Corporate Law - MCA has issued General Circular No 2/2022 and 3/2022 in respect of clarification of holding of AGM & EGM through Video Conferencing (VC). ♦ MCA has first time issued circular vide No. 14/2020 on 08.04.2020 in respect of holding of EGM through Video Conferencing and Circular No. 20/2020 dated 05.05.2020 in respect of holding of [&hel...
Read MoreCorporate Law - MCA has discontinued on V2 portal and have been migrated to V3 portal. Version 2 of MCA portal was used to file various forms relating to Companies and LLP’s. MCA has not discontinued V2 portal and introduced V3 portal which is enhanced version of V2 portal. Articles contains FAQs related to MCA V2 and V3. […]...
Read MoreCorporate Law - eForm MR-2 – Form of application to the Central Government for approval of appointment or reappointment and remuneration or increase in remuneration or waiver for excess or over payment to managing director or whole time director or manager and commission or remuneration to directors. Part I – Law(s) Governing the eForm MR-2 Secti...
Read MoreCorporate Law - eForm Serious Complaints Form- Relating to removal/cessation of Director, Complaint of Serious Nature Fraud, Management Dispute, Financial Irregularities, Accounting Fraud etc. Part I – Overview of Serious Complaint Form A complainant can file a Serious Complaint eForm in the following cases by uploading a Serious Complain eForm avail...
Read MoreCorporate Law - eForm AoC-4 CFS NBFC (Ind AS) – Form for filing consolidated financial statement and other documents with the Registrar Part I – Law(s) Governing the eForm AoC-4 CFS NBFC (Ind AS) Overview Every NBFC (Ind AS) company having one or more subsidiaries is required to prepare the consolidated financial statements of the company and of ...
Read MoreCorporate Law - Members are advised to carry out verification of documents pertaining to directors/Key Managerial Personnel, witness to Memorandum of Association &: Articles of Association and verification of Registered Office strictly as per provisions of the Companies Act and LLP Act and Rules made thereunder....
Read MoreCorporate Law - While incorporating LLP in the new portal, there is no continuity in the application since we are expected to file a fresh FiLLiP application, even after RUN-LLP is approved. ...
Read MoreCorporate Law - MCA invites comments/suggestions on Report of Company Law Committee (2022) from all the stakeholders through e-Consultation Platform on the MCA website....
Read MoreCorporate Law - It has been brought to the notice of the Ministry that the various instances have been observed where it has been found that practicing members of ICSI are not carrying out due diligence and verification of document while incorporating a company or a LLP....
Read MoreCorporate Law - Version 3 of MCA21 is proposed to be launched and deployed in phases and will include Company and LLP Modules, e-Adjudication, e-Consultation, e-Book, Learning Management and Compliance Management System driven by data analytics, Artificial Intelligence and Machine Learning....
Read MoreKunhi Muhammed Etayattil Vs Asst. Registrar of Companies (Kerala High Court) - Kunhi Muhammed Etayattil Vs Asst. Registrar of Companies (Kerala High Court) HC remarked that,The facts of the case disclose a sorry picture of what can be described as a ‘system generated harassment’ aggravated by non application of mind by officials who leave everything to be dealt wit...
Read MoreFile No. 34/1/2019-R&A - (12/05/2022) - MCA invite research proposals under the scheme 'Funding for Research Studies on Corporate Governance” under EC with the primary objective of utilization of the repository of corporate sector data available with the Ministry under the MCA-21 e-governance system, explore and expand the scope of util...
Read MoreNotification No. S.O. 1199(E) - (17/03/2022) - Government hereby establishes a Tribunal consisting of the following persons to decide disputes in the matter of election to the Council of the Institute of Chartered Accountants of India held in December, 2021...
Read MoreGeneral Circular No. 01/2022 - (14/02/2022) - It has been further decided that no additional fees shall be levied upto 15.03.2022 for the filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL and upto 31.03.2022 for filing of e-forms MGT-7/MGT-7A in respect of the financial year ended on 31.03.2021 respectively. During the said perio...
Read MoreGeneral Circular No. 22/2021 - (29/12/2021) - 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...
Read MoreNotification No. G.S.R. 843(E) - (30/11/2021) - Section 28A of the Chartered Accountants Act, 1949 deals with Establishment of ICAI Quality Review Board. In accordance of the provisions of section 28A Central Government by notification No. G.S.R. 843(E) dated 30th November, 2021 appoints Ms. Shefali Shah as new Chairman of ICAI Quality Review...
Read MoreFile No. 34/1/2019-R&A - 12/05/2022
Notification No. S.O. 1199(E) - 17/03/2022