Welfare activities under the Corporate Social Responsibility and the Companies Act, 2013

The provisions of Corporate Social Responsibility (CSR) under Section 135 of the Companies Act, 2013 and rules made thereunder have come into force with effect from 01.04.2014. The year 2014-15 was the first year of implementation of CSR policies by companies under the legislation. The Board of the company, eligible to comply with the CSR … Read more

Due date of filing MGT-7 and AOC-4 forms are extended up to 30th December 2015

General Circular No. 15/2015 F.No. 01/34/2013 CL-V Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi-1 Dated: 30/11/2015   To All Regional Directors, All Resgistrar of Companies, All Stakeholders.  Subject: Relaxation of additional fees and extension of last date of in filing of forms MGT-7 (Annual Return) … Read more

No additional fees for AOC-4, AOC-4 XBRL and MGT-7 Forms up to 30th November 15

General Circular No.14/2015   F.01/34/2013-CL.V No. Government of India Ministry of Corporate Affairs *****   5th Floor, A Wing, Shastri Bhawan Dr. Rajendra Prasad Road, New Delhi Dated:  28th October, 2015   To All Regional Directors, All Registrar of Companies, All Stakeholders   Subject: Relaxation of additional fees and extension of last date of filing … Read more

Private limited company can accept loan from relative of director – MCA Notification

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,  SECTION 3, SUB-SECTION (i)]  Government of India  Ministry of Corporate Affairs  Notification  New Delhi, dated, the 15th September, 2015  G.S.R. (E). – In exercise of the powers conferred by sections 73 and 76 read with sub-section (1) of section 469 of the Companies Act, … Read more

Notification regarding sub-section (6) of section 129 of the Companies Act, 2013

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub­section (ii)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, dated 4th September, 2015 S.0.—-(E). – In exercise of the powers conferred by the sub-section (6) of section 129 of the Companies Act, 2013 (18 of 2013), the Central Government … Read more

Last date of filing of cost audit report is extended up to 30th September 2015

General Circular No.12/2015 No.52/22/CAB//2015 Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, New Delhi: 110001. Dated: September, 2015 To All Regional Directors,  All Registrar of Companies,  All Stakeholders. Subject: Extension of time for filing of cost audit report to the Central Government for the Financial Year 2014-2015 in form CRA-4 … Read more

Format of resignation letter of an auditor

Date: 01/08/2015 To The Board of Directors ABC PRIVATE LIMITED Jagadhri Subject: Resignation as Statutory Auditor of the Company Dear Sir We are tendering herewith our resignation as Statutory Auditor of the Company for the Financial Year 2014-15 due to our pre-occupation. So, we request you to accept our resignation with immediate effect and acknowledge … Read more

Format of consent & certificate for appointment as auditor under the Companies Act, 2013

Date: 01/08/2015 To, The Board of Directors M/S. ABC PRIVATE LIMITED JAGADHRI, YAMUNA NAGAR, 135003 Dear Sirs, Ref: Consent & Certificate for appointment as auditor under the Companies Act, 2013 We are in receipt of your communication inquiring as to our consent and eligibility for being appointed as statutory auditors of ABC PRIVATE LIMITED from … Read more