Category Archives: MCA Rule

Extended Upto 30-09-2020 Companies (Meetings of board and its powers) 2nd Amdt Rules 2020 clarification dt 24-06-2020

 PROVISION BEFORE AMENDMENT:

4 Matters not to be dealt with in a Meeting through Video Conferencing or Other Audio-Visual Means

1(1) [The] following matters shall not be dealt with in any meeting held through video conferencing or other audiovisual means.-

(i) The approval of the annual financial statements;

(ii) The approval of the Board’s report;

(iii) The approval of the prospectus;

(iv) The Audit Committee Meetings for 2[consideration of financial statement including consolidated financial statement if any, to be approved by the Board under sub-section (1) of section 134 of the Act]; and

(v) The approval of the matter relating to amalgamation, merger, demerger, acquisition and takeover.

PROVISION after 1st AMENDMENT:

4 Matters to be Dealt With in a Meeting Through Video Conferencing or Other Audio-Visual Means Upto 30 June 2020.

1(1) [The] following matters shall not be dealt with in any meeting held through video conferencing or other audiovisual means.-

(i) The approval of the annual financial statements;

(ii) The approval of the Board’s report;

(iii) The approval of the prospectus;

(iv) The Audit Committee Meetings for 2[consideration of financial statement including consolidated financial statement if any, to be approved by the Board under sub-section (1) of section 134 of the Act]; and

(v) The approval of the matter relating to amalgamation, merger, demerger, acquisition and takeover.

PROVISION after 2nd AMENDMENT (24/06/2020):

4 Matters to be Dealt With in a Meeting Through Video Conferencing or Other Audio-Visual Means Upto 30 September 2020.

1(1) [The] following matters shall not be dealt with in any meeting held through video conferencing or other audiovisual means.-

(i) The approval of the annual financial statements;

(ii) The approval of the Board’s report;

(iii) The approval of the prospectus;

(iv) The Audit Committee Meetings for 2[consideration of financial statement including consolidated financial statement if any, to be approved by the Board under sub-section (1) of section 134 of the Act]; and

(v) the approval of the matter relating to amalgamation, merger, demerger, acquisition and takeover.

Companies Fresh Start Scheme 2020 CFSS-2020 कंपनियां फ्रेश स्टार्ट स्कीम 2020 CFSS-2020 કંપનીઓ તાજી શરૂઆત યોજના 2020 સીએફએસએસ -2020

Companies Fresh Start Scheme 2020 CFSS-2020

Question Answers
Entity Company / LLP
Scheme Name CFSS, 2020
Which Forms /  Return defaulting Company who failed to file required documents / Forms / Return including annual filing AOC4 / MGT7 / ADT1
One Time Opportunity One-time waiver of additional filing fees for delayed filings only normal fees need to be paid
Period  Start 01/04/2020
Period  End 30/09/2020
FORMS OR DOCUMENTS All other documents and company except  (CHG-1, CHG4, SH7) all described below
Non-applicability 1. strike off companies,  2. company name already in STK-5        3. Amalgamated Companies 4.  Dormant Companies 5.  Vanishing Companies 6.  Form SH-7  7. Charge Related Forms 8. Companies under Liquidation  9. Companies under CIRP, 10 LLP WHICH APPLIED FOR CLOSURE BY LLP24
An additional benefit for an inactive company opportunity to inactive company 1. to change the status to the dormant company by filing simple form “MSC-1” or 2. may file STK-2 directly for stike off
Dormant Company he scheme gives an opportunity to inactive companies to get their companies declared as ‘dormant company under Section 455 of the Act by filing a simple application at a normal fee.
filing requirement On any company which need to file documents till 31-08-2020 can file such documents
any appeal against prosecution Pending Need to withdraw that before availing this scheme
Immunity certificate Once delayed form filed need to file CFSS 2020 for taking certificate
Last date for Immunity certificate Eform “CFSS-2020” without any fees after filing forms but not later than 6 months from the closure of scheme 31.03.2021
Prosecution Immunity from prosecution on companies for filing documents between this period
Link http://www.mca.gov.in/Ministry/pdf/Circular12_30032020.pdf
Sec / Rule 403 and 460 and rule Companies(registration offices and fees), Rules, 2014

CFSS-2020 FAQ

The Scheme shall be applicable only on “defaulting companies”.

Yes, As per Defaulting Company means any Company which has made a default in filing of:-
(a) Any document
(b) Any statement
(c) Any Return including Annual Statutory Document on the MCA 21 registry.

Under this scheme all the documents can be filed without additional filing fees for delayed filings, only normal fees need to be paid.

No, this scheme need to avail between April 1, 2020 till September 30, 2020. All the pending filings should be done within the currency of the Scheme.

This scheme covers All the form whose list is available on MCA as this link: http://www.mca.gov.in/Ministry/pdf/CFSS2020_02042020.pdf

Yes, This scheme is applicable to all those companies whose annual filing is pending irrespective of any year.

This scheme will be availed by strike off company only after getting company active through NCLT.

"This scheme does not include the following:-
1. strike off companies
2. company name already in STK-5
3. Amalgamated Companies
4. Dormant Companies
5. Vanishing Companies
6. Form SH-7
7. Charge Related Forms
8. Companies under Liquidation
9. Companies under CIRP."

The defaulting inactive companies while filing Form CFSS-2020 can simultaneously apply for the following actions:
1. - Application for dormant status by filing Form MSC-1 at a nominal fee; 2. - Application for striking-off the name of the company by filing Form STK-2 and paying the applicable fee

Immunity from launching of prosecution or proceedings for imposing penalty shall be granted only for those forms that will be filed during the CFSS duration i.e. from April 1, 2020 till September 30, 2020

After granting the immunity, the Designated Authority, (Registrar of Companies having jurisdiction over the registered office of the Company) shall withdraw the prosecution(s)
pending, if any, before the concerned courts(s) and the proceedings of adjudication of
penalties shall be deemed to be completed without any further action.

Yes, this scheme allows to file DIR-3 KYC/Dir-3 KYC WEB without additional fees.

In such case need to follow this process:-1. Need to appoint new directors from back end office of ROC 2. Can file form after appointment of new director in company.

Yes, scheme can be availed for this form also but need to do condoned this form.

Yes, all the forms need to filed by the company who has availed such scheme within 6 months of closure of scheme.

कंपनियां फ्रेश स्टार्ट स्कीम 2020 CFSS-2020

सवाल जवाब
सत्ता कंपनी / एलएलपी
सेशमे नाम सीएफएसएस, 2020
कौन से फॉर्म / रिटर्न डिफ़ॉल्ट कंपनी, जो आवश्यक दस्तावेज / फॉर्म / रिटर्न दाखिल करने में विफल रही, जिसमें वार्षिक फाइलिंग AOC4 / MGT7 / ADT1 शामिल है
वन टाइम अपॉर्चुनिटी विलंबित फाइलिंग के लिए अतिरिक्त दाखिल शुल्क की एक बार की छूट केवल सामान्य शुल्क का भुगतान करने की आवश्यकता है
अवधि प्रारंभ 01/04/2020
अवधि समाप्त 30/09/2020
फार्म या दस्तावेज़ अन्य सभी दस्तावेज और कंपनी (सीएचजी -1, सीएचजी 4, एसएच 7) को छोड़कर सभी नीचे उतरे
गैर applicability 1. कंपनियों को हड़कंप मचाना, 2. कंपनी का नाम पहले से ही STK-5 3. अमलागेटेड कंपनियां 4. निष्क्रिय कंपनियां 5. लुप्त कंपनियाँ 6. फॉर्म SH-7 7. शुल्क संबंधित प्रपत्र 8. परिसमापन के तहत कंपनी 9. CIRP, 10 के तहत कंपनियां LLP24 द्वारा CLOSURE के लिए एलएलपी WHPL लागू किया गया
निष्क्रिय कंपनी के लिए अतिरिक्त लाभ निष्क्रिय कंपनी के लिए अवसर 1. सरल फॉर्म “MSC-1” दाखिल करके निष्क्रिय कंपनी में स्थिति बदलने के लिए और सीधे STK-2 को स्टाइक के लिए दायर कर सकते हैं
निष्क्रिय कंपनी वह योजना में निष्क्रिय कंपनियों को एक सामान्य शुल्क पर एक साधारण आवेदन दाखिल करके अधिनियम की धारा 455 के तहत अपनी कंपनियों को ‘निष्क्रिय कंपनी’ घोषित करने का अवसर देता है।
दाखिल करने की आवश्यकता किसी भी कंपनी पर जिसे 31-08-2020 तक डिमॉनेट फाइल करने की जरूरत है, ऐसे दस्तावेज दाखिल कर सकते हैं
अभियोजन लंबित के खिलाफ कोई अपील इस योजना का लाभ उठाने से पहले इसे वापस लेने की आवश्यकता है
प्रतिरक्षा प्रमाणपत्र एक बार विलंबित फॉर्म को प्रमाणित करने के लिए सीएफएसएस 2020 दाखिल करने की आवश्यकता होती है
बिना किसी शुल्क के इम्युनिटी सर्टिफिकेट “CFSS-2020” के लिए अंतिम तिथि फॉर्म भरने के बाद लेकिन योजना 31.03.2021 को बंद करने के बाद 6 महीने से अधिक नहीं
अभियोग इस अवधि के बीच दस्तावेज दाखिल करने के लिए कंपनियों पर मुकदमा चलाने से प्रतिरक्षा
संपर्क http://www.mca.gov.in/Ministry/pdf/Circular12_30032020.pdf
सेक / नियम 403 और 460 और नियम कंपनी (पंजीकरण कार्यालय और शुल्क), नियम, 2014
કંપનીઓ તાજી શરૂઆત યોજના 2020 સીએફએસએસ -2020
પ્રશ્ન જવાબો
એન્ટિટી કંપની / એલએલપી
Scheme નામ સીએફએસએસ, 2020
કયા ફોર્મ / રીટર્ન ડિફોલ્ફિંગ કંપની જે વાર્ષિક ફાઇલિંગ એઓસી 4 / એમજીટી 7 / એડીટી 1 સહિત જરૂરી દસ્તાવેજો / ફોર્મ્સ / રીટર્ન ફાઇલ કરવામાં નિષ્ફળ ગઈ
એક સમયનો અવસર વિલંબિત ફાઇલિંગ્સ માટે વધારાની ફાઇલિંગ ફીમાંથી એક સમય માફી, ફક્ત સામાન્ય ફી ચૂકવવાની જરૂર છે
પીરિયડ પ્રારંભ 04/01/2020
પીરિયડ એન્ડ 9/30/2020
ફોર્મ્સ અથવા દસ્તાવેજો (સીએચજી -1, સીએચજી 4, એસએચ 7) સિવાયના અન્ય તમામ દસ્તાવેજો અને કંપની નીચે વર્ણવેલ છે
નોન-એપ્લીકેબલિટી એસટીકે-5 માં પહેલેથી જ કંપનીઓનું કામકાજ, 2. કંપનીનું નામ A. સંમિશ્રિત કંપનીઓ D. નિષ્ક્રિય કંપનીઓ V. ગાયબ કંપનીઓ Form. ફોર્મ એસ.એચ. 7.. ચાર્જ સંબંધિત ફોર્મ્સ L. લિક્વિડેશન હેઠળની કંપનીઓ C. સીઆઈઆરપી હેઠળની કંપનીઓ, ૧૦ એલએલપી જે એલએલપી 24 દ્વારા ક્લોઝર માટે એપ્લાય કર્યું
નિષ્ક્રિય કંપની માટે વધારાના લાભ નિષ્ક્રિય કંપનીને તક. 1. સરળ ફોર્મ “એમ.એસ.સી.-1” અથવા 2 ફાઇલ કરીને નિષ્ક્રિય કંપનીમાં સ્થિતિ બદલવાની.
નિષ્ક્રિય કંપની તે યોજના નિષ્ક્રિય કંપનીઓને તેમની કંપનીઓની કલમ 455 હેઠળ નિષ્ક્રિય કંપની તરીકે જાહેર કરવાની સામાન્ય ફી પર સરળ અરજી દાખલ કરીને તક આપે છે.
ફાઇલિંગ આવશ્યકતા કોઈપણ કંપની કે જેને 31-08-22020 સુધી ડોક્યુમટન્સ ફાઇલ કરવાની જરૂર છે તે આવા દસ્તાવેજો ફાઇલ કરી શકે છે
કાર્યવાહી સામે કોઈ અપીલ બાકી છે આ યોજનાનો લાભ લેતા પહેલા તે પાછો ખેંચવાની જરૂર છે
પ્રતિરક્ષા પ્રમાણપત્ર એકવાર વિલંબિત ફોર્મ ભર્યા પછી પ્રમાણપત્ર લેવા માટે સીએફએસએસ 2020 ફાઇલ કરવાની જરૂર છે
કોઈપણ ફી વિના ઇમ્યુનિટી સર્ટિફિકેટ ઇફોર્મ “સીએફએસએસ -2020” માટેની છેલ્લી તારીખ forms૧.૦ scheme.૨૦૧૨ ના બંધ થયા પછી ફોર્મ ભર્યા પછી month મહિના પછી નહીં
ફરિયાદી આ સમયગાળા દરમિયાન દસ્તાવેજો ફાઇલ કરવા માટે કંપનીઓ પર કાર્યવાહીની પ્રતિરક્ષા
કડી http://www.mca.gov.in/Ministry/pdf/Circular12_30032020.pdf
સેકંડ / નિયમ 403 અને 460 અને નિયમ કંપનીઓ (નોંધણી કચેરીઓ અને ફી), નિયમો, 2014

MCA One in Life Time Opportunity for Director / Shareholder/ Other Stakeholder of Company / LLP

एमसीए वन इन लाइफ टाइम अवसर के लिए निदेशक / शेयरधारक / कंपनी / एलएलपी के अन्य स्टेक धारक

ડિરેક્ટર / શેરહોલ્ડર / કંપની / એલએલપીના અન્ય હિસ્સો ધારક માટે એમસીએ વન ઇન લાઇફ ટાઇમ તકો NO Additional Fees / Penalty / Prosecution of Filing any form /

NO Additional Fees / Penalty / Prosecution of Filing any form / Return Including DIR-3KYC Which have 5K Penalty ACTIVE -22 Which Have 10K Penalty

अतिरिक्त शुल्क / पेनल्टी / किसी भी फॉर्म को दाखिल करने का अभियोजन / रिटर्न जिसमें DIR-3KYC शामिल है, जिसमें 5K पेनाल्टी ACTIVE -22 है, जिसमें 10K पेनाल्टी है

કોઈ વધારાની ફી / દંડ / ડી.આઇ.આર.-3 કેવાયસી સહિત કોઈપણ ફોર્મ / રિટર્ન ભરવાની કાર્યવાહી જેની પાસે 5 કે દંડની પ્રવૃત્તિ -22 જેમાં 10 કે દંડ છે

EXAMPLE

TYPE Existing Additional Fees CFSS-2020 Scheme *Approx Saving Per Year Per Company Action to be Taken
COAF AOC4  / MGT Rs 100 Per Day NIL 73000 Contact Us Now
LLPAF LLP11 /LLP Rs 100 Per Day NIL 73000 Contact Us Now
DIR-3-KYC Rs 5000 Nil 10000 Contact Us Now
Active-22 Rs 10000 Nil 10000 Contact Us Now

Avail CFSS-2020 Now

List of Form for Which Additional Fees is waived

No Form No. Description
1 23C Appointment of Cost Auditors
2 MR-2 Form of Application to the Central Government for approval of appointment or reappointment and remuneration or increase in remuneration or waiver for excess or over payment to managing director or whole time director or manager and commission or remuneration to directors
3 ADT-2 Application for removal of auditor(s) from his/their office before expiry of term
4 NDH-2 Application for extension of time
5 DIR-3C Intimation of Director Identification Number by the company to the registrar
6 INC-12 Application for grant of License under section 8
7 MSC-1 Application to ROC for obtaining the status of dormant company
8 DIR-12 Particulars of appointment of directors and the key managerial personnel and the changes among them
9 INC-4 Intimation for Change in Member/Nominee
10 INC-6 One Person Company –  Application for Conversion
11 INC-22 Notice of Situation or Change of situation of Registered Office of the Company
12 INC-27 Conversion of public company into private company company  or  private company into public
13 20B Annual Return
14 21A Annual Return for company having no share capital
15 23B Notice by Auditor
16 23D Information by cost auditor to Central Government
17 23AC Filing balance sheet and other documents with the Registrar
18 23AC-XBRL Form for filing XBRL document in respect of balance sheet and other documents with the Registrar.
19 Form 66 Form for submission of Compliance Certificate
20 AOC-4 Form for filing financial statement and other documents with the Registrar
21 AOC-4
CFS Form for filing consolidated financial statements and other documents with the Registrar
22 AOC-4(XBRL) Form for filing XBRL document in respect of financial statement and other documents with the Registrar
23 ADT-1 Information to the Registrar by company for appointment of auditor
24 ADT-3 Notice of Resignation by the Auditor
25 BEN-2 Return to the Registrar in respect of declaration under section 90
26 CRA-2 Form of Intimation of appointment of cost auditor by the company to Central Government
27 CRA-4 Form for filing Cost Audit Report with the Central Government
28 DPT-3 Return of deposits
29 DPT-4 Statement regarding deposits existing on the commencement of the Act
30 GNL-2 Form for submission of documents with the Registrar
31 INC-5 One Person Company-Intimation of exceeding threshold
32 IEPF-1 Statement of amounts credited to the Investor Education and Protection Fund
33 IEPF-2 Statement of unclaimed or unpaid amounts
34 IEPF-3 Statement of shares and unclaimed or unpaid dividend not transferred to the Investor Education and Protection Fund
35 IEPF-4 Statement of shares transferred to the Investor Education and Protection Fund
 36  IEPF-6  Statement of unclaimed or unpaid amounts to be transferred to the Investor Education and Protection Fund
 37  IEPF-7  Statement of amounts credited to IEPF on account of shares transferred to the fund
 38  IEPF-5 e-  verificati on report  Application to the authority for claiming unpaid amounts and shares out of Investor Education and Protection Fund (IEPF) – E-verification report
 39  I-XBRL  Form for filing XBRL document in respect of cost audit report and other documents with the Central Government
 40  MGT-7  Annual Return
 41  MR-1  Return of appointment of key managerial personnel
 42  MSC-3  Return of dormant companies
 43  NDH-1  Return of Statutory Compliances
 44  NDH-3  Return of Nidhi Company for the half year ended
 45  NDH-4  Application for declaration as Nidhi Company and for updation of status by Nidhis
 46  PAS-3  Return of allotment
 47  SH-11  Return in respect of buy-back of securities
 48  A-XBRL  Form for filing XBRL document in respect of compliance report and other documents with the Central Government
 49  DIR-3
 KYC/Web form  Application for KYC of Directors
 50  FC-1  Information to be filled by Foreign company
 51  FC-2  Return of alteration in the documents filed for registration by foreign company
 52  FC-3  Annual accounts along with the list of all principal places of business in India established by foreign company
 53  FC-4  Annual Return of a Foreign Company
 54  INC-22A  Active Company Tagging Identities and Verification (ACTIVE)
 55  INC-20A  Declaration for commencement of business
 56  AOC-5  Notice of address at which books of account are maintained
 57  DIR-11  Notice of resignation of a director to the Registrar
 58  GNL-3  Particulars of person(s) or key managerial personnel charged or specified for the purpose of sub-clause (iii) or (iv) of clause 60 of section 2
 59  INC-20  Intimation to Registrar of revocation/surrender of license issued under section 8
 60  INC-28  Notice of order of the Court or Tribunal or any other competent authority
 61  MGT-6  Return to the Registrar in respect of declaration under section 89 received by the company
 62  MGT-10  Changes in shareholding position of promoters and top ten shareholders
 63  MGT-14  Filing of Resolutions and agreements to the Registrar under section 117
 64  MGT-15  Form for filing Report on Annual General Meeting
 65  Form 27 LLP  Form for registration of particulars by Foreign Limited Liability Partnership (FLLP
 66  FORM 3  Information with regard to limited liability partnership agreement and changes, if any, made therein
 67  FORM 8  Statement of Account & Solvency
 68  FORM 15  Notice for change of place of registered office
 69  FORM 11  Annual Return of Limited Liability Partnership (LLP)
 70  FORM 4  Notice of appointment, cessation, change in name/ address/designation of a designated partner or partner and consent to become a partner/designated partner
 71  FORM 5  Notice for change of name
 72  FORM 12  Form for intimating other address for service of documents
 73  FORM 22  Notice of intimation of Order of Court/ Tribunal/CLB/ Central Government to the Registrar
 74  FORM 31  Application for compounding of an offence under the Act
 75  FORM 23  Application for direction to Limited Liability Partnership (LLP) to change its name to the Registrar
 76  Form 29 LLP  Notice of (A) alteration in the certificate of incorporation or registration; (B) alteration in names and addresses of any of the persons authorised to accept service on behalf of a foreign limited liability partnership (FLLP) (C) alteration in the principal place of business in India of FLLP (D) cessation to have a place of business in India

 

Ministry of Corporate Affairs special measures Companies and LLPs COVID-19 threat 24-03-2020

 

 

 

 

The Ministry of Corporate Affairs has decided to take the following special measures for the Companies and LLPs in order to address COVID-19 threat:

No additional fees shall be charged for late filing during a moratorium period from 01sr April to 30th September 2020, in respect of any document, return, statement etc., required to be filed in the MCA-21 Registry, irrespective of its due date, which will not only reduce the compliance burden, including financial burden of companies/ LLPs at large but also enable long-standing noncompliant companies/ LLPs to make a ‘fresh start’.

The mandatory requirement of holding meetings of the Board of the companies within the prescribed interval provided in the Companies Act (120 days), 2013, shall be extended by a period of 60 days till next two quarters i.e., till 30th September.

Applicability of Companies (Auditor’s Report) Order, 2020 shall be made applicable from the financial year 2020-2021 instead of from 2019-2020 notified earlier. This will significantly ease the burden on companies & their auditors for the year 2019-20.

As per Schedule 4 to the Companies Act, 2013, Independent Directors are required to hold at least one meeting without the attendance of non-independent directors and members of management. For the year 2019-20, if the IDs of a company have not been able to hold even one meeting, the same shall not be viewed as a violation.

The requirement to create a Deposit reserve of 20% of deposits maturing during the financial year 2020-21 before 30th April 2020 shall be allowed to be complied with till 30th June 2020.

The requirement to invest 15% of debentures maturing during a particular year in specified instruments before 30th April 2020, may be done so before 30th June 2020.

Newly incorporated companies are required to file a declaration for Commencement of Business within 6 months of incorporation. An additional time of 6 more months shall be allowed.

Non-compliance of minimum residency in India for a period of at least 182 days by at least one director of every company, under Section 149 of the Companies Act, shall not be treated as a violation.

 

small company big company cash flow companies act 2013

BIG Company = Cash Flow cash flow

Small Co Sec 2 (85) as per Co act 2013 ‘‘small company’’ means a company, other than a public company,—
(i) paid-up share capital of which does not exceed fifty lakh rupees or such
higher amount as may be prescribed which shall not be more than five crore
rupees; or
(ii) turnover of which as per its last profit and loss account does not
exceed two crore rupees or such higher amount as may be prescribed which shall
not be more than twenty crore rupees:
Provided that nothing in this clause shall apply to—
(A) a holding company or a subsidiary company;
(B) a company registered under section 8; or
(C) a company or body corporate governed by any special Act;

Small Company

Big Company

Private Co Public CO
Paid Up Capital Up To or Less Than 50 Lacs Paid Up Capital More than 50 Lacs
Turnover upto 2 Cr and Less Than 2 Cr Turnover More Than 2 Cr
Both Paid and Turnover Condition Must be Satisfied Any Condition Paid and Turnover be Satisfied

Cash Flow

Definition 2(40)

 “financial statement” in relation to a company, includes— (i) a balance sheet as at the end of the financial year; (ii) a profit and loss account, or in the case of a company carrying on any activity not for profit, an income and expenditure account for the financial year; (iii) cash flow statement for the financial year; (iv) a statement of changes in equity, if applicable; and (v) any explanatory note annexed to, or forming part of, any document referred to in sub-clause (i) to sub-clause (iv) Provided that the financial statement, with respect to One Person Company, small company and dormant company, may not include the cash flow statement; It means all the companies whether private or public needs to include cash flow statement in its financial statement except the One Person Company, small company and dormant company. Now we have to check the definition of One Person Company, small company and dormant company
Not applicable to Applicable to
Small Co Public
OPC Listed
Dormant XBRL
BIG
Format Since the Companies Act, 2013 does not lay down any format for preparation of cash flow statement, companies will need to follow AS 3 in this regard. In respect of listed companies, the listing agreement requires the indirect method for preparing cash flow statements. Thus, under the Companies Act, 2013, non-listed companies will have a choice of either applying the direct or indirect method under AS 3 to prepare the cash flow statement. Due to the listing agreement requirement, that choice will not be available to listed companies

Companies (Indian Accounting Standards) Rules, 2015 MCA 16-02-2015 39

Companies (Indian Accounting Standards) Rules, 2015

The Ministry of Corporate Affairs has issued a Notification dated 16th February, 2015 MCA 21 Accounting Standardand has notified the road map for the applicability of the Indian Accounting Standards (Ind AS) for compliance by the class of companies specified in the said roadmap.

Date 16-02-2015
No of Accounting Standard 39
Rule The Companies (Indian Accounting Standards) Rules, 2015

Thirty Nine (39) Indian Accounting Standards shall continue to comply with Accounting Standards as prescribed in the Companies (Accounting standards) Rules, 2006.

 

Companies (Indian Accounting Standard) Rules, 2015

Notifications Description
G.S.R dated 16 Feb 2015 The Companies (Indian Accounting Standards) Rules, 2015.
Indian Accounting Standard (Ind AS) 101 First-time Adoption of Indian Accounting Standards
Indian Accounting Standard (Ind AS) 102 Share-based Payment
Indian Accounting Standard (Ind AS) 103 Business Combinations
Indian Accounting Standard (Ind AS) 104 Insurance Contracts
Indian Accounting Standard (Ind AS) 105 Non-current Assets Held for Sale and Discontinued Operations
Indian Accounting Standard (Ind AS) 106 Exploration for and Evaluation of Mineral Resources
Indian Accounting Standard (Ind AS) 107 Financial Instruments: Disclosures
Indian Accounting Standard (Ind AS) 108 Operating Segments
Indian Accounting Standard (Ind AS) 109 Financial Instruments
Indian Accounting Standard (Ind AS) 110 Consolidated Financial Statements
Indian Accounting Standard (Ind AS) 111 Joint Arrangements
Indian Accounting Standard (Ind AS) 112 Disclosure of Interests in Other Entities
Indian Accounting Standard (Ind AS) 113 Fair Value Measurement
Indian Accounting Standard (Ind AS) 114 Regulatory Deferral Accounts
Indian Accounting Standard (Ind AS) 115 Revenue from Contracts with Customers
Indian Accounting Standard (Ind AS) 1 Presentation of Financial Statements
Indian Accounting Standard (Ind AS) 2 Inventories
Indian Accounting Standard (Ind AS) 7 Statement of Cash Flows
Indian Accounting Standard (Ind AS) 8 Accounting Policies, Changes in Accounting Estimates and Errors
Indian Accounting Standard (Ind AS) 10 Events after the Reporting Period
Indian Accounting Standard (Ind AS) 12 Income Taxes
Indian Accounting Standard (Ind AS) 16 Property, Plant and Equipment
Indian Accounting Standard (Ind AS) 17 Leases
Indian Accounting Standard (Ind AS) 19 Employee Benefits
Indian Accounting Standard (Ind AS) 20 Accounting for Government Grants and Disclosure of Government Assistance
Indian Accounting Standard (Ind AS) 21 The Effects of Changes in Foreign Exchange Rates
Indian Accounting Standard (Ind AS) 23 Borrowing Costs
Indian Accounting Standard (Ind AS) 24 Related Party Disclosures
Indian Accounting Standard (Ind AS) 27 Separate Financial Statements
Indian Accounting Standard (Ind AS) 28 Investments in Associates and Joint Ventures
Indian Accounting Standard (Ind AS) 29 Financial Reporting in Hyperinflationary Economies
Indian Accounting Standard (Ind AS) 32 Financial Instruments: Presentation
Indian Accounting Standard (Ind AS) 33 Earnings per Share
Indian Accounting Standard (Ind AS) 34 Interim Financial Reporting
Indian Accounting Standard (Ind AS) 36 Impairment of Assets
Indian Accounting Standard (Ind AS) 37 Provisions, Contingent Liabilities and Contingent Assets
Indian Accounting Standard (Ind AS) 38 Intangible Assets
Indian Accounting Standard (Ind AS) 40 Investment Property
Indian Accounting Standard (Ind AS) 41 Agriculture