Corporate Law News

Stopping of Form I- Cost Audit Report and Form A- Compliance Report

15 May 2012 at 11:09

It has been decided by the Ministry of Corporate Affairs to mandate the cost auditors and the companies to file Cost Audit Reports (Form-I) and Compliance Reports (Form-A) for the year 2011-12 onwards (including the overdue reports relating to any

Posted in Corporate Law | 1 comments | 14244 Views

Filing of Cost Audit Report (Form-I) and Compliance Report (Form-A) in the eXensible Business Reporting Language (XBRL) mode

14 May 2012 at 11:24

Filing of Cost Audit Report (Form-I) and Compliance Report (Form-A) in the eXensible Business Reporting Language (XBRL) mode General Circular 08/2012

Posted in Corporate Law | 2 comments | 6927 Views

Comprehensive revision of the Companies Act, 1956

10 May 2012 at 17:47

The Government has undertaken comprehensive revision of the Companies Act, 1956. The Companies Bill 2011 as approved by the Cabinet on 24th November, 2011 has been introduced in the Lok Sabha on 14th December, 2011 and the same has been referred t

Posted in Corporate Law | 2 comments | 16431 Views

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 | 8823 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 | 3306 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 | 4350 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 | 8007 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 | 4473 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 | 13140 Views