Ministry of Corporate Affairs has recently between 1st January, 2019 to 28th February, 2019 issued approximately 13 amendment notification / Circulars under Companies Act, 2013. These are Eight Notifications related to Amendments in Rules, Three other Notifications, One Circular and Companies Amendment (Ordinance) 2019.
Most Important things about these notifications/ amendments is that for these amendments companies have to make compliance till April, 2019. Compliance Chart is given at the end of article.
GIST OF RECENT COMPANY LAW AMENDMENTS
|S. No.||Date of Notification||Title of Amendment Rules||Short Purpose of Filing|
|1.||22.01.2019||Companies (Acceptance of Deposits) Amendment Rules, 2019||Requirement of Filing of DPT-3 for outstanding Loan/Deposit/ Outstanding Receipt of Money.|
|2.||15.01.2019||National Company Law Tribunal (Amendment) Rules, 2019.||Delegation of Powers of NCLT to Regional Director (Conversation, Change in Financial Year etc)|
|3.||22.01.2019||Companies (Prospectus and Allotment of Securities) Amendment Rules, 2019||Exemption from Demat of Securities to : Nidhi Company, Government Company and Wholly own Subsidiaries|
|4.||08.02.2019||Companies (Significant Beneficial Owners) Amendment Rules, 2019||SBO Rules Amended|
|5.||19.02.2019||Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2019||Amendment in PAS-3|
|6.||19.02.2019||Companies (Adjudication of Penalties) Amendment Rules, 2019.||Implementation of Adjudication Powers of ROC|
|7.||21.02.2019||Companies (Incorporation) Amendment Rules, 2019||Introduction of “ACTIVE” Forms|
|8.||21.02.20198||Companies (Registration Offices and Fees) Amendment Rules, 2019||Fees for Active Form|
|9.||22.01.2019||Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019||Introduction of MSME-1|
|10.||21.02.2019||Companies (Amendment) Second Ordinance, 2019||Amendment Ordinance w.e.f. 2019 in continuation of Ordinance, 2018|
|S. No.||Form Name
|1||MSME-1 (Initial Return)||Every Outstanding to MSME more than 45 days as on 22.01.2019||30 Days from the date of availability of form on MCA||As per normal fees rules||Normal Additional Fees||Every Specified Company|
|2||DPT-3||Details of outstanding Loan/ recept of money as on 22.01.2019||90 Days
|As per normal fees rules||Normal Additional Fees||Every Company having outstanding|
|3||DIR-3 KYC||Every Person holding DIN as on 31.03.2019||30/04/2019||Upto Due Date=NIL||5000||Every Person having DIN|
|4||INC-22A (ACTIVE)||Every Company Incorporated before 31/12/2017||25/04/2019||Upto Due Date=NIL||10,000||Every Company|
|5||NFRA-1||Every Company on which These Rules Applicable||30 Days from the date of availability of form on mca||As per normal fees rules||Normal Additional Fees||Every Company on which These Rules Applicable|
Author – CS Divesh Goyal, GOYAL DIVESH & ASSOCIATES Company Secretary in Practice from Delhi and can be contacted at email@example.com).