Summary on FAQs released by ICAI on Corporate Social Responsibility, Section 135 (Companies Act 2013) provisions and rules made thereon: The Institute of Chartered Accountants of India (ICAI) has come out with its guidance note in the form of “Frequently
In our previous post, we provided a brief background on the increasing economic growth in India, the stumbling role of the Indian judicial system in it, and the existing understanding of alternative dispute resolution in the country. Given this backdrop,
Business in India is growing at a rate faster than ever before and expectations are soaring high on India becoming more and more business-friendly. However, the problem of increasing litigation pendency is looming large and becoming a major drawback in
The Ministry of Corporate Affairs (‘MCA’) has notified the mandatory adoption of Indian Accounting Standards (Ind-AS) by all companies other than Insurance Companies, Banking companies and Non-Banking Finance companies. The roadmap of this pilot project is launched by the MCA
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