MCA notifies Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Amendment Rules, 2018

MCA notifies Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Amendment Rules, 2018: The rules would be effective from8th March, 2018. The notification clarified that once a company has filed it's financial statements under XBRL Rules shall continue to do so, even though it may not fall under the class of companiesspecified therein in succeeding years. The notification is presented hereby for your reference:

---

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 8th March, 2018

G.S.R. 213(E) . In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015, namely:

1. Short title and commencement.(1) These rules may be called the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Amendment Rules, 2018.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015, rule 3, shall be numbered as sub-rule (1) of rule 3 and after sub-rule (1) as so numbered, the following subrules shall be inserted, namely:

(2) The companies which have filed their financial statements under sub-rule (1) shall continue to file their financial statements and other documents though they may not fall under the class of companies specified therein in succeeding years.

(3) The companies which have filed their financial statements under the erstwhile rules, namely the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2011, shall continue to file their financial statements and other documents as prescribed in sub-rule (1) though they do not fall under the class of companies specified therein..

[F. No. 1/19/2013 CL V] K.V.R. MURTY, Jt. Secy.

Note : The principal rules were published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide notification number S.O. 692 (E), dated the 9th September, 2015 and was lastly amended vide notification number G.S.R. 1480 (E), dated the 4th December, 2017.

---

Tags :Ministry Of Corporate Affairs - Notices & Circulars, mcanotifications oncompaniesact 2013,mcanotification 2017,mcanotification 13 june 2017,mcalatest notification,mcanotification dated 13th june 2017,mcanotification 13th june 2017,companiesact 2013 amendments 2017,companies(auditandauditors)amendment rules2017,companies covered under xbrl rules 2011 shall continue to file xbrl, how to file xbrl, rules of xbrl filing,MCA notifies Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Amendment Rules, 2018,mcanotification 2018

---