P C Agrawal (Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad) (8229 Points)
05 April 2014Friends,
MCA in its circular No.8 dated 4.4.2014 (copy attached) has clarified that financial statements and documents required to be attached thereto, auditors report and Board's report in respect of financial years that commenced earlier than 1.4.2014 will be governed by Companies Act 1956 and not by Companies Act 2013.
Thanks
Sathish M
(Management Accountant)
(40581 Points)
Replied 05 April 2014
Thank you for the update sir.
Vandana J Doshi
(Practising Company Secretary)
(12562 Points)
Replied 05 April 2014
thanks for sharing the info sir.....
CA Raj Doshi
(Practising CA)
(8903 Points)
Replied 06 April 2014
CS MOHIT SALUJA
(PRACTICING CS Jalandhar 9914558709)
(5155 Points)
Replied 06 April 2014
I have some queries over this issue:
Whether now the companies are required to have Compliance Report from Company Secretaries in Practice or not? From my point of View it is not as the Compliance Report is being given by Practicing CS after March 31 of every year as the CA 2013 is applicable from April 1. 2014, hence no CC is required from Company Secretary in Practice.
But if we see Board Report which says that Compliance Report is attached herewith i.e. CC is part of Board Report, in that case we require to attach the same.
So what can be the solution here.
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