MCA further extends timelines for Names Reserved and Resubmission of Forms

MCA vide “News and Important Updates” extends the timelines further for names reserved and resubmission of different forms of Companies and Limited Liability Partnerships falling between the period from  15th March, 2020 to 31st May, 2020. The extension provided are as follows: Companies: Filing of SPICe+ Part B after Name Reservation for new Company Incorporation- additional 20… Read More

MCA clarifies manner of dispatch of notice in case of Issue of Shares on Rights basis by Listed Companies

MCA vide circular dated 11th May, 2020 clarifies that inability to dispatch the notice by Listed Companies to their shareholders through registered post or speed post or courier would not be viewed as violation of section 62(2) of the Act provided that they comply with the Circular issued by SEBI on 6th May, 2020. Further,… Read More

MCA allows Companies to conduct Annual General Meeting through video conferencing or other audio visual means

MCA vide circular dated 5th May, 2020 clarified that Companies can hold Annual General Meeting (AGM) through video conferencing (VC) or other audio visual means (OAVM) during the calendar year 2020. The framework for issuing notices and conducting meeting provided in EGM Circulars shall be applicable mutatis mutandis for conducting the AGM. Further, other than… Read More

MCA extends timeline for inclusion of name in Data Bank of Independent Directors

MCA vide notification dated 29th April, 2020 extends the timeline for online application for inclusion of name of Directors in the data bank of Independent Directors. Every Director appointed as an Independent Director in a Company on the date of commencement of the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019 i.e. 1st… Read More

MCA extends timeline for holding of Annual General Meetings by Companies whose Financial Year has ended on 31st December, 2019

MCA vide circular dated 21st April, 2020 clarified that due to COVID Pandemic Outbreak related social distancing  norms and consequential restrictions, the 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 9 months from the closure of… Read More

MCA extends timelines for Names Reserved and Resubmission of Forms

MCA vide “News and Important Updates” extends the timelines for names reserved and resubmission of different forms of Companies and Limited Liability Partnerships falling between the period from  15th March, 2020 to 3rd May, 2020. The extension provided are as follows: Companies: Filing of SPICe+ Part B after Name Reservation for new Company Incorporation- additional… Read More

ICSI relaxes applicability of Secretarial Standards on Meetings

The Institute of  Company Secretaries of India (ICSI) clarifies that any relaxation granted by the Ministry of Corporate Affairs (“MCA”) due to Covid-19 outbreak from the compliance of provisions of Board and General Meetings under the Companies Act, 2013 (“Act”) will automatically and consequentially apply to Secretarial Standards as the case may be and the relaxed… Read More

Note on relaxations issued by MCA due to COVID-19 Outbreak

In view of the COVID-19 Pandemic outbreak, Ministry of Corporate Affairs (“MCA”) has extended its wholehearted support in order to combat with the situation. Due to this lockdown, Companies are facing issues w.r.t. conducting Meetings and filing of Returns. In order to smoothly continue the Business Operations of the Corporates in India, MCA has taken… Read More

MCA issues COVID-19 related FAQs on Corporate Social Responsibility (CSR)

MCA vide circular dated 10th April, 2020 has issued Frequently Asked Questions(FAQs) to clarify and to bring more clarity on eligibility of CSR expenditure related to COVID-19 activities. It has been provided that: Following items shall qualify for as CSR expenditure: Contribution made to ‘PM CARES Fund’ Contribution made to State Disaster Management Authority to… Read More

Relaxation by MCA on passing Ordinary and Special Resolution due to COVID-19

MCA vide circular dated 8th April, 2020 relaxes provisions related to passing Ordinary and Special resolution in member's meeting in view of the current extraordinary circumstances due to the pandemic caused by COVID- 19 prevailing in the country, requiring social distancing. Companies are requested to take all decisions of urgent nature requiring the approval of… Read More

MCA extends the timeline for inclusion of name in Data Bank of Independent directors

MCA vide Notification dated 28th  February, 2020 extends the timeline for online application to Indian Institute of Corporate Affairs at Manesar for inclusion of name of Director in Data Bank of Independent Directors from 3 months to 5 months. Further, it amends the criteria for exemption from passing online proficiency self-assessment test. Now, the individual… Read More

Filing of EPFO/ ESI Returns by the Companies incorporated through SPICe+

MCA vide news & important updates notified that new Companies incorporated through SPICe+ and thereby have obtained Employees' Provident Fund Organisation(EPFO)/ Employees' State Insurance (ESI) numbers will have to file Statutory Returns only when they cross thresholds prescribed under the relevant Acts. Read More

Filing of Returns by the Insolvency Professional appointed under Insolvency Bankruptcy Code, 2016

MCA vide circular dated 17th February, 2020 notified that the Insolvency Professional (lnterim Resolution Professional (lRP) or Resolution Professional (RP) or Liquidator) as appointed under Insolvency Bankruptcy Code, 2016, would have to first file the NCLT order approving him as the IRP/RP/Liquidator in form INC-28 on the MCA Portal. Procedure to be followed while filing… Read More

Page 1 of 76512...10...Last »

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates