Category - Company Law

MCA revises Form AOC- 4 XBRL and Form AOC-4

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 6th November, 2017 G.S.R.1372(E).—In exercise of the powers conferred by sub-sections (1) and (2) of Section 469 read with section 398 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Filing of Documents and Forms… Read More

IBBI Insolvency Resolution Process for Corporate Persons (Third Amendment) Regulation notified

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 7th November, 2017 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (INSOLVENCY RESOLUTION PROCESS FOR CORPORATE PERSONS) (THIRD AMENDMENT) REGULATIONS, 2017 No. IBBI/2017-18/GN/REG019.—In exercise of the powers conferred by clause (t) of sub-section (1) of Section 196 read with section 240 of the Insolvency and Bankruptcy, Code,… Read More

IBBI Fast Track Insolvency Resolution Process for Corporate Persons (Third Amendment) Regulation notified

INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 7th November, 2017 INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (FAST TRACK INSOLVENCY RESOLUTION PROCESS FOR CORPORATE PERSONS) (THIRD AMENDMENT) REGULATIONS, 2017 No. IBBI/2017-18/GN/REG020.—In exercise of the powers conferred by clause (t) of sub-section (1) of section 196 read with section 240 of the Insolvency and… Read More

MCA to soon introduce ‘Early Warning System’ to strengthen the Regulatory Mechanism

Press Information Bureau Government of India Ministry of Corporate Affairs 05-November-2017 16:17 IST Around 2.24 lakh companies have been struck-off till date for remaining inactive for a period of two (2) years or more;. Around 3.09 lakh Directors disqualified who were on the Board of Companies that have failed to file Financial Statements and/or Annual… Read More

MCA designates special court in chennai for speedy trial of offences

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, the 03rd November, 2017 S.0………… (E).- In exercise of the powers conferred by sub-section (1) of section 435 of the Companies Act, 2013 (18 of 2013), the Central Government, with the concurrence… Read More

MCA dispenses with uploading Form 49A and 49B w.e.f 4th November 2017, 6 P.M.

As part of MCA's continuous efforts for simplifying Incorporation related process for providing Ease of Doing Business to stakeholders, it will be dispensing with the requirement of separately uploading Forms 49 A& 49B after filing SPICe e-forms. Accordingly, With effect from 6PM of 4th November 2017, stakeholders will NOT be required to upload signed 49A/49B using “Submit application for PAN/TAN” service,… Read More

Due date of Annual Filing with ROC extended till 28.11.2017

General Circular No.14/2017 F.No.- 01/34/2013 CL-V Government of India Ministry of Corporate Affairs 5th Floor `A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi-100011 Dated:27/10/2017 To Regional Directors, All Registrar of Companies, A All Stakeholders. Subject:Relaxation of additional fees and extension of last date of filing AOC-4 and  AOC-4(XBRL non-IndAS) under the Companies Act… Read More

Clarification regarding approval of resolution plans under section 30 and 31 of Insolvency and Bankruptcy Code, 2016

General Circular No. IBC/01/2017 No.- 30/14/2017-Insolvency Government of India Ministry of Corporate Affairs 5th Floor `A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi-100011 Dated: 25/10/2017 To Chairperson,IBBI All Regional Directors All Registrar of Companies, All Stakeholders Subject: Clarification regarding approval of resolution plans under section 30 and 31 of insolvency and Bankruptcy Code,… Read More

MCA extends last date for filing of AOC-4 XBRL E-Forms using Ind AS till 31.03.2018

General Circular No. 13/2017 F.No. 01/19/2013-CL-V (Pt.) Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhawan Dr. R.P. Road, New Delhi-110001 Dated:- 26th October, 2017 To All Regional Directors, All Registrar of Companies All Stakeholders Sub: Relaxation of Additional fees and extension of last date of filing of AOC-4 XBRL E-Forms… Read More

MCA notifies Section 247 of the Companies Act 2013 w.e.f 18th October, 2017

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th October, 2017 S.O. 3393(E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 18th October, 2017 as the date on which the provisions of section 247 of the said Act… Read More

MCA notifies Companies (Registered Valuers and Valuation) Rules, 2017

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i)] Ministry of Corporate Affairs New Delhi, the 18th October, 2017 G.S.R (E).─ In exercise of the powers conferred by section 247 read with sections 458, 459 and 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby… Read More

MCA delegates power under section 247 of CA 2013 to Insolvency and Bankruptcy Board of India

[To be published in the Gazette of India, Extra-ordinary,part-II,section 3, sub-section (ii)] MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, dated the 23rd October,2017 S.O------- (E). -In exercise of the powers conferred by section 458 of the Companies Act, 2013 (18 of 2013), the Central Government hereby delegates the powers and functions vested in it under… Read More

MCA notifies Companies (Removal of Difficulties) Second Order, 2017

MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 23rd October, 2017 S.O. 3400.(E).—Whereas, sub-section (1) of section 247 of the Companies Act, 2013 (18 of 2013) (hereafter referred to as the said Act) provides that where a valuation is required to be made in respect of any property, stocks, shares, debentures, securities or goodwill or… Read More

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