ministry of corporate affairs

MCA provides Much Needed relaxation on RUN

Company Law - We all know that after incorporation of RUN Service (Reserve Unique Name), an applicant seeking reservation of name for a proposed Company or an Existing Company seeking to change its name has to apply for reservation through RUN Service only....

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

Company Law - 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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Condonation of delay scheme, 2018: Process, Documents & Impact

Company Law - 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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Registered Valuers : New Opportunity for CAs / CMAs / CS

Company Law - 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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Condonation of delay scheme, 2018 for defaulting companies and directors

Company Law - 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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Mandatory Annual KYC of all Directors of all companies

Company Law - As part of updating its registry, MCA is conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC . DIR-3 KYC is been notified vide Companies(Appointment and Qualification of Directors) Fourth Amendment Rules, 2018 dated 5th July 2018 and would be made available shortly for filing purposes. While filing...

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

Company Law - 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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‘Task Force on Shell Companies’ for effectively tackling malpractices

Company Law - With a view to have consolidated relevant information at one place and based upon inputs from all law enforcement agencies, the Serious Fraud Investigation Office under the Ministry of Corporate Affairs has undertaken the exercise of preparing comprehensive digital database of shell companies and their associates that were identified by v...

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ICAI invites feedback and improvement ideas to improve MCA Services

Company Law - ICAI Request to give feedback and improvement ideas in the present service delivery of the Ministry of Corporate Affairs as desired by National Productivity Council (NPC). ...

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MCA releases Induction material corrected up to 31.03.2017

Company Law - The Department of Company Affairs was first constituted in 1950s. It remained either a Department or a part of Ministry of Law, Ministry of Finance or Ministry of Commerce till 2004. It became a Ministry in 2004 and acquired its present name in May 2007...

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MCA constitutes Committee to review offences under Companies Act, 2013

F. No. 2/1/2018-CL.V - (13/07/2018) - Ministry of Corporate Affairs (MCA) has constituted a 10 Member Committee, headed by the Secretary of Ministry of Corporate Affairs, for review of the penal provisions in the Companies Act, 2013 may be setup to examine ‘de-criminalisation’ of certain offences....

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Suggestions invited on draft on Cross-Border Insolvency

Insolvency Section File No. 30/27/2018 - (20/06/2018) - The Ministry of Corporate Affairs (MCA), Government of India, invites comments and views from stakeholders on introductory note and draft on Cross-Border Insolvency. The MCA is keen to introduce a globally accepted and well-recognised cross-border insolvency framework, fine-tuned to suit the needs o...

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MCA Revises Document Filing & Company Incorporation fees WEF 26.01.2018

Notification No. G.S.R. 48(E) - (20/01/2018) - In exercise of the powers conferred by sections 396, 398, 399, 403 and 404 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Registration Offices and Fees) Rules, 2014, na...

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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 hav...

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Procedure for insertion of New Director Name from back end

ROCH/SEC167(3)/2017 - (17/10/2017) - Request letter signed by the Promoters/shareholders of the company explaining the facts and requesting for insertion of at least one director through back end of the MCA portal with the following attachments. ...

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Recent Posts in "ministry of corporate affairs"

MCA constitutes Committee to review offences under Companies Act, 2013

F. No. 2/1/2018-CL.V (13/07/2018)

Ministry of Corporate Affairs (MCA) has constituted a 10 Member Committee, headed by the Secretary of Ministry of Corporate Affairs, for review of the penal provisions in the Companies Act, 2013 may be setup to examine ‘de-criminalisation’ of certain offences....

Read More

Mandatory Annual KYC of all Directors of all companies

As part of updating its registry, MCA is conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC . DIR-3 KYC is been notified vide Companies(Appointment and Qualification of Directors) Fourth Amendment Rules, 2018 dated 5th July 2018 and would be made available shortly for filing purposes. While filing...

Read More
Posted Under: Company Law |

Suggestions invited on draft on Cross-Border Insolvency

Insolvency Section File No. 30/27/2018 (20/06/2018)

The Ministry of Corporate Affairs (MCA), Government of India, invites comments and views from stakeholders on introductory note and draft on Cross-Border Insolvency. The MCA is keen to introduce a globally accepted and well-recognised cross-border insolvency framework, fine-tuned to suit the needs of aspirational Indian economy. The Gover...

Read More

MCA provides Much Needed relaxation on RUN

We all know that after incorporation of RUN Service (Reserve Unique Name), an applicant seeking reservation of name for a proposed Company or an Existing Company seeking to change its name has to apply for reservation through RUN Service only....

Read More
Posted Under: Company Law |

MCA Revises Document Filing & Company Incorporation fees WEF 26.01.2018

Notification No. G.S.R. 48(E) (20/01/2018)

In exercise of the powers conferred by sections 396, 398, 399, 403 and 404 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Registration Offices and Fees) Rules, 2014, namely...

Read More

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....

Read More
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)...

Read More
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....

Read More
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....

Read More
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 ...

Read More
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