MCA - Page 2

Condonation Of Delay Scheme, 2018- A Breather for disqualified directors

Eligibility for Condonation Of Delay Scheme, 2018: Condonation Of Delay Scheme, 2018 is available to all the defaulting companies other than the companies which have been stuck off or whose names have been removed from the register of companies....

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Posted Under: Company Law |

Condonation of delay scheme, 2018: Process, Documents & Impact

ondonation of Delay Scheme 2018 is available for: Companies whose status is Active on MCA Portal. Condonation of Delay Scheme 2018 Scheme is not available for: Companies who are struck off or whose ame has been removed from the ROC u/s 285(5)...

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Posted Under: Company Law |

Registered Valuers : New Opportunity for CAs / CMAs / CS

Ministry of Corporate Affairs (MCA) has notified the provisions governing valuation by registered valuers [section 247 of the Companies Act, 2013 and the Companies (Registered Valuers and Valuation) Rules, 2017 (the Rules), both to come into effect from 18 October, 2017....

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Posted Under: Company Law |

Condonation of delay scheme, 2018 for defaulting companies and directors

1. Condonation of Delay Scheme 2018 is applicable to all the Annual returns forms and Form ADT-1. 2. Condonation of Delay Scheme 2018 shall come into force with effect from January 01, 2018 and shall remain in force up to March 31, 2018 i.e. for a period of three months....

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Posted Under: Company Law |

Companies (cost records and audit) Second Amendment Rules, 2017

G.S.R. 1526(E) (20/12/2017)

1. These rules may be called the Companies (cost records and audit) Second Amendment Rules, 2017. 2. In the Companies (cost records and audit) Rules, 2014 (hereinafter referred to as the principal rules), in rule 2, for clause (aa) the following clause shall be substituted and shall be deemed to have been substituted with effect from the ...

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No need to file PAN-TAN application in Form 49A/49B after filing SPICe e-forms: MCA

With effect from 6PM of 4th November 2017, stakeholders will NOT be required to upload signed 49A/49B using Submit application for PAN/TAN service, in respect of any fresh SPICe submission or Resubmission cases. PAN and TAN will continue to be issued as before based on the details submitted in the SPICe form itself. ...

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Posted Under: Company Law |

Govt. constitutes expert Group to look issues related to Audit firms

F. No. 17/112/2016-CL-V (30/09/2016)

Several audit firms have represented about adverse impacts on Indian audit firms due to the structuring of certain audit firms leading to circumvention of various regulations, manner in which auditor rotation requirements is being implemented by companies, and imposition of restrictive conditions by foreign investors with regard to audito...

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ROC Refund Form for requesting refund of fees paid

MCA has recently released e-REFUND form for making request for refund of Excess/Incorrect/Multiple ROC fees paid. In this article we have covered instructions and guide related to online filing of ROC REFUND FORM....

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Posted Under: Company Law |

Debentures Under Companies Act 2013- Legal Analysis

Debenture: The word ‘debenture’has been derived from a Latin word ‘debere’ which means to borrow. Debenture is a written instrument acknowledging a debt to the Company. It contains a contract for repayment of principal after a specified period or at intervals or at the option of the company and for payment of interest at a fixed r...

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Posted Under: Company Law |

NCLT and NCLAT Constitution impact Functioning

The Tribunal shall consist of a President and such number of Judicial and Technical Members as may be required. The Principal Bench shall be located at New Delhi which shall be presided over by the President. The powers of the Tribunal shall be exercised by Benches (which shall be notified by the Central Government) consisting of two memb...

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Posted Under: Company Law |

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