MCA Circular No. 38 dated 01st December, 2020 – Extension of last date for filing CRA-4.
MCA vide this circular dated 10/09/2020 have extended the period for submission of cost audit report for FY 2019-20 by the cost auditor to BOD of companies by 31st December, 2020 and accordingly the report shall be filed in e-form CRA-4 by the company within 30 days from the date of receipt of the same. […]
MCA_Circular No. 37_9th November, 2020_Extension of LLP Settlement Scheme, 2020.
MCA vide circular no. 37 dated 09/11/2020 has extended the date on applicability of the scheme wherein, the defaulting LLP’s will be now permitted to file their belated documents, which were due for filing till 30th November, 2020. Further, if statement of account and solvency for the financial year 2019-2020 has been signed beyond the […]
MCA_Circular No. 36_20th October, 2020_Relaxation from Residency requirement of 182 days in a year.
MCA has provided relaxation as to the compliance related to minimum residency in India for a period of at least 182 days by at least one director of every company, under Section 149 of the CA-13 that it will not be treated as a non-compliance for the financial year 2020-21. The said Circular can be […]
MCA Notification No. G.S.R. 642(E) dated 16th October, 2020_ Companies (Prospectus and Allotment of Securities) Amendment Rules, 2020.
MCA vide Notification No. G.S.R.642 dated 16/10/2020 has issued Companies (Prospectus and Allotment of Securities) Amendment Rules, 2020 thereby further amending Companies (Prospectus and Allotment of Securities) Rules, 2014 wherein, in rule 14(1) a new provision is inserted which provides that in case of offer or invitation of any securities to qualified institutional buyers, it […]
MCA_Circular No. 35_29th September, 2020_Filing under section 124 and 125 of Companies Act w/r IEPFA (Accounting, Audit, Transfer and Refund) Rules 2016.
In view of extension of Companies Fresh Start Scheme, 2020 till 31st December, 2020, it is clarified that the relaxation for filing various IEPF e-forms without additional fees till 31st December, 2020 is also included in the said extension. The said Circular can be accessed through the following link: MCA_Circular 35_29.09.2020_Filing of IEPF e-forms
MCA_Circular No. 34_29th September, 2020_Clarification on creation of reserves.
MCA has further extended the date to comply with the requirement under section 73(2)(c) of CA 2013 to create the DRR of 20% of deposits maturing and under rule 18 of the Companies (Share Capital & Debentures) Rules, 2014 to invest or deposit at least 15% of amount of debentures maturing during the financial year […]
MCA Notification No. G.S.R. 590(E) dated 28th September, 2020_ Companies (Meetings of Board and its Powers) Third Amendment Rules, 2020.
MCA has extended the time period upto 31st December, 2020 during which the companies can deal with the following matters in a meeting held through video conferencing or other audio visual means: The approval of the annual financial statements; The approval of the Board’s report; The approval of the prospectus; The Audit Committee Meetings for […]
MCA Notification No. G.S.R. 589(E) dated 28th September, 2020_ Companies (Appointment and Qualification of Directors) Fourth Amendment Rules, 2020.
MCA has further extended the last date for registration of details of Independent Directors in the Independent Director Data Bank for further three months. The revised last date for the same is 31st December, 2020. The said Notification can be accessed through the following link: MCA_Notif_GSR.589(E)_28.09.2020_Co(Appointment & Qualification of Directors) 4th Amendment Rules, 2020
MCA Circular No. 33 dated 28th September, 2020 – Extension of time for passing of ordinary and special resolutions by companies under the Companies Act,2013
MCA has extended the time to allow the companies to conduct their EGMs through VC or OAVM or transact items through postal ballot in accordance with the framework provided in the aforesaid Circulars upto 31st December, 2020. The said Circular can be accessed through the following link: MCA_Circular 33_28.09.2020_Extension for holding EGMs through VC or […]
MCA Circular No. 32 dated 28th September, 2020 – Extension Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013.
MCA has extended the Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 till 31st December, 2020. In the scheme, the time period of 30/09/2020 and 01/10/2020 is replaced with 31/12/2020 and 01/01/2021 respectively. So accordingly, In case a form is filed before 01.03.2020, but […]