Articles by CS Divesh Goyal

Is Auditor Certificate mandatory for DPT-3?

CS Divesh Goyal 28 July 2021 at 09:35

Nowhere in Section 73 or Rule 16, it has been mentioned about the Certificate of Auditor, but in many cases, ROC's ask for a certificate from the Statutory Auditor of the Company.

How to file DPT-3 in case of Loan from shareholder?

CS Divesh Goyal 28 July 2021 at 09:35

Private Limited Companies are allowed to accept Loans from Shareholders of a Company after following the process mentioned under Section 73 of the Companies Act, 2013.

How can an Auditor report a disqualification of a director in the Audit Report?

CS Divesh Goyal 28 July 2021 at 09:35

It shall be the duty of the statutory auditor of the appointing company as well as the disqualifying company to report to the members of the company whether any director is disqualified from being appointed as a director.

Criticalities in the annual filing for FY ended 31st March 2021

CS Divesh Goyal 28 July 2021 at 09:35

There are several criticalities in the Annual Filing for the FY ended 31st March 2021. Discussing the same from the point of view of Financial statements via 20 FAQs.

FAQs on Corporate Social Responsibility (CSR)

CS Divesh Goyal 27 July 2021 at 09:40

MCA has introduced the Companies (Corporate Social Responsibility Policy), Amendment Rules, 2021 that are applicable to FY 2020-21. CSR Spending has been made mandatory w.e.f FY 2020-21.

Latest Amendment in LLP Act

CS Divesh Goyal 27 July 2021 at 09:40

In Budget 2021, FM announced an Amendment in the LLP Act. In continuation of the same, MCA has issued a press release on 3rd February 2021. A new concept of Small LLP has been introduced.

Key Relaxation to small companies

CS Divesh Goyal 27 July 2021 at 09:40

The status of a company as a “Small Company” may change from year to year. Thus the benefits which are available during a particular year may stand withdrawn in the next year and become available again in the subsequent year.

Process of Conversion of OPC Into Private / Public Company

CS Divesh Goyal 27 July 2021 at 09:40

MCA has introduced the Companies (Incorporation), Second Amendment Rules, 2021 on 1st February 2021. An amendment in the Process of Conversion of One Person Company to Private/Public Company has been made.

Analysis of CSR Amendment Rules, 2021

CS Divesh Goyal 26 July 2021 at 18:53

MCA has introduced the Companies (Corporate Social Responsibility Policy), Amendment Rules, 2021 under which, the CSR spending has been made mandatory from voluntary w.e.f. FY 2020-21.

Checklist of Directors Report under Companies Act, 2013

CS Divesh Goyal 26 July 2021 at 09:35

Discussing the Checklist for Director's Report under the Companies Act, 2013 with regard to the Board's Report, Event/Limit Based Disclosures, and Mandatory Disclosures by a Public Company and a Listed Company.