Companies Act 2013 - Page 19

ROC Jammu-Jurisdiction of Adjudication of Penalties-UT of J&K & Ladakh

Notification No. S.O. 3956(E) (30/10/2019)

Registrar of Companies-cum‑ Official Liquidator, Jammu have Jurisdiction for Adjudication of Penalties under Companies (Adjudication of Penalties) Rules, 2014, over Union territory of Jammu and Kashmir and Union territory of Ladakh. Ministry of Corporate Affairs Notification New Delhi, the 30th October, 2019 S.O. 3956(E)._ In exercise o...

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ROC Jammu has Jurisdiction of UT of JK and UT of Ladakh

Notification No. S.O. 3955(E) (30/10/2019)

Registrar of Companies Jammu shall have jurisdiction in respect of Union territory of Jammu and Kashmir and Union territory of Ladakh, for the purpose of registration of companies and discharging the functions under the Companies Act, 2013. MINISTRY OF CORPORATION AFFAIRS NOTIFICATION New Delhi, the 30th October, 2019 S.O. 3955(E).— In ...

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Managerial Remuneration provisions under Companies Act, 2013

Although there are many laws governing wages of blue collar workers, there is no specific law for remuneration or salary of top managerial level personnel. The Managerial personnel are generally paid on the basis of their experience and their worth to management, so their remuneration package are generally high and consist of other perqui...

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Posted Under: Company Law |

CSR is a true manifestation of Bapu’s Trusteeship Philosophy: President of India

CSR is a true manifestation of Bapu’s Trusteeship Philosophy: President of India. President of India Confers First National Corporate Social Responsibility (CSR) Awards for outstanding contributions in the area of CSR. Companies indulged in CSR activities are wealth creators, says Finance Minister...

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Posted Under: Company Law |

MCA extends due date for filing Annual ROC Returns

General Circular No. 13/2019 (29/10/2019)

MCA extends the due date for filing of financial statements for the financial year ended 31.03.2019 in e-forms AOC-4, AOC (CFS) AOC-4 XBRL upto 30.11.2019 and e-form MGT-7 upto 31.12.2019, by companies without levy of additional fee vide General Circular No. 13/2019 Dated: 29.10.2019. General Circular No. 13/2019 F.No. 01/34/2013 CL-V Gov...

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NCLAT allows extension of Time to Complete Insolvency resolution process

M/s. Alpha Corp Development Pvt. Ltd. Vs M/s. Earth Infrastructure Ltd. (NCLAT, Delhi)

M/s. Alpha Corp Development Pvt. Ltd. Vs M/s. Earth Infrastructure Ltd. (NCALT) In terms of third proviso of sub-section (3) of Section 12, as we find that the ‘Corporate Insolvency Resolution Process’ of the ‘Corporate Debtor’ is pending and has not been completed within the period referred to in the second proviso, we hold that ...

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Posted Under: Company Law | |

Independent Directors to Pass Online MCA Test with 60% Marks

60% Marks To Pass Online Test…A Step To Curb Fake Appointments of Independent Directors..? Recently on October 22, 2019 the Ministry of Corporate Affairs has came out with a much awaited Notification Concerning Appointments and Qualification of Independent Directors and notified Companies (Appointment and Qualification of Directors)...

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Posted Under: Company Law |

NCLT cannot direct probe by SFIO into affairs of Company of defrauding creditors & others

Mr. Lagadapati Ramesh Vs Mrs. Ramanathan Bhuvaneshwari (NCLAT Delhi)

Mr. Lagadapati Ramesh Vs Mrs. Ramanathan Bhuvaneshwari (NCLAT Delhi) Section 212 does not empower the National Company Law Tribunal or the Adjudicating Authority to refer the matter to the Central Government for investigation by the ‘Serious Fraud Investigation Office’ even if it notices the affairs of the Company of defrauding the cr...

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Posted Under: Company Law | |

Last date of form IEPFA-1A & IEPF-2 filing extended

General Circular No. 11/2019 (25/10/2019)

MCA  waives the additional fee payable by companies on filing form IEPF-1A upto 31.12.2019 and form IEPF-2 (for the purpose of filing Statement of unclaimed and unpaid amounts) upto 30.11.2019 vide General Circular No. 11/2019 Dated: 25.10.2019....

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MCA extends Last date of filing of CRA-4 (cost audit report)

General Circular No. 12/2019 (24/10/2019)

MCA extends the last date for filing of CRA-4 (cost audit report) for all eligible companies for the FY 2018-19, without payment of additional fee till 31st December, 2019 vide General Circular No. 12/2019 Dated:- 24th October, 2019....

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