Category Archives: Companies Act 2013

Companies (Registered Valuers and Valuation) Rules 2017 : Download

By | October 21, 2017

Companies (Registered Valuers and Valuation) Rules 2017. [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i)] Ministry of Corporate Affairs New Delhi, the 18th October, 2017 G.S.R (E).─ In exercise of the powers conferred by section 247 read with sections 458, 459 and 469 of the Companies Act, 2013 (18… Read More »

Section 247 of Companies act w.e.f 18.10.2017 Valuation by Registered Valuers

By | October 21, 2017

Ministry of Corporate Affairs issues Notification for commencement of Section 247 of the Companies Act, 2013 relating to Valuation by Registered Valuers ;.  The Companies (Registered Valuers and Valuation) Rules, 2017, finalized after public consultation and detailed deliberations with stakeholders, have also been issued simultaneously. The Ministry of Corporate Affairs has issued Notification for commencement… Read More »

Transfer of Shares to IEPF Authority

By | October 17, 2017

EPF Authority  demat account details for transfer of shares. The due date for transfer of shares by companies is 31st October 2017 General Circular  No. 12/2017 No. 11/06/2017-IEPF Government  of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing Shastri Bhawan, Dr.R. P.Road New Delhi- 110001 Dated: 16.10.2017 To All Stakeholders Nodal Officers (IEPF) of Concerned… Read More »

EPF-Procedure for transfer of shares to demat account of authority

By | October 17, 2017

EPF-Procedure for transfer of shares to demat account of authority. IEPF Authority (Accounting Audit Transfer and Refund) Second Amendment Rules 2017. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, the 13th October, 2017 G.S.R.  (E).- In exercise of the powers conferred by sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of section… Read More »

Govt received info for 2.09 Lakh suspicious companies from Banks

By | October 6, 2017

Government of India receives vital information from 13 Banks regarding the bank account operations and post-demonetization transactions of some of the 2,09,032 suspicious companies that had been struck off the Register of Companies earlier this year;  Investigative agencies have been asked to complete necessary investigation in a time bound manner. In what is undoubtedly a… Read More »

Companies Act With Rules 8th Edition September 2017 Taxmann Book

By | September 8, 2017

Companies Act With Rules 8th Edition September 2017 Taxmann Book Incorporating Annotated Text of Companies Act 2013 & Rules framed thereunder Rules Framed under Companies Act 2013 Circulars & Notifications issued under Companies Act 2013  New SS-1 and SS-2 effective from 1-10-2017 Annotation under each section shows Relevant rules framed under the relevant section Reference… Read More »

Govt put Ban on Bank accounts of struck off companies 

By | September 5, 2017

Department of Financial Services advises all Banks to take immediate steps to put restrictions on bank accounts of over two lakh ‘struck off’ companies  Government has stepped up decisive action against companies falling within the ambit of Section 248 of the Companies Act. The names of 2,09,032 companies have been struck off from the Register… Read More »

Taxmann Company Law Manual 8th Edition 2017 Book

By | September 3, 2017

Company Law Manual – A Compendium of Companies Act 2013 along with Relevant Rules Incorporating Annotated text of Companies Act 2013 (As Amended by Insolvency and Bankruptcy Code 2016 & Finance Act 2017) & Rules framed thereunde Text of Relevant Rules given  along with text of relevant section of Companies Act 2013 Annotation under each section… Read More »

SS 1 and SS 2 Secretarial Standard withdrawn by ICSI w.e.f 30.09.2017

By | August 20, 2017

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA (Statutory Body under an Act of Parliament) NOTIFICATION New Delhi, the 16th August, 2017 F. No. ICSI/6/2017.—The Notification ICSI No.1 (SS) of 2015 dated 23rd April, 2015, published in the Gazette of India, Part III, Section 4, with regard to (i) SS-1: Secretarial Standard on Meetings of the Board of… Read More »

Demonetization impact on Audit Report for FY 2016-17

By | June 2, 2017

 Demonetization impact on Audit Report for FY 2016-17 In one of the historical reforms of the economy of India, Rs 500 and Rs 1,000 notes were banned effective from Tuesday midnight i.e on midnight of 08.11.2016. Lets study demonetization impact on Audit Report . Demonetization impact on Audit Report : Notifications of Ministry of Company Affairs… Read More »

Due date of transfer of shares to Investor Education and Protection Fund Authority.

By | May 30, 2017

Clarification by MCA regarding due date of transfer of shares to IEPF Authority. – (30-05-2017) Dear Member, Sub: MCA Clarification regarding due date of transfer of shares to Investor Education and Protection Fund Authority. We would like to inform you that Ministry of Corporate Affairs has issued a clarification pursuant to second proviso to Rule… Read More »

Certain provisions of ‘Insolvency and Bankruptcy Code’ from April 1, 2017

By | May 19, 2017

SECTION 1 OF THE INSOLVENCY AND BANKRUPTCY CODE, 2016 – ACT – ENFORCEMENT OF – NOTIFIED DATE ON WHICH PROVISIONS OF CLAUSE (a) TO (d) OF SECTION 2 OF SAID CODE SHALL COME INTO FORCE NOTIFICATION NO. SO 1570(E) [F.NO.30/7/2016-INSOLVENCY SECTION], DATED 15-5-2017 In exercise of the powers conferred by sub-section (3) of section 1… Read More »

Limited Insolvency Examination to start from 1st July, 2017 to 30th June, 2018

By | May 18, 2017

Press Information Bureau Government of India Ministry of Corporate Affairs 17-May-2017 18:41 IST Second Edition of Limited Insolvency Examination to start from 1st July, 2017 to 30th June, 2018 The Insolvency and Bankruptcy Board of India (IBBI) has specified the syllabus, format and frequency of the “Limited Insolvency Examination” under regulation 3(3) of the Insolvency… Read More »

TAXMANN’S Company Law Manual -7th Edition 2017 – Compendium of Companies Act 2013 & Company Rules & Forms,

By | May 16, 2017

TAXMANN’S Company Law Manual : A Compendium of Companies Act 2013 & Company Rules & Forms, by Taxmann  Incorporating Annotated text of Companies Act 2013 (As Amended by Insolvency and Bankruptcy Code 2016 & Finance Act 2017) & Rules framed thereunde Text of Relevant Rules given  along with text of relevant section of Companies Act 2013… Read More »

LLP Act 2008 – Limited Liability Partnership Act 2008

By | May 14, 2017

LLP Act 2008 – LIMITED LIABILITY PARTNERSHIP ACT 2008 Section wise and Chapter wise LLP act 2008 also known as  limited liability partnerships is as follow [ACT NO. 6 OF 2009] An Act to make provisions for the formation and regulation of limited liability partnerships and for matters connected therewith or incidental thereto. BE it… Read More »

Companies Act With Rules -7th Edition Book – May 2017 -Taxmann -ICSI

By | May 14, 2017

Companies Act With Rules  – 2017 by Taxmann (Author) Incorporating Annotated Text of Companies Act 2013 [As amended by Insolvency and Bankruptcy Code 2016 & Finance Act 2017] & Rules framed thereunder Rules Framed under Companies Act 2013 Circulars & Notifications issued under Companies Act 2013 as well as New SS-1 & SS-2 Annotation under each… Read More »

Companies may accept deposits without deposit insurance contract till 31.03.2018

By | May 13, 2017

Government of India Ministry of Corporate Affairs Notification New Delhi, dated, the  11th May, 2017 G.S. R. _____(E). – In exercise of the powers conferred by sections 73 and 76 read with sub-section (1) and sub-section (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules… Read More »

Digital Signature Certificate (DSC) Ready Reckoner -Book 2017 – FCA Rahul Agrawal

By | May 9, 2017

Digital Signature Certificate (DSC) Ready Reckoner Paperback – 2017 by FCA Rahul Agrawal (Author), One Solution for all your DSC/Token/Java Related Query/ Error/Confusion(Preface) We are aware of fact that in day to day activities, use of digital signature is increasing and users are facing a lot of difficulties in using digital signature. Even people think… Read More »

IBBI constitutes Technical Committee under IBBI (Information Utilities) Regulations 2017

By | May 4, 2017

The Insolvency and Bankruptcy Board of India (IBBI) constitutes Technical Committee to lay down Technical Standards for the performance of core services and other services under IBBI (Information Utilities) Regulations, 2017 The Insolvency and Bankruptcy Board of India (IBBI) has constituted a Technical Committee in accordance with Regulation 14 of the IBBI (Information Utilities) Regulations,… Read More »

Dress Code for CS appearing before Judicial/Quasi – Judicial bodies and Tribunals like NCLT – NCLAT, etc.

By | May 2, 2017

Dress Code for CS appearing before Judicial/Quasi – Judicial bodies and Tribunals like NCLT – NCLAT, etc. The Council prescribed the Professional Dress Code for Company Secretaries to appear before judicial / quasi-judicial bodies and tribunals like NCLT- NCLAT, SAT, etc. as under: Members are advised to strictly adhere to the Dress Code prescribed by… Read More »

Section 2 Companies Act 2013

By | May 2, 2017

Section 2 Companies Act 2013 5 Definitions. 2. In this Act, unless the context otherwise requires,— 6(1)7 “abridged prospectus” means a memorandum containing such salient features of a prospectus as may be specified by the Securities and Exchange Board by making regulations in this behalf; 8(2)9 “accounting standards” means the standards of accounting or any… Read More »

IBBI invites comments on Draft regulations for Fast Track Resolution process for Eligible Corporate Persons

By | April 29, 2017

IBBI invites public comments on Draft regulations for Fast Track Resolution process for Eligible Corporate Persons Insolvency and Bankruptcy Board of India (IBBI) vide Press Release dated 18th April 2017 issued ‘Draft Regulations for Fast Track Resolution Process for Eligible Corporate Persons’ ‘A draft notification under Section 55(2) of IBC, 2016 for eligible corporate debtors’… Read More »

Consolidation under Ind AS – IFRS Converged Standards-Book

By | April 24, 2017

Consolidation under Ind AS – IFRS Converged Standards Paperback – 2016 by CA Parveen Kumar (Author) Publishing consolidated financial statements was not compulsory for Indian companies till last year. The Companies Act 2013 (‘Act’) mandates preparation of consolidated Financial Statements for all the companies having subsidiaries. The Act also establishes the principle that financial statements… Read More »

Guide to Removal of Names of Companies from the Register of Companies-Book

By | April 24, 2017

Guide to Removal of Names of Companies from the Register of CompaniesPaperback – 2017 by Kamal garg (Author) Price Rs 389. Click to buy Online Paperback: 293 pages Publisher: Bharat Law House, Delhi; 2017 edition (2017) Related Books on Companies Act 2013 Topics Books     Ready Reckoned Companies Law Ready Reckoner – 2017 Edition… Read More »

Depreciation Under Schedule II of Companies Act 2013 and Income Tax Act 1961 With Illustrations – CA Kamal Garg

By | April 23, 2017

Depreciation Under Schedule II of Companies Act 2013 and Income Tax Act 1961 With Illustrations Paperback – 2017 by CA Kamal Garg (Author) Price Rs 660. Click to buy online Key Contents : Depreciation Under Schedule II of Companies Act 2013 Chapter 1       Depreciation under Companies Act, 2013 Chapter 2       AS-6 (Revised): Depreciation Accounting Chapter 3       AS-10:… Read More »

MCA Clarify Generation of Online Challan for Offline Payment Cases

By | April 21, 2017

MCA General Circular 2/2017 on Clarification reg. Generation of Online Challan for Offline Payment Cases; prescribes two step process to facilitate filing of e-form IEPF-1 in cases where Challans were not generated by companies on MCA21 portal prior to 15 Dec. 2016 In terms of Investors Education and Protection Fund (Accounting, Audit, Transfer and Refund) Rules, 2016… Read More »

iGAAP 2016 A guide to Ind AS reporting – Deloitte

By | April 18, 2017

iGAAP 2016 A guide to Ind AS reporting Hardcover – 2016 by Deloitte (Author) Price Rs 5880. Click to buy online Description In February 2015, the Ministry of Corporate Affairs notified the Companies (Indian Accounting Standards) Rules, 2015 that set out the text of 39 Indian Accounting Standards (Ind ASs) and the dates of implementation of… Read More »

MCA amends rules for striking off names of companies from Register

By | April 17, 2017

COMPANIES (REMOVAL OF NAMES OF COMPANIES FROM THE REGISTER OF COMPANIES) AMENDMENT RULES, 2017 – AMENDMENT IN RULE 7 AND INSERTION OF FORM NO.STK-5 NOTIFICATION [F.NO.1/28/2013-CL-V], DATED 12-4-2017 In exercise of the powers conferred by sub-stations (1), (2) and (4) of section 248 read with section 469 of the Companies Act, 2013 (18 of 2013),… Read More »

MCA amends M&A rules for foreign company

By | April 17, 2017

COMPANIES (COMPROMISES, ARRANGEMENTS AND AMALGAMATIONS) AMENDMENT RULES, 2017 – INSERTION OF RULE 25A AND ANNEXURE B NOTIFICATION [F.NO.1/37/2013 CL.V], DATED 13-4-2017 In exercise of the powers conferred by section 234, read with section 469 of the Companies Act, 2013, the Central Government, in consultation with the Reserve Bank of India, hereby makes the following rules… Read More »

Aadhaar Mandatory for availing MCA21 services

By | April 17, 2017

MISCELLANEOUS – MCA TO INTEGRATE AADHAAR FOR AVAILING MCA21 RELATED SERVICES PRESS RELEASE, DATED 13-4-2017 MCA is actively considering Aadhaar Integration for availing various MCA21 related services. As a preparatory step, all individual stakeholders viz. DIN holders/Directors/Key Managerial Personnel/Professionals of the Institute of Company Secretaries of India-Institute of Chartered Accountants of India-Institute of Cost Accountants… Read More »

M&A provisions for foreign company would be effective from April 13, 2017: MCA

By | April 17, 2017

SECTION 1 OF THE COMPANIES ACT, 2013 – ACT – ENFORCEMENT OF – NOTIFIED DATE ON WHICH PROVISIONS OF SECTION 234 OF SAID ACT SHALL COME INTO FORCE NOTIFICATION [F.NO.1/37/2013 CL.V], DATED 13-4-2017 In exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), the Central… Read More »

Demonetised Notes Disclosure in Audit Report with FAQs – Old Notes Disclosure – SBN Notes Disclosure

By | April 16, 2017

Demonetised Notes Disclosure in Audit Report with FAQs Implementation Guide on Auditor’s Report under Rule 11(d) of Companies (Audit and Auditors) Amendment Rules, 2017 and Amendment to Schedule III to Companies Act, 2013 issued by the Auditing and Assurance Standards Board – (15-04-2017) (Pursuant to Notification No. G. S.R. 307(E) and Notification No. G.S.R. 308(E)… Read More »

Procedures and Compliances – Practical Approach to Companies Act 2013-Book 2017- 2nd edition-Milind Kasodekar

By | April 9, 2017

Procedures and Compliances – A Practical Approach to the Companies Act, 2013 Paperback – 1 Mar 2017 by Milind Kasodekar (Author) This book attempts to provide a master key to professionals connected to the Companies Act and is responsible for compliance management in an organisation. It aims at making a professional’s life simple by providing a… Read More »

Companies Law Ready Reckoner-Book 2017 Edition- CA, CS Jainam Shah

By | April 9, 2017

Companies Law Ready Reckoner Paperback – 1 Mar 2017 by CA, CS Jainam Shah (Author) This book integrates the sections with Rules, Schedules and Notification/Circulars under the Companies Act, 2013, for complete understanding of the implications of various provisions. A noteworthy element of this book is the topic wise analysis of vital concepts of the Companies… Read More »

Financial Reporting Requirements and Auditor’s Responsibilities under Companies Act 2013 -Book- Deepa Agarwal

By | April 9, 2017

Financial Reporting Requirements and Auditor’s Responsibilities under Companies Act, 2013 Paperback – 23 Feb 2017 by Deepa Agarwal (Author) With the Companies Act, 2013 operationalised for more than 3 years, financial reporting is a significant area for the corporates, professionals and finance directors in India. The auditor’s responsibilities have become onerous and extended as compared… Read More »

Practical Guide to Depreciation Under Companies Act 2013 -Book 2017 -Sanjeev Singhal

By | April 7, 2017

A Practical Guide to Depreciation Under Companies Act, 2013: Law Practice and Procedure Paperback – 2 Jan 2017 by Sanjeev Singhal (Author) The Companies Act, 2013 has introduced one of the most important provisions for companies as well as auditors in the form a new method of calculating depreciation as per Schedule II Part C of… Read More »

COMPANIES RULES & FORMS-20th Edition 2017-Book-Bharat

By | April 6, 2017

COMPANIES RULES & FORMS Paperback – 2017 by Bharat (Author) COMPANIES RULES & FORMS Price Rs 1090. Click to buy online Paperback: 1096 pages Publisher: bharat law house; twenty edition (2017) Related Books on Companies Act 2013 Topics Books     Ready Reckoned Companies Law Ready Reckoner – 2017 Edition Book- CA, CS Jainam Shah… Read More »

Companies Act With Rules-Book -28th Edition 2017- Ravi Puliani and Mahesh Puliani

By | April 6, 2017

Companies Act With Rules Paperback – 2017 by Ravi Puliani and Mahesh Puliani (Author) Price Rs 1021 Click to buy Online Paperback: 1320 pages Publisher: Bharat Law House Pvt. Ltd.; Twenty Eighth edition (2017) Related Books on Companies Act 2013 Topics Books Ready Reckoned Companies Law Ready Reckoner – 2017 Edition Book- CA, CS Jainam… Read More »