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Category: MCA

MCA vide Notification G.S.R 1372(E) dated 06.11.2017 issued the Companies (Filing of documents and documents in Extensible Business Reporting Language) Amendment Rules, 2017.

MCA vide Notification no. 1372(E) dt. 6th November, 2017 issued the Companies (Filing of documents and documents in Extensible Business Reporting Language) Amendment Rules, 2017 to amend the Companies (Filing of documents and documents in Extensible Business Reporting Language) Rules, 2015. The Notification shall come into force w.e.f date of publication in the Official Gazette […]

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MCA Notification no S.O. ____(E) dt. 03.11.2017 – designation of Special court in terms of section 435 of the Companies Act, 2013:

MCA vide Notification no. S.O. ___(E) on Friday, 3rd November, 2017 designated the Additional court of City civil court, Chennai as special court for the purpose of providing speedy trial of offences punishable under the Companies Act, 2013 in terms of Section 435 of the Act. The said Notification can be accessed from the following […]

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MCA Updates dt. 02.11.2017 – dispensation with requirement to file separate PAN & TAN Application under incorporation process:

MCA on Thursday, 02nd November, 2017 as part of its continuous efforts for simplifying Incorporation related process in view of Ease of Doing Business to stakeholders, has dispensed with the requirement of separately uploading Forms 49A (PAN application) & 49B (TAN application) after filing SPICe e-forms. Accordingly, with effect from 6 p.m. of 4th November 2017, stakeholders will NOT be required […]

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MCA General Circular 14/2017 dated 28.10.2017 regarding Relaxation of additional fees & extension of last date of filing of AOC-4 and AOC-4 (XBRL non IND AS) under Companies Act, 2013:

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 […]

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MCA vide General Circular 13/2017 dated 26.10.2017 granted Relaxation of additional fees & extension of last date of filing of AOC-4 (XBRL) using Indian AS under Companies Act, 2013:

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 […]

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MCA vide Notification S.O. ___ (E) dated 23.10.2017 Delegated powers under section 247 (Valuation by Registered Valuers) of Companies Act, 2013:

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 […]

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MCA Order S.O (E) dated 23.10.2017 issued Companies (Removal of Difficulties) 2nd Order, 2017:

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 […]

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MCA Notification S.O (E) dated 18.10.2017 notified Commencement of Section 247 (Valuation by Registered Valuers) of the Companies Act, 2013.

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

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MCA Notification No. G.S.R 1316 (E) dated 18.10.2017 notified Companies (Registered Valuers and Valuation) Rules, 2017.

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 […]

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MCA General Circular 12/2017 dated 16.10.2017 regarding Transfer of Shares to IEPF:

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 […]

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