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3 Important updates from MCA on 31.12.2020
1. Due dates of ROC return shall be computed based on actual due date or /extended date of AGMStakeholders may please note that there is no change in the additional fee logic of eform MGT-7 and AoC-4/...
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Extension of name reserved through SPICE+ upon payment of fees
THE INSTITUTION OF CHARTERED ACCOUNTANTS OF INDIA (set up by an Act of Parliament)Corporate Laws & Corporate Governance CommitteeThe Institute of Chartered Accountants of India28th December, 2020ANNOU...
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Extend CFSS 2020 & LLP Settlement Scheme 2020 to 31.03.2021
Tax Bar Association, Guwahati has requested for Extension of Companies Fresh Start Scheme i.e. CFSS 2020 and LLP Settlement Scheme 2020 to to 31st March, 2021. Request is been made to Smt. Nirmala Sit...
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Draft Panel for Category of MEF application 2020-21
Professional Development CommitteeThe Institute of Chartered Accountants of India16th January, 2021Draft Panel for Category of MEF application 2020-21MEF Applicants can visit at https://meficai.org/ t...
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New MCA Scheme for condonation of delay for certain companies
Scheme for Condonation of delay for Restored Companies by NCLT between 1 Dec. 2020 to 31 Dec. 2020MCA vide Circular No. 3/2021 announced for Condonation of Delay Scheme for Companies restored by NCLT...
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Companies who not followed Process for AGM date extension may face legal action: MCA
MCA has issued Circular no. 02/2021 dated 13th January, 2021 wherein companies whose AGMs were due to be held in the year 2020, or become due in the year 2021 are allowed to conduct their AGM on or be...
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Spending on CSR for COVID-19 Vaccination public outreach is valid CSR activity
The Ministry of Corporate Affairs has issued General Circular No. 01/2021 dated 13.01.2021. It has been clarified that spending of CSR funds for carrying out awareness campaigns / programmes or public...
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Clarification on passing of ordinary & special resolutions by companies
Clarification on passing of ordinary and special resolutions by companies under the Companies Act,2013 read with rules made thereunder on account of COVID-19- Extension of time.General Circular No. 39...
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MCA extends last date of filing Form CRA-4 extended to 31.12.2020
Relaxation of additional fees and extension of last date of filing of CRA-4 (form for filing of cost audit report) to 31st December, 2020 for FY 2019-20 under the Companies Act, 2013.General Circular...
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Extend due date of AGM to 31st March 2021
Direct Taxes Professionals’ Association Requested FM to extend the due date for holding Annual General Meeting (AGM) of Companies as mandated in section 96 of the Companies Act 2013 to 31st March 2021...
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Appointment of DHS as statutory auditor of IFIN for year 2017-18 was illegal: NFRA
SUPPLEMENTARY AUDIT QUALITY REVIEW REPORT DATED 07-12-2020.Audit EngagementAudit of IL&FS Financial Services Limited Done by Deloitte Haskins and Sells LLP for the Financial Year 2017-18.The ProcessNa...
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MCA extends last date of filing Form CRA-4 extended to 31.12.2020
Relaxation of additional fees and extension of last date of filing of CRA-4 (form for filing of cost audit report) to 31st December, 2020 for FY 2019-20 under the Companies Act, 2013.General Circular...
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Major Reforms & Initiatives by MCA
STARTING A BUSINESSVideo Demo on SPICe+Key features of SPICe+ for Greater Ease of Doing BusinessAs part of Government of India’s Ease of Doing Business (EODB) initiatives, the Ministry of Corporate Af...
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Covid-19 Regulatory Updates by ICSI
THE INSTITUTE OF Company Secretaries of India“Continuous learning is the minimum requirement for success in any field.”– Brian TracyDear Professional Colleagues,The pandemic while having disrupted the...
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Extension of last date to submit comments on exposure draft of Guidance Note on Auditing Standards on Secretarial Audit (CSAS-4)
The Institute of Company Secretaries of India17th November, 2020Dear Sir/Madam,Subject: Extension of last date to submit comments on exposure draft of Guidance Note on Auditing Standards on Secretaria...
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MCA permits documents due for filing till 30.11.2020 under LLP Settlement Scheme
Timeline for filing of belated documents has been extended upto 30th November, 2020 due to Extension of LLP Settlement Scheme, 2020.General Circular No. 37/2020– MCA permits Any ‘defaulting LLP’ to ti...
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Required Information/Documents for Company Incorporation
Following details/information are required of all the subscribers.1. Requirements to get DSCFor Indian Applicant PAN-Self attestedAddress Proof (either Passport, Voter ID, Aadhar card, bank statement...
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SOP for Grievance Redressal Mechanism for Complaints related to CRC
Standard Operating Procedure (SOP) for Grievance Redressal Mechanism for Complaints related to CRCa. Stakeholder/professionals can raise a complaint on MCA website through link http://www.mca.gov.in/m...
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ICAI invites suggestions for improvement in functioning of MCA-21 Portal
Corporate Laws & Corporate Governance CommitteeThe Institute of Chartered Accountants of India10th November, 2020ANNOUNCEMENTSub: Inviting suggestions for improvement in functioning of MCA-21 E-Govern...
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MCA extends terms of Judicial Members & officiating Chairperson of NCLAT
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 28th October, 2020S.O. 3855(E).—In continuation of this Ministry’s notifications S.O. 3863(E) and S.O. 3864(E) dated 11th December, 2017 and in...