LLP Amendment Bill 2021 gets nod of Lok Sabha; Booster dose to ease of doing business in India
The Lok Sabha passed the Limited Liability Partnership (Amendment) Bill, 2021 (“the LLP Amendment Bill”). The LLP Amendment Bill seeks…
Category: Companies Act Articles
MCA allows Board of Directors to approve Financial Statements, Board’s Report via Video Conferencing
The Ministry of Corporate Affairs (MCA) scrapped the Rule restraining the presentation of approval of the annual financial statements, approval…
FAQ’s on accounting of CSR expenses issued by ICAI
The Institute of Chartered Accountants of India (ICAI) has on 10th May,2021 issued Frequently Asked Question (FAQ) on accounting for amounts to…
ICAI issues clarification with regard to the appointment of CA as auditor for two terms
Whether a Proprietary firm (having FRN) or individual CA who is practicing either in his own name or trade name…
Mandatory use of Accounting Software having Audit Trail deferred to FY 2022-23
The Ministry of Corporate Affairs (MCA) had issued a notifications on 24th March, 2021 vide which following amendments were made:…
Amendment made in Companies (Accounts) Rules, 2014: At a glance
The Ministry of Corporate Affairs (MCA) vide Notification No. G.S.R. 205(E), dated 24th March, 2021 has issued ‘Companies (Accounts) Amendment Rules, 2021’…
Schedule V amended: Limit of Remuneration to non-executive / independent Director prescribed
The Ministry of Corporate Affairs vide Notification No. S.O. 1256 (E), dated 18-3-2021, has amended Schedule V to the Companies Act, 2013,…
Latest Eleven Amendments in Companies Act, 2013 you should know
The Ministry of Corporate Affairs (MCA) has vide Notification dated January,22, 2021 enforced the 11 provisions of the Companies (Amendment)…