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Analysis of Notifications and Circulars for Week ending 11th August 2024

CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....

August 13, 2024 387 Views 0 comment Print

CSR Non-Compliance: Penalty Under Section 135 – AECOM India Case

Company Law : Explore penalty order under Sec. 135 of Companies Act, 2013 on AECOM India for CSR non-compliance. Learn consequences, key takeawa...

January 16, 2024 2103 Views 0 comment Print

Penalty imposed by ROC for non-compliance of Section 89 of Companies Act, 2013

Company Law : Explore penalties imposed on Mynd Fintech under Section 89 of Companies Act, 2013 by ROC, NCT of Delhi & Haryana. Understand impli...

January 16, 2024 1656 Views 0 comment Print

Unveiling Professional Misconduct: NFRA’s Order on Seya Industries Limited’s Statutory Audit

Company Law : The Order No. 002/2024 Date: 05.01.2024, centered around CA Anil Chauhan, the Engagement Partner (EP) of Anil Chauhan & Associates...

January 11, 2024 921 Views 0 comment Print

Director’s Dual DIN Violation: Unveiling Penalties and Implications under Companies Act, 2013

Company Law : Section 155 of Companies Act, 2013, prohibits possession of multiple DINs by any individual director. In this article, we will ana...

July 31, 2023 2748 Views 0 comment Print


Latest News


Implementation and Status of MCA21 e-Governance Programme

Company Law : Explore the latest status of the MCA21 e-Governance program, Certified Filing Centres in Haryana, impact on corporate filings, and...

August 6, 2024 270 Views 0 comment Print

Simplified Company Exit: C-PACE Cuts Processing Time

Company Law : Discover how C-PACE accelerates the company exit process from 2 years to under 90 days, streamlining operations and reducing backl...

August 6, 2024 294 Views 0 comment Print

Issues in filing of return in Form DPT-3 for financial year ending 31.03.2024

Company Law : Discover the challenges faced by the Institute of Company Secretaries of India in filing Form DPT-3 for FY 2023-24. Learn about te...

June 28, 2024 150 Views 0 comment Print

IEPFA Seeks Feedback to Enhance Claims Settlement Process

Company Law : IEPFA invites stakeholders to share insights on streamlining claims settlement process under the Companies Act, 2013. Deadline: Ap...

March 16, 2024 456 Views 0 comment Print

ICSI urges to allow CS in practice to be independent director of a company  

Company Law : ICSI requests amendments to Sections 204 & 149(6)(e)(ii)(A) of Companies Act,, to enable Company Secretaries in practice to be Ind...

September 8, 2023 3705 Views 1 comment Print


Latest Judiciary


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

Corporate Law : That the period of lockdown ordered by the Central Government and the State Governments including the period as may be extended ei...

March 30, 2020 1260 Views 0 comment Print


Latest Notifications


Delay in filing of e-Form MGT-6: MCA imposes Penalty of ₹13 Lakh

Company Law : RGPL Commodities Pvt Ltd faces penalties under Section 89(6) of the Companies Act, 2013 for delayed filing of e-Form MGT-6. Total ...

August 16, 2024 18 Views 0 comment Print

520 days delay in filing BEN-2 form: MCA imposes Penalty

Company Law : GM Elektra Pvt Ltd fined ₹1,88,500 by ROC Mumbai for delayed filing of BEN-2 under Section 90 of the Companies Act, 2013. Direct...

August 16, 2024 15 Views 0 comment Print

Company Caried on business not mentioned in MOA: MCA imposes Penalty

Company Law : Registrar of Companies penalizes Paramount Dye Tec Limited for not disclosing trading activity in its MOA, violating Section 4(1)(...

August 16, 2024 12 Views 0 comment Print

Non-passing of Special Resolution before raising loan: MCA Imposes Penalty

Company Law : Penalty imposed on Singodwala Warehousing for non-compliance with Section 62(3) of Companies Act. Fine details and appeal process ...

August 16, 2024 15 Views 0 comment Print

Significant Beneficial Owner Rules Violation: MCA imposes Penalty

Company Law : MBL Infrastructure Ltd. faces scrutiny under Section 90 of the Companies Act for non-compliance. Details on adjudicating officer's...

August 16, 2024 21 Views 0 comment Print


Relaxation on levy of additional fees in filing of Annual ROC forms

December 29, 2021 16155 Views 0 comment Print

Relaxation on levy of additional fees in filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL and MGT-7/MGT-7A for financial year ended on 31.03.2021

Clarification on holding of AGM through VC or OAVM

December 14, 2021 5352 Views 0 comment Print

It has also been decided to allow the companies who are proposing to organize AGMs in 2022 for the Financial Year ended/ending any time before/on 31.03.2022 through VC or OAVM as per the respective due dates by 30th June, 2022

MCA clarifies on passing of Ordinary & Special resolutions by companies

December 8, 2021 4590 Views 0 comment Print

Clarification on passing of Ordinary and Special resolutions by the companie– MCA clarifies that it has allowed companies to conduct their EGMs through Video Conference (VC) or Other Audio Visual Means (OAVM) or transact items through postal ballot in accordance with framework provided in the aforesaid Circulars up to 30th June, 2022. All other requirements […]

MCA to take action against companies not adhering to timelines for AGM

December 8, 2021 3267 Views 0 comment Print

MCA clarified that companies which have not adhered to relevant timelines for holding of AGM shall be liable to legal action under the provisions of Companies Act, 2013.

ROC Imposes 1.5 Crore Penalty for Violation of section 42 of Companies Act, 2013

November 24, 2021 12891 Views 0 comment Print

As per the provisions of Sub-Section (10) of Section 42 of Companies Act, 2013, if a company makes an offer or accepts monies In contravention of this section, the company, its promoters and directors shall be liable for a penalty which may extend to the amount Involved In the offer or Invitation or two crore […]

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

November 10, 2021 2802 Views 0 comment Print

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 month of October, 2021. Ministry of Corporate […]

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

November 9, 2021 8448 Views 1 comment Print

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

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

November 3, 2021 11607 Views 0 comment Print

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 Additional […]

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

September 27, 2021 11037 Views 0 comment Print

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.

Tenure of Company Law Committee extended till 16.09.2022

September 23, 2021 531 Views 0 comment Print

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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