ROC news

ICSI request MCA to waive additional fees for delay in form filing

Since the stakeholders are still facing difficulties in accessing the MCA portal and filing of e-forms resulting in delayed filing of e-forms, we request you to further relax the additional fee payable on e-forms which are due for filing by companies between May 01, 2016 and the date by which the normal functioning of the MCA site is rest...

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Posted Under: Company Law |

80,000 companies in Northern India are 'defaulters' – MCA

Asserting that Companies that have not filed annual returns and balance sheet to Ministry of Corporate Affairs (MCA) for past five years have been put on notice, a senior official of MCA today said there were 80,000 such companies in Northern India. ...

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Posted Under: Company Law |

RoC probing affairs of Speak Asia, to submit report by July 10

The Corporate Affairs Ministry has asked the Registar of Companies to inspect the books of accounts of the controversial multi-level marketing company Speak Asia and submit its report to the government by July 10. The Singapore-based company Speak Asia, which is yet to be incorporated as a company in India, would be inspected under sectio...

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Posted Under: Company Law |

Registration of companies in 24 hours from first week of July

From Next month you can register a company in India in 24 hours! The Union ministry of corporate affairs has set the first week of July as the target date for launching a completely digitised service that will allow anyone with all relevant documents and approvals to complete the process of registering a company in one day....

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Posted Under: Company Law | ,

Message from Hon'ble Minister of Corporate Affairs, Shri Murli Deora

Consider the enormity of the data-over 8 and a half lac companies, over hundred online services offered to them, over sixty e-forms. hundreds of data fields and crores of pages of pdf attachments. If this speaks about something. it is the challenge before the Regulator, the Ministry of Corporate Affairs (MCA), which is humongous. While MC...

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Posted Under: Company Law |

MCA Releases Exposure Draft on XBRL taxonomy for comments

Exposure Draft on XBRL taxonomy for Commercial and Industrial (C&I) entities on which comments, if any, are invited by MCA by 30th April, 2011. Ministry of Corporate Affairs (MCA) has come out with an Exposure Draft on XBRL taxonomy for Commercial and Industrial (C&I) entities for filing their Balance Sheet and Profit and Loss Account. Co...

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Posted Under: Company Law |

E-Payment of Stamp Duty for Company Formation now Mandatory in Jammu and Kashmir also

All stakeholders are hereby informed that the provisions regarding stamp duty payment on Form No. 1, Memorandum of Association, Articles of Association, Form No. 5 and Form No. 44 electronically, at the time of their e-filing through MCA portal (www.mca.gov.in) ,in addition to the already existing list of States and Union Territories publ...

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Posted Under: Company Law |

Complaints Received by the Serious Fraud Investigation Office and the Registrar of Companies

The Minister for Corporate Affairs has informed the Lok Sabha that the Registrars of Companies (RoC) received complaints against various companies from stakeholders, such as shareholders, creditors, financiers, other Government Departments, members o...

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Posted Under: Company Law |

New Company Bill to give more power to RoC

The new Companies Bill is likely to give more powers to the Registrar of Companies (RoC) to monitor the end use of initial public offer (IPO) funds, a move that would require a 10-fold increase in the strength of the RoC. ...

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Posted Under: Company Law |

RoC may be empowered to conduct searches and raids

The registrar of companies (RoC) could be empowered to issue orders relating to conducting searches and raids. The proposal, mooted by the corporate affairs ministry, can be part of the new companies Bill that is set to be introduced in the Winter Session of Parliament. According to officials, the government is looking to strengthen the m...

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Posted Under: Company Law |

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