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Disclosure on implementation of SH Act mandatory in Director’s report

Disclosure regarding implementation of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (SH Act,2013) made mandatory in the Director’s report as per amended the Company (Account) Rules, 2014 Press Information Bureau Government of India Ministry of Women and Child Development 21-December-2018 17:2...

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Posted Under: Company Law |

Major changes in Company Law & Corporate Law during last one year

Companies (Amendment)Act , 2017 enacted; Out of total 93 Sections,  92 Sections brought into force along with relevant Rules  MCA proposes to introduce Companies (Amendment) Bill, 2018 to replace Companies (Amendment) Ordinance 2018 in the ongoing Winter Session of Parliament Insolvency and Bankruptcy Code (Amendment) Act, 2018 & In...

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Posted Under: Company Law |

Companies (Amendment) Bill, 2018 as introduced in Lok Sabha

(1) This Act may be called the Companies (Amendment) Act, 2018. (2) It shall be deemed to have come into force on the 2nd day of November, 2018....

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Posted Under: Company Law | ,

Draft amendment to rule 8 of Companies (Incorporation) Rules, 2014 – Name Availability

Names which resemble too nearly with the name of an existing company. (1) A name applied for shall be deemed to resemble too nearly with the name of an existing company, if, and only if, after comparing the name applied for with the name of an existing company by disregarding the matters set out in sub-rule (2), the names are same....

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Posted Under: Company Law |

ICAI withdraws Guide on disclosure of Specified Bank Notes

The Ministry of Corporate Affairs vide notification dated March 30, 2017 notified Companies (Audit and Auditors) Amendment Rules, 2017 and Amendment to Schedule III to the Companies Act, 2013. Vide this amendment, the following new clause was inserted in Rule 11 of Companies (Audit and Auditors) Rules, 2014...

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Posted Under: Company Law |

MCA proposes 20 further Amendments in Companies Act, 2013

Pursuant to recommendations made by Committee to review the offences under the Companies Act, 2013, the Companies (Amendment) Ordinance, 2018 has been promulgated on 2nd November, 2018....

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Posted Under: Company Law |

Extend last date for annual filing under Companies Act, 2013: ICSI

ICSI received many requests from companies/ professionals for extension of last date for filing of annual forms due to the following reasons:...

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Posted Under: Company Law |

Extend last date for MCA annual filing for the F.Y. 2017-18: TBA

Ref: TBA/PRE/GS/2018-19/021 (26/10/2018)

Tax Bar Association, Guwahati  requested MCA to grant extension of time for filing the MCA financial statements for the financial year ended 31st march, 2018 upto 31st December, 2018 without levying additional fees. Text of their representation is as follows- Tax Bar Association (Registered under the Societies Registration Act 1860) Sree...

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Posted Under: Company Law |

Extend Due Date of ROC Form AOC4 and MGT7: KSCAA

KSCAA represented that There is sufficient cause and need for the extension of filing of Annual Forms AOC-4 and MGT-7 for a reasonable period of time to give justice to the correctness of returns.In view of the same they have requested for the same to Hon. Union Minister of Finance and Corporate Affairs, Shri. Arun […]...

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Postpone Commencement of KYC process for companies: ICSI

The process of KYC of companies may be commenced from 1st January, 2019 since the companies as well as professionals are currently involved in conducting Annual General Meetings of their respective companies and thereafter in the months of October and November, they would be involved in the annual filing compliances with the MCA. ...

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Posted Under: Company Law |