MCA

E-Filing Balance Sheets in XBRL Format with MCA

E-Filing Balance Sheets in XBRL Format with MCA

XBRL (Extensible Business Reporting Language) is another advanced reporting language of the XML family. XBRL ensures that the figures reported to government authorities and other organisation does not remain dormant piece of printed papers but these figures can be used in data analysis. ICAI took initiative in 2001 for implementation of XBRL as a first step towards Digital data reporting, […]

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MCA 21 – Services Available and Benefits

MCA 21 – Services Available and Benefits

With the opening of the economy towards globalisation, our corporate world requires world-class governance system. The essence of corporate world lies in promoting compliance of the law in letter and spirit, transparency, accountability and above all, fulfilling the fair expectations of all the stakeholders. The process of economic reform and liberalisation that started in 1991 has entered a crucial phase, […]

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Director Identification Number (DIN No.)

Director Identification Number (DIN No.)

The concept of a Director Identification Number (DIN) was introduced for the first time in India with the insertion of Section 266A to 266G of Companies Amendment Act, 2006. The DIN is a unique identifier for an existing or a future Director containing personal information about him. The need for introducing the unique identifier arose from The need to create […]

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