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12 Important Points regarding Section 8 Company
12 Important Points regarding Section 8 Company Following are the 12 Important Points regarding Section 8 Company: – 1. The General Meeting of Sec. 8 Company can be conducted with Notice of 14 Clear days instead of 21 days. 2. Revised SS-1 & SS-2 is not applicable. Provisions
MCA issued NFRA Rules 2018
MCA issued NFRA Rules 2018 NFRA Rules 2018 are released by MCA. These rules will be applicable from their publish in official gazette. l.Short Title and commencement’_(1)These rules may be called the National Financial Reporting Authority Rules’ 2018′ (2) They shall come into force
Changes made to Schedule III for AS & Ind AS
Changes made to Schedule III for AS & Ind AS compliant companies There are some changes made to the schedule III for AS & Ind AS. On October 11, 2018, the Ministry of Corporate Affairs (MCA) has amended the Schedule III to the Companies Act, 2013. Schedule
A visit to new Limited Liability Partnership – LLP Incorporation Procedure
A visit to new Limited Liability Partnership (LLP) Incorporation Procedure An LLP is one of the most famous type of entity after company. After a break in LLP registrations due to up gradation in existing system, the Government recently announced a new procedure akin to
Legality of Document Signed through DSC
Legality of Document Signed through DSC A document executed by the electronic signature is a validly executed document under the Information Technology Act, 2000 (“IT Act”). The rationale for the view has been set out hereinbelow. Section 2(ta) of the IT Act defines an electronic
Check list for issue of Right Shares by a Private Company
Check list for issue of Right Shares by a Private Company Issue of right shares have some conditions to be fulfilled before the issue. So, we have prepared a Check list for issue of Right Shares by a Private Company. Following is the Check list for
NFRA- DISC proceedings against members stayed by Delhi HC:
NFRA- DISC proceedings against members stayed by Delhi HC The ICAI, one of the respondent to the application filed in Hon’ble High Court, has very powerfully and diligently has put up its views before the Hon’ble Delhi High Court on NFRA matter. We, professionals, are
New LLP forms available from 2nd October 2018
New LLP forms available from 2nd October 2018 From the 2nd October 2018, the new LLP forms are available to be filled for the formation and other compliances of LLP. As part of process re-engineering of LLP incorporation forms, Form 1, Form 2, Form 2A,
Unique Document Identification Number (UDIN)
Unique Document Identification Number (UDIN) It has been noticed that financial documents/ certificates attested by third person misrepresenting themselves as CA Members are misleading the Authorities and stakeholder. ICAI is also receiving the number of complaints of forged signatures. To curb the malpractices, the Professional
The companies (Registered valuers and Valuation) Third Amendment Rules, 2018
The companies (Registered valuers and Valuation) Third Amendment Rules, 2018 The companies (Registered valuers and Valuation) Third Amendment Rules, 2018 has been issued on 25th September 2018. The amendment will be applicable from the date of publication of such notification. The text of the Notification: Government
Late fee for DIR-3 KYC reduced to Rs. 500 till 5th October
Late fee for DIR-3 KYC reduced to Rs. 500 till 5th October The MCA has allowed the defaulter directors who failed to file the FORM-3 KYC. By reducing the late fee of Rs. 5,000 to the Rs. 500 only. But this will be only applicable
Summary of LLP Second Amendment Rules, 2018
Summary of LLP Second Amendment Rules, 2018 The LLP Second Amendment Rules, 2018 has introduced by the government and we have created a summary to clarify the amendments to understand. Following are the Summary of LLP Second Amendment Rules, 2018: to be effective from October 02,



