Monthly Archives: April 2021

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CAIRR Update April 12, 2021

April 12, 2021 Summary of the notifications issued by MCA and IBBI on 09/04/2021   Government notifies the minimum amount of default to initiate Pre-Packaged Insolvency Resolution Process (IRP) of Corporate Debtor under IBC, 2016 Through this notification, the Central Government has notified Ten Lakh rupees as the minimum amount of default for the [...]

By | 2021-04-12T13:33:13+00:00 April 12th, 2021|ca2013.com|0 Comments

CAIRR Update April 05, 2021

April 05, 2021 Summary of the ordinance issued by the President of India on 04/04/2021   Government introduces Pre-Packaged Insolvency Resolution Process(IRP) for distressed Micro, Small and Medium Enterprises (MSMEs) under IBC, 2016 With the objective to ensure quicker, cost-effective and value maximising outcomes for all the stakeholders, in a manner which is least [...]

By | 2021-04-05T13:11:01+00:00 April 5th, 2021|ca2013.com|0 Comments

CAIRR Update April 02, 2021

April 02, 2021 Summary of the notifications issued by MCA on 01/04/2021   MCA further amends Companies (Accounts) Rules, 2014 MCA has now deferred the date from which audit trails of books of accounts maintained in any accounting software needs to be recorded from financial year commencing 1st April 2021 to 1st April 2022. [...]

By | 2021-04-02T15:27:13+00:00 April 2nd, 2021|ca2013.com|0 Comments
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