Category - Company Law

MCA extends date for inviting comments on National Voluntary Guidelines till 10th September 2018

The Ministry of Corporate Affairs (MCA) issued the National Voluntary Guidelines on Social, Environmental & Economic Responsibilities of Business (NVGs) in July 2011 with a view to provide a clear, broad-based framework for carrying out responsible business and be accountable to all its stakeholders. The NVGs were developed based on India’s socio-cultural context and priorities… Read More

Last date of DIR-3 KYC extended upto 15th Sept, 2018

MCA has extended the last date of filing DIR -3KYC without any filing fees upto 15/09/2018 from 31/08/2018. The fees of ₹5,000/- shall be applicable & payable on all delayed filings w.e.f 16/09/2018. MCA has also revised the form DIR-3 KYC. Download the MCA notification F No. 01/06/2013 CL-V (Pt-I) dated 21st August, 2018. Read More

Auditing Misconduct in India: Diversion of Law by Multi-national Accounting Firms.

Multi-National Accounting Firms (MAFs) are corporate persons who dominate the auditing market in the World. The Big Four Accounting firms in India – Deloitte, Ernst and Young, PricewaterhouseCoopers and KPMG, bags half the business from India’s top 500 listed firms and all the fortune 100 firms except one[1]. The billings of top 6 MAFs is… Read More

Tags: Corporate Affairs MinistryThe Institute of Chartered Accountants of India

Insolvency and Bankruptcy Code (Second Amendment) Act, 2018 notified

THE INSOLVENCY AND BANKRUPTCY CODE (SECOND AMENDMENT) ACT, 2018 NO. 26 OF 2018 [17th August, 2018.] An Act further to amend the Insolvency and Bankruptcy Code, 2016. BE it enacted by Parliament in the Sixty-ninth Year of the Republic of India as follows:— 1. (1) This Act may be called the Insolvency and Bankruptcy Code… Read More

MCA extends time for National Voluntary Guidelines till 31st August 2018

The Ministry of Corporate Affairs (MCA) issued the National Voluntary Guidelines on Social, Environmental & Economic Responsibilities of Business (NVGs) in July 2011 with a view to provide a clear, broad-based framework for carrying out responsible business and be accountable to all its stakeholders. The NVGs were developed based on India’s socio-cultural context and priorities… Read More

Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018 notified

Government of India Ministry of Corporate Affairs Notification New Delhi, 07th August,2018 G S'R.- (E). - In exercise of the powers conferred by section 42, read with 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… Read More

MCA notifies Section 10 of Companies (Amendment) Act, 2017

  Government of India Ministry of Corporate Affairs Notification New Delhi, the 7th August ,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 Government hereby appoints the 7th day of August, 2018 as the date on which the provisions of… Read More

MCA invites comments on Draft Companies (Cost Records and Audit) Amendment Rules, 2018

Government of India Ministry of Corporate Affairs NOTICE INVITING COMMENTS ON THE DRAFT COMPANIES (COST RECORDS AND AUDIT) AMENDMENT RULES, 2018 Dated: 6th August, 2018 Pursuant to introduction of GST, the Companies (Cost Records and Audit) Rules, 2014 are to be amended to incorporate resultant changes. Accordingly, the Draft Companies (Cost Records and Audit) Amendment Rules,… Read More

MCA notifies Companies (Accounts) Amendment Rules, 2018

Ministry of Corporate Affairs  Notification New Delhi, the 31 July, 2018 G.S.R. (E)- In excercise of the  powers conferred by section134 read with section 469 of  the companies Act, 2013(18 of 2013), Companies Act, 2013(18 of 2013), the  central government hereby makes the following rules further to amend the Companies (Accounts) Rules, 2014, namely:- 1. (1) These… Read More

Govt. constitutes National Company Law Tribunal, Kochi Bench at Kochi

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th July, 2018 S.O. 3683(E).—In exercise of the powers conferred by sub-section (1) of section 419 of the Companies Act, 2013 (18 of 2013), the Central Government hereby constitutes the National Company Law Tribunal, Kochi Bench at Kochi and for the said purpose hereby makes the following… Read More

MCA notifies Companies (Incorporation) Third Amendment Rules, 2018

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 27th July, 2018 G.S.R. 708(E).—In exercise of the powers conferred by section 3, sub-section (1) of section 7 and 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… Read More

MCA commences section 5 aand 6 of Companies (Amendment) Act, 2017

Government of India Ministry of Corporate Affairs Notification New Delhi, the 27th July, 2018 S.O. -(E).- In exercise of the powers conferred by subsection (2) of section 1 of the Companies (Amendment) Act, 2017 (1 of 2018), the Central Government hereby appoints the day of 27th July, 2018 as the date on which the following… Read More

MCA revises the version of the eForm DIR – 6

MCA has revised the version of the eForm DIR - 6 (Intimation of change in particulars of Director to be given to the Central Government), which is now available at Company Forms Download page w.e.f 26th July, 2018. Further, updating of Email ID and Mobile number in DIR-6 has been temporarily disabled till further notice,… Read More

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