company law notifications

MCA notifies Additional fee of Rs.100 per day for delay in filing ROC Forms

Company Law - In case the due date of filings under Section 92 (Annual Return) or 137 (Annual Financial Statement) of the Companies Act, 2013 expires after 30/06/2018, the additional fee @Rs.100 per day shall become payable in respect of MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS....

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Removal of Names of Companies under Companies Act, 2013

Company Law - Now, the process of removing the name of the company from register of Registrar has been simplified. Now instead of sending several notices as required in section 560 of the Companies Act, 1956...

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Statutory Auditor Under Companies Act, 2013-FAQs

Company Law - 1. Who Will Appoint First Auditor? Sol. As per Section 139(6): First Auditor will be Appoint by Board of Directors of Company within 30 days of Incorporation of Company....

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The Companies (Amendment) Act, 2015

Company Law - The Companies (Amendment) Bill received the assent of the President on the 25th May, 2015 and published in official Gazette of India on 26th May, 2015 and became “THE COMPANIES (AMENDMENT) ACT, 2015. This Act shall come into force on 26th May, 2015 (Date as The proposed amendments deal with related party transactions, fraud reporting b...

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Compilation of MCA notifications on Companies Act, 2013

Company Law - In my Previous article I have discussed  in brief  Circulars issued by MCA till date on Companies Act, 2013  –Compilation of Circulars issued by MCA till date on Companies Act, 2013.  In this article I have compiled in brief notifications issued by MCA since commencement of Companies Act, 2013. 1.    MCA has vide Notification...

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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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Harsh punitive against deviant Shell Companies: MOF

Company Law - Harsh punitive actions to be taken against the deviant Shell Companies including freezing of Bank Accounts, striking off the names of dormant companies, invocation of Benami Transactions (Prohibition) Amendment Act, 2016; A Task Force set-up under the Co-chairmanship of the Revenue Secretary and Corporate Affairs Secretary with members fr...

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MCA Invite Comments on Draft CARO Report, 2016

Company Law - (1) This Order may be called the Companies (Auditor's Report) Order, 2016. (2) It shall apply to every company including a foreign company as defined in clause (42) of section 2 of the Companies Act, 2013 (18 of 2013) [hereinafter referred to as the Companies Act], except:–...

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MCA amends Section 135 (CSR) of Companies Act, 2013 wef 19.09.2018

File No. 1/1/2018-CL-I - (19/09/2018) - MCA notifies Commencement of section 37 of Companies (Amendment) Act, 2017- Corresponding section of the Companies Act, 2013 for which is section 135 related to Corporate Social Responsibility. ...

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Companies (CSR) Amendment Rules, 2018

G.S.R...(E). - (19/09/2018) - MCA notifies Companies (Corporate Social Responsibility Policy) Amendment Rules, 2018 to amend to amend the Companies (Corporate Social Responsibility Policy) Rules, 2014 vide notification dated 19th September, 2018. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 19th ...

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MCA notifies sections 66 to 70 of Companies (Amendment) Act, 2017

S.O. __ (E) - (12/09/2018) - MCA vide notification dated 12.09.2018 notifies sections 66 to 70 (both inclusive) of Companies (Amendment) Act, 2017 and amended Section 196, 197, 198, 200 and 201 of the Companies Act, 2013. In pursuance of its policy of Minimum Government-Maximum Governance and providing Ease of Doing Business to...

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Companies (appointment and remuneration of managerial personnel) Amendment Rules 2018

G . S . R. - (12/09/2018) - MCA notifies Revised Form No. MR-2- Form of application to the Central Government for approval of appointment of managing director or whole time director or manager by notifying Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2018. Government of India Ministry of Co...

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MCA Amends Schedule V of Companies Act, 2013

S.O. .... (E). - (12/09/2018) - Central Government amends Schedule V of Companies Act, 2013 vide Notification dated 12th September, 2018 and amends Part I and Part II related to Conditions To Be Fulfilled For The Appointment Of A Managing Or Whole-Time Director Or A Manager Without The Approval Of The Central Government Appointmen...

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Recent Posts in "company law notifications"

MCA amends Section 135 (CSR) of Companies Act, 2013 wef 19.09.2018

File No. 1/1/2018-CL-I (19/09/2018)

MCA notifies Commencement of section 37 of Companies (Amendment) Act, 2017- Corresponding section of the Companies Act, 2013 for which is section 135 related to Corporate Social Responsibility. ...

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Companies (CSR) Amendment Rules, 2018

G.S.R...(E). (19/09/2018)

MCA notifies Companies (Corporate Social Responsibility Policy) Amendment Rules, 2018 to amend to amend the Companies (Corporate Social Responsibility Policy) Rules, 2014 vide notification dated 19th September, 2018. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 19th September, 2018 G.S.R…(E).- In exe...

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MCA notifies sections 66 to 70 of Companies (Amendment) Act, 2017

S.O. __ (E) (12/09/2018)

MCA vide notification dated 12.09.2018 notifies sections 66 to 70 (both inclusive) of Companies (Amendment) Act, 2017 and amended Section 196, 197, 198, 200 and 201 of the Companies Act, 2013. In pursuance of its policy of Minimum Government-Maximum Governance and providing Ease of Doing Business to the law-abiding Corporates of this coun...

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Companies (appointment and remuneration of managerial personnel) Amendment Rules 2018

G . S . R. (12/09/2018)

MCA notifies Revised Form No. MR-2- Form of application to the Central Government for approval of appointment of managing director or whole time director or manager by notifying Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2018. Government of India Ministry of Corporate Affairs NOTIFICATION New Delhi, ...

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MCA Amends Schedule V of Companies Act, 2013

S.O. .... (E). (12/09/2018)

Central Government amends Schedule V of Companies Act, 2013 vide Notification dated 12th September, 2018 and amends Part I and Part II related to Conditions To Be Fulfilled For The Appointment Of A Managing Or Whole-Time Director Or A Manager Without The Approval Of The Central Government Appointments and Remuneration. Government of India...

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MCA to revise Form BEN-1 and notify new due date of filing

General Circular No. 08/2018 (10/09/2018)

Form No. BEN-1 would be revised. As such, the due date of  10th September, 2018 for filing BEN-1 declaration would be revised and a revised BEN-l form would be notified shortly. General Circular No. 08/2018 F.No.01/01/2018-CL-V GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5th Floor, ‘A’ Wing Shastri Bhawan, Dr. R.P. Road. New D...

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MCA extends last date of filing Form BEN-2

General Circular No. 07/2018 (06/09/2018)

Time limit for filing the BEN-2 form would be 30 days from the date of deployment of BEN-2 e-form on the MCA-21 portal and no additional fee shall be levied if the same is filed within 30 days from the date of deployment of the said e-form. General Circular No. 07/2018 F.No.01/01/2018-CL-V GOVERNMENT OF INDIA […]...

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Designation of special court in Nagaland, Mizoram & Arunachal Pradesh for trial of Company Law offences

F.No. 01/12/2009-CL-I (Vol.IV) (05/09/2018)

Central Government designates Special Courts for the purposes of providing speedy trial of offences punishable with imprisonment of two years or more under the Companies Act, 2013 namely, Court of District and Sessions Judge at Kohima (Nagaland), Court of District and Sessions Judge at Aizawl (Mizoram), And West Session Division, Yupia ( ...

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Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2018

F.No. 01/22/2013 CL-V (Pt-III) (21/08/2018)

MCA has notified new format of Form No. DIR-3 KYC and extended due date of filing DIR-3 KYC from 31st August, 2018 to 15th September, 2018 vide Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2018....

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MCA notifies new provisions for Issue of shares on private placement basis

S.O. 3921(E) (07/08/2018)

MCA has notified revised Section 42 of Companies Act, 2013 related to Issue of shares on private placement basis by with effect from 7th August 2018 by notifying section 10 of Companies (Amendment) Act, 2017 vide Notification Dated 7th August, 2018. Government of India Ministry of Corporate Affairs Notification New Delhi , the 7th August,...

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