COMPANIES (FILING OF DOCUMENTS AND FORMS IN EXTENSIBLE BUSINESS REPORTING LANGUAGE) AMENDMENT IN RULE 3 NOTIFICATION NO. GSR 397(E) [F.NO.1/19/2013-CL-V], DATED 4-4-2016 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 the following… Read More »
Guidance Note on CARO 2016 Guidance Note on Companies Auditor’s Report Order 2016 The Ministry of Corporate Affairs has issued the Companies (Auditor’s Report) Order, 2016 (CARO 2016) vide Order dated 29th March 2016. The Order would be applicable for audit of the financial statements for the period beginning on or after April 1, 2015.… Read More »
FAQs on limits of Secretarial Audits 1. What is the limit for the issue of Secretarial Audit Reports for financial year 2016-17? The Council of the Institute at its 235th meeting held on February 11, 2016 reviewed the existing limits for the issue of Secretarial Audit Reports and decided as below: 10 Secretarial… Read More »
FREQUENTLY ASKED QUESTIONS (FAQs) ON ANNUAL FILINGS, LINKED FILINGS, CANCEL SRN SERVICE, RESUBMISSION AND ADDITIONAL FEE WAIVER PRESS RELEASE, DATED 19-4-2016 Stakeholders are requested to make note of the following common queries. Stakeholders are also requested not to raise duplicate Helpdesk tickets. 1. Which eforms can I file as attachments with GNL-2? Annual filing… Read More »
NOTIFICATION NO. GSR 418(E) [F.NO.2/15/2014-CL-V], DATED 13-4-2016 In exercise of the powers conferred by sub-sections (1) and (2) of section 79 of the Limited Liability Partnership Act, 2008 (6 of 2009), the Central Government hereby makes the following rules further to amend he Limited Liability Partnership Rules, 2009 namely:— Short title and commencement 1. (1)… Read More »
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 (Deposit) Regulations, 2016, notified vide Notification No.… Read More »
NOTICES BY ROC U/S. 206 OF THE COMPANIES ACT, 2013 ASKING INFORMATION OF CSR Ministry of Corporate Affairs seems to be serious about funding of CSR Money. As all the companies are, now a days, being asked by their concerned Registrar of Companies, by sending notice under section 206, to furnish the information/ documents specifically… Read More »
SECTION 398 OF THE COMPANIES ACT, 2013 – PROVISIONS RELATING TO FILING OF APPLICATIONS, DOCUMENTS, INSPECTION, ETC., IN ELECTRONIC FORM – RELAXATION OF ADDITIONAL FEES AND EXTENSION OF LAST DATE OF FILING OF VARIOUS E-FORMS UNDER COMPANIES ACT GENERAL CIRCULAR NO.3/2016 [F.NO.01/34/2013 CL-V], DATED 12-4-2016 This Ministry has launched V2R2 on 28th March, 2016, downtime… Read More »
Whether the Limited Liability Partnership Act is applicable to any specific services like professional services regulated by Statutes? No.Any two or more persons associating for carrying on a lawful business with a view to profit may set up an LLP. In the light of various inputs received by this Ministry for applicability of the LLP… Read More »
Limited Liability Partnership Concept of limited liability partnership LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its own… Read More »