Company Law notification

Clarification on spending of CSR funds for COVID-19 vaccination

General Circular No. 13/2021 30/07/2021

Spending of CSR funds for COVID-19 vaccination for persons other than the employees and their families, Is an eligible CSR activity under item no. (i) of Schedule VII of the Companies Act, 2013 relating to promotion of health care including preventive health care and item no. (xii) relating to disaster management. General Circular No. 13/...

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Companies (Incorporation) Fifth Amendment Rules, 2021

Notification No. G.S.R. 503(E) 22/07/2021

MCA notifies Companies (Incorporation) Fifth Amendment Rules, 2021 vide notification no. G.S.R. 503(E) dated 22nd July, 2021. Vide this notification new Rule 33A. Allotment of a new name to the existing company under section 16(3) of the Act is been added after rule 33 of Companies (Incorporation) Rules, 2014 and new Form No.INC-11C is be...

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MCA notifies Changes in Section 4 | Memorandum | Companies Act, 2013

Notification No. S.O. 2904(E) 22/07/2021

MCA notifies Changes in Section 4 of Companies Act, 2013 which relates to Memorandum with effect from 1st September, 2021 vide Notification No. S.O. 2904(E). dated 22nd July, 2021. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 22nd July, 2021 S.O. 2904(E).—In exercise of the powers conferred by sub-section (2) of section 1 o...

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Notice by ROC Karnataka for removal of name of 120 LLPs

No. ROCB/LLP Strike off/Sec.75-Rule 37(2)/JTA(M)/2021 07/07/2021

In the matter of 120 Limited Liability Partnerships (List Enclosed) Notice by Registrar for removal of name of a Limited Liability Partnership from the Register [Pursuant to Section 75 of the LLP Act, 2008 and sub-rule (1)(b) rend with Sub-Rule(2) of Rule 37 of LLP Rules, 2009] e-mail: [email protected] Ph: 080-25537449 080-2563310...

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MCA Relaxes time for filing forms for creation or modification of charges

General Circular No. 12/2021 30/06/2021

Vide General Circular No. 12/2021 dated 30th June, 2021 MCA has decided that In case of CHG – 1 & CHG – 9 the period from 01.04.2021 till 31.07.2021 shall not be reckoned for the purpose of counting the number of days under section 77 & 78 of the Act. In line with the extension provided […]...

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MCA extends time for filing of certain forms to 31st August, 2021

General Circular No.11/2021 30/06/2021

Vide General Circular No. 11/2021 dated 30th June, 2021 MCA has decided to grant additional time up to 31st August, 2021 for filling of forms of Companies & LLPs due for filling during 1st April, 2021 to 31st July, 2021 other than charge forms without any additional fees. Accordingly, the due dates of DPT-3 & Form […]...

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NCLT to start Regular Hearings from 1.07.2021 through Video Conferencing

Order No. 10/03/2021-NCLT 25/06/2021

It has been decided to start regular hearing in NCLT Benches w.e.f. 1.07.2021 through Video Conference on all working days or as mentioned in remarks Column. The Composition of the Benches is as follows:...

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Companies (Accounting Standards) Rules, 2021

Notification No. G.S.R. 432(E). 23/06/2021

MCA has notified Companies (Accounting Standards) Rules, 2021 on 23rd June, 2021. vide this notification has amended definition of Small and Medium Sized Company for applicability of Accounting Standards as recommended by the Institute of Chartered Accountants of India from 01.04.2021. Central Government hereby specifies Accounting Standa...

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Companies allowed to conduct EGMs through VC/OAVM till 31.12.2021

General Circular No.10/2021 23/06/2021

MCA allowed companies to conduct their EGMs through VC or OAVM or transact items through postal ballot in accordance with the framework provided in the aforesaid Circulars upto 31st December, 2021. ...

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Companies (Creation and Maintenance of data bank of Independent Directors) Amendment Rules, 2021

Notification No. G.S.R. 418(E) 18/06/2021

In case of delay on the part of an individual in applying to the institute under sub-rule (7) for inclusion of his name in the data bank or in case of delay in filing an application for renewal thereof, the institute shall allow such inclusion or renewal, as the case may be, under rule 6 of the Companies (Appointment and Qualification of ...

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September 2021