Category - Company Law

Clarification on filing of e-form RD-1-Conversion of Public Company into Private Company and change in Financial Year

Ministry of Corporate affairs (MCA) vide its Circular No. 03/2019 dated 11/03/19 clarified that until a revised version of e-form RD-1, amended as per the provisions of Companies (Incorporation fourth Amendment) Rules, 2018 vide notification no. G.S.R 1219(E) dated 18/12/2018 for filing of application for change in financial year u/s 2(41) and for conversion of… Read More

Companies (Incorporation) 2nd Amendment Rule 2019

Ministry of Corporate affairs (MCA) vide its notification dated 6th March, 2019 has amended Companies (Incorporation) Rules, 2014 which may be called as Companies (Incorporation) second Amendment Rules, 2014- i) As per Rule 30(5)(a) of Companies (Incorporation) Rules, 2014  In case of shifting of registered office from one state to other state, an advertisement is required… Read More

eForm INC.22A – Form ACTIVE is available on MCA21 w.e.f 25th February 2019

eForm INC.22A -Form ACTIVE (Active Company Tagging Identities and Verification (ACTIVE) is available on MCA21 portal  w.e.f 25th February 2019. Please find below link to download the Form INC-22A :- http://www.mca.gov.in/MinistryV2/companyformsdownload.html     Read More

Fees for Form ACTIVE_ Companies (Regn offices and Fees) Amendment Rules, 2019

MCA vide its notification dated 21st Feb., 2019 amended Annexure to Companies (Registration offices and Fees) Rules, 2014 and prescribed for fees for filing of Form ACTIVE (Active Company Tagging Identities and Verification) provided under Rule 25A of the companies (Incorporation) Rules, 2014 as follows- Till 25th April, 2019 – Nil On or after 26th April, 2019-… Read More

Form ACTIVE (Active Company Tagging Identities and Verification)-Companies (Incorporation) Amendment Rules, 2019

Ministry of Corporate affairs vide its notification dated 21st Feb. 2019 effective from 25th Feb. 2019, has come up with a new requirement of filing of Form ACTIVE  (Active Company Tagging Identities and Verification) for filing the particulars of the Company and its registered office as per the following details- Mandatory for - all the companies… Read More

Extension for last date of filing initial return in MSME Form 1

MCA has issued Circular no. 01/2019 dated 21st Feb. 2019 in reference to the pending deployment of MSME Form I on MCA 21 portal,  stating that the period of 30 days for filing initial return in MSME Form 1 as specified in Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order,… Read More

Companies (Adjudication of Penalties) Amendment Rules, 2019

Ministry of Corporate affairs (MCA) has notified Companies (Adjudication of Penalties) Amendment Rules, 2019 dated 19th February, 2019, wherein the Central Government may appoint any of its officers not below the rank of Registrar, as adjudicating officers for adjudging penalty. The adjudicating officer for the purpose of adjudicating penalty, shall issue a written notice indicating… Read More

Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2019

As per the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2019 dated 19th February, 2019, in the Annexure, in Form PAS 3, in serial no. 6, in item (b), the words "not allotted securities with an application size of less than twenty thousand per person" shall be omitted. Content of this Rule is… Read More

Institute of Chartered Accountants of India to withdraw its announcement regarding clarification on Applicability of Rotation principles on a Company as per Section 139 of the Companies Act, 2013

Ministry has issued a letter to Institute of Chartered Accountants of India (ICAI) dated 15th Feb, 2019 to withdraw its announcement regarding clarification on Applicability of Rotation principles on a Company as per Section 139 of the Companies Act, 2013, where the Company ceases to fall under the ambit of Rotation principles under subsequent years.… Read More

Companies (Significant Beneficial Ownership) Amendment Rules, 2019

As per notification dated 8th February, 2019, Section 469 (1) and (2) of the Companies Act, 2013 read with section 90 of the Companies Act, 2013, Central Government amends the Companies (Significant Beneficial Owners) Rules, 2018, as Companies (Significant Beneficial Owners) Amendment Rules, 2019 effective from 8th February, 2019. Some of the Key points are… Read More

MSME Compliances – Recent Notifications

Dear Professional Colleague: Currently there are an estimated 42.50 million, registered & unregistered Small and Medium Enterprises in India a staggering 95% of the total industrial units in the country. The SME sector employs about 106 million, 40% of India’s workforce, next only to the agricultural sector and contributes over 30% to the GDP of… Read More

Tag: MSME

Notification under Section 465 of Companies Act, 2013

As per the notification dated 30th January, 2019, Central Government has appointed 30th January, 2019 as the date on which the provisions of Section 465 of the Companies Act, 2013 relating to the repeal of Companies Act, 1956 shall come into force. However, exception has been provided related to the repeal of Registration of Companies… Read More

eForm INC.20A (Declaration for commencement of business) available on MCA21 w.e.f 26th January 2019.

MCA has made available eForm INC.20A for Declaration for commencement of business, will be available on MCA21 Company Forms Download page w.e.f 26th January 2019. The Form shall be filed by all the Companies incorporated on or after 2nd November, 2018, within 180 days from the date of its incorporation. Read More

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