In this article Impact on Penalties/ Fine/ Imprisonment of Companies (Amendment) Bill, 2020 is been analysed. 1. Section – 8(11) – Formation of Companies with Charitable Objects, etc. AFTER AMENDMENT If a company makes any default in complying with any of the requirements laid down in this section, the company shall, without prejudice to any […]
As per MCA Circular dated September 10, 2018 they amend the Companies (Prospectus and Allotment of Securities) Rules, 2014 by inserting Section 9A: Issue of securities in dematerialised form by unlisted public companies and same shall be effective from October 02, 2018. Applicability: This Rule is applicable on all unlisted public companies as well as […]
As per MCA Notification dated September 10, 2018 they amend the Companies (Prospectus and Allotment of Securities) Rules, 2014 by inserting Section 9A: Issue of securities in dematerialised form by unlisted public companies and same shall be effective from October 02, 2018. Applicability: This Rule is applicable on all unlisted public companies as well as […]
Company Law Fresh Settlement Scheme Question: Whether there is any extension in Due Date of DPT-3? As per the Companies Act, 2013, the Due Date of filing of DPT-3 is June 30, 2020 on an annual basis. However, due to CoVID-19 pandemic, many Companies cannot file this form until June 30, 2020. Therefore, Ministry of […]
Company Law Fresh Settlement Scheme Question: Whether the e-Form CFFS-2020 required to be filed for the forms which have been filed within due dates during the vouge of the scheme? Ministry of corporate Affairs (MCA) had in the circular dated 24 March, 2020, provides for a moratorium on delay in filing of form till September […]
In this editorial author shall discuss about MSME,Criteria for Registration under MSME, Industries which are allowed to register under MSME and Process of Registration under MSME. MSME stands for ‘Micro, Small & Medium Enterprises”. Earlier in India, there were the following Acts: √ The Coir Industry Act, 1953 √ The Khadi and Village Industries Commission […]
In this editorial author shall discuss about FLA. Whenever we talk about FLA many questions came into mind like: Which Companies are required to file FLA? What is due date for FLA? It’s an Annual Return on Foreign Liabilities and Assets (FLA) is required to be filed by Indian Company and LLP. I. Who is […]
Regulation 7 (3) – Compliance Certificate certifying maintaining physical & electronic transfer facility, Regulation 13 (3) – Statement of Investor complaints, Regulation 27 (2) – Corporate Governance, Regulation 31 – Shareholding Pattern, Regulation 33 – Financial Results, Regulation 34 –Annual Report, Regulation 40 (9) – Certificate from Practicing Company Secretary and Regulation 76 (Updated)- Reconciliation of Share Capital Audit.
In this editorial author shall discuss Relaxation in time of filing of form for Creation of Charge, Relaxation in time of filing of form for Modification of Charge, Applicability of relaxations to Form CHG-1 & CHG-9 and not to form CHG-4 (Satisfaction of Charge). Further it explains that If charge is Created or modified on […]
Ministry of Housing & Urban Affairs Scheme of Special Micro-Credit Facility launched for Street Vendors – Striving towards Atmanirbhar Bharat Posted On: 19 JUN 2020 A Memorandum of Understanding has been signed between Ministry of Housing & Urban Affairs and Small Industries Development Bank of India (SIDBI), here today, in order to engage SIDBI […]
