The government has made it mandatory for all profit-making central public sector companies to spend money on Corporate Social Responsibility activities. The Department of Public Enterprises (DPE) has come out with the revised guidelines following the new Companies Act making social welfare spending…
Category: Company Law
Amount spent on Swachh Bharat & Clean Ganga are under CSR Activity
Govt has widened the CSR (Corporate Social responsibility) ambit by including contributions made by corporates towards government’s two key initiatives — Swachh Bharat and Clean Ganga — will now be considered as social welfare spending work. MCA has issued notification on…
How can I view documents of a company or LLP?
The View Public Documents service with payment options is available only after login. However, you can search for a company/LLP and view the list of documents available for viewing of companies/LLP before login. You can view public document of a…
View Public Documents of Companies & LLP from MCA has been disabled for 5 days
In light of peak filing period, View Public Documents (VPD) service would be disabled between : 27th Oct 2014 — 31th Oct 2014 (09:00 AM – 09:00 PM ). Stakeholders are requested to plan accordingly. You can View Public Documents…
Government may relax corporate fraud reporting norms to be reported by Auditors
The government is likely to relax norms of corporate fraud reporting by auditors, with the ministry of corporate affairs (MCA) considering a proposal to make reporting mandatory only if fraud involves 10 per cent or more of the company’s turnover…
Corporate Social Responsibility (CSR) — A Commitment be a Better Tommorrow
MCA on February 27, 2014 notified section 135 of the Companies Act, 2013 and the schedule thereto, being Schedule VII to become effective from 1st April, 2014 to mandate Companies cover under the section 135 of Companies Act, 2013 are…
Company Law Settlement Scheme, 2014 extended upto 15th November, 2014
The Ministry of Corporate Affairs has issued a circular no. 40/2014 dated 15th October, 2014 and has extended the due date of filing of annual returns and accounts under the Company Law Settlement Scheme, 2014 upto 15th November, 2014 which…
One Person Company- A way to Corporatization of a Proprietorship Concern
The JJ Irani Committee in its report in 2005 recognised the need for the small and private company to provide greater opportunity to them and freedom of operation to the small businesses. Now with Companies Act, 2013 the One Person…
Corporate affairs ministry to new accounting Standards for companies
The corporate affairs ministry will unveil a road map next week for implementing the new Indian Accounting Standards. The blueprint will prescribe the class of companies that will be required to follow the new standards and the timelines within which…
MCA asked for Registration of DSC of Directors with MCA
Companies which do not have any of their Directors/Signatory details registered in the MCA21 system and who are desirous of filing DIR-3C Form are requested to get atleast one authorised signatory registered by contacting the concerned Registrar of Companies. Instructions…