Filter Posts

Reset
Found 6 Results

MCA ‘reactivated’ DINs of disqualified Directors

Stakeholders of Condonation of Delay Scheme (CODS) (notified vide General Circular No.16/2017 dated 29th December 2017) may kindly note that the process for ‘reactivation’ of the DINs in respect of disqualified Directors has been completed and the status of the relevant DINs can be checked now. Stakeholders are therefore requested to ...

Read More
Posted Under: Company Law |

Allotment of DIN only at the time of appointment as Directors: MCA

It is proposed to reengineer the process of allotment of DIN by allotting DIN to individuals only at the time of their appointment as Directors (If they do NOT possess a DIN) in companies. DIR-3 (Application for Director Identification Number) would be applicable for the allotment of DIN to individuals in respect of existing companies [&h...

Read More
Posted Under: Company Law |

3 Companies Act amendments having impact on Bankruptcy Code

A few provisions in the Companies (Amendment) Act, 2017 have important bearing on working of Insolvency and Bankruptcy Code, 2016. Section 53 of the Companies Act, 2013 prohibited issuance of shares at a discount. ...

Read More
Posted Under: Company Law |

MCA to deploy new name reservation service wef 26th January, 2018

A new name reservation service is being developed and is likely to be deployed on 26th January, 2018. Therefore w.e.f. 00:00 hours of 06-01- 2018, INC-1 will not be available on the MCA Portal. Stakeholders are advised to submit INC-1 application till 23:59 hours of 05-01-2018. Stakeholders who reserved names using INC-1 are requested to ...

Read More
Posted Under: Company Law |

MCA Removes names of 2,26,166 defunct companies in 2017

ROCs has removed the names of 2,26,166 companies as on 19.12.2017 from the register of companies by following the due procedure under Section 248 of the Companies Act, 2013. ...

Read More
Posted Under: Company Law |

CODS 2018- Reactivation of DIN is in Process: MCA

Stakeholders of Condonation of Delay Scheme (notified vide General Circular No.16/2017 dated 29th December 2017) may kindly note that the process for ‘reactivating’ the DINs in system in respect of disqualified  Directors is in progress and they may check the status of the relevant DINs by 12th January 2018. However, they are request...

Read More
Posted Under: Company Law |