Company Law : The scheme provides a last opportunity for defaulting companies to file pending returns and financial statements with reduced pena...
Company Law : This guide explains the mandatory conditions, documentation, and procedural steps for converting a partnership into a company. It ...
Company Law : The case examined whether extending redemption timelines amounts to reissuance. The Tribunal held that extensions within statutory...
Company Law : MCA has confirmed that extension of annual filing timelines till 31st December 2025 does not extend statutory deadline for holding...
Company Law : A guide to issuing bonus shares for private companies under the Companies Act, 2013, covering legal frameworks, procedural steps, ...
Company Law : The initiative addresses inefficiencies in the current filing system and proposes consolidation and automation. It highlights a sh...
Company Law : NFRA found major deficiencies in audit documentation and archival practices. The report highlights the need for stronger controls ...
Company Law : The inspection report highlights deficiencies in audit documentation, independence monitoring and compliance with auditing standar...
Company Law : The regulator found that the audit firm lacked an effective monitoring mechanism to ensure firmwide independence policies were pro...
Company Law : NFRAs inspection found gaps in audit documentation, revenue testing, and risk assessment practices, stressing the need for stronge...
Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...
Corporate Law : That the period of lockdown ordered by the Central Government and the State Governments including the period as may be extended ei...
Company Law : ROC Chennai penalised a company and its director for failing to disclose PAN and e-mail IDs of allottees in Form PAS-3. The order ...
Company Law : ROC Chennai penalised a Nidhi company and its directors for incomplete allottee disclosures in Form PAS-3. The order clarifies tha...
Company Law : ROC Chennai penalised a Nidhi company and its directors for filing incomplete allottee details in Form PAS-3. The ruling clarifies...
Company Law : ROC Chennai penalised a company and its director for filing Form MGT-7 more than 500 days late under Section 92 of the Companies A...
Company Law : ROC Chennai penalised a company and its director for delayed filing of Form MGT-14 relating to approval of financial statements an...
(1) These rules may be called the Companies Directors Identification Number (Third Amendment) Rules, 2012. (2) They shall some into force with effect from 25.12.2012.2. In the Companies (Directors Identification Number) Rules, 2006, In Form DIN – 4, the certification column after serial no. 17, the following 2nd para of the certification in Form DIN-4 shall be substituted, namely:-
(1) These rules may be called the Companies Directors Identification Number (Third Amendment) Rules, 2012. (2) They shall come into force with effect from 25.12.2012 2. In the Companies (Directors Identification Number) Rules, 2006, in Annexure ‘A’ for Form DIN-1, the following Form of DIN-1 shall be substituted, namely:-
Rule 20G(1) of Companies (Central Government’s) General Rules and Forms (Second Amendment), 2010 allows for filing of an application for rectification of mistakes made while filing Form No.1, Form No.lA and Form No.44 electronically, on the Ministry’s website.
Central Government hereby delegates its powers under sections 388B, 3880 and 388E of the said Act in relation to banking companies falling within the purview of the Banking Regulation Act, 1949 (10 of’1949), to the Reserve Bank of India subject to condition that the Central GovernMent may -revoke such delegation of powers or may itself exercise the powers under the said sections, if, in its opinion, such a course of action is necessary in the public interest.
Government of India, Ministry of Corporate Affairs Notification New Delhi, Dated 21/12/2012 S.O. 2977(E) – In pursuance of clause (39) of section 2 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following further amendment in the notification of the Government of India in the erstwhile Ministry of Industry (Department […]
(1) These rules may be called the Companies (Central Government’s) General Rules and Forms (Seventh Amendment) Rules, 2012. (2) These rules shall come into force with effect from the 23rd December, 2012. 2. In the Companies (Central Government’s) General Rules and Forms, 1956, in Annexure ‘A’ for Form 23C, the following Form shall be substituted, namely:-
Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode for the financial year commencing on or after 01.04.2011- Corrigendum to General Circular No: 39/2012.
However, in case of change of name of an existing LLP, NOC from the concerned regulator shall be obtained at the time of making application for name approval because change of name of LLP is made by filing Form 5 through STP mode.
In continuation of the Ministry’s General Circular Nos: 16/2012 dated 06.07.2012 and 34/2012 dated 25.10.2012 on the subject cited above, it is stated that the time limit to file the financial statements in the XBRL mode without any additional fee/penalty has been extended up to 15th January 2013 or within 30 days from the date of AGM of the company, whichever is later.
Provided further that notwithstanding anything contained in regulation 7, it shall be lawful for the Chairman to inter-se transfer any matter pending before a Regional Bench to any other Regional Bench or to the Principal Bench either at the joint request of the parties or for other reasons to be recorded in writing
