Professional Updates

MCA Notification G.S.R. 801(E) dated 27/10/2023 : Nomination of designated person G.S.R. 801(E). In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Management and Administration) Rules, 2014, namely:-  1. Short title and commencement.-(1) These rules may be called the Companies (Management and Administration) Second Amendment Rules, 2023 . (2) They shall come into force on the date of their publication in the Official Gazette.  2. In the Companies (Management and Administration) Rules, 2014, in rule 9, after sub-rule (3), the following sub-rules shall be inserted, namely:-  "(4) Every company shall designate a person who shall be responsible for furnishing, and extending co-operation for providing, information to the Registrar or any other authorised officer with respect to beneficial interest in shares of the company.  (5) Fo

Trust audit submission due date extended for the FY 2022-23 Charity Commissioner of Maharashtra has extended due date for submitting trust accounts online for the FY 2022-23. Extended due date vide Circular No 603 dated 27/09/2023 is 30th November 2023. Trust Audit The trustee shall get the accounts audited within six months of the date of balancing the accounts (generally 31st March) under section 33 (1) of the Maharashtra Public Trusts Act 1950. Take benefit of such extension and ensure timely compliance. Several thousand trusts and societies have been de-registered by  the charity commissioner on account of failure to submit annual audited accounts. Trust Audit is an important compliance to keep your trust active with Charity Commissioner. Here is the circular no 603 of extension of due date for online submission of trust accounts for the FY 2022-23. #TrustAudit2022-23