Articles by CS Divesh Goyal

Amendment in Schedule III & Auditors Report, Directors Report

CS Divesh Goyal 23 July 2021 at 09:37

By these amendments, MCA has increased stringency in compliances and has added numerous additional disclosures in Financial Statement, Directors Report and Audit Report.

Event Date for CFSS

CS Divesh Goyal 23 July 2021 at 09:36

The due date for filing of E-form CFSS is 30 June 2021 for all the Companies. If a Company fails to file the CFSS Form, it will lose the immunity granted to it by the CFSS Scheme.

Remuneration to Non-Executive & Independent Director

CS Divesh Goyal 23 July 2021 at 09:36

Subject to the provisions of section 197, a company having profits in a financial year may pay remuneration to a managerial person or persons or other directors not exceeding the limits specified in such section.

Everything about NDH-4

CS Divesh Goyal 23 July 2021 at 09:36

MCA has introduced a new form NDH-4 i.e. Declaration of Nidhi. The requirement of filing of NDH-4 is mentioned in section 406 of Companies Act, 2013 and rule 3A, 23A and 23B of Nidhi Rules, 2014.

Amendments to Stamp Duty on Transfer of Shares

CS Divesh Goyal 22 July 2021 at 09:25

The amendments propose a uniform system for the collection and payment of stamp duty on the issue and transfer of securities. Let us decode the stamp duty on issue and transfer of shares in both physical as well as Demat form.

Merged Definition of a Listed Company in Section 2(52) of the Companies Act, 2013

CS Divesh Goyal 22 July 2021 at 09:16

MCA has liberalized the definition of listed companies under the Companies Act to give compliance relief to public limited companies and private limited companies having listed debt securities.

Recent Amendments in CSR due to COVID-19

CS Divesh Goyal 22 July 2021 at 09:16

Discussing the provisions of Corporate Social Responsibility concerning COVID-19 (Corona). We have accumulated all the circulars of MCA and have offered the same in this article.

10 Companies Act Amendments effective from 1st April 2021 for FY 2021-22

CS Divesh Goyal 22 July 2021 at 09:16

Many amendments have been made by MCA and GoI in the last Financial Year i.e. 2020-21. Let us discuss 10 of those amendments that are effective from 1st April 2021.

Penalty or Fine on Late filing of e-form along with additional Fees

CS Divesh Goyal 21 July 2021 at 08:50

Whether Additional Fees is a fine or a penalty? What are the Provisions dealing with the late filing of e-form? What are the consequences of late filing of e-forms? Let us discuss.

MCA Amendments for the m/o June 2021

CS Divesh Goyal 21 July 2021 at 08:50

The Ministry of Corporate Affairs has announced several amendments in the Companies Act, 2013. Let us discuss the No. of Notifications, Circulars and Amendments in Rules announced in June 2021.