MCA on Sunday, the 27th March, 2016, came out with the Companies (Auditor’s Report) Order, 2016. The said order becomes applicable to the Financial Years commencing on or after 1st April, 2015. The Order shall not apply to the Auditors’ Report on Consolidated Financial Statements: It shall apply to every company including a Foreign Company […]

Change in the version of certain E-forms have been revised on MCA portal w.e.f. 27.03.2016. MCA has advised its Stakeholders to download the latest version of forms from ‘Company Forms Download’ page on the MCA portal. The previous version of Company e-forms will not be compatible with the new MCA21 portal. The said notice shall […]

MCA vide Notification No. S.O. (E) _____ dated 23.03.2016, in continuation of notification no. 218(E) dated 22.01.2016, Under Section 396 of the Companies Act, 2013, established the Central Registration Centre (CRC), shall also exercise functional jurisdiction of processing and disposal of e-forms and all related matters pertaining to registration of Companies under Section 7, 8 […]

MCA vide Notification No. G.S.R. _________ dated 23.01.2016 amended the Companies (Incorporation) Second Amendment Rules, 2016, in the Annexure, for Form No. INC 11, i.e. Certificate of Incorporation  shall be substituted. The said Amendment Rules shall be effective from 26th January, 2016. The Companies (Incorporation) Amendment Rules, 2016 can be accessed at the following link: GSR ___Companies […]

The portal of the Ministry of Corporate Affairs (MCA) to remain closed from 00.00 hours of Friday, 25/03/2016 upto 12.00 Noon of Sunday, 25/03/2016. for providing better services, the MCA will launch new MCA21 portal for Company users on Sunday, 27th March, 2016.

For the benefit of the Company users, the Ministry of Corporate Affairs (MCA) has planned to launch a new MCA21 portal, on 27th March 2016. For facilitating this new portal’s implementation, the offline payment methods – Challan, NEFT, Pay Later – will be disabled for Company services with effective from Saturday, 19th March 2016. In view […]

Hon’ble Minister of Finance, Corporate Affairs and Information & Broadcasting Shri Arun Jaitley has on 16th March, 2016 has introduced in the Lok Sabha, a bill to further amend the Companies Act, 2013, i.e. The Companies (Amendment) bill 2016, vide bill no. 73 of 2016.   The same can be accessed at the following link: The Companies (Amendment) Bill 2016

In continuation of  its earlier circular no. DCS/COMP/20/2015-16 dated 30 November, 2015, and Circular No. DCS/COMP/33/2015-16 dated 11 March, 2016 the Bombay Stock Exchange of India Limited (BSE) on Wednesday, 16th March, 2016, has came out with a Circular No. DCS/COMP/34/201516; BSE had provided the Listing Centre (http://listing.bseindia.com) as the “Electronic Platform” for filing all compliances and […]

Central Government on Thursday, 10th March, 2016, has issued an order vide S. O. (E)___,  pursuant to Section 68(2)(d) of the Companies Act 2013 provides that the ratio of the aggregate of secured and unsecured debts owed by the company after buy-back should not be more than twice the paid-up capital and its free reserves. Provided that the […]

MCA vide Notification No. GSR _______ (E),  on Thursday, 10th March, 2016,has issued Companies (Share Capital and Debentures) Amendment Rules, 2016 to amend clause n(iii) of Rule 17(1) of the Companies (Share Capital and Debentures) Rules, 2014. The Clause (n) (iii) of Rule 17(1) of the Companies (Share Capital and Debentures) Rules, 2014 provides for […]