(FLA Return) under FEMA 1999 CS Yash Pareek has tried to compile some key points and extracts of the provisions of Foreign Exchange Management Act (FEMA), The Foreign Exchange Management (Transfer or Issue of Security by a PersonResident Outside India) Regulations, 2017 & FAQ/instructions issued by the Reserve Bank of Indiarelating to Annual Return on …
Companies Auditors’ Report Order (CARO) 2020 1. Relevance of CARO 2020 and Intent of MCA: CARO 2020 prescribes the format of reporting by the company auditors after undergoingstatutory audit under the Companies Act, 2013 with motive to enhance quality of report withdisclosures on functioning and compliances done by the company to include a statement in …
LOANS BY COMPANY TO DIRECTOR(S) 1. Applicable Statutory Provisions of the Law: Following Statutory Sections of the Companies Act (including Amendments therein) have beencovered as follows: Section 185 of the Companies Act, 2013 (Notified on September 12°, 2013) and Companies (Amendment) Act, 2017 (Effective from May 07*”, 2018). 2. Loan Loan is not defined under …
