Category - Company Law

Process for registration of Registered Valuers

Process to be followed for registration as Registered Valuer with the Authority under the Companies (Registered Valuers and Valuation) Rules, 2017 The Central Government notified the commencement of section 247 (relating to valuers) of the Companies Act, 2013 with effect from 18th October, 2017. It also notified the Companies (Registered Valuers and Valuation) Rules, 2017… Read More

Soon Pay Rs. 100 per day as penalty for delay in MCA filings

It is proposed to amend shortly, the Companies (Registration Offices and Fees) Rules 2014 to levy additional fee @Rs.100 per day for filings under Section 92 (Annual Return) or 137 (Annual Financial Statement) of the Companies Act, 2013. Once notified, the additional fee @Rs.100 per day (beyond the normal date of filing) shall become payable in respect… Read More

AS22 and Ind AS 12 not applicable on Govt. Companies forever :MCA

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 2nd April, 2018 S.O. 1465(E).—In exercise of the powers conferred by sub-section (6) of section 129 of the Companies Act, 2013 (18 of 2013), the Central Government, in the interest of public, hereby makes the following amendments in the notification of the Government of India, Ministry of… Read More

Companies (Indian Accounting Standards) Amendment Rules to be effective from 1st April 2018

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 28.03. 2018 G.S.R. ….. (E).—In exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013) and sub-section (1) of section 210A of the Companies Act, 1956 (1 of 1956), the Central Government, in consultation with the National… Read More

MCA notifies Section 132 sub section (3) and (11) of the Companies Act 2013

Government of India Ministry of Corporate Affairs Notification New Delhi the 21st March, 2018 S. O. _____ (E).- In exercise of the powers conferred by sub-section (3) of section 1 of companies Act, 2013(18 of 2013), the central government hereby appoints  the 21st March 2018 as the date on which provisions of sub-sections (3) and… Read More

Companies (Incorporation) Second Amendment Rules, 2018 notified

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 23rd March, 2018 G.S.R. (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Incorporation) Rules, 2014, namely: –… Read More

Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Amendment Rules, 2018

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 8th March, 2018 G.S.R. 213(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… Read More

MCA notifies Companies (Accounts) Amendment Rules, 2018

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27 February, 2018 G.S.R. (E).—In exercise of the powers conferred by sub-sections (1) and (3) of section 128, sub section (3) of section 129, section 133, section 134, sub section (1) of 136 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central… Read More

CCI(Salary, Allowances and other Terms and Conditions of Service of Chairperson and other Members) Amendment Rules, 2018

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 28 th February, 2018. G.S.R. 190(E).—In exercise of the powers conferred by clause (d) of sub-section (2) of section 63 read with sub-section (1) of section 14, of the Competition Act, 2002 (12 of 2003), the Central Government hereby makes the following rules further to amend the… Read More

MCA appoints Shri Gyaneshwar Kumar Singh as ex officio member of IBBI

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 22nd February, 2018 S.O. 780(E).—In exercise of the powers conferred by clause (b) of sub-section (1) of section 189 of the Insolvency and Bankruptcy Code, 2016 (31 of 2016), the Central Government hereby appoints Shri Gyaneshwar Kumar Singh, Joint Secretary, Ministry of Corporate Affairs as ex-officio member… Read More

MCA exempts companies engaged in defence production from segment reporting

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRA-ORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 23 February, 2018 S.O.___(E). – In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) and sub-section (2) of section 462 of the Companies Act,… Read More

Disqualification of directors- Option available to Individual directors for removal of disqualification

As we all are aware that in September, 2017 the government of India steps up its fight against the black money. The Government of India with the help of Ministry of Finance, pushes ahead with the efforts to weed out shell companies (a term used for entities that have not been carrying out business for… Read More

MCA notifies certain sections of the Companies Amendment Act , 2017

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub' section (ii)l Government of India Ministry of Corporate Affairs Notification New Delhi, the 9th February, 2018 S.O. -(E).- In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Amendment) Act 2017 (1' of 2018), the Central… Read More

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