Major Changes Proposed & Impact of Corporate Laws (Amendment) Bill, 2026 A major reform initiative, the Corporate Laws (Amendment) Bill, 2026, aims to strengthen regulatory accountability, facilitate a digital-first corporate governance structure, and improve ease of doing business. The government’s ongoing transition from punitive regulation to compliance-based, technology-driven oversight is reflected in the bill. Objective …
How Statutory Compliances Increase with Turnover (India) As businesses scale, regulatory obligations don’t rise linearly; they jump in slabs. Understanding these thresholds early helps founders and finance leaders plan systems, costs, and governance before compliance becomes reactive. Turnover-based summary only. Other triggers like capital, borrowings, deposits & net worth also apply. Scaling revenue without scaling …
Difference between Statutory Audit vs Tax Audit vs GST Audit Meaning | Applicability | Authority | Objectives | Reporting Many businesses undergo multiple audits under different laws, yet confusion around their scope, purpose, and reporting often leads to mismatches, departmental notices, and avoidable litigation. Each audit serves a distinct statutory objective. Understanding these differences is …
Revised Definition of Small Company (w.e.f. 01-12-2025) The Central Government of India, through the Ministry of Corporate Affairs (MCA), has revised the definition of a small company under Section 2(85) of the Companies Act, 2013, effective December 1, 2025. The revision via the Companies (Specification of Definition Details) Amendment Rules, 2025 doubles the limits to …
Filing of Form DPT-3 (Return of Deposits) for FY 2024-25 under the Companies Act, 2013 This is a formal reminder to comply with the statutory requirement under the Rule 16 of the Companies (Acceptance of Deposits) Rules, 2014, & Read with Section 73 of the Companies Act, 2013. Purpose of Filing of Form DPT-3 (Return …
Private placement procedure in a Private Limited Company in India The private placement procedure in a private limited Company in India is governed by Section 42 of the Companies Act, 2013 and the relevant rules under the Companies (Prospectus and Allotment of Securities) Rules, 2014. Not more than 200 persons in a financial year (excluding …
Secretarial audit Under Companies Act 2013 Under Section 204 of the Companies Act, 2013, every listed company and any public business with a paid-up share capital of 50 crores or more or a revenue of 250 crores or more is required to conduct a secretarial audit. A corporate secretary is required to conduct the secretarial …
Online MCA E- Scrutiny of Corporate Filing in India The Ministry of Corporate Affairs will examine/ scrutinize ROC filings filed via the Straight Through Process Under the Central Scrutiny Centre, under the blog we will discuss about the ROC annual filing, STP E-Forms, MCA notification regarding the MCA Electronic Scrutiny Of Corporate Filing in India. …
MCA Form CSR – 2 on reporting on Corporate Social Responsibility MCA has issued a new FORM CSR-2 for reporting on Corporate Social Responsibility, which must be reported yearly with Form AOC-4 beginning in FY 2021. Because the modifications in AOC-4 have not been implemented for FY 20-21, it will be filed separately by 31-03-2022. …
RE-APPOINTMENT OF AUDITOR After completion of tenure of 5 consecutive years the auditor may be re-appointed by complying with the provisions of section 139(9) which states that subject to the provisions of sub-section (1) & the rules made thereunder, a retiring auditor may be re-appointed at an annual general meeting, if- Auditor is not disqualified …