Q. 1 What are the different modes of payment available for making MCA fee payments? Ans. The different modes of payment available are: Credit card/ Debit Card (Pay online) Net Banking (Pay online) Challan (Generate the Challan online, fill it and deposit it off-line at an authorized bank branch) NEFT Pay Later Q. 2 Which […]...
Read MoreQ. 1 What is e Form SPICe+? Ans. SPICe+ is a part of various initiatives undertakenby the Government of India towards Ease of Doing Business (EODB). SPICe+ form is an integrated webform and an advancedversion of the previous SPICe form (i.e. e-form INC-32). SPICe+ webform offers 11 servicesby 3 Central Government Ministries & Departme...
Read MoreFor Financial year 2019-20 onwards – Every Director who has been allotted DIN on or before the end of the financial year, and whose DIN status is ‘Approved’, would be mandatorily required to file form DIR-3 KYC before 30th April of the immediately next financial year....
Read MoreMerger and amalgamation are restructuring tool which helps companies in expansion and diversification of their business and to achieve their underlying objectives. Merger means an arrangement whereby one or more existing companies merge their identity into another to form a new entity which may or may not be one of those existing entities...
Read MoreDiscover the importance of maintaining a 'true and fair view' in financial statements and the crucial role of auditors in ensuring compliance. Learn about the statutory obligations, requirements, and responsibilities of auditors and directors to present accurate and unbiased financial information. Gain insights into the meaning of 'true' ...
Read MoreCentre for Processing Accelerated Corporate Exit (C-PACE) established for providing hassle-free filing, timely and process-bound striking off companies from MCA Register The Ministry of Corporate Affairs (MCA) has moved a step forward by centralising the strike off process of companies with the establishment of the Centre for Processing ...
Read MoreANNEXED TO THE NOTICE OF GENERAL MEETING Explanatory Statements for preferential allotment pursuant to section 102 of the Companies Act, 2013. The Board of Directors on ……………………subject to necessary approval(s) , has approved the proposal for raising fund up to Rs………………………… by way of issue of equity shar...
Read MoreTO WHOM SO EVER IT MAY CONCERN In compliance with the requirements of Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019, issued by the Ministry of Corporate Affairs vide notification dated January 22, 2019, all Companies who gets supplies from Micro and Small Enterprise (MS...
Read MoreMinistry of Corporate Affairs is launching STK-2 form along with C-PACE functionality on 01st May 2023 at 12:00 AM....
Read MoreICSI requests relaxation in the levy of additional fee for filing of 45 forms which are due for filing between 07.02.2023 and 30.06.2023 till June 30, 2023 and for allowing filing of such 6 Forms namely Form GNL-2, MGT-14, PAS-3, SH-8, SH-9, SH-11, in physical mode till June 30, 2023....
Read MoreGurudeo Exports Corporation Private Limited Vs Akash Singhal Liquidator of Amira Pure Foods Pvt. Ltd. (NCLAT) - NCLAT held that claim before resolution professional/ liquidator has to be based on solid documentary evidence and not based on indirect or circumstantial or secondary evidence....
Read MoreSanket Kumar Agarwal & Anr Vs APG Logistics Private Limited (Supreme Court of India) - Supreme Court held that for calculating limitation period for filing an appeal to NCLAT, the date on which order was pronounced and the time taken to provide certified copy is to be excluded....
Read MoreAshish Mittal Vs Serious Fraud Investigation Office (Delhi High Court) - Section 212(6) contemplates that before a court decides to grant bail to an accused, public prosecutor must be given an opportunity to oppose bail application....
Read MoreUnion of India and Another Vs Deloitte Haskins and Sells LLP & Anr (Supreme Court of India) - Challenge to constitutional validity of section 140(5) of Companies Act, 2013 fails and it is observed and held that section 140(5) is neither discriminatory, arbitrary and/or violative of Articles 14, 19(1)(g) of Constitution of India...
Read MoreLyka Labs Limited Vs State of Maharashtra (Bombay High Court) - Lyka Labs Limited Vs State of Maharashtra (Bombay High Court) Bombay High Court held that the signatory of the cheque, authorized by the “Company”, is not the drawer in terms of section 143A of the Negotiable Instruments Act and cannot be directed to pay interim compensation under sectio...
Read MoreOrder No. ROCK/F No.09-53366/3139/Kosamattom/2101/2023 - (19/05/2023) - Ministry of Corporate Affairs penalized Kosamattam Nidhi Limited for not mentioning DIN of directors in documents attached with e-form ADT-1...
Read MoreOrder No. ROC(B)/Adj.Order.454-10A/VESPPL/Co.No.133287/2023 - (11/04/2023) - As per Rule 23A of the Companies (Incorporation) Rules, 2014, the declaration under section 10A by a director shall be in Form No. INC-20A and shall be filed as provided in the Companies (Registration Offices and Fees) Rules, 2014 and the contents of the said form shall be verified by a company secr...
Read MoreOrder No. ROC(B)/Adj.Ord.454-135/Toyota-Tsusho/Co.No.50429/2023 - (26/05/2023) - Registrar of Companies, Karnataka issued an order of adjudication of penalty against Toyota Tsusho Systems India Private Limited for violating Section 135 of the Companies Act, 2013. The company failed to comply with the provisions regarding Corporate Social Responsibility (CSR) expenditure within t...
Read MoreNotification No. ROC(B)/Adj.Ord.454-203/Menzies Bobba/Co.No.39761/2023 - (12/04/2023) - Menzies Aviation Bobba (Bangalore) Private Limited failed to appoint a whole-time company secretary (CS) within the prescribed time frame, resulting in a violation of Section 203 of the Companies Act, 2013 for a period of 730 days. The managing director, Mr. Bobba Veerasamynathan, has been held liab...
Read MoreFile No. ROC(8)/Adj.Ord.454.42/Vidyuttech/Co.No.154044/2023/ - (25/05/2023) - Registrar of Companies (Karnataka) has issued an order adjudicating penalties on Vidyuttech Services Private Limited for violating provisions of section 42 Companies Act, 2013 related to private placement of securities. Company accepted money before passing relevant resolutions and issued private ...
Read More
Order No. ROCK/F No.09-53366/3139/Kosamattom/2101/2023 - 19/05/2023