Sub: Ministry of Corporate Affairs has issued Companies Fresh Start Scheme, 2020” and revised the “LLP Settlement Scheme, 2020 during the period starting from 1st April, 2020 and ending on 30th September, 2020. The Ministry of Corporate Affairs in pursuance of the Government of India’s efforts to provide relief to law abiding companies and Limited… Read More »
FAQs on the Companies Fresh Start Scheme The Ministry of Corporate Affairs in pursuance of the Government of India’s efforts to provide relief to law abiding companies and Limited Liability Partnerships (LLPs) in the wake of COVID 19, has introduced the “Companies Fresh Start Scheme, 2020” Further, the scheme gives an opportunity to inactive companies to… Read More »
CARO 2020 Applicability Date Extended Now CARO 2020 will be applicable from 01.04.2020 Download Notification Click here
As per the Advisory issued by the Ministry of Corporate Affairs, a new web based form called CAR (Company Affirmation of Readiness towards COVID-19) will be deployed on March 23, 2020.Therefore, all companies & LLPs, through their authorized signatories, are requested to report compliance using above mentioned web service on March 23, 2020 instant for… Read More »
ICAI Guidance Note on CARO 2020 Exposure Draft Guidance Note on the Companies (Auditor’s Report) Order, 2020 Download Click here
Sub: MCA has introduced LLP Settlement Scheme, 2020 to give a Onetime relaxation in additional fees to the defaulting LLPs. The Ministry of Corporate Affairs has provided a one time opportunity to the LLPs to make good their default by filing pending documents and to serve as a compliant LLP in future by introducing LLP… Read More »
Ministry of Corporate Affairs Company Law Committee-2019 submits its report to Finance Minister Posted On: 18 NOV 2019 The Company Law Committee was constituted by the Ministry of Corporate Affairs in September, 2019, inter alia, to further decriminalise the provisions of the Companies Act, 2013 based on their gravity and to take other concomitant measures to provide… Read More »
GUIDANCE NOTE ON DIVISION II – IND AS SCHEDULE III TO THE COMPANIES ACT, 2013 (Revised July 2019 Edition) The Companies Act, 2013 has been undergoing changes from time to time through various amendments to the Act, Rules and through notifications and circulars of the Ministry of Corporate Affairs which are issued to keep the… Read More »
Frequently Asked Questions on The Companies Act, 2013 (Revised Edition) The Corporate Laws & Corporate Governance Committee of the Institute of Chartered Accountants of India had issued the publication “Frequently Asked Questions on the Companies Act, 2013”, in the year 2016. During the last few years, a number of amendments have taken place, including notification… Read More »
Clarification on Auditor’s Certificate on Return of Deposits pursuant to Rule 16 of the Companies (Acceptance of Deposits) Rules, 2014 This has reference to Rule 16 of the Companies (Acceptance of Deposits) Rules, 2014 and further amendments. In this regard, the Ministry of Corporate Affairs vide its letter no. File No: P-01/08/2013- CL-V Vol. VI… Read More »