Internal Audit Applicability under Companies Act,2013
Internal audit is one of the key elements of organizational governance and provides independentassurance to the Board / Audit Committee…
Category: Companies Act Articles
Internal Financial Controls Applicability Under Companies Act
Companies Act, 2013 mandates that every company should have an effective system of internal financial controls to ensure that its…
Virtuous Corporate Governance – Universal Dharma
“Corporate Governance is the application of best management practices, compliance of law in true letter and spirit and adherence to…
MCA to Launch 56 Forms in Two Phases by 23rd January
The Ministry of Corporate Affairs (MCA) in its continuous endeavour to serve companies better, is launching Second set of Company…
![MCA revises threshold for paid up capital of “small companies” [Read Notification]](https://www.taxwallah.com/wp-content/uploads/2022/09/Ministry-of-Corporate-Affairs-MCA.jpg)
MCA revises threshold for paid up capital of “small companies” [Read Notification]
The Ministry of Corporate Affairs (MCA) has taken several measures in the recent past towards ease of doing business and…
Ministry of Corporate Affairs crackdown on Chinese shell companies in India
After the simultaneous search and seizure operations conducted by the Ministry of Corporate Affairs on September 08, 2022, on the…
NFRA plans to redraft audit norms for small firms
Set up by the Centre in October 2018, audit regulator NFRA has sought public comments on its draft proposal floated…
Government prepares to make LLP ownership transparent this month
The regulatory framework for limited liability partnerships (LLPs) is all set for a makeover this month, with the government preparing…
Statutory Audit for small companies to be abolished: NFRA Consultation Paper
India is unique among the big economies of the world in statutorily mandating compulsory audit for all companies, irrespective of…
Two months Extension given for holding of AGM for FY 2020-21
The MCA issued Office Memorandum vide CL-II-03/252/2021-O/o DGCoA-MCA dated 23.09.2021 regarding extension of time for holding of Annual General Meeting (AGM) for…
MCA may abolish Statutory Audit under Companies Act 2013 for small companies
As per news coming from reliable sources, the Ministry of Corporate Affairs (MCA) might do away with Statutory Audit as…
![MCA issues FAQs on CSR Expenses by Companies [Read FAQs]](https://www.taxwallah.com/wp-content/uploads/2021/03/CSR.jpg)
MCA issues FAQs on CSR Expenses by Companies [Read FAQs]
The broad framework of incurring of Corporate Social Responsibility (CSR) expenses has been provided in Section 135 of the Companies…