Month: February 2012
A comparative Study – Schedule VI of the Companies Act, 1956
Old V/s.NewThe Ministry of Corporate Affairs (MCA) vide Notification No. S.O. 447(E) dated 28th February, 2011 have revised Schedule VI of the Companies Act, 1956 (The Act) which provides the instructions for the preparation of the Balance Sheet and Statement of the Profit & Loss of the Company. The purpose for revising the reporting format …
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Partner’s Column Feb 2012
Dear All The Union government has been seriously considering to bring about some major reforms in the Corporate Sector but has not been successful in doing so. The much awaited Companies Bill, 2011 introduced in the winter session was referred back to Standing Committee for review. The exercise to overhaul the Companies Bill to meet …