Company Law - Corporate Law Reporter

Companies (Incorporation) Second Amendment Rules, 2016

[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, 23rd March,2016 G.S.R. .-In exercise of the powers conferred by sub-sections (1) and (2) of Section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes… Read More

Review of Foreign Direct Investment Policy (FDI) on Insurance Sector

The Government of India has liberalized its Foreign Direct Investment policy on Insurance Sector. To Download complete please click on the link below: Review of Foreign Direct Investment Policy (FDI) on Insurance Sector Read More

Review of Foreign Direct Investment Policy (FDI) on Pension Sector

The Government of India has liberalized its Foreign Direct Investment (FDI) policy on Pension Sector. To Download complete please click on the link below: Review of Foreign Direct Investment Policy (FDI) on Pension Sector Read More

Designating Central Public Information Officers under the Right to Information Act, 2005

Order Ref:IRDA/ADM/ORD/MISC/054/03/2016 Date:22-03-2016 Designating Central Public Information Officers under the Right to Information Act, 2005 In partial modification of Office Order ref. Ref: IRDA/ADM/ORD/MISC/076/04/2015 dated 20-04-2015 and Ref. IRDA/ADM/ORD/MISC/160/08/2015 dated 31-08-2015, the following changes have been made in respect of appointment of Central Public Information Officers in terms of Section 5(1) of the Right to… Read More

New LLP Front Office Service

Kindly note that a new LLP Front Office Service ‘Enter Form 3 or Form 3 & 4 details for LLP filing’ has been introduced. This service will enable users to insert relevant details of Form 3 or Form 3 & Form 4 (both) in case corresponding Form 3 & Form 4 (both) are pending for… Read More

New Portal MCA21 likely to be launched – 27th March 2016

The Ministry of Corporate Affairs will launch a new MCA21 portal for Company users. The new portal is likely to be launched on 27th March 2016. To facilitate implementation of the new portal, the offline payment methods – Challan, NEFT, Pay Later – will be disabled for Company services effective Saturday, 19th March 2016. Stakeholders… Read More

Upgrade of Versions of Forms 2,4 & 17 LLP

Version of Forms 2, 4 and 17 LLP are likely to be modified w.e.f 23rd March 2016. All Stakeholders are requested to plan accordingly. Read More

Highlights of Amendments proposed in Companies (Amendment) Bill 2016

Th Key amendments proposed in the bill are as follows: 1) Appointment of auditors: It has been proposed to do away with the requirements of annual ratification by members with respect to appointment of auditors. Further, under the exisitng provisions, the auditor who has resigned from the company needs to file Form No. ADT-3… Read More

The Companies (Amendment) Bill, 2016 as introduced in Lok Sabha on March 16, 2016

The bill to further amend the Companies Act, 2013 has been introduced in Lok Sabha today i.e. March 16, 2016 by Hon'ble Union Minister Shri Arun Jaitley. To Download complete Companies Amendment Bill, 2016, please click on the link below: Companies Amendment Bill, 2016 Read More

The Companies (Amendment) Bill, 2016 introduced in Loksabaha

The bill to further amend the Companies Act, 2013 has been introduced in Lok Sabha today i.e. March 16, 2016 by Hon'ble Union Minister Shri Arun Jaitley. Please watch this space for the copy of the bill soon. Read More

Relaxation Under Section 42 of Companies Act

Companies Law Committee (CLC) constituted by Government to look into issues arising out of implementation of Companies Act, 2013 has in its report made recommendations to ease private placement procedures laid down under Section 42 of the Companies Act, 2013. Simplified procedures are recommended for all private placements irrespective of the type of company. The… Read More

CSR Activities by Corporate Houses

Corporate Social Responsibility (CSR) provision of the Companies Act, 2013 came into force from 1stApril, 2014. The year 2014-15 was the first year of implementation of CSR by companies under the legislation. During this year, a total of 460 listed companies which have placed annual CSR returns on their websites, have spent about Rs. 6337… Read More

Auditor’s Role & Responsibilities under Companies Act, 2013

The new Companies Act (hereinafter referred as COMPANIES ACT 2013) is replacing old Companies Act, 1956 (hereinafter referred as CA1956). The CA 2013 makes comprehensive provisions to govern all listed and unlisted companies in the country. The CA 2013 is partially made effective w.e.f. 12th September, 2013, by way of implementing 98 Sections and repealing… Read More