Auditor Appointment – Eligibility Letter u/s 139(1) of the Companies Act, 2013 in case of Appointment for Existing Client

Auditor Appointment – Eligibility Letter u/s 139(1) of the Companies Act, 2013 in case of Appointment for Existing Client [Date] To The Board of Directors [Name of the Company] [Address] Dear Sirs, We thank you for your letter dated ____, regarding the

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Section 2(87) Subsidiary Company

SECTION 2 (87): SUBSIDIARY COMPANY   Unless the context requires otherwise, the term ‘subsidiary company’ or ‘subsidiary’ wherever appearing in the Companies Act, 2013 shall have the following meaning: “subsidiary company” or “subsidiary”, in relation to any other company (that is to

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What is FTE (Fast Track Exit) Scheme – A Detailed Analysis

What is Fast Track Exit (FTE) Ministry has issued Guidelines for “Fast Track Exit (FTE) Mode” to give opportunity to the defunct companies to get their names struck off from the register under Section 560 of the Companies Act, 1956 in time bound manner. The Guidelines

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FORM AOC-4, AOC-4 CFS, MGT-7 Date Extended to 31st December 2015

FORM AOC-4, AOC-4 CFS, MGT-7 Date Extended to 31st December 2015 General circular No. 15/2015 F.No. 01/3412013 CL-V Government of India Ministry of Corporate Affairs 5t’ Floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi-l Dated: 30 /11/2015 To All

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Transfer of Shares in case of Death of Shareholder, As per Companies Act, 2013

Transmission of share means transfer of title to shares by operation of law. This type of situation arises when a shareholder died, inheritance, bankruptcy, marriage and succession. On death of the shareholder, legal heirs are required to submit a request letter supported

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Extension of last date of filing of AOC-4, AOC-4 XBRL and MGT-7

MCA has released circular no. 14/2015 dated 28/10/2015 with respect to relaxation of additional fees and extension of last date of  filing of the following forms: 1. Annual Return – Form MGT-7: Original due date: 60 days from the date of AGM. Revised

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18 Major Points for Annual filings to ROC

This year MCA (Ministry of Corporate Affairs) makes lots of changes in MCA Filing. So how can you prepare yourself for MCA filing. Below we mention some very important points for annual ROC filing. 1. MGT-14 for Approval of Accounts & draft

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Acceptance Of Deposits By Companies Under Companies Act, 2013

Chapter V of the Act deals with the acceptance of deposits by companies.  For that purpose the Central Government, in consultation with Reserve Bank of India, makes the rule namely ‘The Companies (Acceptance of Deposits) Rule, 2014.  This rule came into effect from 01.04.2014 Non

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