Corporate Law News

MCA- Public Inspection of Physical records at the Office of the Registrar of Companies

09 May 2012 at 11:49

Public Inspection of Physical records at the Office of the Registrar of Companies, West Bengal shall be discontinued from 1.05.2012 to 31.07.2012 due to Renovation of Record rooms/office. The Inspection of records shall be resuming from 1st Aug 20

Posted in Corporate Law | 1 comments | 8805 Views

Extension of Due Date for the Comments on the Exposure Draft of the Taxonomy for C&I Companies

09 May 2012 at 11:43

Keeping in view the numerous comments received on the draft general purpose taxonomy for C&I companies based on the Revised Schedule VI, it has been decided to extend the due date for the comments till 21st May, 2012. Accordingly, comments may

Posted in Corporate Law | 3300 Views

Notice for filing Form-8 & 11 for the Financial Year ended 31-03-2012

09 May 2012 at 10:41

All LLPs registered upto 30-September-2011 have to mandatorily close the financial year as on 31-03-2012 and file Form-11 by 30-May-2012 and Form-8 by 30- October-2012. LLPs registered from 01-10-2011 to 31-03-2012 have option either to close fin

Posted in Corporate Law | 1 comments | 12438 Views

Integration of LLP System into MCA-21

09 May 2012 at 10:41

1. The Ministry is in process of integration of LLP system into MCA-21 in the month of June 2012 by allowing filing & approval of LLP forms at MCA-21 website (www.mca.gov.in) for better e-governance facility for stakeholders, by making neces

Posted in Corporate Law | 4332 Views

Conducting of AGM by Companies

08 May 2012 at 10:58

The Companies Act, 1956 prescribes filing of a copy of the Balance Sheet and Annual Report after the AGM has been conducted, with the concerned Registrar of Companies. There is no requirement under the Companies Act requiring the Registrar of Comp

Posted in Corporate Law | 1 comments | 8004 Views

Furnishing of Misleading Information by Multinational Network Accounting Firms (MNAFs)

07 May 2012 at 17:28

Furnishing of Misleading Information by MNAFs According to the information furnished by the Institute of Chartered Accountants of India (ICAI) a High Power Committee (HPC) appointed by them for examining the operation of Multinational Network Ac

Posted in Corporate Law | 4458 Views

Stopping of Form 23AC and Form 23AC XBRL for fy starting on or after 01.04.2011

04 May 2012 at 17:01

Please note that existing Form 23AC, Form 23ACA, Form 23AC-XBRL and Form 23ACA-XBRL can not be filed by those companies whose financial year is starting on or after 1.4.2011 as Revised Schedule VI is applicable for such period. New e-forms are und

Posted in Corporate Law | 1 comments | 13134 Views

Future Implementation of XBRL

04 May 2012 at 13:10

The Ministry of Corporate Affairs has set up a Committee to develop the roadmap for future implementation of Extensible Business Reporting Language (XBRL). This Committee comprises of XBRL experts and representatives from the corporate sector as

Posted in Corporate Law | 9792 Views

Compliance of Reporting Norms by Companies

01 May 2012 at 12:06

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that the reporting norms comprises of annual reporting of financial results and state of affairs by companies in the format prescribed unde

Posted in Corporate Law | 8067 Views

Registration of New Companies