In order to facilitate companies to make a fresh start on a clean state, the Ministry of Corporate Affairs has decided to introduce Companies Fresh Start Scheme (CFSS-2020), vide its General Circular No. 12/2020 dated 30th March, 2020, condoning the delay in filing of certain documents. Some key features of COMPANIES FRESH START SCHEME, 2020 (CFSS-2020) is […]
Company Affirmation of Readiness towards COVID 19- A confidence building measure by MCA. (Step by step guide to file the form) Amidst the worldwide fear of Novel Coronavirus, (COVID – 19), MCA has rolled down a web-based form Company Affirmation of Readiness towards COVID 19. Amidst the lockdown state in the country this form has […]
MCA has come up with another compliance by inserting a new Rule 25A under the Companies (Incorporation) Rules, 2014 by issuing Companies (Incorporation) Amendment Rules, 2019 under which a new form Form INC-22A (ACTIVE) has been introduced . Let us have a quick understanding of this new compliance: 1. What is the applicability of Form […]
On 22nd January, 2019 MCA came up with a new sub-rule under Companies (Acceptance of Deposits), Rules, 2014 which says that every company (other than government company) shall file an onetime return of outstanding receipt of money or Loan by a Company but not considered as deposits and an explanation is added in Rule 16 […]