"CS Divesh Goyal is Fellow Member of the Institute of Companies Secretaries and Practicing Company Secretary in Delhi and Steering Voice in the Corporate World. He is a competent professional having enrich post qualification experience of a decade with expertise in Corporate Law, FEMA, IBC, SEBI, RBI. He is having office in Delhi, Gurgaon and Mumbai. He is having expertise in the filed of Adjudication of Penalties, Opinion Writing, Mergers & amalgamation, NBFC Registrations, FCRA Registrations, NCLT hearings, Corporate Restructuring, FEMA, Foreign Companies/ Branch Office Incorporation and other Corporate Law Compliances. Being a researcher at heart, he has done meticulous research and has penned various articles on the Companies Act, 2013 to keep at pace with the latest changes and critically dissect the implications of various provisions of the new Act and co-authored the Company Law Premiere Book published by the Institute of Company Secretaries of India. He has also added a lot to the issuance of various Guidance Notes by ICSI. He was a member of the Various Committees of ICSI."
The MCA introduced a streamlined process for updating registered email IDs of companies and LLPs. The update ensures seamless receipt of regulatory notices and improves data accuracy across the MCA21 portal.
The clarification confirms that Small Companies remain exempt from Rule 9A even after obtaining an ISIN. Compliance obligations arise only when the law mandates, not due to voluntary actions.
The issue involves failure in DIR-3 KYC filing due to DSC mismatch. MCA clarified that proper DSC registration with DIN is mandatory to complete compliance successfully.
The case clarifies that MSME-1 filing is triggered when payments to MSME suppliers exceed the 45-day limit. It emphasizes that even a single delay requires disclosure of outstanding dues and reasons.
The advisory clarifies that Section 8 companies are prohibited from direct strike-off using Form STK-2. It highlights that closure must follow prescribed legal routes to safeguard charitable assets and public interest.
The guide explains practical steps to identify MSME-registered vendors despite no official lookup system. It highlights documentation-based verification as the most reliable approach.
Companies that settle all MSME dues within 45 days are not required to file MSME Form 1 under original provisions. The rule focuses on delayed payments rather than routine reporting. Maintaining prompt payment practices avoids compliance burden.
The requirement to file MSME-1 arises only when payments to Micro and Small Enterprises remain outstanding beyond 45 days. The framework clarifies that timely payments eliminate the filing obligation, making it a conditional compliance requirement.
The amendment changes KYC filing from annual to a three-year cycle. It clarifies timelines and reduces compliance burden while maintaining periodic verification requirements.
The Bill focuses on easing compliance and decriminalising minor offences. It introduces streamlined procedures and enhanced governance measures.
