Company Law - Corporate Law Reporter

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

NCLT (Amendment) Rules, 2016

The Ministry of Corporate Affairs has issued in exercise of the Powers conferred by sub sections (1) and (2) or section 469 or the Companies Act, 2013 (18 of 2o13), the Central Government hereby makes the following rule further to amend the National Company Law Tribunal Rules,2016 Please click on below to download the rules: NCLT (Amendment) Rules Read More

Discontinuation of E-Forms INC-2 & INC-7 and mandatory implementation of SPICe Forms

Stakeholders may kindly note that existing INC-2 and INC-7 eforms are likely to be withdrawn from the MCA portal shortly. Stakeholders will then have to use only SPICe (Simplified Proforma for Incorporating a Company electronically) forms viz. SPICe (INC-32), SPICe eMoA (INC-33) and SPICe eAoA (INC-34) for incorporation of all companies including Section 8 Companies… Read More

NCLT (Procedure for reduction of share capital of company) Rules, 2016

The Ministry of Corporate Affairs has issued rules in exercise of the powers conferred by sub-section (1) and (2) of section 469 read with section 66 of the Companies Act, 2013(18 of 2013) the Central Government hereby makes the following rules namely: NCLT (Procedure for reduction of share capital of company) Rules, 2016 Read More

Companies (Compromises, Arrangements and Amalgamations) Rules, 2016

The Ministry of Corporate Affairs has issued Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 dated 14th December, 2016. Please click on the below link to download the rules: Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 Read More

Don’t have cash? Order latest book on Companies Act online

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

Corrigendum notification relating to amendment in Schedule II

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i)] Government of India Ministry of Corporate Affairs New Delhi, 09th December, 2016 Corrigendum G.S.R. ______(E).- In the notification of the Government of India in the Ministry of Corporate Affairs number G.S.R. 1075(E), dated the 17th November, 2016 published in the… Read More

Monthly Summary of MCA for the month of November

The Ministry of Corporate Affairs has issued Monthly Summary of MCA for the month of November, Please click on the below link to download the poilcy: Important policy decisions taken and major achievements during the month of November, 2016 Read More

Companies (Removal of Difficulties) Fourth Order, 2016

MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 7th December, 2016 S.O. 3676(E).—Whereas clause (c) of sub-section (1) of section 434 of the Companies Act, 2013 (hereinafter referred to as the 2013 Act) provides that on a date which may be notified by the Central Government for the purpose of transfer of pending proceedings, all… Read More