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Author: hmjani

MCA Notice dt. 06.01.2018 Regarding the Condonation of Delay Scheme (“CODS, 2018)

MCA have informed that the stakeholders may note that the process for ‘reactivating’ the DINs in system in respect of disqualified Directors is in progress and they may check the status of the relevant DINs by 12th January 2018. However, they are requested to be ready with necessary ‘overdue documents’ for filing purposes. It has also […]

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Regarding the new form INC-1 (Application for reservation of name and Change of Name by Companies):

MCA has informed that it is under the process of designing a Front Office service (replacing INC-1 eform with Web-Form) for Name Reservation and Change of Name for companies capturing only absolutely essential information from the applicants. The said new service is likely to be rolled out on 26th January 2018.

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President Assent received for the Companies (Amendment) Act, 2017:

The Ministry of Law and Justice has notified the Companies (Amendment) Act, 2017 on 3rd January 2018. The Companies (Amendment) Act, 2017 is intended at making certain amendments to the Companies Act, 2013. The act was received the assent of the President on 3rd January, 2018 shall come into force on such date as the […]

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1. RBI Issued Master Direction on FDI dated 04.01.2018:

Reserve bank of India vide FED Master direction no. 11/2017-18 dated 04th January, 2018 issued Master Direction on Foreign Direct Investment in India. – RBI on Thursday, 04th January, 2018 have issued Master Direction on Foreign Direct Investment in India vide FED Master direction no. 11/2017-18. Foreign Investment in India is regulated by the Foreign […]

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Ministry of Law & Justice vide Notification in an Extra-Ordinary Gazette dated 03.01.2018 issued The Companies (Amendment) Act, 2017:

The Ministry of Law & Justice, on receipt of President’s assent on Wednesday, 03rd January, 2018 issued an Act to amend the Companies Act, 2013, which is to be called as “The Companies (Amendment) Act, 2017”. The Companies (Amendment) Bill, 2017 was passed by the Lok sabha on July 27, 2017 and Rajya Sabha on […]

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MCA vide General Circular no.16/2017 dated 29.12.2017 have issued the Condonation of Delay Scheme, 2018:

MCA vide General Circular no. 16/2017 on Friday, 29th December, 2017 have issued the Condonation of Delay Scheme, 2018 (CODS, 2018). CODS, 2018 is issued with reference to section 164 and 167 of the Companies Act, 2013 for the defaulting Companies & their Directors, who have failed to file the financial statements or annual return […]

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MCA vide Notification no. G.S.R (E) dated 20.12.2017 have issued Companies (Cost records and audit) Second Amendment Rules, 2017:

MCA vide Notification no. G.S.R (E) on Wednesday, 20th December, 2017 have amended the Companies (Cost records and audit) Rules, 2014 (Principal rules) and issued Companies (Cost records and audit) Second Amendment Rules, 2017 to that effect. In the principal rules, the following amendments have been made with effect from 1st day of July, 2017 […]

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Companies (Amendment) Bill, 2017 passed by Rajya Sabha on December 19, 2017:

Rajya Sabha has passed the Companies (Amendment) Bill, 2017 on December 19, 2017 and shall come into force on getting the President’s assent. The Bill to further amend the Companies Act, 2013 was introduced in Lok Sabha on March 16, 2016. Thereafter it was referred to the Parliamentary Standing Committee on Finance for examination and report. The Parliamentary Standing Committee on Finance had […]

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MCA General Circular 15/2017 dated 04.12.2017 regarding Relaxation of additional fees & extension of last date of filing of Form CRA-4:

MCA vide General Circular 15/2017 on Monday, 4th December, 2017 have extended the last date for filing of Form CRA-4, for the financial years starting on or after 1st April, 2016, without payment of additional fees till 31st December, 2017.

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MCA vide Notification no. G.S.R. __(E) dated 07.12.2017 have issued Companies (Cost records and audit) Amendment Rules, 2017.

MCA vide Notification no. G.S.R. __ (E) on Thursday, 7th December, 2017 have amended the companies (cost records and audit) Rules, 2014 and issued Companies (cost records and audit) Amendment Rules, 2017 to that effect. The definition of Indian Accounting standards have been inserted after clause (f) of rule 2 and Form CRA-1(Particulars relating to […]

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