Company Law - Corporate Law Reporter

MCA notifies Companies (Appointmnent and Qualification of Directors) fourth Amendment Rules, 2018 w.e.f. 10 July

Governement of India Minsitry fo Corporate Affairs Notification New Delhi, dated , 05.07.2018 G.S.R. (E).-In exercise of the powers conferred under second proviso to sub-section (1), sub-section (4), clause(f) of sub-section (6) of section 149, sub-section (3) and (4) of section 150, section 151, sub-section (5) of section 152, section 153, section 154, section 157,… Read More

Companies (Acceptance of Deposits) Amendment Rules, 2018 effective from 15 August 2018

Governement of India Minsitry fo Corporate Affairs Notification New Delhi, dated , 05.07.2018, G.S.R.___(E):- In excercise of the powers conferred by section 73 and section 74 read wth sub-section(1) and sub-section (2) of section 469 of the Companies Act, 2013(18 of 2013), the Central Government in consultation with the Reserve Bank of India, hereby makes … Read More

IBBI (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations, 2018

GAZETTE OF INDIA EXTRAORDINARY PART III, SECTION 4 PUBLISHED BY AUTHORITY INSOLVENCY AND BANKRUPTCY BOARD OF INDIA NOTIFICATION New Delhi, the 3rd July, 2018 THE INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (INSOLVENCY RESOLUTION PROCESS FOR CORPORATE PERSONS) (THIRD AMENDMENT) REGULATIONS, 2018 No. IBBI/2018-19/GN/REG031. -In exercise of the powers conferred by clause (t) of sub-section (1)… Read More

IBBI releases model timelines of corporate Insolvency resolution process

Insolvency and Bankruptcy Board of India PRESS RELEASE 4 th July, 2018 IBBI amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 The Insolvency and Bankruptcy Board of India (IBBI) has notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Third Amendment) Regulations,… Read More

Have you ever fallen in love with a Book?

Dear Professional Colleague: Thank you for your overwhelming response to the previous 3 editions of Corporate Law Referencer (CLR), making us one of the leading books on Companies Act, 2013 in India. We are glad to announce the release of the 4th edition of Corporate Law Referencer – the latest book on Companies Act, 2013,… Read More

Annual KYC of Directors to be made mandatory

As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC to be notified and deployed shortly. Accordingly, every Director who has been allotted DIN on or before 31st March, 2018 and whose DIN is in ‘Approved’ status, would be mandatorily required to file form… Read More

MCA issues conrrigendum to commencement notification of Companies Amendment Act 2017

Government of India Ministry of Corporate Affairs CORRIGENDUM New Delhi, the 21st June 2018 S.O....(E).- In the notification of the Government of India, in the Ministry of Corporate Affairs, Number S.O. 2422(E), dated the 13th June , 2018, published in the gazette of India, Extraordinary , PartII, Section 3 , Sub-Section (ii), dated the 14th… Read More

MCA invites public comments on National Guidelines on the Economic, Social and Environmental Responsibilities of Business

Background 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… Read More

MCA invites suggestions on draft on Cross-Border Insolvency

Government of India Ministry of Corporate Affairs Insolvency Section File no.30/27/2018 Dated:20.06.2018 Public Notice Government has taken in initiative to introduce a chapter on Cross-Border Insovency within the Insolvency & Bankruptcy Code, 2016 (The Code) to provide a comprehensive legal framework, Considering the fact that corporates transct businesses in more than one jurisdiction and also … Read More

MCA notifies certain sections of Companies Amendment Act 2017 w.e.f 13 June 2018

Government of India Ministry of Corporate Affairs Notification New Delhi, the 13th June, 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 13th June, 2018 as the date on which the following provisions… Read More

MCA notifies Companies (Significant Beneficial Owners) Rules,2018

GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION NEW DELHI, 13th June,2018 G.S.R. (E) _. In exercise of the powers conferred by Section 90 read with sub-section (l) of section 469 of the Companies Act,2013 (18 of 2013), the Central Government hereby makes the following rules, namely :- Short title and commencement.- These rules may… Read More

Companies (Registered Valuers and Valuation) Second Amendment Rules, 2018

Government of India Ministry of Corporate Affairs Notification New Delhi, the 13 June,2018 G.S.R.......(E).- In exercise of the powers conferred by section 247 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following Rules further to amend the Companies (Registered Valuers and Valuation) Rules, 2017, namely:-… Read More

MCA notifies Limited Liability Partnership (Amendment) Rules, 2018

Government of India Ministry of Corporate Affairs Notification New Delhi, Dated, 12th June, 2018 G.S.R. _ (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 79 of the Limited Liability Parhrership Act, 2008 (6 ot 2009), the Central Government hereby makes the following rules further to amend the Limited Liability… Read More