Company Law - Corporate Law Reporter

New LLP Portal Guidelines for Stakeholders

No eForm filing will be allowed to the LLP without verifying and updating the designated partners™ and partners™ details on the new LLP portal. o LLPs incorporated under the earlier LLP system (i.e. prior to 11th June 2012) are mandatorily required to verify the details of their Designated Partners and Partners. o This facility will… Read More

LLP (Amendment) Rules, 2012

[TO BE PUBLISHED IN THE GAZETTE: OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB SECTION (i)] MINISTRY OF CORPORATE AFFAIRS NOTIFICATION Date : 5.6.2012 G.S.R (E)... ..--In exercise of the powers conferred by sub-section (I) of section 79 of the Limited Liability Partnership Act, 2008 (6 of 2009). the Central Government hereby makes the following rules… Read More

MCA – Amendment in Form DIN 1

GOVERNMENT OF INDIA Ministry of Corporate Affairs Notification 1. In exercise of the powers conferred by clause (a)and (b) of sub-section (1) of section 642 read with sections 266 A, 266 B and 266 E ofthe Companies Act, 1956 (1 of 1956), the Central Government hereby makes thefollowing rules, further to amend the Companies (Director… Read More

Extension of time in Filing of annual return by Limited Liability Partnerships

Circular No. 13 /2012 F.No. 1/1/2011-CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan Dr. R.P. Road, New Delhi-110001 All the Regional Directors, All the Registrar of Companies / Official Liquidators All Stakeholders Sub: Extension of time in Filing of annual return by Limited Liability Partnerships (LLPs) Sir, The… Read More

SEBI-Revision in framework for Qualified Foreign Investor (QFI) investment in Equity Shares and Mutual Fund schemes

CIRCULAR CIR/ IMD/ FII&C/ 13/ 2012 June 07, 2012 All SEBI registered Intermediaries/ Recognized Stock Exchanges/ Depositories/ Mutual Fund/ qualified Depository Participants (DP) Sir / Madam, Sub: Revision in framework for Qualified Foreign Investor (QFI) investment in Equity Shares and Mutual Fund schemes Vide SEBI circulars Cir/IMD/DF/14/2011 and Cir/IMD/FII&C/3/2012 dated August 09, 2011 and January 13, 2012,… Read More

SEBI-Reporting of Offshore Derivative Instruments (ODIs)/ Participatory Notes (PNs) activity

CIRCULAR CIR/IMD/FIIC/14/2012 To All Foreign Institutional Investors through their designated Custodians of Securities Dear Sir/Madam, Sub:- Reporting of Offshore Derivative Instruments (ODIs)/ Participatory Notes (PNs) activity 1. Please refer to the SEBI Circular No. CIR/IMD/FIIC/1/2011 dated January 17, 2011 read with Circular No. CIR/IMD/FIIC/7/2011 dated June 15, 2011 and Circular No. CIR/IMD/FIIC/6/2011 dated May 12, 2011 on the… Read More

MCA clarification : General Circulars exempting certain activities are also applicable in respect of industry specific Cost Accounting Records Rules

F. No. 52/13/CAB-2011 Government of India Ministry of Corporate Affairs Cost Audit Branch B-1 Wing,2nd Floor … Read More

Amendment in Form 23AB – Form of Abridged Financial Statements – MCA

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, dated the 31st May, 2012. G.S.R. ______ (E). In exercise of the powers conferred by sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes… Read More

SEBI notifies SEBI (Alternative Investment Funds) Regulations 2012

The SEBI (Alternative Investment Funds) Regulations, 2012 (AIF Regulations) have been notified today. The AIF Regulations are available below. AIFs Regulations endeavour to extend the perimeter of regulation to unregulated funds with a view to systemic stability, increasing market efficiency, encouraging formation of new capital and consumer protection. Salient features of the AIF Regulations, inter alia, include… Read More

Modern Corporate Law 2012

CCH India, one of the leading information providers in the areas of Legal, tax and accounting functions has recently organised a conclave on Modern corporate Law. The event was highly appreciated by the participants and speakers. It was one of a kind event that received huge participation from across industries. Delegates from telecom, power, infrastructure,… Read More

Exemption from applicability of cost accounting records Rules to the construction industry

F.No,52/1/Cab-2012 Government of India Ministry of corporate affairs Cost audit branch ***** B-1Wing,2nd Floor, Paryavaran Bhavna CGO complex , New Delhi -110003 Dated the 25th may,2012 To, The Secretary General Construction federation of India 1103, Antriksh bhawan 22, K.G. Marg New Delhi -110001, Subject: Exemption from applicability of cost accounting records Rules to… Read More

LLP Registry not available from 1st June till 10th June, 2012

The Ministry of Corporate Affairs is contemplating to upgrade the LLP Registry from 11th June, 2012 which would enable the stakeholders to make online payment from all banks through NEFT or internet banking from six designated banks of MCA21, in addition to Credit Card payment. To facilitate the transition LLP Registry services will not be… Read More

Companies (Director Identification Number) Amendment Rules, 2012

{To be published in the gazette of India, extraordinary part-II Section 3, sub Section (i) Government of India Ministry of corporate affairs Notification New Delhi the _________2012 G.S. R.--------------------------(E).-In exercise of the powers conferred by clause (a) and clause (b) of sub section (1) of section 642 read with sections 266 A,… Read More