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Category: MCA

Notice inviting comments on the draft Companies (Auditor’s Report) Order, 2016

MCA on 9th February, 2016, Tuesday has issued Notice inviting comments on the draft Companies (Auditor’s Report) Order, 2016. The MCA has invited suggestions/comments on the same along with justification in brief; which are to be given latest by 23rd February, 2016 at the email id: caro@mca.gov.in. The sender should clearly indicate the name, Telephone number and address in […]

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Report of the Company Law Committee

MCA on 1st February, 2016, Monday has posted on its website, most awaited Report of the Company Law Committee, February, 2016. The Company Law Committee has set up on the 4th June, 2015, to make recommendations to the Government on issues arising from the implementation of the Companies Act, 2013 as well as on the […]

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Establishment of the Central Registration Centre

MCA vide its Notification No. S.O. 218 (E) dated 22nd January, 2016, Under Section 396 of the Companies Act, 2013, established the Central Registration Centre to process name approval applications for discharging or carrying out the function of processing and disposal of applications for reservation of names under the provisions of the Companies Act, 2013. […]

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Companies (Incorporation) amendment Rules, 2016

MCA vide Notification No. GSR 99 (E) on Friday, 22nd January, 2016, has amended the Companies (Incorporation) Amendment Rules, 2016 by omitting and substituting certain clauses of the Companies (Incorporation) Rules, 2014. The said Amendment Rules shall be effective from 26th January, 2016. The Companies (Incorporation) Amendment Rules, 2016 can be accessed at the following link: MCA_Notification No. GSR […]

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Whether Hindu Undivided Family (HUF) / its Karta can become partner / Designated Partner in Limited Liability Partnership (LLP)

In continuation of its General Circular no. 13/2013 dated 29th July, 2013, MCA has came out with the General Circular No. 2/ 2016 dated 15th January, 2016. In its recent General Circular, MCA has clarified that, as per section 5 of LLP Act, 2008 only an individual or body corporate may be a partner in […]

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Investor Education and Protection Fund Authority (Appointment of Chairperson and Members, holding of meetings and provision for offices and officers) Rules. 2016

MCA on Wednesday, the 13th day of January, 2016 issued the Investor Education and Protection Fund Authority (Appointment of Chairperson and Members, holding of meetings and provision for offices and officers) Rules, 2016 The copy of the said circular can be accessed at the following link: IEPF_Appointment of Chairperson and Members, holding of meetings and provision […]

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MCA Commencement of sub-section (5), (6) and (7) of Section 125 of the Companies Act, 2013

Central Government vide notification no. S. O. 125(E) dated 13.01.2016 notified the provisions of subsection (5), sub-section (6) Except with respect to the manner of administration of the Investor Education and Protection Fund and sub-section (7)of section 125 of the Companies Act, 2013 shall come in to force. The said Notification can be accessed at the following […]

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Frequently Asked Questions (FAQs) with regard to Corporate Social Responsibility under section 135 of the Companies Act,2013.

In continuation of MCA General Circular No. 21 dated 18.06.2014_Clarifications with regard to provisions of Corporate Social Responsibility  and General circular No. 36_dated 17.09.2014_Clarification with regard toprovisions of Corporate Social Responsiblity; MCA issued Circular No. 01/2016 dated 12th January, 2015 on Frequently Asked Questions (FAQs) with regard to Corporate Social Responsibility under section 135 of […]

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MCA Notifies the Delegating Powers to Regional Directors (RDs) under section 208 of the Companies Act, 2013

Central Government vide notification no. S.O. _____ dated 31.12.2015 notified the delegates to the Regional Directors at Mumbai, Kolkata, Chennai, Delhi, Ahmedabad, Hyderabad and Shillong the power vested in it under section 208 of the Companies Act, 2013 i.e. Report on inspection made by the Registrar or by the Inspector to the Central Government. The […]

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Companies (Audit and Auditors) Amendment Rules, 2015

MCA vide Notification No. GSR 972(E) dated 14/12/2015 amended the Companies (Audit and Auditors) Rules, 2015 by substituting Rule 13 with the following new Rule: “(13) Reporting of frauds by auditor and other matters: (1) If an auditor of a company, in the course of the performance of his duties as statutory auditor, has reason to believe […]

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