FAQ's Small, Abridge - DIRECTOR’ REPORT - ONE PERSON COMPANY & SMALL COMPANY
Small, Abridge…….. DIRECTOR’ REPORT ONE PERSON COMPANY & SMALL COMPANY Short Summary: MCA has further amended the Companies (Accounts) Rules, 2014, these rules called the Companies (Accounts) Amendment Rules, 2018. As per Companies amendment Act, 2017 it was proposed that MCA shall issue abridge form of Directors Report for One Person Company and Small Company. MCA has came with new rule 8A on 31 st July, 2018 for “abridge form of Directors report disclosure” by prescribing separate bunch of disclosures for Small Company and One Person Company. FAQ’S: A. Whether these rules impact the Annual Filing of OPC and Small Company for the f.y. ended 31.03.2018? As per notification rules shall be applicable from the date of publication in official Gazette. If these rules published in official gazette before holding of Board Meeting in which Directors Report shall be approved then these rule shall impact that Directors Report. Note: In genera