https://www.taxtmi.com/news?id=14549 Regulatory reforms under the Companies (Amendment) Bill, 2015 and related rule changes streamline corporate formalities by removing minimum paid up capital, making common seal optional, eliminating pre business commencement filings, clarifying dividend transfer to the IEPF, introducing a penal provision for deposit defaults, thresholded fraud reporting, and rationalizing criminal jurisdiction and trial benches. Administrative measures include the integrated e Form INC 29 to consolidate DIN allotment, incorporation and first director appointments, and notification of thirty nine Indian Accounting Standards (Ind AS) aligned with international reporting norms. en-us Thu, 28 May 2015 17:55:39 +0530 Thu, 28 May 2015 17:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14549 Regulatory reforms under the Companies (Amendment) Bill, 2015 and related rule changes streamline corporate formalities by removing minimum paid up capital, making common seal optional, eliminating pre business commencement filings, clarifying dividend transfer to the IEPF, introducing a penal provision for deposit defaults, thresholded fraud reporting, and rationalizing criminal jurisdiction and trial benches. Administrative measures include the integrated e Form INC 29 to consolidate DIN allotment, incorporation and first director appointments, and notification of thirty nine Indian Accounting Standards (Ind AS) aligned with international reporting norms. News - Thu, 28 May 2015 17:55:39 +0530 https://www.taxtmi.com/news?id=14549