MCA Notification dt. 19.07.2016 in respect of applicability of Section 381 of the Companies Act, 2013:
MCA vide Notification No. S.O. 2463(E) on Tuesday, 19th July, 2016, the Central Government in supersession of the Notification no. G.S.R. 59 dt. 06.01.1959 has directed that the requirement of Section 381(1)(a) of the Act shall apply to a foreign company which is an Airlines Company having a share capital subject to the certain exceptions […]
MCA Notification dt. 19.07.2016 notified Companies (Share Capital and Debentures) Third Amendment Rules, 2016:
MCA vide Notification No. G.S.R….(E) on Tuesday, 19th July, 2016, has notified the Companies (Share Capital and Debentures) Third Amendment Rules, 2016 by which existing principal rules (4), (8), (12), (13), (15) and (18) has been amended, which shall came into effect from the date of its publication in Official Gazette. The said notification can […]
MCA Notice dt. 20.07.2016 revision in various e-forms on MCA21
MCA vide Notice on Wednesday, 20th July, 2016, stated that e-form INC-23, MR-1 and MR-2 are likely to be revised w.e.f. 21st July 2016 on MCA21. It is advised to check the latest version before filing.
MCA Notification dt. 14.07.2016 notified Companies (Cost Records and Audit) Amendment Rules, 2016:
MCA vide Notification No. G.S.R….(E) on Thursday, 14th July, 2016, has notified the Companies (Cost Records and Audit) Amendment Rules, 2016 by which existing rule (2), (3), (4) and (6) has been amended and has made changes in ‘Applicability of Cost Records’ to various Industry/Sector/Product/Services, which shall came into effect from the date of its […]
MCA Notice dt. 11.07.2016 revising various e-forms on MCA21:
MCA vide notice dt. 11th July, 2016 stated that eForm AOC-04 for filing Annual Financial Statement is likely to be amended w.r.t filing of CSR expenditure details. The revised AOC-04 eForm is likely to be available on MCA portal by 3rd week of Jul-2016. Stakeholders are requested to note that filing CSR details are mandatory. […]
MCA Notification Dt. 30.06.2016 Notified the Companies (Appointment & Remuneration of Managerial Personnel) Amendment Rules 2016.
MCA vide Notification No. G.S.R.___ on 30.06.2016, has amended the Companies (A Appointment & Remuneration of Managerial Personnel) Amendment Rules, 2016 and shall came into effect from the date of its publication in Official Gazette. Highlights of the notification are: Return of Appointment i.e. Form MR-1 not required to be filed for CEO, CS, CFO. […]
MCA issued Companies (Removal of Difficulties) Third Order 2016 on 30.06.2016 in Respect of Section 139
MCA has issued Removal of Difficulties Third Order 2016 on 30.06.2016 to remove difficulty in complying with provision relating to rotation of Auditors within specified time limit. The third Proviso of Section 139 (2) is modified and the time period to comply with provisions relating to rotational change; instead of 3 years from the date […]
MCA Notification dt. 29.06.2016 NOTIFIED THE COMPANIES (ACCEPTANCE OF DEPOSITS) AMENDMENT RULES, 2016
MCA vide Notification No. G.S.R.___(E) on 29.06.2016, has amended the Companies (Acceptance Of Deposits) Amendment Rules, 2016 and shall came into effect from the date of its publication in Official Gazette. The said notification can be accessed at the following link:Cos. Acceptance of Deposits Amendment Rules_30062016
FAQs on Name Reservation and Company Incorporation
MCA has come up with FAQs on Name Reservation and Company Incorporation. Detailed FAQs can be viewed on Ministry’s Website www.mca.gov
Transfer of matters or proceedings or cases pending before the Company Law Board to National Company Law Tribunal:
MCA vide notification no. S.O. ______(E) dated 01.06.2016in exercise of the powers conferred by section 434 (1) (a) of the Companies Act, 2013,the Central Government appointed 01.06.2016, on which all matters or proceedings pending before Company Law Board shall stand transfer to National Company Law Tribunal. The said notification can be accessed at the following […]