ministry of corporate affairs

How To Submit Form Spice Part B on MCA V3

Company Law - In this editorial author shall discuss the questions and step by step process of Resubmit or submission of Spice Part B if name approved in V2 portal. Que 1: If Name approved in V2 portal. Whether Spice Part B for the same can be file on V3 Portal? (DG) Ans 1: It is allowed to […]...

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MCA issues updated FAQs on V3 Portal

Company 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. […]...

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Analysis of Union Budget 2021-22

Company Law - On 29 Jan. 2021, the current Budget Session was presented by Prime Minister Narendra Modi to satisfy the political dissidents' desires. To deal with COVID-19 induced lockdowns, several mini-budget-like packages were announced last year....

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Views on Enhancing Audit Independence & Accountability

Company Law - In this article author gives his views on the Consultation Paper with Justification to Examine the Existing Provisions of Law and Make Suitable Amendments therein to Enhance Audit Independence and Accountability...

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MCA’s revised framework on Debenture Redemption Reserve: A relaxation or confusion?

Company Law - Precedents of issue of debentures in India The requirement of creation of a Debenture Redemption Reserve is unique to India and is globally unheard of. This was inserted in India around the year 1998 in pursuance of recommendation of Committee formed under the chairmanship of Justice D.R. Dhanuka. Apparently, the very motivation for havin...

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Step by Step Process for DSC Registration on MCA21-V3 Portal

Company Law - > Download EMSIGNER and EMBRIDGE BOTH for DSC registration on MCA21-V3 Portal. > Change PIN/ Password of the DSC (For First Time Association under this Service). > For Professionals, Directors, Designated Partners, Manager, Secretary, Authorized Representatives, Professional Staff Members, registration as a ‘BUSINESS USER&#...

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ICSI Advisory to ensure Due Diligence While Incorporating a Company or LLP

Company 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....

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Difficulties in the Use of MCA21 Version 3.0

Company 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. ...

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MCA invites Comments on Report of Company Law Committee (2022)

Company Law - MCA invites comments/suggestions on Report of Company Law Committee (2022) from all the stakeholders through e-Consultation Platform on the MCA website....

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ICSI members not forming LLP with due diligence: MCA

Company 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....

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Govt establishes Tribunal to decide disputes in election to ICAI Council

Notification 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...

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Draft Cost and Works Accountants (Amendment) Regulations, 2021.

Notification No. CWR (1) 2021 - (13/08/2021) - Regulation 111D : A member in practice may form multi-disciplinary firm with the member of other professional bodies as prescribed under Regulations 111B and 111C in accordance with the regulating guidelines of the Council for functioning and regulation of such multidisciplinary firm....

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Clarification on spending of CSR funds for COVID-19 vaccination

General Circular No. 13/2021 - (30/07/2021) - Spending of CSR funds for COVID-19 vaccination for persons other than the employees and their families, Is an eligible CSR activity under item no. (i) of Schedule VII of the Companies Act, 2013 relating to promotion of health care including preventive health care and item no. (xii) relating to disas...

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Companies (Creation and Maintenance of data bank of Independent Directors) Amendment Rules, 2021

Notification No. G.S.R. 418(E) - (18/06/2021) - In case of delay on the part of an individual in applying to the institute under sub-rule (7) for inclusion of his name in the data bank or in case of delay in filing an application for renewal thereof, the institute shall allow such inclusion or renewal, as the case may be, under rule 6 of the Comp...

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MCA allows Board Meeting via Video Conferencing permanently

G.S.R. 409(E) - (15/06/2021) - Ministry of Corporate Affairs (MCA) has, vide its Notification dated June 15, 2021, notified the amendment in Companies (Meetings of Board and its Powers) Rules, 2014. The said amendment has been notified to delete the provision related to restriction of conducting Board Meeting through Video Confer...

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Recent Posts in "ministry of corporate affairs"

How To Submit Form Spice Part B on MCA V3

In this editorial author shall discuss the questions and step by step process of Resubmit or submission of Spice Part B if name approved in V2 portal. Que 1: If Name approved in V2 portal. Whether Spice Part B for the same can be file on V3 Portal? (DG) Ans 1: It is allowed to […]...

Read More
Posted Under: Company Law |

Step by Step Process for DSC Registration on MCA21-V3 Portal

> Download EMSIGNER and EMBRIDGE BOTH for DSC registration on MCA21-V3 Portal. > Change PIN/ Password of the DSC (For First Time Association under this Service). > For Professionals, Directors, Designated Partners, Manager, Secretary, Authorized Representatives, Professional Staff Members, registration as a ‘BUSINESS USER&#...

Read More
Posted Under: Company Law | ,

MCA issues updated FAQs on V3 Portal

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 More
Posted Under: Company Law |

ICSI Advisory to ensure Due Diligence While Incorporating a Company or LLP

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 More
Posted Under: Company Law | ,

Difficulties in the Use of MCA21 Version 3.0

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 More
Posted Under: Company Law | ,

MCA invites Comments on Report of Company Law Committee (2022)

MCA invites comments/suggestions on Report of Company Law Committee (2022) from all the stakeholders through e-Consultation Platform on the MCA website....

Read More
Posted Under: Company Law |

ICSI members not forming LLP with due diligence: MCA

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 More
Posted Under: Company Law | ,

Govt establishes Tribunal to decide disputes in election to ICAI Council

Notification 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 More

Finance Minister chairs Pre-Budget consultation with State Finance Ministers

Finance Minister Smt. Nirmala Sitharaman chairs Pre-Budget consultation with Finance Ministers of States Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaired the pre-budget consultations with the Finance Ministers of States and Union Territories (with Legislature) for Union Budget 2022-23 here today. The mee...

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Posted Under: Company Law |

MCA signs MOU for data exchange with FIU-India

Ministry of Corporate Affairs and Financial Intelligence Unit-India sing MoU for data exchange between the two organisations A formal Memorandum of Understanding (MOU) was signed today between the Ministry of Corporate Affairs (MCA) and Financial Intelligence Unit-India, Ministry of Finance for data exchange between the two organizations...

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Posted Under: Company Law |

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