Category - Company Law

REDUCTION OF SHARE CAPITAL-PROCEDURE BEFORE NCLT UNDER COMPANIES ACT, 2013

On 07th December, 2016, Ministry of Corporate Affairs (MCA) has vide its Commencement Notification notified various sections of Companies Act, 2013 which includes arbitration, compromise, arrangements and reconstruction and winding up companies which has come into force with effect from 15th December, 2016. The Section 66 which is the governing provision for Reduction of Share… Read More

Latest Book on Companies Act, 2013 – Corporate Law Referencer

Dear Professional Colleagues ! If you are still using your old Bare Act, it is high time that you moved on from your “Old Bare Act” or just any other regular book on Companies Act and try something different. Corporate Law Referencer believes that normal is boring, hence Companies Act 2013 is presented to you in an… Read More

Revised INC-7 shall be made available on the portal for filing purposes w.e.f 15th January 2017

Vide the Companies (Incorporation) Amendment Fifth Rules, 2016 dated 29th December 2016, INC-2 is deprecated and INC-7 shall be used for incorporating Part I Companies and companies with more than seven subscribers only. The revised INC-7 shall be made available on the portal for filing purposes w.e.f 15th January 2017. For incorporating OPCs and Companies… Read More

Spice FAQs

1. How many names can be applied for in SPICe (INC-32)? Only one. However, for reservation of a name prior to filing SPICe (INC-32), you may use INC-1 (in which up to 6 names can be proposed) and then input the SRN of approved INC-1 into SPICe. 2. What is the mode of grievance redressal?… Read More

Companies (Incorporation) 5th amendment rules 2016 dated 29.12.2016

The Ministry of Corporate Affairs has issued 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: Please click on the below link to download the rules: Companies (Incorporation) 5th amendment… Read More

FAQs On SPICe

1. How many names can be applied for in SPICe (INC-32)? Only one. However, for reservation of a name prior to filing SPICe (INC-32), you may use INC-1 (in which up to 6 names can be proposed) and then input the SRN of approved INC-1 into SPICe. 2. What is the mode of grievance redressal?… Read More

New Fast Track Exit scheme under Companies Act, 2013 notified

MCA has notified Sections 248, Section 249, Section 250, Section 251 and Section 252 of the Companies Act, 2013 and also notified Companies (Removal of names of companies from the Register of Companies) Rules 2016 in respect of the new Fast Track Exit scheme under Companies Act, 2013. Please click on the below link to download… Read More

Removal of names of companies from the Register of Companies- clarification regarding availability of Form STK on MCA-21 portal

General Circular No. 16/2016 F.No. 1/28/2013-CL.V Government of India Ministry of Corporate Affairs 5th floor, 'A' wing, Shastri Bhavan, Dr. R.P. Road New Delhi - 110001 Dated 26th December, 2016 To All Regional Directors, All Registrar of Companies, All Stakeholders. Subject : Removal of names of companies from the Register of Companies- clarification regarding availability… Read More

Commencment of sections 248 to 252 of Companies Act, 2013

[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 26th December, 2016 S.O.___(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 26th… Read More

MCA releases new version of Forms

Forms IEPF-5, CG-1, PAS-3, MSC-1, MGT-14 and AOC-4 are likely to be revised on MCA21 Company Forms Download page w.e.f. 24th December 2016. Stakeholders are advised to check the latest version before filing. Read More

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