The Ministry vide General circular no. 14/2017 dated 28.10.2017 has extended the last day of filing of form AOC-4, AOC-4 XBRL(Non – IND AS) & corresponding form AOC-4 CFS for such Companies not using Indian Accounting Standards for the financial year 2016-17 without additional fees till 28.11.2017. The Original due date for filing the aforesaid […]

The MCA vide General circular no. 13/2017 dated 26.10.2017 has extended the last day of filing of form AOC-4 XBRL for such Companies using Indian Accounting Standards for the financial year 2016-17 without additional fees till 31.03.2018. The said General Circular can be accessed from the following link: MCA Gen Circular_13_26.10.2017_Relaxation of addtnl fees AOC-4 (IND […]

The MCA vide its notification S.O. __ (E) dated 23.10.2017 has delegated the powers and functions vested in it under section 247 of the Companies Act, 2013 to the Insolvency and Bankruptcy Board of India (IBBI), subject to the that the Central Government may revoke such delegation of powers or it may exercise the powers […]

MCA has issued Order No. S.O (E) on 23rd October, 2017 to remove the difficulty of having no reference to Organisation to which a Valuer, with reference to the provisions of section 247 of the Companies Act, 2013, may belong. Brief summary of the Order is as under: Sub-section (1) of section 247 of the […]

The MCA vide its notification S.O (E) dated 18.10.2017 have appointed 18.10.2017 as the date on which the section 247 – Valuation by Registered Valuers of the Companies Act, 2013 shall come into force. The said Notification can be accessed from the following link: MCA Notification 19_S.O(E)_18.10.2017_Commencement Notification S.247

The MCA vide Notification No. G.S.R. 1316 dt. 18.10.2017 has issued Companies (Registered Valuers and Valuation) Rules, 2017. These rules are regarding the Valuation by the Registered Valuers as provided under the section 247 of the Companies Act, 2013. There were different Valuation methods used by different types of registered valuers dealing with various, distinct […]

Ministry of Corporate affairs has issued General circular no. 12/2017 dated 16/10/2017 has clarified that where the period of seven years as provided under section 124(5) has been completed for unpaid/unclaimed dividends during the period September 7, 2016 to October 31, 2017, then in such case the due date for transfer of such shares by […]

MCA vide its notification No. G.S.R.1267(E)  dated 13.10.2017 has issued the Investor Education Protection Fund(“IEPF”) (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2017 which amends certain provisions as provided under the Investor Education Protection Fund (Accounting, Audit, Transfer and Refund) Rules, 2016 (“principal rules”). Gist of amendments to the principal rules: The due date […]

MCA vide General circular no. 11/2017 dated 27/09/2017 has issued clarification regarding timelines for making applicable/available new Form DPT-3 issued vide the Companies (Acceptance of Deposits) Second Amendment Rules, 2017. MCA clarified that new Form DPT-3 shall be made available for E-filing after the month of November, 2017 and till the time the new e-form […]