Category - Company Law

Amendment in Schedule XIII of the Companies Act, 1956

GOI; MCA; Notification dt. 14th July, 2011 G.S.R¦¦.(E).- In exercise of the powers conferred by the sub section (1)  of section 641 of the Companies Act, 1956, the Central Government hereby makes the following further amendments in Schedule XIII of  the Companies Act, 1956:- 1.   In G.S.R 396(E) dated 23rd May, 2011 in Para 1(i)… Read More

Clarification regarding admission of Limited Liability Partnerships as members of Stock Exchanges

CIR/MIRSD/12/2011 July 11, 2011 To All Recognized Stock Exchanges Sub: Clarification regarding admission of Limited Liability Partnerships as members of Stock Exchanges. Dear Sir/Madam, 1. We have received requests from various stock exchanges to permit Limited Liability Partnerships (LLPs) to be admitted as members of stock exchanges so as to enable them to get registration… Read More

Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges

CIR/DNPD/6/2011 July 05, 2011 To Managing Director/ Chief Executive Officer Recognised Stock Exchanges Dear Sir/Madam, Sub: Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges (All Segments) 1. In consultation with BSE, MCX-SX, NSE and USE, it has been decided that the Stock Exchanges may allow modifications of client codes of non-institutional trades… Read More

Office or Place of Profit limits u/s 314 enhanced to Rs. 2.50 lacs – MCA

Companies (Central Government's) General Rules and Forms, 1956 amended GOI, Ministry of Corporate Affairs, dated 07.07.2011 G.S.R. ¦¦¦ (E). In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956) and all other powers hereunto enabling the Central Government hereby makes… Read More

Stock Exchanges may consider granting membership to LLPs

CIR/MIRSD/12/2011 July 11, 2011 All Recognized Stock Exchanges Sub: Clarification regarding admission of Limited Liability Partnerships as members of Stock Exchanges. We have received requests from various stock exchanges to permit Limited Liability Partnerships (LLPs) to be admitted as members of stock exchanges so as to enable them to get registration as stock broker under… Read More

Fast Track Scheme Vs Easy Exit Scheme – Key differences

Easy Exit Scheme enters into a new phase, it will now, be known as the Fast Track Exit scheme. The Easy Exit Scheme (EES) introduced by the Ministry of Corporate Affairs allowed the defunct companies to have an easy exit, by getting their Company names struck off from the Registrar of Companies, on being inoperative… Read More

Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges

CIRCULAR CIR/DNPD/6/2011 July 05, 2011 Managing Director/ Chief Executive Officer Recognised Stock Exchanges Sub: Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges (All Segments) 1. In consultation with BSE, MCX-SX, NSE and USE, it has been decided that the Stock Exchanges may allow modifications of client codes of non-institutional trades only to… Read More

Companies Director Identification Number (Third Amendment) Rules, 2011

GOI; MCA; Dated 5th July, 2011 In exercise of the powers confered by clause (A) and (b) of sub- section (1) of section 642 read with sections 266A, 266B and 226E of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules, further to amend the Companies ( Director Identification… Read More

Web Seminar on XBRL on 11th July 2011 – ICSI

FIRST MCA-ICSI WEB SEMINAR  ON XBRL   ICSI Head Quarters, New Delhi (Under the aegis of Ministry of Corporate Affairs) On 11th July, 2011 2.00 P.M. ONWARDS Dear Professional Colleague, The ICSI is organizing MCA-ICSI WEB SEMINAR ON XBRL at ICSI Head Quarters, New Delhi on Monday, July 11, 2011 from 2.00 pm to 4.00 pm. The programme… Read More

MCA clarification on Integration of DIN and DPIN

General Circular No. 44/2011r; dated 8th July, 2011 GOI; MCA All Regional Directors; All Registrar of Companies; Registrar of Limited Liability Partnership Sub: Integration of Director™s Identification Number (DIN) issued under Companies Act, 1956 with Designated Partnership Identification Number (DPIN) issued under Limited Liability Partnership (LLP) Act, 2008. The Ministry of Corporate Affairs has been… Read More

MCA issues Revised Name Availability Guidelines, 2011

General Circular No. 45/2011; GOI; MCA; Dated the 8th July, 2011 All the Regional Directors; All the Registrar of Companies Subject: Name Availability Guidelines, 2011 In super cession of all the previous circulars and instructions issued by Ministry of Corporate Affairs from time to time regarding name availability, the applicants and Registrar of Companies are… Read More

SEBI (Depositories and Participants) (Amendment) Regulations, 2011

THE GAZETTE OF INDIA EXTRAORDINARY PART III SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, JULY 5, 2011 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 5th July, 2011 SECURITIES AND EXCHANGE BOARD OF INDIA (DEPOSITORIES AND PARTICIPANTS) (AMENDMENT) REGULATIONS, 2011 No.  LAD-NRO/GN/2011-12/14/21219 - In exercise of the powers conferred by section 30 of the Securities… Read More

Exemption for delay in Filling of Balance Sheet and Profit and Loss Account

General Circular no 43/2011 GOI;MCA; Dated 7th July, 2011 All the Regional Directors, All the Registrar of Companies/ Official Liquidators; All stakeholders Sub: Filling of Balance Sheet and Profit and Loss Account in Extensible Business Reporting Language (XBRL) mode. In partial modification to Para 2 of Ministry's Circular_26-2011_ dated 18.05.2011, the filing on MCA 21… Read More

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