The Ministry of Corporate Affairs (MCA) has mandated all companies, regardless of size or complexity, to incorporate an audit trail feature in their accounting software, aiming to bolster accountability and...
Posted by | February 2, 2024
In an effort to enhance transparency, protect investor interests, and strengthen corporate governance, the Ministry of Corporate Affairs (MCA), on October 27, 2023, has introduced the Companies (Prospectus and Allotment...
Posted by | March 31, 2023
The MCA vide its notification dated 24th March, 2021 had introduced the concept of audit trails by inserting proviso to rule 3(1) of the Companies (Accounts) Rules, 2014. It mentioned...
Posted by | February 3, 2023
All the Companies in India are required to file eForms with the Registrar of Companies (RoC). Important update here is that recently the MCA has upgraded the portal from Version...
Posted by | December 16, 2022
The Ministry of Corporate Affairs (MCA) is predominantly concerned with administration of the Companies Act 2013 and the Limited Liability Partnership Act, 2008 and rules & regulations framed there-under mainly...
Posted by | September 8, 2022
Registered Office of a company is the primary location for the authorities to make any kind of correspondence. The Ministry of Corporate Affairs (MCA), on 18th August 2022, notified Companies...
Posted by | June 17, 2022
To bring about greater transparency in the financial statements, an amendment to Schedule III to the Companies Act, 2013 was introduced by the MCA. Therein, several new disclosures that are...
Posted by | June 9, 2022
Background Small companies are generally engaged in small businesses operating as private limited companies. They have lower revenue as compared to medium and large companies. Also, their operations and sales...
Posted by | March 19, 2022
In a move towards improving the compliance of Limited Liability Partnerships (LLPs) and to finely regulate designated partners, the Ministry of Corporate Affairs (MCA) vide notification dated 11th February 2022...
Posted by | March 4, 2022
The Ministry of Corporate Affairs (MCA) vide its notification dated 11th February, 2022 has notified the Companies (Accounts) Amendment Rules, 2022 with effect from 12th February 2022. Accordingly, MCA has...
