Company Law - Corporate Law Reporter

MCA: Form BEN-2 to be deployed from 2nd July, 2019

Form BEN-2 (Return to the Registrar in respect of declaration under Section 90) is likely to be made available for filing on the MCA portal w.e.f 2nd July 2019. Stakeholders may please take note and plan accordingly keeping in view Ministry’s General Circular No: 07/2018 dated 6th September 2018. General Circular No.7_06092018 Read More

100 FAQs on DPT-3 by eMinds Legal

As you are aware that every Company which has accepted any monies from another person as “Deposits” or "Exempted Deposits” needs to a file a one time return by 29th June, 2019 and Annual return by 30th June, 2019. We are pleased to release 100 FAQs on DPT-3 covering practical issues, grey areas and frequently asked questions… Read More

MCA issues circular regarding filing of e-Form DIR-3 KYC

MCA vide General Circular No. 07/2019 dated 27.06.2019 proposes to implement a web-based verification service with pre-filled data based on the records in registry to enable ease of verification in filing KYC. The e-Form DIR-3 KYC will be required to be filed in case of updation of mobile no. or e-mail address. Further, in case… Read More

MCA resumes filing of e-Form Active (INC-22A) with a fee of Rs. 10,000

The Tagging of non-compliant Companies/Directors for not filing e-Form Active (INC-22A) is complete. The revised Form ACTIVE is now available for filing purposes. The Form can be filed with a fee of Rs. 10,000. Stakeholders may kindly download the latest version for filing purpose. Read More

Webinar on Form DPT-3 by eMinds Legal on 20th June, 2019

Register for the Webinar today on Form DPT-3 Date: 20th June, 2019, Thursday Time: 4:00 pm - 5:30 pm Organised by: eMinds Legal (a leading Corporate Law Firm) in association with Complinity (one of the top 3 Compliance Software Companies in India) Register here https://zoom.us/webinar/register/9115608244882/WN_Ilx0_hz9RzenGF8nJB8T6Q Background Every Company which has accepted monies in… Read More

MCA restricts filing of Form ACTIVE temporarily

The Tagging of non-compliant Companies/Directors for not filing eForm Active(INC-22A) is in progress. To facilitate completion of the activity, e-filing of the form (ACTIVE) has been suspended temporarily. The same would be restored soon for filing purposes with fee of Rs. 10,000 as provided under the relevant rules once the Tagging activity is complete. Stakeholders… Read More

Webinar on Form DPT-3

Dear Professional Colleague: As you are aware, every company which has accepted monies considered as “Exempted Deposits” needs to file a one-time return in Form DPT-3 by 29th May, 2019 for reporting such Exempted Deposits accepted between 1st Apr, 2014 to 31st March, 2019. Similarly, all Companies which have accepted monies considered as Deposits or… Read More

Incorporation of Section 8 Companies through SPICe

MCA by Companies (Incorporation) 6th Amendment Rules, 2019 dated 7th June, 2019 has amended the incorporation rules for incorporation of Section 8 Companies. The rules will be effective from 15th August, 2019. As per the amended rules, application for incorporation of Section 8 Company along with application for license for such Company will now be submitted… Read More

FAQs on MSME Form 1 by eMinds Legal

eMinds Legal (a leading Corporate Law Firm) in association with Complinity (one of the top 3 Compliance Software Companies in India) have compiled FAQs on MSME Form 1 where lot of practical issues and grey areas are discussed. Download the FAQs at the link below FAQs-MSME Form I- CLR Online Supplement No.1_8th June, 2019 Background As… Read More

eMinds Legal releases Corporate Law Referencer, 5th Edition, 2019-20

eMinds Legal releases the 5th Anniversary Edition of it’s Bestselling Book on Companies Act, 2013 titled CORPORATE LAW REFERENCER (updated upto 30th April, 19) Author: Sumit Pahwa, eMinds Legal Here’s how CLR is Different: Section is the King - All Circulars, Orders, Rules and Notifications (CORN) including Procedures, FAQs and Judicial Precedents have been placed… Read More

No further extension for filing Form ACTIVE

MCA advises to the stakeholders that no further extension for filing Form ACTIVE(INC-22A) would be provided. The last date to file such form is 15th June 2019. In case ACTIVE is not filed on or before the said date, the compliance status for such companies shall be marked as ‘ACTIVE Non-compliant’ and Directors of such ‘ACTIVE… Read More

ICSI releases Guidance Note on the Report of the Board of Directors

ICSI releases a Guidance Note on the Report of the Board of Directors which sets out the explanations, procedures and practical aspects in respect of the provisions contained in "Secretarial Standard on Report of the Board of Directors" (SS-4) to facilitate compliance thereof by the stakeholders. The SS-4 on Board's report formulated by the Secretarial Standards Board (SSB)… Read More

MCA notifies Procedure for conducting meetings of NFRA

MCA vide Notification dated 22nd May, 2019 introduces National Financial Reporting Authority (Meeting for Transaction of Business) Rules, 2019 through which it notifies the procedure for conducting the meetings for transaction of business by National Financial Reporting Authority. The complete content of the aforesaid notification is attached herewith: Rules1_23052019_NFRA Read More