company law notifications

Important updates of MCA, SEBI, BSE, NSE & RBI – October, 2021

CA, CS, CMA - Important updates of MCA, SEBI, Stock Exchange(s) and RBI on Corporate Sector Edition – October, 2021 The corporate sector is undergoing tremendous changes. We are addressing amendments by regulatory authorities on daily basis. This edition gives an information of all regulatory updates by regulatory bodies introduced during the mon...

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Updates of MCA, SEBI, & RBI for the month of October 2021

CA, CS, CMA - Updates of the Ministry of Corporate Affairs (MCA) Circulars ♦ Relaxation in payment of Additional Fees in case of delay in filing Form 8 (LLP): General Circular No. 16/2021 dated 26th October, 2021 The Ministry of Corporate Affairs (MCA) vide its General Circular No. 16/2021 dated 26th October, 2021 has provided relaxation in paying Ad...

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MCA relaxes Additional Fees under Company Law & LLP Act 2008

CA, CS, CMA - Relaxation on Additional Fees being Levied under Companies Act, 2013 and LLP Act, 2008 Introduction: MCA has relaxed additional fees on certain forms under the Companies Act, 2013 and LLP Act, 2008 vide General Circular No. 06/2021 dated 03/05/2021. This comes in the wake of Current Pandemic Covid-19 situation in the country. Applicabilit...

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FAQ’s on Relaxations of time of filling of CHARGE form

CA, CS, CMA - FAQ’s on Relaxations of time of filling of CHARGE form {Creation & Modification of Charge} SHORT SUMMARY: Quick Question: 1. If Charge is created/ modified on or before December 02, 2020. Company fails to file such form. Whether such Company can take benefit of General Circular No. 07/2021 dated 03rd May, 2021? As per applicability ...

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Updates of MCA, SEBI, RBI & IBBI for the month of March 2021

CA, CS, CMA - Article contains updates with respect to Notifications, Circulars, Rules, Regulations issued in the Month of March 2021 by Ministry of Corporate Affairs (MCA), Securities Exchange Board of India, Updates of the Reserve Bank of India (RBI), Insolvency and Bankruptcy Board of India (IBBI) and also includes Recent Corporate News. Article att...

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MCA Extended duration of several Schemes till 31.12.2020

CA, CS, CMA - MCA on 28.09.2020, vide various circulars and notification extended the date of various schemes to 31.12.2020 which were launched for ease of doing Business, Schemes extended are as follows:- 1. Companies Fresh Start Scheme, 2020 2. LLP Settlement Scheme, 2020 3. Scheme for relaxation of time for filing forms related to Creation or Modifi...

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Relax additional fees & extend last date of filing various e-forms: ICSI

CA, CS, CMA - ICSI requests Ministry of Corporate Affairs for Relaxation of additional fees and  for extension of last date for filing of various e-forms under the Companies Act, 2013 vide its letter dated 27th December 2019. THE INSTITUTE OF Company Secretaries of India IN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament (...

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

CA, CS, CMA - (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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Summary of changes as per Draft Companies (Cost Records and Audit) Amendment Rules, 2017

CA, CS, CMA - Pursuant to implementation of IndAS, the Companies (Cost Records and Audit) Rules, 2014 are to be amended to bring parity between financial records and cost records. Accordingly, the Draft Companies (Cost Records and Audit) Amendment Rules, 2017 have been placed on the Ministry’s website www.mca.gov.in for suggestions/ comments....

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Draft Companies (cost records and audit) Amendment Rules, 2017

CA, CS, CMA - 1. Material Costs-(a) Proper records shall be maintained showing separately all receipts, issues and balances both in quantities and cost of each item of raw material required for the production of goods or rendering of services under reference....

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Suo Moto NCLAT Delhi order under Insolvency, Competition & Company Law

Suo Moto (NCLAT Delhi) - That the period of lockdown ordered by the Central Government and the State Governments including the period as may be extended either in whole or part of the country, where the registered office of the Corporate Debtor may be located...

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IEPF Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021

G.S.R.785(E). - (09/11/2021) - These rules may be called the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021....

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Extension of last date of filing of Cost Audit Report to Board of Directors

General Circular No.15/2021 - (27/09/2021) - Representations have been received from various stakeholders for extension of last date of filing of Cost Audit Report to the Board of Directors under Rule 6(5) of the Companies (Cost Records and Audit) Rules, 2014 due to impact of COVID-19 pandemic....

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Tenure of Company Law Committee extended till 16.09.2022

F. No. 2/1/2018-CL-V - (23/09/2021) - In continuation of the Order of even no. dated 18.09.2019 and order of even no. dated 17.09.2020 (annexed herewith), the tenure of the Company Law Committee is hereby further extended by one year from the date of expiry of the last order i.e. till 16.09.2022...

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Extension For Conducting AGM till 30 November 2021

CL-II-03/252/2021-0/o DGCoA-MCA - (23/09/2021) - it has been decided to advise the Registrar of Companies (RoCs) to accord approval for extension of time for a period of two Months beyond the due date by which companies are required to conduct their AGMs for the financial year 2020-21 ended on 31st March 2021....

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Provisional List of Companies within the ambit of NFRA

Circular No. NF-25011/5/2021 - (04/05/2021) - This comprehensive exercise of compliation of data base of companies covered by NFRA Rules/their auditors from CDM and its reconciliation with other important data bases is being performed for the first time....

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Recent Posts in "company law notifications"

Important updates of MCA, SEBI, BSE, NSE & RBI – October, 2021

mca.gov.in, sebi.gov.in, rbi.org.in 31/10/2021

Important updates of MCA, SEBI, Stock Exchange(s) and RBI on Corporate Sector Edition – October, 2021 The corporate sector is undergoing tremendous changes. We are addressing amendments by regulatory authorities on daily basis. This edition gives an information of all regulatory updates by regulatory bodies introduced during the mon...

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Posted Under: Company Law |

IEPF Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021

G.S.R.785(E). 09/11/2021

These rules may be called the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021....

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Updates of MCA, SEBI, & RBI for the month of October 2021

Updates of the Ministry of Corporate Affairs (MCA) Circulars ♦ Relaxation in payment of Additional Fees in case of delay in filing Form 8 (LLP): General Circular No. 16/2021 dated 26th October, 2021 The Ministry of Corporate Affairs (MCA) vide its General Circular No. 16/2021 dated 26th October, 2021 has provided relaxation in paying Ad...

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Extension of last date of filing of Cost Audit Report to Board of Directors

General Circular No.15/2021 27/09/2021

Representations have been received from various stakeholders for extension of last date of filing of Cost Audit Report to the Board of Directors under Rule 6(5) of the Companies (Cost Records and Audit) Rules, 2014 due to impact of COVID-19 pandemic....

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Tenure of Company Law Committee extended till 16.09.2022

F. No. 2/1/2018-CL-V 23/09/2021

In continuation of the Order of even no. dated 18.09.2019 and order of even no. dated 17.09.2020 (annexed herewith), the tenure of the Company Law Committee is hereby further extended by one year from the date of expiry of the last order i.e. till 16.09.2022...

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Extension For Conducting AGM till 30 November 2021

CL-II-03/252/2021-0/o DGCoA-MCA 23/09/2021

it has been decided to advise the Registrar of Companies (RoCs) to accord approval for extension of time for a period of two Months beyond the due date by which companies are required to conduct their AGMs for the financial year 2020-21 ended on 31st March 2021....

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Provisional List of Companies within the ambit of NFRA

Circular No. NF-25011/5/2021 04/05/2021

This comprehensive exercise of compliation of data base of companies covered by NFRA Rules/their auditors from CDM and its reconciliation with other important data bases is being performed for the first time....

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MCA issues updated FAQs on Corporate Social Responsibility (CSR)

General Circular No. 14/2021 25/08/2021

MCA has vide General Circular No. 14/2021 dated 25.08.2021 issued updated FAQs on Corporate Social Responsibility (CSR) and withdrawn 4 earlier FAQs and clarifications issued by it from time to time. The FAQs on CSR broadly covers  Applicability of CSR, CSR Framework, CSR Expenditure, CSR Activities, CSR Implementation, On-going Project,...

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Annual report on capacity building of independent directors

Notification No. G.S.R. 580(E) 19/08/2021

Companies (Creation and Maintenance of databank of Independent Directors) Second Amendment Rules, 2021 MCA inserts vide Notification No. G.S.R. 580(E) dated 19.08.2021 ‘Rule 6 Annual report on the capacity building of independent directors’ to Companies (Creation and Maintenance of databank of Independent Directors) Rules, 201...

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Online Proficiency Self Assessment Test exemption for CA, CMA, CS & Advocates

Notification No. G.S.R. 579(E) 19/08/2021

MCA exempts CA, CMA, CS & Advocate having 10 years’ experience from Online Proficiency Self-Assessment Test for becoming Independent Director by notifying Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 vide Notification No. G.S.R. 579(E) dated 19th August, 2021. MCA vide its Notification dated 19th Augu...

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