Under the Companies Act, 2013, every individual intending to be appointed as a director in a company must first obtain a Director Identification Number (DIN). DIN is a unique 8-digit identification number allotted by the…
Annual Compliance Checklist for Your Private Limited Company in India (2025) Running a Private Limited Company in India? Great! But like any good ship, it needs regular checks to stay afloat smoothly. These annual compliances…
The Government of India has issued a mandate to private companies for the compulsory dematerialisation of their physical shares by Sept 30, 2024. In simple terms, private companies (except small) will have to convert all…
Companies (Accounts) Amendment Rules, 2021 amended Rule 3 of Companies (Accounts) Rules, 2014 by inserting the following proviso: “Provided that for the financial year commencing on or after the 1st day of April 2021, every Company which…
Update on Audit Trail: According to MCA notification dated March 24, 2021 (Companies (Accounts) Amendment Rules, 2021), every company that uses accounting software to maintain its books of account shall use only Accounting Software that…
Non-Filling of Financial Statements or Annual Returns U/s 92 and 137 can have following implications: 1. Non-compliance of Section 92 and Section 137 is liable with penalty u/s 92(5) and u/s 137(3) respectively- Both Company…
General Circular No. 02/2023 File No. Policy-02/01/2023-CL-V-MCA Government of India Ministry of Corporate Affairs 5th Floor, 'A' Wing, Shastri Bhavan, Dr R.P. Road, New Delhi Dated: 09.01.2023 To The Director General of Corporate Affairs, All…
General Circular No. 01/2023 File No. Policy-17/150/2022-CL-V-MCA भारत सरकार / Government of India कॉर्पोरेट कार्य मंत्रालय / Ministry of Corporate Affairs 5th Floor, 'A' Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi 110001 Dated:…