Corporate Law News

ICAI releases Exposure Draft of Guidance Note on Transfer of Capital Reserve

22 March 2023 at 07:03

Certain Ind AS require capital reserve to be created toward unrealised profits arising from certain transactions or other events. However, currently, there is no specific guidance on their subsequent transfer to retained earnings or other free reserve.

Posted in Corporate Law | 5124 Views

NPS records 5,67,116 beneficiaries above age of 60 years

21 March 2023 at 08:40

As informed by PFRDA, the number of beneficiaries above the age of 60 years, under the National Pension System (NPS) is 5,67,116.

Posted in Corporate Law | 3402 Views

38.58 crore loans extended since inception of PMMY

14 March 2023 at 08:34

26.35 crore loans (68%) extended to Women Entrepreneurs and 19.84 crore loans (51%) to SC/ST/OBC category of borrowers under PMMY

Posted in Corporate Law | 3363 Views

Due date for filing of 45 company e-Forms, PAS-03 and SPICE+PartA in MCA-21 V3 extended till 31st March 2023

22 February 2023 at 08:39

MCA vide General Circular No. 04/2023 dated February 21, 2023 extended the time for filing of 45 company e-Forms and PAS-03 in MCA 21 Version 3.0 without additional fees till March 31, 2023.

Posted in Corporate Law | 14364 Views

MCA extends time for filing of 45 company e-Forms & PAS-03 in MCA-21 V3 without additional fees

08 February 2023 at 08:47

MCA vide General Circular No. No. 03/2023 dated February 07, 2023 extended the time for filing of 45 company e-Forms and PAS-03 in MCA 21 Version 3.0 without additional fees for a period of 15 days.

Posted in Corporate Law | 8076 Views

ICAI releases ED of Guidance Note on Financial Statements of Non-Corporate Entities and LLPs

07 February 2023 at 17:05

Exposure Drafts of Guidance Note on Financial Statements of Non-Corporate Entities and Guidance Note on Financial Statements of Limited Liability Partnerships for comments

Posted in Corporate Law | 6369 Views

Crypto Assets are borderless, require international collaboration to prevent regulatory arbitrage

07 February 2023 at 08:35

Crypto Assets are by definition borderless and require international collaboration to prevent regulatory arbitrage.

Posted in Corporate Law | 2952 Views

MCA 21 Version 3- LLP filing and Company Filing for 56 Forms

27 January 2023 at 08:44

MCA 21 Version 3- LLP filing and Company Filing for 56 Forms– Issues/ Feedback (If any)- Initiative of the Corporate Laws & Corporate Governance Committee of ICAI

Posted in Corporate Law | 13380 Views

MSME Ministry clarifies of not receiving any request from cost and management accountants to conduct financial audit of MSMEs

27 December 2022 at 08:43

MSME Ministry informed Parliament on Thursday that the MSME Ministry has not received any request from the cost accountants' institute to allow cost and management accountants to conduct financial audit of micro, small and medium enterprises.

Posted in Corporate Law | 2 comments | 6264 Views

MCA to launch 56 forms in two phases by 23rd January 2022

26 December 2022 at 08:39

In our continuous endeavour to serve you better, the Ministry of Corporate Affairs is launching a Second set of Company Forms covering 56 forms in two different lots on the MCA21 V3 portal.

Posted in Corporate Law | 9621 Views