Companies Bill 2011: Private Companies Under SEBI Jurisdiction & Audit Firm Accountable For...

Privately-held and unlisted companies will come under SEBI jurisdiction  if they collect or propose to collect money through sale of shares from 50 and...

New Rules & Forms For Change of Company Name Effective From 24th July 2011!

Rule 4A of along with section 20 and 21 of Companies Act 1956 lay down the procedure for a company seeking to change its...

TRU Circular: Identification of Service is Crucial for Point of Taxation

Tax Research Unit of CNEC has issued Circular No. 144/13/2011-ST dated: July 18, 2011 to clarify the confusion regarding point of taxation rule.Trade Associatiosn...

MCA Circular: Managerial Remuneration Approval From Govt. Not Required Now !

In yet another step to simplify the procedures under the Company’s Act, 1956 and to promote the development of the corporate sector, an amendment...

Moily Positive About New Companies Act !

Recently appointed Corporate Affairs Minister M. Veerappa Moily, while taking charge of his new portfolio stated that his main priorities included passage of a...

Company Law Amendment – Remuneration Limit increased !

Section 314 of The Companies Act, 1956 states that a Director etc., is not to hold office or place of profit except with the...

ROC to issue only digitally signed certificates & letters

Ministry of Corporate , in its effort towards full computerization has taken green initiative. It issued  GENERAL CIRCULAR NO. 39/2011, DATED 21-6-2011 by...

MCA initiates special drive to clear pendency of e-forms filed

Ministry of Corporate affairs has started a special drive to clear pendency of e-forms filed with Registrar of Companies prior to implementation of revised...

MCA issues another Circular to explain scope of Circular No. 33/2011

The Ministry of Corporate Affairs has issued another Circular (General Circular No: 38/2011 dated 20.06.2011), clarifying the scope of the Circular No. 33/2011.  According...

Seven Simple Questions on XLBR Answered !

XBRL is a language for the electronic communication of business and financial data . It is being developed by an international non-profit consortium of...
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