Company Law - Corporate Law Reporter

MCA notifies Form PAS-6 for Share Capital Audit Report

MCA vide Notification dated 22th May, 2019 substituted following sub-rules in Rule 9A of Companies (Prospectus and Allotment of securities) Rules,2014 and prescribed PAS-6 for Share Capital Audit Report w.e.f 30th September,2019: Under Sub-rule 8, it notifies that every unlisted public company shall submit Form PAS-6 to the Registrar with prescribed fee within 60 days from… Read More

Default in filing of e-Form ACTIVE: DIN of Directors to be marked as “Director of ACTIVE non-compliant company”

MCA vide notification no. G.S.R. 368(E) dated 16th May, 2019 has introduced a new rule “Rule 12B of Companies (Appointment and Qualification of Directors)Rules, 2014: Directors of company required to file e-Form ACTIVE”, which provides that where a company is required to file e-Form INC-22A (ACTIVE) under Rule 25A of the Companies (Incorporation) Rules, 2014,… Read More

MCA News regarding filing of ADT-1 without fees in certain cases.

Based on feedback received from stakeholders who were unable to file e-form ACTIVE as they had filed ADT-1 forms for appointment of auditors for the period from 2014-15 to 2018-19 as an attachment with GNL-2 e-form during the period from 01/04/2014 to 20/10/2014 (due to non-availability of e-form ADT-1 during that period), it has now… Read More

Webinar on MSME Form 1on 16th May,19 – FAQs, Grey Areas and Practical issues

eMinds Legal ( a leading Corporate Law Firm) in association with Complinity (one of the top 3 Compliance Software Companies in India) is organising a Webinar on FAQs, Grey Areas and Practical issues in filing Form MSME 1 with MCA as per details below: Date: 16th May, 2019 (Thursday) Time: 4:00 pm – 5:00 pm Register… Read More

MCA: Form ADT-I for Appointment of Auditors upto 31st March, 2019 wherein GNL-2 was filed from 01.04.2014 to 20.10.2014, may be filed without additional fees till 15th June, 2019

MCA vide General Circular No. 06/2019 clarified that companies which had filed Form no. ADT-1 through GNL-2 as an attachment (by selecting others) during the period from 01.04.2014 to 20.10.2014 may file e-form no. ADT- 1 for appointment of Auditor for the period upto 31.03.2019 without fee, till 15.06.2019 (since fee had been paid for… Read More

MCA amended Rule 8 of Companies (lncorporation) Rules for determining names of the company

MCA has elaborated the rule for determining names for a company, by replacing the content of Rule 8- “Names which resemble too nearly with name of existing company” of Companies (lncorporation) Rules, 2014 completely, vide notification no. F. No. 1/13/2013 CL-V, part-I,Vol.III dated 10th, May, 2019. It has added various illustrations under this rule to increase the… Read More

Webinar on FAQs and Grey areas in filing MSME Form 1

Dear Professional Colleague: The Ministry of Corporate Affairs (MCA) vide notification number S.O. 5622(E), dated the 2nd Nov, 2018 has directed that all companies, who get supplies of goods or services from micro and small enterprises and whose payments to micro and small enterprise suppliers exceed 45 days from the date of acceptance or the… Read More

MCA has specified the requisite number of members or depositors for applying under section 245.

MCA vide notification no F. No. 1/30/2013 CL.V dated 8th May,2019 has specified the requisite number of members or depositors for applying under section 245 as follows: 1.In case of a company having a share capital, the requisite number of member or members to file an application under sub-section(1) of section 245 shall be – (i)(a)at… Read More

Overdue filings shall be done before filing of application for striking off and increase in fees for filing of Form STK-2.

MCA vide notification no. F.No.1/ 28/ 2013-Cl-V(Part) dated 8th May,2019 has increased fees for filing of application for removal of name of company in Form STK-2 from Rs.5,000 to Rs.10,000. Further it has amended the Companies (Removal of Names of Companies from the Register of Companies)Rules, 2016 providing that- In case of filing of application… Read More

Extension for submission of e-Form DIR-3-KYC

MCA vide notification dated 30th April, 2019 has extended the date for submission of e-form DIR-3-KYC.As per notification, every individual who has been allotted a Director Identification Number (DIN) as on 31st March of a financial year shall submit e-Form DIR-3-KYC to the Central Government on or before 30th June of immediate next financial year.… Read More

Extension of date for filing of e-Form DPT-3

MCA vide notification dated 30thApril, 2019 has extended the date for filing of e-Form DPT-3. Now e-Form DPT-3 has to be filed within 90 days from 31st March, 2019 i.e. 29th June, 2019. The content of the Circular attached as per below mentioned link: CompaniesAcceptanceDepositsSecAmendRules_01052019 Read More

Deployment of e-Form MSME Form 1 and e-Form DPT-3 on MCA

e-Form MSME Form 1 and revised version of e-Form DPT-3 is deployed on MCA w.e.f. 1st May,2019. Read More

Webcast on practical challenges, grey areas & FAQs in filing eForm INC-22A (ACTIVE)

Dear Professional Colleague: All Companies which got incorporated on or before 31st Dec 2017 and are under Active status as on the date of filing are required to file the particulars for verification of registration and registered office, in eForm ACTIVE-INC-22A on or before 15th June 2019. Penalty for non-filing of the form by the due… Read More