MCA extends due date for Filing Annual Return and Financial Statements 31/12/2018

Ministry of Corporate Affairs has extended the due date for filing Annual return and financial statements of the financial year ending 31-03-2018 for the companies and business entities registered under Company Act, 2013. Now the Pvt Ltd, LLP, OPC or any incorporated business entity can file annual return and financial statements by submitting duly filled […]

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FSSAI regulations changes for product trademarks

To effectively regulate various business operations of the Food and Beverage Industry in India, the FSSAI had recently published a draft of the Food Safety and Standards (Claims and Advertisement) Regulations, 2018 (“Regulations”) pertaining to claims and advertisements by Food Business Operators. These Regulations have been formulated with the primary intention of curbing the use of vague/ open-ended/ misleading words/ phrases […]

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IBC offers attractive, conducive environment to foreign investors

India, among the world’s fastest growing emerging economies, is likely to maintain the “high growth rate” of 7-8 per cent over the next decade, Finance Minister Arun Jaitley said, emphasising that landmark reforms such as the Insolvency and Bankruptcy Code offer an attractive and conducive environment to foreign investors to the country. “Unquestionably it has […]

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ICAI says non-graduate CAs now eligible to become registered valuers

Non-graduate chartered accountants with three years of experience can now become registered valuers, with the Ministry of Corporate Affairs amending the rules in this regard. Previously a CA having three years of post-qualification experience and qualified as a graduate was allowed to become a registered valuer. Now, a chartered accountant is not required to be […]

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MCA Names IL&FS Executives as respondents in case

The MCA has filed its interim report on the IL&FS case on December 3, naming several high-profile individuals as respondents. There are as many as six high-profile executives, including Vibhav Kapoor, Chief Investment Officer of IL&FS; K Ramchand, Managing Director of IL&FS Transportation Networks; RC Bawa, Managing Director of IL&FS Financial Services; and Rengarajan, Managing Director […]

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