Company Law : The article highlights how companies completed PAS-3 filings but failed to maintain critical Right Issue documentation such as off...
Company Law : The transition to the new MCA portal disrupted statutory filings due to login, DSC, and payment failures. The key takeaway is that...
Company Law : MCA V3 launches revised MGT-7 for FY 2024-25. PAN, Folio, and validation sheet are mandatory for shareholders; external Excel use ...
Company Law : MCA has updated annual forms MGT-7A and AOC-4 with new requirements for business activity codes, registered office details and sha...
Company Law : A summary of the new MGT-7 annual return form on the MCA's V3 portal, detailing the shift to a web-based system, new disclosure re...
Company Law : MCA has cautioned stakeholders against phishing calls, WhatsApp messages, emails, fake websites, and ZIP attachments impersonating...
Company Law : ICSI has requested the MCA to grant compliance relaxations following technical disruptions caused by the Data Centre fire. The pro...
Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...
Company Law : ICSI recommended restoring public access to basic company master data without mandatory login requirements. The representation sta...
Company Law : The update addresses repetitive annual KYC filings for directors. It allows filing once every three years, significantly reducing ...
Company Law : Penalty imposed on Sh. Laxit Awla under Section 165 of Companies Act, 2013, for exceeding directorship limits. Details on violatio...
Corporate Law : The MCA has introduced temporary relief measures extending name reservation validity and e-form resubmission deadlines affected by...
Company Law : MCA has allowed companies to file Form DPT-3 for FY 2025-26 without additional fees until 31 July 2026 due to disruptions caused b...
Company Law : ROC Mumbai penalized a director after Form AOC-4 contained an incorrect AGM due date. The order emphasizes that directors are resp...
Company Law : ROC Mumbai imposed a penalty after finding that an individual held two Director Identification Numbers in violation of Section 155...
Company Law : ROC Mumbai penalized a Whole Time Director for filing Form DIR-12 with an incorrect CFO appointment date. The order reiterates tha...
The Ministry of Corporate Affairs has issued clarification on loan to Public Limited Companies under Section 295 of the Companies Act. A circular issued by the Ministry in this regard says that it has come to the notice of the Ministry that some Companies are making applications for getting prior approval of Central Government when they propose to make any loan to, or give any guarantee or provide any security in connection with a loan made by any person to a Public Limited Company of which any such Director is a Director or a member even when the proposal does not fall under Section 295 (d) and Section 295 (e) of the Companies Act 1956.
06 Months Training at Registrar of Companies/ Official Liquidator/Regional Directors – Ministry of Corporate Affairs has agreed to provide part of training( 6 Months ) of 15 Months training in its various offices RD/ROC/OL at the stipend of Rs. 10000/ and Rs. 7000/- per month for Professional Pass and Executive Pass students respectively.
On 1 April 2011, the Ministry of Corporate Affairs (MCA) in India posted a circular on its website mandating a certain class of companies (Phase 1) to file balance sheets and profit and loss accounts for the year 2010-11 onwards by using eXtensible Business Reporting Language (XBRL). The financial statements required to be filed in XBRL format will be based upon the taxonomy on XBRL developed for the existing Schedule VI and non-converged accounting standards notified under the Companies (Accounting Standards) Rules, 2006 (as amended).
No suo-moto investigation is being carried out by the Ministry of Corporate Affairs into telecom companies involved in 2G Spectrum case within the Provisions of the Companies Act 1956. However, clarification and/or information are provided as and whe
You may have come across a headline in one of the National newspapers on the sixty first Republic Day this year which I quote “There is a limit how much RBI can do”. It is in response to the strategy RBI is likely to adopt to tackle rising inflation
Section 212 of the Companies Act, 1956 requires holding companies to attach with their balance sheet a copy of the balance sheet, profit and loss account etc of each of its subsidiaries. In recent years, with the globalization of the Indian economy,
Thirty-nine entities, barred from stock markets by Sebi last week for circular trading, may also face inspection by the Ministry of Corporate Affairs (MCA) for possible anomalies in their balance sheets.
D K Mittal, a 1977 batch IAS officer of UP cadre, has been appointed as the Secretary of the Ministry of Corporate Affairs today. Mittal will replace R Bandyopadhyay who retired today. At present, Mittal is the Additional Secretary in the Departmen
Shri R. P. N. Singh assumed the charge of the Minister of State for Corporate Affairs here today at Shastri Bhawan. Secretary of the Ministry, Shri R. Bandyopadhyaya, and other senior officers of the Ministry of Corporate Affairs were present on the
Last year, the Prime Minister’s Office had asked the Ministry of Corporate Affairs for further consultations. “PMO had desired that we do further consultations (with the industry). The additional consultations which we were called for are over and we
