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Corporate Law News


Guidance Note on Reporting on Fraud under Section 143(12) of the Companies Act, 2013

   04 March 2015 at 16:22

Auditing and Assurance Standards BoardGuidance Note on Reporting on Fraud under Section 143(12) of the Companies Act, 2013 The Auditing and Assurance Standards Board of the Institute of Chartered Accountants of India has today issued the Guidance Not

Posted in Corporate Law  1 comments |   17640 Views


MCA introduces Form GNL-4 for filing addendum for rectification of defects or incompleteness

   26 February 2015 at 12:42

MCA vide notification dated 24th February, 2015 has made amendment in Companies (Registration Offices and Fees) Rules, 2014 through Companies (Registration Offices and Fees) Amendment Rules, 2015 and the text of the said amendment is reproduced as be

Posted in Corporate Law |   19404 Views


The Companies (Indian Accounting Standards) Rules, 2015

   23 February 2015 at 10:15

[To be published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (i)]Government of IndiaMinistry of Corporate AffairsNotification New Delhi, dated 16th February2015 G.S.R(E).- In exercise of the

Posted in Corporate Law  1 comments |   24195 Views


Extension of time for filing of Notice of appointment of the Cost Auditor in Form CRA-2

   13 February 2015 at 12:12

Extension of time for filing of Notice of appointment of the Cost Auditor in Form CRA-2 Please finf the attached filefor details

Posted in Corporate Law |   14019 Views


Practicing Company Secretaries allowed to become designated / active partner of a Limited Liability Partnership

   11 February 2015 at 10:42

Dear Professional Colleagues, The Council at its 227th Meeting held at New Delhi on January 18, 2015 while approving the formation of LLPs by PCS granted general permission to the members in practice to: (a) become designated / active partner of a li

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The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2015

   21 January 2015 at 11:49

The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2015 Detailed information has been attached herewith

Posted in Corporate Law  2 comments |   27276 Views


The Companies (Accounts) Amendment Rules, 2015

   20 January 2015 at 11:05

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNotificationNew Delhi, dated 16th January, 2015 In exercise of the powers conferred by section 469 of the Co

Posted in Corporate Law  3 comments |   26640 Views


Scope of Secretarial Audit under section 204 of the Companies Act, 2013

   24 December 2014 at 12:52

Dear Professional Colleagues,Sub: Scope of Secretarial Audit under section 204 of the Companies Act, 2013Section 204 requires every listed company and a company belonging to other class of companies as may be prescribed to annex with its Board

Posted in Corporate Law  3 comments |   22848 Views


ICAI welcomes amendment related to fraud reporting in Companies Bill 2014

   19 December 2014 at 10:41

The Companies Act, 2013 had specified a new reporting requirement for the statutory auditors of companies. Under Section 143(12) of the Companies Act, 2013 the auditor was required to report on frauds/ suspected frauds in certain situations laid down

Posted in Corporate Law  2 comments |   22266 Views


Illustrative Audit Engagement Letter under Companies Act, 2013

   18 December 2014 at 11:29

FOR THE ATTENTION OF THE MEMBERS ILLUSTRATIVE FORMATS OF THE ENGAGEMENT LETTER FOR AUDIT OF FINANCIAL STATEMENTS UNDER THE COMPANIES ACT, 2013 AND THE RULES THEREUNDER The Auditing and Assurance Standards Board is issuing the

Posted in Corporate Law  1 comments |   21897 Views