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    January 10, 2018   Act Rules Companies Law
    Section 160 Companies Act: No Deposit Needed for Independent Directors or Nominations by Committee for Directorship.
    January 10, 2018   Act Rules Companies Law
    Directors under Companies Act 2013 require a Director Identification Number; Central Government may prescribe additional ID numbers as per Section 153...
    January 10, 2018   Act Rules Companies Law
    Amendments to Companies Act, 2013: Simplified Resident Director Rules and New Limits on Director Pecuniary Relationships.
    January 10, 2018   Act Rules Companies Law
    Companies Act 2013 Update: Section 147 limits auditor liability to shareholders, creditors; only responsible partners face criminal charges.
    January 10, 2018   Act Rules Companies Law
    Auditors must report on company financial controls' adequacy u/s 143(3) of the Companies Act, 2013.
    January 10, 2018   Act Rules Companies Law
    Auditors Can Access Accounts of Associate and Subsidiary Companies u/s 143(1) of the Companies Act, 2013.
    January 10, 2018   Act Rules Companies Law
    Amendments to Companies Act 2013: "Relative" Redefined for Auditor Eligibility u/s 141(3), Ensuring Compliance.
    January 9, 2018   Act Rules Companies Law
    Auditor Resignation Penalty Reduced to 50k Rupees or Remuneration, per Companies Act Section 140(3.
    January 9, 2018   Act Rules Companies Law
    Annual Ratification for Auditor Appointment Removed u/s 139(1) of Companies Act, 2013, Simplifying Processes.
    January 9, 2018   Act Rules Companies Law
    Foreign Subsidiaries Can File Unaudited Financial Statements with Registrar u/s 137(1)(c) of Companies Act 2013.
    January 7, 2018   Act Rules Companies Law
    Members Can Get Audited Financials Quickly with 95% Consent, per Section 136(1) of Companies Act, 2013.
    January 7, 2018   Act Rules Companies Law
    Central Government Can Exclude Certain Sums from Net Profit Calculation for CSR u/s 135 of Companies Act 2013.
    January 7, 2018   Act Rules Companies Law
    Companies Act 2013: CSR Committee Must Have Two Directors Without Independent Director Requirement as per Section 135(1.
    January 7, 2018   Act Rules Companies Law
    Companies Must Form CSR Committee Based on Previous Year's Profit as per Companies Act Section 135(1) Amendment.
    January 7, 2018   Act Rules Companies Law
    Companies Act 2013: Section 134(3) Updates Disclosure Rules for Financial Statements, Remuneration, and CSR Policies to Boost Transparency.
    January 7, 2018   Act Rules Companies Law
    CEO Must Sign Financial Statements Per Companies Act 2013, Section 134(1), Even If Not a Director.
    January 7, 2018   Act Rules Companies Law
    Minimum Penalty for Misconduct u/s 132(4) of Companies Act 2013 Reduced from Rs. 10 Lakh to Rs. 5 Lakh.
    January 7, 2018   Act Rules Companies Law
    Court or Tribunal May Reopen Company Accounts for Up to 8 Years Under Companies Act, Section 130(3.
    January 7, 2018   Act Rules Companies Law
    Court or Tribunal Can Re-Open Company Accounts u/s 130(1) of Companies Act, 2013.
    January 7, 2018   Act Rules Companies Law
    Companies with subsidiaries must prepare Consolidated Financial Statements per Section 129(3) of the Companies Act, 2013.
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January 10, 2018   Act Rules Companies Law
Section 160 Companies Act: No Deposit Needed for Independent Directors or Nominations by Committee for Directorship.
January 10, 2018   Act Rules Companies Law
Directors under Companies Act 2013 require a Director Identification Number; Central Government may prescribe additional ID numbers as per Section 153.
January 10, 2018   Act Rules Companies Law
Amendments to Companies Act, 2013: Simplified Resident Director Rules and New Limits on Director Pecuniary Relationships.
January 10, 2018   Act Rules Companies Law
Companies Act 2013 Update: Section 147 limits auditor liability to shareholders, creditors; only responsible partners face criminal charges.
January 10, 2018   Act Rules Companies Law
Auditors must report on company financial controls' adequacy u/s 143(3) of the Companies Act, 2013.
January 10, 2018   Act Rules Companies Law
Auditors Can Access Accounts of Associate and Subsidiary Companies u/s 143(1) of the Companies Act, 2013.
January 10, 2018   Act Rules Companies Law
Amendments to Companies Act 2013: "Relative" Redefined for Auditor Eligibility u/s 141(3), Ensuring Compliance.
January 9, 2018   Act Rules Companies Law
Auditor Resignation Penalty Reduced to 50k Rupees or Remuneration, per Companies Act Section 140(3.
January 9, 2018   Act Rules Companies Law
Annual Ratification for Auditor Appointment Removed u/s 139(1) of Companies Act, 2013, Simplifying Processes.
January 9, 2018   Act Rules Companies Law
Foreign Subsidiaries Can File Unaudited Financial Statements with Registrar u/s 137(1)(c) of Companies Act 2013.
January 7, 2018   Act Rules Companies Law
Members Can Get Audited Financials Quickly with 95% Consent, per Section 136(1) of Companies Act, 2013.
January 7, 2018   Act Rules Companies Law
Central Government Can Exclude Certain Sums from Net Profit Calculation for CSR u/s 135 of Companies Act 2013.
January 7, 2018   Act Rules Companies Law
Companies Act 2013: CSR Committee Must Have Two Directors Without Independent Director Requirement as per Section 135(1.
January 7, 2018   Act Rules Companies Law
Companies Must Form CSR Committee Based on Previous Year's Profit as per Companies Act Section 135(1) Amendment.
January 7, 2018   Act Rules Companies Law
Companies Act 2013: Section 134(3) Updates Disclosure Rules for Financial Statements, Remuneration, and CSR Policies to Boost Transparency.
January 7, 2018   Act Rules Companies Law
CEO Must Sign Financial Statements Per Companies Act 2013, Section 134(1), Even If Not a Director.
January 7, 2018   Act Rules Companies Law
Minimum Penalty for Misconduct u/s 132(4) of Companies Act 2013 Reduced from Rs. 10 Lakh to Rs. 5 Lakh.
January 7, 2018   Act Rules Companies Law
Court or Tribunal May Reopen Company Accounts for Up to 8 Years Under Companies Act, Section 130(3.
January 7, 2018   Act Rules Companies Law
Court or Tribunal Can Re-Open Company Accounts u/s 130(1) of Companies Act, 2013.
January 7, 2018   Act Rules Companies Law
Companies with subsidiaries must prepare Consolidated Financial Statements per Section 129(3) of the Companies Act, 2013.

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Financial statement - a company having subsidiary (ies) shall...

Companies with subsidiaries must prepare Consolidated Financial Statements per Section 129(3) of the Companies Act, 2013.

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Companies Law January 7, 2018 Act-Rules
Financial statement - a company having subsidiary (ies) shall prepare Consolidated Financial Statements in the same form and manner as that of its own in accordance with applicable accounting standards - Section 129(3) of the Companies Act, 2013
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