The Institute of Chartered Accountants of India (ICAI) has submitted to National Financial Reporting Authority (NFRA) an Approach Paper for revision of existing Accounting Standards of Companies that are not required to follow Indian Accounting Standards (Ind ASs). Read more
Due to urgent maintenance activity, MCA portal services are unavailable today.
www.mca.gov.in is the government’s official Ministry of Corporate Affairs (MCA) website and is also known as the MCA portal. This portal facilitates numerous services for the companies and LLPs, starting from incorporation of a company/LLP to closure of a company/LLP. Read more
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 promulgated on 4th April, 2021 provides for pre-packaged insolvency resolution process (PPIRP) for corporate debtors classified as micro, small and medium enterprises. The Insolvency and Bankruptcy Board of India notified the Insolvency and Bankruptcy Board of India (Pre-packaged Insolvency Resolution Process) Regulations, 2021 (PPIRP Regulations) today to enable operationalization of PPIRP.Read more
MCA Issued two Notifications dated April 01, 2021 to defer the implementation of mandatory use of accounting software having Audit Trail as provided under in the Companies (Accounts) Rules, 2014 till March 31, 2022.Read more