One Person Company : A boost for small entrepreneurs?

  As per statistics , around 7,500 One Person Company (OPC) have been incorporated in the last 12 months. The number of OPCs is expected to increase as our Finance Minister through the recent amendment eased the restrictions imposed on it regarding threshold limits and voluntary conversion into a...

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ICSI Auditing Standards

  ICSI Auditing Standards The ICSI Auditing Standards are going to be applicable from 1st April ,2021. Click on the title to know what should the Auditor bear in mind while undertaking the audit assignment

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MCA UPDATES REGARDING ACCOUNTS & AUDIT

  MCA Update   MCA issued an array of notifications to broaden the scope of audit and disclosure of financials for greater transparency. Click on the title to know more

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The Companies Amendment Bill

  The Companies Amendment Bill was passed on 22nd September 2020 by the Rajya Sabha. The essence of these amendments is primarily directed towards ease of conducting business, simplifying compliances, repealing the redundant provisions of the Act and levying lesser penalties for companies which do not involve larger public interest. In...

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COMPANIES AMENDMENT ACT – A NEW BEGINNING

  Click here to read ICSI WIRC E-Focus Nov – Dec 2022   Please click on below link to read our article on Companies Amendment Act – A New Beginning   Companies Amendment Act – A New Beginning   Disclaimer -This document is circulated from the academic point of view only...

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LLPs Governance Reforms

  Good Corporate Governance has been one of the cornerstones of the current government’s corporate policies and latest notification regarding the amendments to the LLP Act only puts more emphasis on it. With a view to ensure better compliance and monitoring of LLPs, the MCA has decided to make...

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General Meetings Through Video Conferencing (Vc)/Other Audio Video Means (Oavm) – New Normal

Following the onset of Covid 19 and the consequent nationwide Lockdown, which still continues in certain parts albeit with relaxations- the most crucial thought in the mind of professionals was how to hold physical meetings and manage the compliance deadlines. Sensing the practical difficulties being faced by the companies...

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Filing of E Form AOC-4

Check out our video on E form AOC 4 Filing of financial statement with Registrar of Companies for FY 2021-22.  

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Legal Hygiene Check for Startups

It is extremely important for companies to check early on and be aware of certain vital and primary documents for the company. We have listed down some to give a broad understanding. Founders Agreement- this covers the understanding between the founders in terms of their equity stake, initial investment...

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Structured Digital Database (SDD) Disclosure to stock exchanges

Reg 3(5) of SEBI (PIT) Regulations, 2015 which required Structured Digital Database (SDD) to be maintained by the company capturing all the details regarding UPSI. In this regard, companies are required to submit a quarterly compliance certificate on the letter head of the company and certified by the compliance...

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