Category - Company Law

Ministry inviting comments on the draft Companies (Registered Valuers and Valuation) Rules, 2017

Ministry of Corporate Affairs NOTICE INVITING COMMENTS ON THE DRAFT COMPANIES (REGISTERED VALUERS AND VALUATION) RULES, 2017 Dated: 26th May, 2017 The draft Companies (Registered Valuers and Valuation) Rules, 2017 have been placed on the Ministry’s website for suggestions/ comments. Suggestions/ comments on the draft rules along with justifications in brief may be sent… Read More

Note on Director Identification Number (DIN)

NOTE ON DIRECTOR IDENTIFICATION NUMBER (DIN)    Power of Central Government has been delegated to the Regional Director, Joint Director, Deputy Director or Assistant Director posted in the office of Regional Directors at Noida, Uttar Pradesh vide notification dated 21st May, 2014 in respect of section 153 and 154 of the Companies Act, 2013.  … Read More

SPICe Forms revised on MCA Portal w.e.f 20 May, 2017

MCA has recently revised SPICe forms. Stakeholders are advised to check the latest version before filing. Refer the Company Form Download link for latest version of SPICe Forms-   Read More

Condonation of Delay in case of Registration of Charge – Section 87 of the Companies Act, 2013

CONDONATION OF DELAY BY CENTRAL GOVERNMENT IN CASE OF REGISTRATION OF CHARGE (Rectification by Central Government in Register of Charges)  (Section 87 of the Companies Act, 2013 and Companies (Registration of Charges) Rules, 2014)   Please Note that Power of Central Government has been delegated to Regional Directors vide notification dated 19th December, 2016.  … Read More

Note on Section 8 Company

  NOTE ON SECTION 8 COMPANY   A section 8 Company or we can also called a Non-profit Company can be incorporated under the Companies Act, 2013 having the status of limited company without the addition to its name of the word “Limited” or “Private Limited” for Promoting Commerce, art, science, sports, education, research, social… Read More

MCA withdraws its Circular regarding Transfer of Shares to IEPF Authority

MCA vide Circular no. 05/2017 dated 16.05.2017 withdraws Circular no. 03/2017 dated 27.04.2017 regarding Transfer of Shares to IEPF Authority. The Subject matter of the said circular stands withdrawn with immediate effect. Fresh instructions on the matter will be issued in due course of time. Refer the exact content of the Circular as per the following… Read More

Last Date of Acceptance of Deposits without deposit insurance contract extended till the 31st March, 2018

TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India, Ministry of Corporate Affairs Notification   New Delhi, dated, the 11th May, 2017   G.S.R. (E)…….. - ln exercise of the powers conferred by sections 73 and 76 read with sub- section (1) and sub-section (2) of… Read More

Form DIR-3C and RD-1 are likely to be revised

Form DIR-3C for Intimation of Director Identification Number by the company to the Registrar DIN services and RD-1 for Applications made to Regional Director, are likely to be revised on MCA21 w.e.f 11th May 2017. Read More

Dormant Company : A New Concept of the New Act

  DORMANT COMPANY  {Section 455 of the Companies Act, 2013 read with Companies (Miscellaneous) Rules, 2014} [Effective from 1st April, 2014]     New Concept and new definition, yes, the Companies Act, 2013 introduced a new concept i.e. Dormant Company, for the Companies which are registered under this Act and for the inactive Companies incorporated… Read More

Fast Track Exit (FTE) Scheme under Companies Act, 2013

  FAST TRACK EXIT (FTE) SCHEME   Section 248, 249, 250, 251 & 252 of the Companies Act, 2013 {Read with Companies (Removal of Names of Companies from Register of Companies) Rules, 2016} [Effective from 26th December, 2016]   FAST TRACK EXIT (FTE) scheme has been notified under the new Companies Act, 2013. It is… Read More

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