MCA has released the e-form CSR-1 for Registration of Entities which are undertaking CSR Activities effective from 01.04.2021. Section and Rule Number(s)eForm CSR-1 is required to be filed pursuant to Section 135 of the Companies Act, 2013 and Rule 4 (1) and (2) of the Companies (Corporate Social Responsibility Policy) Rules, 2014.Purpose of the eFormIn accordance with the Companies (Corporat......

Schedule III of the Companies Act 2013 contains the general instructions for preparation of Balance Sheet and Statement of Profit and Loss of a Company. Following are the changes made in the financials/ notes to accounts on account of amendments in Schedule III brought about by MCA:  Now companies have to round off the figures appearing in the financial statements, hitherto it was opt......

MCA has made amendment in Schedule III of Companies Act 2013 w.r.t. the disclosures to be made in Balance Sheet with effect from 1st day of April, 2021. Schedule III of the Companies Act 2013 contains the general instructions for preparation of Balance Sheet and Statement of Profit and Loss of a Company.  As per the amendment the companies have to round off the figures appearing in the fina......

A Company Secretary is not just an employee of the Company, he can take a corporate to the highest level with his capabilities and expertise knowledge in the Corporate Laws. He is not just the master of Company Law but also he knows the Interpretation of Law. So, he can become the master of all the Laws like Labour Laws, Taxation Laws, Banking Laws and other Laws that a Company needs to Comply wit......

The MCA has issue the Companies (Management and Administration) Rules, 2014 and have released the Companies (Management and Administration) Amendment Rules, 2021 which came into force on 05.03.2021. As per the amendment One Person Company and Small Company shall file  their Annual Return from the Financial Year 2020-21 onwards in e-Form MGT-7A and all the other Companies shall continue to fi......