company law notifications

Relaxation under different statues during pandemic of COVID-19

Company Law - We all are aware (or may be some of us are already fed up) with the news of CoVID-19 which is pandemic and led to thousands death tolls around world with Italy the most affected country. Likewise CoVID-19 has reached in India through residents who have visited and/or returned from affected countries. In India, the […]...

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A brief on valuation approaches for registered valuers

Company Law - Types of approaches used in Valuation : A brief on valuation approaches for registered valuers With the introduction of concept of Registered valuer’ by Companies Act, 2013, the requirement for a professional and methodological  approach to valuation has arisen. Not a while ago, for majority of proefessionals the valaution of an eq...

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DIN VERIFICATION- A identification of Director

Company Law - DIN VERIFICATION- A identification of Director Verification of Director is being done through checking of unique mobile number and email id of each director by Registrar of companies whether he is alive or not. It is as per Rule 12A of The Companies (Appointment and Qualification of Directors) Rules 2014. The Rule came from financial [&he...

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Compilation of monthly Corporate Law updates of August 2019

Company Law - Article contains update on Amendment to Companies Act, 2013 and its Rules, Amendment to SEBI Law, NCLT Order, Highlights of Consumer Protection Bill, Labour laws, E-commerce guidelines for Consumer Protection ICSI – Recognition to Company Secretaries to act as Arbitrator under the Arbitration and Conciliation (Amendment) Act, 2019, upda...

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Compendium of Company Law, SEBI, RBI, NCLT Changes in Feb 2019

Company Law - Article Contains updates on Notifications/ Circulars issued by MCA, SEBI, RBI, BSE, NSE in February 2019 and on Recent Important NCLT Order. Updates includes updates on The Companies (Significant Beneficial Owners) Amendment Rules, 2019 – 8 February 2019, The Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 201...

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

Company Law - 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

Company Law - (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

Company Law - 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

Company Law - 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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Show cause notices to 1018 companies for violation of CSR norms

Company Law - Show cause notices have been issued to 1018 companies for 2014-15 for violation of Section 135 read with Section 134(3) (o) of the Companies Act, 2013....

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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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Extension of last date of filing of Form NFRA-2 to 270 days

General Circular No. 26/2020 - (06/07/2020) - It has been decided that the time limit for filing of Form NFRA­-2, for the reporting period FY 2018-19, will be 270 days from the date of deployment of this form on the website of National Financial Reporting Authority (NFRA)....

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Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2020

G.S.R. 420(E) - (29/06/2020) - MCA has vide Notification No. G.S.R. 420(E) dated 29th June, 2020 has issued and published the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2020 further to amend the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016. Ful...

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Clarification on CSR contribution to PM CARES Fund

General Circular No. 25/2020  - (25/06/2020) - In view of the amendment in Schedule VII of the Companies Act, 2013 vide gazette notification no. G.S.R. 313(E) dated 26th May, 2020, deemed to have come into force on 28th March 2020, the Office Memorandum No. CSR-05/1/2020-CSR_MCA dated 28.03.2020 is redundant and hence stands superseded....

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Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2020

G.S.R. 396(E). - (23/06/2020) - MCA has issued Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2020 which are applicable from  23rd June 2020 and by this Registration of details of Independent Directors in Independent Directors Data Bank who were director on 1st December 2019 is been allowed till 30t...

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Companies (Meetings of Board and its Powers) Second Amendment Rules, 2020

G.S.R. 395(E) - (23/06/2020) - Companies (Meetings of Board and its Powers) Second Amendment Rules, 2020- MCA further relax the requirement of holding Board meetings with physical presence of directors under section 173 (2) read with rule 4 of the Companies (Meetings of Board and its Powers) Rules, 2014 for approval of the annual...

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Recent Posts in "company law notifications"

Extension of last date of filing of Form NFRA-2 to 270 days

General Circular No. 26/2020 (06/07/2020)

It has been decided that the time limit for filing of Form NFRA­-2, for the reporting period FY 2018-19, will be 270 days from the date of deployment of this form on the website of National Financial Reporting Authority (NFRA)....

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Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2020

G.S.R. 420(E) (29/06/2020)

MCA has vide Notification No. G.S.R. 420(E) dated 29th June, 2020 has issued and published the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2020 further to amend the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016. Full text of the notification is as follows...

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Clarification on CSR contribution to PM CARES Fund

General Circular No. 25/2020  (25/06/2020)

In view of the amendment in Schedule VII of the Companies Act, 2013 vide gazette notification no. G.S.R. 313(E) dated 26th May, 2020, deemed to have come into force on 28th March 2020, the Office Memorandum No. CSR-05/1/2020-CSR_MCA dated 28.03.2020 is redundant and hence stands superseded....

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Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2020

G.S.R. 396(E). (23/06/2020)

MCA has issued Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2020 which are applicable from  23rd June 2020 and by this Registration of details of Independent Directors in Independent Directors Data Bank who were director on 1st December 2019 is been allowed till 30th September 2020. Revised rules now prov...

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Companies (Meetings of Board and its Powers) Second Amendment Rules, 2020

G.S.R. 395(E) (23/06/2020)

Companies (Meetings of Board and its Powers) Second Amendment Rules, 2020- MCA further relax the requirement of holding Board meetings with physical presence of directors under section 173 (2) read with rule 4 of the Companies (Meetings of Board and its Powers) Rules, 2014 for approval of the annual financial statements, Board’s report,...

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Measures for benefit of CAPF & CPMF veterans & their family included in CSR

Notification No. G.S.R. 399(E) (23/06/2020)

MCA amends Clause (vi) of CSR Schedule VII of Companies Act 2013 to includes measures for the benefit of Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, and their dependents including widows vide Notification No. G.S.R. 399(E) dated 23rd, June 2020. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi,...

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MCA extends time for Creation of deposit repayment reserve & to deposit 15% of amount of debentures

General Circular No. 24/2020 (19/06/2020)

Further Extension of time till 30th September 2020 to creation of deposit repayment reserve of 20% u/s. 73(2)(C) of the Companies Act 2013 and to invest or deposit 15% of amount of debentures u/r.18 of Companies (Share capital and Debentures) Rules 2014 vide General Circular No. 24/2020 Dated: 19th June, 2020. Requirement under section 73...

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MCA relaxes time to file forms for creation/modification of charges

General Circular No. 23/2020 (17/06/2020)

The companies are required to file forms related to creation or modification of charges within the timelines provided in section 77 of the Companies Act, 2013 (Act), i.e. a total of 120 days of the creation or modification of charge....

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MCA extends EGM deadline upto 30th September 2020

General Circular No. 22/2020 (15/06/2020)

MCA allow companies to conduct their EGMs through VC or OAVM or transact items through postal ballot upto 30th September, 2020....

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Companies (Share Capital and Debentures Amendment Rules, 2020

G.S.R. 372(E). (05/06/2020)

Companies (Share Capital and Debentures Amendment Rules, 2020 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 5th June, 2020 G.S.R. 372(E).– In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to ...

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