Company Law - Corporate Law Reporter

Notice inviting comments on the draft rules w.r.t. NCLT related provisions under the Companies Act, 2013

GOVERNMENT OF INDIA Ministry of Corporate Affairs NOTICE INVITING COMMENTS ON THE DRAFT RULES W.R.T. NCLT RELATED PROVISIONS UNDER THE COMPANIES ACT, 2013 Dated the 28th January, 2016 283 Sections of the Companies Act, 2013 have already been commenced. Remaining sections related to functioning of NCLT/NCLAT and certain other authorities are yet to be notified.… Read More

Versions of Forms INC-23 and MGT-14 is modified w.e.f 30th Jan 2016

Versions of Forms INC-23 and MGT-14 is modified w.e.f 30th Jan 2016. All Stakeholders are requested to plan accordingly. Read More

MCA Notices

All applications for reservation of name (INC-01) would be directed to "Central Registration Centre"(CRC) from 26th Jan 2016, as notified vide the Companies (Incorporation) Amendment Rules 2016, dated 22nd Jan 2016. The operations of CRC will commence with effect from 27th Jan 2016. Version of Form INC-1 is modified w.e.f 26th Jan 2016. Stakeholders are… Read More

Companies (Incorporation) 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, the 22nd January, 2016 G.S.R. (E).-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… Read More

Notification under section 396 of Companies Act, 2013 dated: 22.01.2016 .

[To be published in the Gazette of India, Extraordinary, Part ll, Section 3, sub-Section(ii)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, the 22nd January 2016 S.O. (E) In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of the Companies Act, 2013 (18 of 2013) (herein after referred… Read More

Roadmap drawn-up for implementation of Indian Accounting Standards (Ind AS) converged with International Financial Reporting Standards (IFRS) for Scheduled Commercial Banks (Excluding Rrbs), Insurers/Insurance Companies and Non-Banking Financial Companies (NBFC’s)

Press Information Bureau Government of India Ministry of Corporate Affairs 18-January-2016 19:54 IST Roadmap drawn-up for implementation of Indian Accounting Standards (Ind AS) converged with International Financial Reporting Standards (IFRS) for Scheduled Commercial Banks (Excluding Rrbs), Insurers/Insurance Companies and Non-Banking Financial Companies (NBFC’s) In pursuance to the Budget Announcement by the Union Finance Minister Shri… Read More

Whether Hindu Undivided Family (HUF) / its Karta can become partner/Designated Partner (DP) in Limited Liability Partnership (LLP).

General Circular No. 2/2016 F.No.1/13/2012 CL-V Government of India Ministry of Corporate Affairs ******* 5th Floor, ‘A’ Wing, Shastri Bhavan Dr. R.P. Road, New Delhi-110001 Dated: 15th January, 2016 All the RDs, All the ROCs/OLs All stakeholders, Subject: Whether Hindu Undivided Family (HUF) / its Karta can become partner/Designated Partner (DP) in Limited Liability Partnership… Read More

Corrigendum – Appointment of IT Application Development Agency For ‘Start Up India, Stand-Up India’ For Department Of Industrial Policy And Promotion

No. 10(59)/2015-BE.I Government of India Ministry of Commerce and Industry Department of Industrial Policy and Promotion BE-I Section New Delhi, the 14th January, 2016 Corrigendum This is with reference to RFP document for appointment of IT application development agency for 'Startup India, Standus India for Department of Industrial Policy and Promotion uploaded on website: http://eprocure.gov.in… Read More

Start Up India Action Plan

What if your idea is not just an idea? What if it sees light? What if it’s really born? What if you can get someone to believe in it? And help you nurture it? What if you can set a clear path for it? What if it can actually travel? What if it grows and… Read More

Guidance Note on SS-1 (Secretarial Standard -1) Meetings of the Board of Directors by ICSI

The “Secretarial Standard on Meetings of the Board of Directors” (SS-1), formulated by the Secretarial Standards Board of the Institute of Company Secretaries of India (ICSI) and issued by the Council of the ICSI, has been approved by the Central Government. Adherence to SS-1 is mandatory in terms of sub–section (10) of Section 118 of… Read More

Guidance Note on General Meetings SS-2 (Secretarial Standard -2) by ICSI

The “Secretarial Standard on General Meetings (SS-2)”, formulated by the Secretarial Standards Board (SSB) of the Institute of Company Secretaries of India (ICSI) and issued by the Council of the ICSI, has been approved by the Central Government. Adherence to this Secretarial Standard is mandatory in accordance with Section 118(10) of the Companies Act, 2013… Read More

Commencement of sub-sections (5), (6) and (7) of section 125 of Companies Act, 2013

[To be published in the Gazette of India, Extraordinary Part II, Section 3, Sub-section (ii)] Government of India Ministry of corporate Affairs Notification New Delhi, the 13th January, 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… Read More

The Concept of Private Placement under The Companies Act, 2013

1.1 INTRODUCTION: Any business needs funds in order to make it successful or at least run that business. Initially, the money comes from the subscription of the members but as the company grows, it definitely needs more funds. The company then raises funds by various methods. One of them, or in fact the most… Read More