Legal Updates - Corporate Law Reporter

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

Big relief for Companies : Extension for filing of Form INC-22A (ACTIVE)

MCA vide notification dated 25th April, 2019 has extended the due date of filing Form INC-22A to 15th June,2019 thereby giving Companies more time to comply with the provisions of Rule 25A of Companies(Incorporation)Rules 2014. The content of the Notification attached as per below mentioned link: CompaniesIncorporationFourthAmendmentRules_25042019 CompaniesRegistrationOfficesFeesRule_25042019. Read More

Withdrawal of restriction on LLPs from carrying out Manufacturing & allied activities.

MCA clarified that LLPs which were restricted from Manufacturing & allied activities vide OM No. CRC/LLP/e-Forms dated 06.03.2019 are now allowed to carry such activities as OM invoking the restriction regarding manufacturing & allied activities has been withdrawn with immediate effect. Read More

Form DIR-3- KYC to be filed annually : MCA

As per rule 12A of the Companies (Appointment and Qualification of Directors) Rules 2014, “every individual who has been allotted a Director Identification Number (DIN) as on 31st March of a financial year as per these rules shall, submit e-form DIR-3-KYC to the Central Government on or before 30th April of immediate next financial year.… Read More

Extension of last date of filing of Form DPT -3

As per Rule 16A(3) of the Companies (Acceptance of deposit) Rules, 2014 "every, company other than Government company shall file a onetime return of outstanding receipt of money or loan by a company but not considered as deposits, in terms of clause (c) of sub-rule 1 of rule 2 from the 01st April, 2014 to… Read More

Clarification by MCA for providing declaration in INC-9 while filing SPICe form for incorporation and not the Affidavit

Stakeholders are requested to please note that Filing of affidavits (from each of the subscribers to the memorandum and from persons named as the first directors, if any, in the articles that he is not convicted of any offence in connection with the promotion, formation or management of any company, or that he has not been found… Read More

Relaxation of additional fees and extension of last date of filing eform CRA-2 (Form of intimation of appointment of cost auditor by the company to Central Government) in certain cases under the Companies Act’ 2013

The Ministry has received several representations about extension of last date for filing e-form CRA-2 without additional fees where the company has been mandated to get its cost records audited for the first time under Companies Act, 2013 on account of Companies (Cost Records and Audit) Amendment Rules, 2018 as notified vide G.S.R. 1157(E) dated… Read More

Companies (Indian Accounting Standards) Amendment Rules, 2019 and Companies (Indian Accounting Standards) Second Amendment Rules, 2019

In exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government, in consultation with the National Financial Reporting Authority, amended the provision of Indian Accounting Standards (Ind AS) by amending the Companies (Indian Accounting Standards) Rules, 2015 vide following amendment Rules dated… Read More

e-Form AGILE (INC-35) for GST, ESIC and EPF registration to be filed as linked form with SPICe Form (INC-32) for incorporation of Company

Ministry of Corporate Affairs(MCA) vide Companies (Incorporation) Third Amendment Rules, 2019 dated 29th March, 2019 introduced e-form AGILE (lNC 35) containing an application for registration of the following numbers, to be filed as a linked form with SPICe Form INC-32 while incorporation of the Company- (a) GSTIN with effect from 31st March, 2019 (b) EPFO with… Read More

Modification of circular dated December 7, 2018 on Disclosure of significant beneficial ownership in the shareholding pattern

Securities and Exchange Board of India (SEBI) vide its circular dated 12th March, 2019 has modified the circular No. SEBI/HO/CFD/CMD1/CIR/P/2018/0000000149 dated December 7, 2018 with respect to disclosure of significant beneficial ownership in the shareholding pattern of listed entities to give effect to the amendments made by the Ministry of Corporate affairs (MCA) vide the Companies… Read More

Clarification on filing of e-form RD-1-Conversion of Public Company into Private Company and change in Financial Year

Ministry of Corporate affairs (MCA) vide its Circular No. 03/2019 dated 11/03/19 clarified that until a revised version of e-form RD-1, amended as per the provisions of Companies (Incorporation fourth Amendment) Rules, 2018 vide notification no. G.S.R 1219(E) dated 18/12/2018 for filing of application for change in financial year u/s 2(41) and for conversion of… Read More