Company Law - Corporate Law Reporter

SEBI- Review of Regulatory Compliance and Periodic Reporting

CIRCULAR CIR/MIRSD/7/2012 July 05, 2012 All Registrars to an Issue and Share Transfer Agents registered with SEBI Sub: Review of Regulatory Compliance and Periodic Reporting 1. Registrars to an issue and Share Transfer Agents are required to furnish quarterly report in electronic form in the prescribed format in terms of SEBI Circulars No. RRTI Circular… Read More

Reduction of Time-line for Transfer of Equity Shares and Prescription of Time-line for Transfer of Debt Securities

CIRCULAR CIR/MIRSD/8 /2012 July 05 , 2012 To All Recognized Stock Exchanges All SEBI registered Registrars to an Issue and Share Transfer Agents Sub: Reduction of Time-line for Transfer of Equity Shares and Prescription of Time-line for Transfer of Debt Securities. 1. The listing agreement for equity shares prescribed under the Securities Contracts (Regulation) Act,… Read More

SEBI Circular on Enhancement in Foreign Investment limits in Government debt

CIR/IMD/FIIC/8/2013 CIRCULAR June 12, 2013 To All Foreign Institutional Investors through their designated Custodians of Securities The Depositories (NSDL and CDSL) Sir / Madam, Sub: Enhancementin Foreign Investment limits in Government debt 1. The Government of India has enhanced the Government Debt Limits by USD 5 billion (equivalent to approximately INR 29,137 cr converted at… Read More

MCA-HIGHLIGHTS OF THE COMPANIES BILL, 2011

The salient features of the Bill: 1. Classification and Registration Concept of One Person Company (OPC limited) [Clause 2(62)]. Small companies have been defined (maximum paid-up share capital not exceeding Rs. 50 Lakhs) and have been subjected to a less stringent regulatory framework [Clause 2(85)]. Entrenchment Provision has been proposed in the Bill [clause 5(3)]. Conversion… Read More

Extension of time in Filing of annual return by Limited Liability Partnerships (LLPs)

Circular No. 15 /2012 Sub: Extension of time in Filing of annual return by Limited Liability Partnerships (LLPs) In continuation of this Ministry™s Circular no 13/2012 dated 06.06.2012 on the subject cited above, it is stated that the time for filing the Annual Return by LLPs (i.e. Form 11) has been extended up to 31st July,… Read More

MCA- Filing of Cost Audit Report (FormI) and Compliance Report (FormA) in the eXtensible Business Reporting Language (XBRL) mode.

52/17/CAB2011 Government of India Ministry of Corporate Affairs Cost Audit Branch ***** ˜B1™ Wing, 2nd Floor, Paryavaran Bhawan, CGO Complex, Lodhi Road, New Delhi 110 003 To, The President, Institute of Cost Accountants of India, 12, Sudder Street, Kolkata 700 016 Subject: Filing of Cost Audit Report (FormI) and Compliance Report (FormA) in the eXtensible Business Reporting Language (XBRL)… Read More

MCA- Imposing fees on certain e-forms filed with ROC, RD or MCA(HQ) under MCA-21 where at present no fee is prescribed.

General Circular No. 14/2012 F.No. 17/187/2011 CL.V Government of India Ministry of Corporate Affairs CL V Section 5th Floor, A Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi Dated 21st June, 2012 To All Regional Directors, All Registrar of Companies, All Stakeholders. Sub: Imposing fees on certain e-forms filed with ROC, RD or MCA(HQ) under… Read More

SEBI-Clarification to the Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) Circular dated April 13, 2012

CIRCULAR CIR/MRD/DMS/ 17 /2012 June 22, 2012 All Stock Exchanges / All Depositories Dear Sir / Madam, Sub: Clarification to the Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) Circular dated April 13, 2012 1. SEBI vide circular no CIR/MRD/DMS/12/2012 dated April 13, 2012 had issued broad guidelines for Business Continuity Plan and… Read More

MCA Notification on Investor Education

The Ministry of Corporate Affairs has notified that Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with companies) Rules, 2012, has mandated every company to file e-Form 5INV containing the information of unclaimed and unpaid amounts as referred to in subsection (2) of section 205C of the Companies Act,… Read More

Redressal of complaints against SEs & Depositories through SEBI Complaints Redress System

CIRCULAR CIR/MRD/ICC/16/2012 June 15, 2012 All Depositories; All recognized Stock Exchanges Sub: Redressal of complaints against Stock Exchanges (SEs) and Depositories through SEBI Complaints Redress System (SCORES). 1. As you are aware, SEBI has commenced processing of complaints through SCORES. 2. The complaints received by SEBI against SEs and Depositories shall be electronically sent through… Read More

SEBI-Establishment of Connectivity with both depositories NSDL and CDSL Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement

CIRCULAR CIR/MRD/DP/ 15 /2012 June 14, 2012 To, All Stock Exchanges Dear Sir / Madam, Sub: Establishment of Connectivity with both depositories NSDL and CDSL Companies eligible for shifting from Trade for Trade Settlement (TFTS) to normal Rolling Settlement 1. It is observed from the information provided by the depositories that the companies listed in… Read More

New LLP portal- Guidelines for stakeholders

USER REGISTRATION & LOGIN Any user willing to avail any LLP related service for which payment of fees is required need to register on MCA21 system. For registration, users have been categorised into following two categories: a) Registered User b) Business User - these are further categorised into following roles: - Designated partner - Practicing Professional - Authorised… Read More

Achievements of the Ministry of Corporate Affairs

Union Corporate Affairs Minister Dr. M. Veerappa Moily has emphasized upon creating an environment that would enable the corporate community meet the multifarious global challenges while enhancing their competitiveness. Dr. Moily was addressing a Press Conference to highlight the achievements of his Ministry here in New Delhi today. The minister said a systematic plan has… Read More