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MCA relaxes residency requirement of 182 days for Director
General Circular No. 36/2020File No.2/01/ 2020-CL-VGovernment of IndiaMinistry of Corporate Affairs5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. R. P. Road, New Delhi-110001.Dated: 20th October, 2020ToThe D...
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IEPF e-forms filing due date extended till 31st December 2020
File No.16/01/2018-IEPF-AGeneral Circular No. 35/2020File No. 16/01/2018-IEPFA (Vol.II)Investor Education and Protection Fund AuthorityMinistry of Corporate AffairsGovernment of IndiaGround Floor, Jee...
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Time for Creation of deposit repayment reserve & to deposit 15% of amount of debentures extended
Clarification with regard to creation of deposit repayment reserve of 20% u/s. 73 (2) (C) of the Companies Act 2013 and to invest or deposit 15% of amount of debentures u/r.18 of Companies (Share capi...
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Time for conducting EGMs through VC or OAVM extended till 31.12.2020
Time for conducting EGMs through Video Conference (VC) or Other Audio Visual Means (OAVM) also stand extended till 31.12.2020.In continuation of the extensions being given for compliance relaxations p...
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Relaxation for filing Charge related forms extended till 31.12.2020
The Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 extended till 31.12.2020.General Circular No. 32/2020F. No. 02/05/2020-C...
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LLP Settlement Scheme 2020 extended to 31.12.2020
MCA had introduced a new scheme known as the LLP Settlement Scheme, 2020 which was valid from 01.04.2020 to 13.06.2020 and was later extended till 30.09.2020. The Scheme has been further extended to 3...
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Companies Fresh Start Scheme, 2020 extended till 31.12.2020
The Ministry of Corporate Affairs had introduced a new scheme known as the Companies Fresh Start Scheme, 2020, valid from 01.04.2020 to 30.09.2020 to enable companies to make good their previous defau...
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Companies (Prospectus and Allotment of Securities) Amendment Rules, 2020
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 16 October, 2020G.S.R. 642(E). — In exercise of the powers conferred by section 26, sub-section (1) of section 27, section 28, section 29, sub-s...
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Companies (Amendment) Act, 2020 receives assent of President
Companies (Amendment) Act, 2020 received the assent of the President on the 28th September, 2020.MINISTRY OF LAW AND JUSTICE(Legislative Department)New Delhi, the 28th September, 2020/Asvina 6, 1942 (...
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Companies (Meetings of Board and its Powers) Third Amendment Rules, 2020
MCA vide notification No. G.S.R. 590(E) dated 28th September, 2020 allowed following matters to be dealt with in any meeting held through video conferencing or other audio visual means for the period...
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Companies (Appointment and Qualification of Directors) Fourth Amendment Rules, 2020
MCA extends time for Compliances required by Every individual who has been appointed as an independent director in a company, on the date of commencement of the Companies (Appointment and Qualificatio...
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Time for registration of Independent Directors extended to 31.12.2020
The Ministry of Corporate Affairs has also extended the time within which Independent Directors of companies have to register themselves on the databank maintained by the IICA from 30.09.2020 to 31.12...
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Make joint audit mandatory for certain class of Companies: CVOCA
ToShri Rajesh Verma, IASSecretaryMinistry of Corporate AffairsGovernment of IndiaShastri BhawanDr. Rajendra Prasad RoadNew Delhi – 110001Email – secy.mca@nic.inRespected Sir,Sub: Representation for ma...
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Companies (Amendment) Act, 2020 – Highlights of amendments
The Institute of Chartered Accountants of IndiaCorporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India29th September, 2020ANNOUNCEMENTSub: Highlights of the ame...
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MCA Extended duration of several Schemes till 31.12.2020
MCA on 28.09.2020, vide various circulars and notification extended the date of various schemes to 31.12.2020 which were launched for ease of doing Business, Schemes extended are as follows:-1. Compan...
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ROC & RBI Compliance list for Branch Office of foreign companies
MCA/ROC COMPLIANCE1. Financial Year :-We need to determine F.Y. of the BO. This can be same as that is followed by the Company in its country of incorporation2. Prepare Financial Statements and file f...
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Extend timelines for Annual filing of OPC due to Covid 19: ICSI
THE INSTITUTE OF Company Secretaries of IndiaIN PURSUIT OF PROFESSIONAL EXCELLENCEStatutory body under an Act of Parliament(Under the jurisdiction of Ministry of Corporate Affairs)25th September. 2020...
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Extension of Last Date of Filing Cost Audit Report for FY 2019-20
Relaxation of additional fees and extension of last date of filing of CRA-4 (form for filing of cost audit report) for FY 2019-20 under the Companies Act, 2013.General Circular No. 29/2020File No: 17/...
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ICSI Request for extension of timelines due to COVID-19
THE INSTITUTE OFCompany Secretaries of IndiaIN PURSUIT OF PROFESSIONAL EXCELLENCE Statutory body under an Act of Parliament(Under the jurisdiction of Ministry of Corporate Affairs)MCA: September: 2020...
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Extend time limit of statutory Company Law compliances
Representation on technical glitches on MCA Web-portal & Request for extension in the time limit on submission of various statutory compliances by CA Social Affiliation (CASA) to Smt Nirmala Sitaraman...