Company Law - Corporate Law Reporter

MCA clarifies that 30 Dec 2015, the Extended last day for annual filing forms will not be extended further

The last date for annual filing forms is 30 Dec 2015 and no further extension would be accorded after this date. All stakeholders are requested to complete their filing accordingly, without waiting for the last date to avoid last minute rush. Read More

Representation on Draft Trade Marks Rules, 2015

ICSI/TMA/2015 December 2, 2015 The Additional Secretary to the Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion Udyog Bhawan New Delhi -110011 Dear Sir, Sub: Request for modification in Rule 147 of the Draft Trade Marks Rule, 2015 in alignment with the existing provision of Rule 150 of the… Read More

Govt. initiates process for selecting NCLT members.

The government of India has started the process for selecting members for the National Company Law Tribunal (NCLT). The tribunal, to be set up under the Companies Act, 2013, will replace the Company Law Board (CLB). The process for constitution of NCLT has already been initiated, with the selection process for (judicial as well as… Read More

Version of following Forms are modified w.e.f 02 Dec 2015

DIR-3 (Application for allotment of Director Identification Number); DIR-6 (Intimation of change in particulars of Director to be given to the Central Government); FC-4 (Annual Return of a Foreign company); MGT-14 (Filing of Resolutions and agreements to the Registrar); INC-7 [Application for Incorporation of Comapny (Other than OPC)]; INC-22 (Notice of situation or change of situation of registered office); SH-7 (Notice to… Read More

Format for financial results for listed entities which have listed their debt securities and/or non-cumulative redeemable preference shares

CIRCULAR CIR/IMD/DF1/9 /2015 November 27, 2015 All Listed Entities All the Recognized Stock Exchanges Dear Sir/Madam, Sub: Format for financial results for listed entities which have listed their debt securities and/or non-cumulative redeemable preference shares 1. In order to enable investors to make well-informed investment decisions, timely, adequate and accurate disclosure of financial results on… Read More

Version of Form 4 and 11 LLP is modified w.e.f 29th Nov 2015.

The Ministry Of Corporate Affairs has notified that Version of Form 4 and 11 LLP is modified with effective from 29th Nov 2015. All Stakeholders are requested to plan accordingly. Read More

Formats for publishing financial results

CIRCULAR CIR/CFD/CMD/15/2015 November 30, 2015 To All Listed Entities All Recognized Stock Exchanges Dear Madam / Sir, Sub.: Formats for publishing financial results 1. In order to enable investors to make well-informed investment decisions, timely, adequate and accurate disclosure of financial results on a periodical basis is critical. At the same time, to ensure comparability,… Read More

Guidance Note on Annual Return

Guidance Note on Annual Return The Institute of Company Secretaries of India(ICSI) has issued a Draft Guidance Note on Annual Return dated November 28, 2015. As you are aware,the Ministry of Corporate Affairs vide its notification dated November 16, 2015 has substituted Form MGT-7 through the Companies (Management and Administration) Third Amendment Rules, 2015. The Institute has come out… Read More

CLR Flash: MCA extends due date of Annual Filing Forms under Companies Act, 2013 till 30th December, 2015

Dear Professional Colleague, The Ministry of Corporate Affairs(MCA) has issued circular no. 15/2015 today to extend the due date of filing of Forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) and relax the additional fees for the forms filed till 30th December, 2015. The circular is appended below for your kind reference. General Circular No.15/2015 F.No.01/34/2013-CL-V… Read More

Timelines for Compliance with various provisions of Securities Laws by Commodity Derivatives Exchanges

CLR Note:The Securities and Exchange Board (SEBI) of India has issued as circular with reference number CIR/CDMRD/DEA/03/2015 dated November 26, 2015 for Timelines for Compliance with various provisions of Securities Laws by Commodity Derivatives Exchanges. CIRCULAR CIR/CDMRD/DEA/03/2015 November 26, 2015 To, The Managing Directors / Chief Executive Officers of all Commodity Derivatives Exchanges Dear Sir / Madam, Sub: Timelines… Read More

Final Reports on Companies Law Committee will be given by next month

The high powered Companies law committee set up by government to address issues related to Companies act 2013 will give its final report on changes required next month. The eight-member committee that includes members from the industry as well as judiciary was set up earlier this year to recommend changes in Companies Act to improve… Read More

Request for extension in filing MGT-7 and AOC-4 under the Companies Act, 2013

CLR Note: The Ministry of Corporate Affairs has been requested for extension in filing MGT-7 and AOC-4 dated November 23, 2015 under the Companies Act, 2013. MCA:2015 November 23, 2015 Shri Tapan Ray Secretary to Government of India Ministry of Corporate Affairs Shastri Bhawan New Delhi Dear Sir, Sub: Last date for filing of form MGT-7 (Annual… Read More

Version of Form 3 LLP is likely to be modified w.e.f 24th Nov 2015

The Ministry of Corporate Affairs has issued a Version of Form 3 LLP, which is likely to be modified with effective from 24th Nov 2015 between 09:00PM to 10:00 PM. Stakeholders are requested to plan accordingly Read More