with Companies Removal of Difficulties First order, 2016, in section 143, in sub section (ii), the following proviso shall be inserted, namely:- “Provided that until the National Financial Reporting Authority is constituted under section 132, the Central Government may hold […]