Company Law notification

Companies (Prospectus and Allotment of Securities) Amendment Rules, 2020

Notification No. G.S.R. 642(E). (16/10/2020)

(1) These rules may be called the Companies (Prospectus and Allotment of Securities) Amendment Rules, 2020. (2) They shall come into force from the date of their publication in the Gazette....

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IEPF e-forms filing due date extended till 31st December 2020

General Circular No. 35/2020 (29/09/2020)

MCA enabled filing of various IEPF e-forms (IEPF -1, IEPF- I A, IEPF-2, IEPF-3, IEPF-4, IEPF-7) and e-verification of claims filed in e-form IEPF-5 without additional fees till 31st December 2020...

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Time for Creation of deposit repayment reserve & to deposit 15% of amount of debentures extended

General Circular No. 34/2020 (29/09/2020)

Clarification with regard to creation of deposit repayment reserve of 20% u/s. 73 (2) (C) of the Companies Act 2013 and to invest or deposit 15% of amount of debentures u/r.18 of Companies (Share capital and Debentures) Rules 2014 – COVID-19 – Extension of time-regarding. General Circular No. 34/2020 File No.02/08/2020-CL-V Go...

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Companies (Amendment) Act, 2020 receives assent of President

No. 29 of 2020 (28/09/2020)

Companies (Amendment) Act, 2020 received the assent of the President on the 28th September, 2020. MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 28th September, 2020/Asvina 6, 1942 (Saka) The following Act of Parliament received the assent of the President on the 28th September, 2020 and is hereby published for genera...

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Companies (Meetings of Board and its Powers) Third Amendment Rules, 2020

Notification No. G.S.R. 590(E) (28/09/2020)

MCA vide notification No. G.S.R. 590(E) dated 28th September, 2020 allowed following matters to be dealt with in any meeting held through video conferencing or other audio visual means for the period from 19th March 2020 and ending on 31st December, 2020 Provided that where there is quorum presence in a meeting through physical presence [...

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Companies (Appointment and Qualification of Directors) Fourth Amendment Rules, 2020

Notification No. G.S.R. 589(E). (28/09/2020)

MCA extends time for Compliances required by Every individual who has been appointed as an independent director in a company, on the date of commencement of the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019 (I.e. 1st December 2019) , shall within a period  of 13 Months from such commencement (i.e. upt...

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Time for conducting EGMs through VC or OAVM extended till 31.12.2020

General Circular No. 33/2020 (28/09/2020)

Time for conducting EGMs through Video Conference (VC) or Other Audio Visual Means (OAVM) also stand extended till 31.12.2020. In continuation of the extensions being given for compliance relaxations previously announced, MCA has extended the time period upto which companies can conduct their board meetings through VCs or Other Audio Visu...

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Relaxation for filing Charge related forms extended till 31.12.2020

General Circular No. 32/2020 (28/09/2020)

The Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 extended till 31.12.2020. General Circular No. 32/2020 F. No. 02/05/2020-CL-V Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R. P. Road, New Delhi Dated: 28...

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LLP Settlement Scheme 2020 extended to 31.12.2020

General Circular No. 31/2020 (28/09/2020)

MCA had introduced a new scheme known as the LLP Settlement Scheme, 2020 which was valid from 01.04.2020 to 13.06.2020 and was later extended till 30.09.2020. The Scheme has been further extended to 31.12.2020 to enable LLPs to make good their previous defaults. General Circular No. 31/2020 F. No. 17/61/2016-CL-V-Pt.I Government of India ...

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Companies Fresh Start Scheme, 2020 extended till 31.12.2020

General Circular No. 30/2020 (28/09/2020)

The Ministry of Corporate Affairs had introduced a new scheme known as the Companies Fresh Start Scheme, 2020, valid from 01.04.2020 to 30.09.2020 to enable companies to make good their previous defaults. This Scheme has now been extended till 31.12.2020. General Circular No. 30/2020 F. No. 02/01/2020-CL-V Government of India Ministry of ...

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