ARTICLES

OUR BLOGS

ANALYSIS OF SECTION 185 OF CO. ACT 2013

ANALYSIS OF SECTION 185 OF CO. ACT 2013

(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 …

ANALYSIS OF SECTION 185 OF CO. ACT 2013 Read More »

CARO 2020-NEW ERA OF REPORTING

CARO 2020-NEW ERA OF REPORTING

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 …

CARO 2020-NEW ERA OF REPORTING Read More »

Annual Return on Foreign Liabilities  and Assets

Annual Return on Foreign Liabilities and Assets

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 …

Annual Return on Foreign Liabilities and Assets Read More »