Amended Provisions of Private Placement under Section 42 of Companies Act, 2013 after enforceability of Section 10 of the Companies Amendment Act, 2017 Ministry of Corporate affairs has introduced Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018 and also notified Section 10 of the Companies Amendment Act, 2017 which talks about Section 42 […]
E-Form DIR-3 KYC is required to be filed pursuant to Rule 12A and Rule 11(2) and (3) of The Companies (Appointment and Qualification of Directors) Rules, 2014. Rule 12A of Companies (Appointment and Qualification of Directors) Rules, 2014 as introduced vide Companies (Appointment and Qualification of Directors) fourth Amendment Rules, 2018 : “Every individual who has […]
Recently Ministry of Corporate Affairs has cancelled the registration of around 2.10 lakh defaulting companies and subsequent direction of the Ministry of Finance to banks to restrict operations of bank accounts of such companies by the Directors of such companies or their authorized representatives.
