Its me Mak!
Government is set to amend the Companies Act 2013 by bringing some facilitation for ease of doing business. While granting this, it has identified “Discipline” as a fundamental prerequisite. If you game to follow the law, you would be benefited. Otherwise the match is over for you. Recently government has struck down its hammer on …
Game, Set & Match – Honeymoon is over for corporates Read More »
My article published in Chartered Secretary journal of Institute of Company Secretaries of India on companies bill 2016 https:e//drive.google.com/file/d/0Bz_k2A9ibKGbaEpOQlFFYWVVRzg/view?usp= Disclaimer: This document is a copyright of Makarand Lele. The entire contents of this document have been developed on the basis of relevant statutory provisions. Though the author has made utmost efforts to …
My Article detailing provisions of Companies Amendment Bill 2016 Read More »
The Companies Amendment Bill 2016 is set to deliver new thoughts and it would be essential for professionals to be ready to face it. The major departure is happening in the concept of Holding Company. It is proposed to add the explanation in the definition to include Body Corporate as holding company. The provisions of the …
Be ready – we are amending the rules of the game – Holding on Read More »
Companies Act 2013 is passing through trimming & grooming process. 2014 witnessed release of bunch of clarifications and circulars making teething adjustments in the legislation. Second Quarter of 2015 received most of it so far. Government has notified set of exemptions to class of companies from the applicability of provisions of the Act. It has came in the …
Private Company Exemptions through Articles – Game changer Read More »
Clarification on deposit acceptance hits the web on last day of closure of crucial financial year in the life of professionals. Acceptance of Deposits was most hot topic for the year 2104-15. Mca clarified its view through this clarification. Mca state that clarifications were issued on the request of stakeholders. If you recall few months …
Is it a victory or defeate – MCA clarifications directed to whom? Read More »
https://m.youtube.com/watch?v=mubFTsyk3Qk&feature=youtu.be
Reserve Bank of India, with a view to promote the ease of reporting of transactions under foreign direct investment under the aegis of the e-Biz project of the Government of India has enabled the filing of Advance Remittance Form (ARF) to report the foreign direct investment (FDI) inflow to RBI; and FCGPR Form for reporting …
There would be applicability of multiple companies Act (1956 & 2013) at the time of preparation of financial reports and conducting audits. MCA & ICAI has issued following clarifications regarding applicability of the Act and format etc. General Circular No 8 of 2014 – Format of balance sheets & audit Report for the FY ending …
Preparation of Financial Report for the year ended on or before 31.3.2014 Read More »
Companies Act 2013 is bundled with many path breaking provisions for private limited entities. Among those most vivacious provisions are restriction on granting of loans to directors or their related parties and group companies through section 185 & 186. First time in the history restrictions were placed on fund transfers between related entities and hence …
Companies Act 2013 has posed many challenges before the professionals. One such challenge is posed by few brand new sections introduced in the law and few process added first time in the history of India Inc. Information is every where and interactive social networks have created more opportunities for professional to share and exchange information …
Be professionally bold – interprete the law rightly Read More »