Category: Companies Act

Final report of Committee on review of penal provisions of Companies Act 2013. To relieve Special Courts from adjudicating routine offences; De-clogging NCLT Committee on review of penal provisions of Company Act 2013 submits final report to Shri Arun Jaitley, makes several recommendations related to corporate compliance and corporate …

MCA invites entries for first National CSR Awards. 20 prizes to be given in 3 categories. 30th September 2018 is last date for filing nominations Ministry of Corporate Affairs invites entries for nominations for the first National CSR Awards only from Ministries/ Departments of Govt of India, State …

Individuals with duplicate-multiple DINs can retain only Oldest DIN. Later DINs have to be surrendered. MCA has issued an advisory in respect of DIN Surrender. It has been stated that an individual who is in possession of Duplicate/Multiple Director Identification Numbers (DINs), can retain the Oldest DIN only. …

Shri Arun Jaitely resumes charge of Ministries of Finance and Corporate Affairs  The Union Minister Shri Arun Jaitely today resumes the charge of Ministries of Finance and Corporate Affairs The Union Minister, Shri Arun Jaitley today resumed the charge of the Ministries of Finance and Corporate Affairs after a …

MCA has reduced DIR-3 KYC Late Fee to Rs. 500/- till 5th october, 2018 MCA reduces DIN KYC (DIR 3) Late Fee to Rs. 500/- till 05.10.2018. Notification   Earlier: Extension of last date for filing DIR-3 KYC to 15th September 2018 without any fee. Rs. 50oo shall …

Issue of shares on private placement basis-7th August 2018 notified as commencement date of section 10 of the Companies (Amendment) Act, 2017 Government of India Ministry of Corporate Affairs Notification New Delhi, the….7th August,  2018 S.O. ___ (E).- In exercise of the powers conferred by sub-section (2) of section …

The Companies (Prospectus and Allotment of Securities) Second Amendment Rules 2018 related to Private placement record to be maintained in Form PAS-5 – Notification Government of India Ministry of Corporate Affairs Notification New Delhi, the ………..07. August, 2018 G.S.R._ (E). – In exercise of  the powers conferred by section …

MCA Centralised Scrutiny and Prosecution Mechanism sends notice to 272 companies on CSR compliance under the Companies Act 2013 for FY 2015-16  As per statement of the Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary in Rajya Sabha today, the Ministry has …

Draft Companies (Cost Records and Audit) Amendment Rules 2018 to incorporate GST related changes. Suggestions/comments invited Government of India Ministry of Corporate Affairs Notice inviting comments on the draft Companies (Cost Records and Audit) Amendment Rules, 2018 Dated: 6th August, 2018 Pursuant to introduction of GST, the Companies …

Section 36 of Companies Amendment Act 2017 effective from 31st July 2018. Signing of financial statement by the Board, statement to be attached u/s 134 Government of India Ministry of Corporate Affairs Notification New Delhi, the 31st July, 2018 S.O………..(E).- In exercise of the powers conferred by subsection …