Companies Act, 2013 being a stringent legislation would soon require the auditors to report and alert the authorities in case of any fraud including sum of at least Rs. 1 crore or 10 % of the company turnover. This mandatory reporting is an early alarm bell being put in place by the regulators to prevent… Read More
1. Introduction To check Insider trading, R 8(1) of the Regulations states that the Board of Directors of every listed company shall lay down and publish on its official website, a code of practices and procedures for fair disclosure of unpublished price sensitive information that would be followed to adhere to each of the principles… Read More
The business leaders demand to have some guidelines to monitor regarding .spending of CSR funds by corporates as there might be some companies either wasting money or siphoning in some form. Industrialists and other eminent business leaders think that the corporate social responsibility should come from each individual. The Companies should be tightened in some… Read More
General Circular No. 09 /2015 No. 1/8/2013-CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr R.P. Road, New Delhi Dated: 18th, June, 2015 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarification on repayment of deposits accepted by the companies before the commencement of the Companies Act, 2013… Read More
1.This has reference to the SEBI (Share Based Employee Benefits) Regulations, 2014 ("the Regulations") notified on October 28, 2014. The Regulations provide for certain processes / disclosure requirements to be specified by SEBI. 2. The stock exchanges are advised to bring the contents of this circular to the notice of the companies listed on them… Read More
1.The Ministry has received several representations about the non-availability of the revised form CRA-2 on MCA-21 required for filing of notice of appointment of the Cost Auditor for the F.Y. 2015-16, although the time Iimit for filing of the same has either lapsed or will be lapsing. The revised form CRA-2 has now been notified… Read More
Download the Notification related to Exemptions to Private Companies under section 462 of CA 2013 released by Ministry of Corporate Affairs on 5th June, 2013 (to be published in the Official Gazette) Read More
Download the Notification related to Exemptions to Section 8 (Non-Profit) under section 462 of CA 2013 released by Ministry of Corporate Affairs on 5th June, 2013 (to be published in the Official Gazette) Read More
Download the Notification related to Exemptions to Nidhis under section 462 of CA 2013 released by Ministry of Corporate Affairs on 5th June, 2013 (to be published in the Official Gazette) Read More
Download the Notification related to Exemptions to Government Companies under section 462 of CA 2013 released by Ministry of Corporate Affairs on 5th June, 2013 (to be published in the Official Gazette) Read More
F. No. 2/19/2011-CL-V Ministry of Corporate Affairs Government of India ˜A™ Wing, 5th Floor, Shastri Bhawan New Delhi 110 001 Dated 04th June, 2015 ORDER Subject : Constitution of Companies Law Committee The Government hereby constitutes a Companies Law Committee consisting of the following : S. No. Name of Person/Institution Position 1. Secretary, Ministry of Corporate Affairs Chairperson 2.… Read More
The Companies (Amendment) Act, 2015 of Parliament received the assent of the President on the 25th May, 2015 The Act can be accessed at the link given below. Companies(Amendment)Act 2015 Read More
The government has notified amendments to the Companies Act, which makes it easier to do business and provides for stricter penalties for fraud cases. The amendments, which were passed by Parliament earlier this month, have been made to the Companies Act, 2013, mainly to deal with board resolutions, utilisation of unclaimed dividends and setting-up of… Read More