Company Law - MCA issued General Circular No. 03/2023 on 07th Feb 2023 subject to extension for time of filing of 45 company e-forms and PAS-03 in MCA 21 without additional fees. This circular is in continuation of General Circular No 01/2023 dated 09.01.2023 (in which MCA has already given extension of 15 days from due date if […]...
Read MoreCompany Law - The MCA vide its Notification No. G.S.R. 715(E) dtd. 20th September, 2022, has notified Companies (CSR Policy) Amendment Rules, 2022 to amend the provisions of Companies (CSR Policy) Rules, 2014. The amended provisions shall come into force on the date of its publication in the Official Gazette i.e., 21st September, 2022. Sr. No. Amendmen...
Read MoreCompany Law - Clarification on spending of CSR funds for “Har Ghar Tiranga” campaign by MCA vide general circular No 08/2022 dated 26/07/2022 The Ministry of Corporate affairs has issued a general circular dated 26/07/2022 permitting the companies to spend their CSR funds for activities related to the ‘Har Ghar Tiranga’ campaign...
Read MoreCompany Law - (A) Income tax Act, 1961 1. CBDT has notified the rules and forms for registration/approval of fund/ trust / institutions — Notification No. 19/2021 dated 26th March 2021 2. CBDT has further extended due date for issue of notice of reassessment, passing of assessment order, filing of equalization levy statement and linking of Aadhaar...
Read MoreCompany Law - 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...
Read MoreCompany Law - The Ministry of Corporate Affairs (MCA) on January 20, 2023 inline with the Migration of forms from its V2 Portal to V3 Portal, issued the Companies (Appointment and Qualification of Directors) Amendment Rules, 2023 (Rule) which is effective from January 23, 2023 amending the Rule 14 of the Companies (Appointment and Qualification of Dire...
Read MoreCompany Law - Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India 16th August, 2022 ANNOUNCEMENT Sub: Amendment in the Companies (Accounts) Rules, 2014 relating to availability of books of account and other relevant books and papers maintained in electronic mode at all times and also details of person in ...
Read MoreCompany Law - The company has received a remittance of Rs. 50,00,000 from its subscriber on 17.05.2021 in its bank account towards share capital contribution for subscription of equity shares of the company and the Board vide its resolution dated 18.05.2021 given its approval for issuance of share certificates to the subscribers to the Memorandum of As...
Read MoreCompany Law - 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...
Read MoreCompany 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 (...
Read MoreSuo 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...
Read MoreNotification No. ROC/D/ADJ/Section 42/ALPUR/1324 to 1329 - (22/03/2023) - In terms of the proviso to the Section 42(4), company shall not utilise monies raised through private placement unless allotment is made and return of allotment is filed with the Registrar in accordance with sub-section (8). However, the company has admitted in its letter dated 18.11.2022 that it ha...
Read MoreS.O. 1269(E) - (17/03/2023) - Central Government hereby establishes a Centre for Processing Accelerated Corporate Exit (C-PACE). C-PACE shall be located at Indian Institute of Corporate Affairs (IICA), Plot No. 6, 7, 8, Sector 5, IMT Manesar, District Gurgaon (Haryana), Pin Code - 122050....
Read MoreNo. ROC/2023/AXIS PIGMENTS /PENALTY ORDER/ 1242-1245 - (16/03/2023) - During inspection, the 1.0 physically visited the registered office of the company on 09.08.2019 and found that company had not affixed or paint its name in conspicuous position accordance to the provisions of Section 12(3)(a) which shows that company has made the violation of section 12(3)(a) of th...
Read MoreRoCP/ADJ/ order/ 118/ 22-23/ KUDOS/2418 to 2423 - (10/03/2023) - The applicant company and its officers, who have defaulted the provisions of section 118(10) of the Act for not numbering Board Meeting and the pages in the minute book of the company and Minutes book are not signed by the Chairman, further, the minute book of the Company is not paginated at all....
Read MoreF.No. Roc/Chn/TBF/S.118/Adj/2022 - (09/02/2023) - Board of Director's Report serial number of meetings, date of meeting. However, place, time, number and mode of meetings have not been furnished. Hence, requirements of section 118(10) read with SS -1 has not been complied with....
Read MoreNotification No. ROC/D/ADJ/Section 42/ALPUR/1324 to 1329 - 22/03/2023
S.O. 1269(E) - 17/03/2023
No. ROC/2023/AXIS PIGMENTS /PENALTY ORDER/ 1242-1245 - 16/03/2023
RoCP/ADJ/ order/ 118/ 22-23/ KUDOS/2418 to 2423 - 10/03/2023
F.No. Roc/Chn/TBF/S.118/Adj/2022 - 09/02/2023
F.NO.ROC/CHN/KANDAN/ADJ Order/S.134(3)(q)/2022 - 08/02/2023
Order No. ROC/D/Adj/Order/Sec.118/Lava/2023/ 1061-1068 - 07/03/2023
Order No. ROC/D/Adj/Order/Sec.118/II/Lava/2023/1052-1059 - 07/03/2023
Notification No. ROC/D/ADJ/Section 42/ ANBRONICA/ 964-967 - 01/03/2023
No. ROC-cum-OL- C.G. /ADJ/u/s 232(7)/009167/2022-23 /2834 to 2837 - 24/02/2023