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Companies allowed to hold AGM till 30.09.2020 whose FY ending on 31.12.2019
Companies whose financial year (other than first financial year) has ended on 31st December, 2019, can hold their AGM for such financial year within a period of nine months from the closure of the fin...
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CCI advises businesses not to take undue advantage of COVID-19
Competition Commission of India19.04.2020Advisory to Businesses in Time of COVID-19 COVID – 19 has caused disruptions in supply chains, including those of critical healthcare products and other essent...
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CSR Funds can be used to fight Coronavirus
The world is at a crisis situation. We are going through a pandemic with far reaching effects not seen by anyone living today. There are thousands of people dying all over the world and the numbers ma...
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MCA further clarifies on passing of ordinary & special resolutions- COVID-19
Ministry of Corporate AffairsClarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013 and rules made thereunder on account of the threat posed by COVID-1...
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MCA allows filing of IEFF e-forms till 30.09.2020 without additional fees
General Circular No. 16/2020File No. 16/01/2018-IEPFA (Vol. II)Investor Education and Protection Fund AuthorityMinistry of Corporate AffairsGovernment of IndiaGround Floor, Jeevan Vihar Building,3, Pa...
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MCA Invites Public Comments on Draft Valuers Bill, 2020
Government of IndiaMinistry of Corporate Affairs(PI Section)Sub: Invitation for Public Comments on Draft Valuers Bill, 2020Ministry of Corporate Affairs had constituted a Committee of Experts (CoE) un...
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COVID-19 related FAQs on Corporate Social Responsibility by MCA
MCA vide General Circular No. 15/2020 dated 10th April 2020 has issued and published COVID-19 related FAQs on Corporate Social Responsibility (CSR).Major Update:‘Chief Minister’s Relief Fund’ or ‘Stat...
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Independent Director are key to Corporate Governance: Injeti Srinivas
The corporate affairs ministry, known as Corporate Governance Agency, is implementing the companies law, has taken various measures, in order to have high-quality people fit to act as Independent Dire...
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MCA allows companies to hold EGMs through VC or OAVM
Ministry of Corporate AffairsMCA allows companies to hold Extraordinary General Meetings (EGMs) through VC or OAVM complemented with e-Voting facility/simplified voting through registered emails.Poste...
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Activate ‘Deactivated’ DIN without any filing fees till 30.09.2020
DIN holders of DINs marked as ‘Deactivated’ due to non-filing of DIR-3KYC/DIR-3 KYC-Web and those Companies whose compliance status has been marked as ‘ACTIVE non-compliant’ due to non-filing of Activ...
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Companies Fresh Start Scheme, 2020
Central Government introduce a Scheme namely Companies Fresh Start Scheme, 2020 (CFSS-2020) condoning the delay in filing the specified documents with the Registrar, insofar as it relates to charging...
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COVID-19 – Special relief Measures for Companies & LLP
General Circular No. 11/2020F.No. 2/1/2020-CL-VGovernment of IndiaMinistry of Corporate Affairs5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. R. P. Road, New Delhi-110001Dated: 24th March, 2020ToAll Regional...
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Spending of CSR funds for COVID-19 is eligible CSR activity: MCA
Keeping in view the spread of the Corona Virus (COVID-19) in India, its declaration as pandemic by the World Health Organisation (WHO) and decision of the Government of India to treat this as a notifi...
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ICSI Request for relaxation in filing of ROC forms & compliances
The INSTITUTE OF Company Secretaries of IndiaMCA: March:202024th March, 2020Shri Injeti Srinivas, IASSecretaryMinistry of Corporate AffairsGovernment of IndiaDr. Rajendra Prasad RoadShastri BhawanNew...
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Web form CAR- Board meetings with physical presence of directors relaxed -MCA
Requirement of holding Board meetings with physical presence of directors relaxed upto 30th June 2020. The web form named CAR (Company Affirmation of Readiness towards COVID-19) should be filed by an...
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Companies (Meetings of Board and its Powers) Amendment Rules, 2020
Reg: Board meetings under the Companies Act, 2013: Considering the need to take precautionary steps to overcome the outbreak of the coronavirus (Covid-19), the Government has in-principle decided to r...
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COVID-19- Companies & LLPs to file web Form CAR
Advisory on Preventive measures to contain the spread of COVID-19Dear Chairman/MD/CEO,As we all are aware: the Novel Coronavirus (COVID-19) has affected over 110 countries, including India. Given the...
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Sensitization of Nidhi companies towards section 406 compliance
Sensitization of Nidhi companies towards compliance of provisions of section 406 of Companies Act, 2013 and Nidhi Rules, 2014 as amended vide Nidhi (Amendment) Rules, 2019 w.e.f 15.08.2019 and general...
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Govt introduces Companies (Amendment) Bill, 2020 in Lok Sabha
Government introduces Companies (Amendment) Bill, 2020 in Lok Sabha on 17th March 2020. The Companies (Amendment) Bill, 2020, inter alia, provides for the following, namely:—(a) to decriminalise certa...
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Constitution of NCLAT Bench at Chennai
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 13th March, 2020S.O. 1060(E).—In exercise of the powers conferred by section 410 of the Companies Act, 2013 (18 of 2013), the Central Government...