Legal Updates - Corporate Law Reporter

Companies (Incorporation) 2nd Amendment Rule 2019

Ministry of Corporate affairs (MCA) vide its notification dated 6th March, 2019 has amended Companies (Incorporation) Rules, 2014 which may be called as Companies (Incorporation) second Amendment Rules, 2014- i) As per Rule 30(5)(a) of Companies (Incorporation) Rules, 2014 In case of shifting of registered office from one state to other state, an advertisement is required… Read More

eForm INC.22A – Form ACTIVE is available on MCA21 w.e.f 25th February 2019

eForm INC.22A -Form ACTIVE (Active Company Tagging Identities and Verification (ACTIVE) is available on MCA21 portal w.e.f 25th February 2019. Please find below link to download the Form INC-22A :- http://www.mca.gov.in/MinistryV2/companyformsdownload.html Read More

Fees for Form ACTIVE_ Companies (Regn offices and Fees) Amendment Rules, 2019

MCA vide its notification dated 21st Feb., 2019 amended Annexure to Companies (Registration offices and Fees) Rules, 2014 and prescribed for fees for filing of Form ACTIVE (Active Company Tagging Identities and Verification) provided under Rule 25A of the companies (Incorporation) Rules, 2014 as follows- Till 25th April, 2019 – Nil On or after 26th April, 2019-… Read More

Notification under Section 465 of Companies Act, 2013

As per the notification dated 30th January, 2019, Central Government has appointed 30th January, 2019 as the date on which the provisions of Section 465 of the Companies Act, 2013 relating to the repeal of Companies Act, 1956 shall come into force. However, exception has been provided related to the repeal of Registration of Companies… Read More

eForm INC.20A (Declaration for commencement of business) available on MCA21 w.e.f 26th January 2019.

MCA has made available eForm INC.20A for Declaration for commencement of business, will be available on MCA21 Company Forms Download page w.e.f 26th January 2019. The Form shall be filed by all the Companies incorporated on or after 2nd November, 2018, within 180 days from the date of its incorporation. Read More

RBI announces the New External Commercial Borrowings (ECB) Framework

RBI announces the New External Commercial Borrowings (ECB) Framework January 16, 2019 As part of the on-going efforts at rationalising multiple regulations framed under FEMA 1999 over a period of time, the regulations governing all types of borrowing and lending transactions between a person resident in India and a person resident outside India, both in… Read More

The Companies (Amendment) Ordinance, 2019

MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 12th January, 2019/Pausha 22, 1940 (Saka) THE COMPANIES (AMENDMENT) ORDINANCE, 2019 NO. 3 OF 2019 Promulgated by the President in the Sixty-ninth Year of the Republic of India. An Ordinance further to amend the Companies Act, 2013. WHEREAS the Companies (Amendment) Ordinance, 2018 was promulgated by… Read More

Delegation of powers vested under first proviso to section 2(41) and second proviso to section 14 (1) to Regional Directors

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 18th December, 2018 S.O. 6225 (E) In exercise of the powers conferred by section 458 of the Companies Act, 2013 (18 of 2013), the Central Government hereby delegates to the Regional Directors at Mumbai, Kolkata, Chennai, New Delhi, Ahmedabad, Hyderabad and Shillong, the powers and functions vested… Read More

Companies (Incorporation) Fourth Amendment Rules_19122018

In exercise of the powers conferred by clause (41) of section 2, section 3, sub-section (1) of section 7, section 10A, section 14 and sub-sections (1.) and (2) of section 469 of the companies Act,2013 (18 of 2013), the Central Government hereby notifies Companies (Incorporation) Fourth Amendment Rules, 2018 vide notification 18th December, 2018 to amend the… Read More

Companies (Registration of Charges) Second Amendment Rules, 2018

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 hereby amend form CHG-4 by the Companies (Registration of Charges) Second Amendment Rules, 2018 vide notification no. G.S.R. 1218(E) dated 18th December, 2018. Content of the notification available on the following link:-… Read More

Clarification on clubbing of investment limits of Foreign Portfolio Investors

Securities and Exchange Board of India SEBI/HO/IMD/FPIC/CIR/P/2018/150 December 13, 2018 To, 1. All Foreign Portfolio Investors ("FPIs") through their Designated Depository Participants ("DDPs")/ Custodian of Securities. 2. The Depositories (NSDL and CDSL) Sir/ Madam, Subject: Clarification on clubbing of investment limits of Foreign Portfolio Investors ("FPIs") 1. This has reference to SEBI circulars No CIR/IMD/FPIC/CIR/P/2018/64… Read More

Competition Commission of India (General) Amendment Regulations, 2018

THE COMPETITION COMMISSION OF INDIA NOTIFICATION New Delhi, the 6th December, 2018 The Competition Commission of India (General) Amendment Regulations, 2018 (No. 2 of 2018) No. L-3(2)/Regln.–Gen. (Amdt.)/2018/CCI.—In exercise of the powers conferred by Section 64 of the Competition Act, 2002 (12 of 2003), the Competition Commission of India hereby makes the following amendment in… Read More

Disclosure of significant beneficial ownership in the shareholding pattern:SEBI

CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2018/0000000149 December 7, 2018 To All Listed entities All the Recognised stock exchanges All the Depositories Dear Sir/Madam, Sub: Disclosure of significant beneficial ownership in the shareholding pattern 1. Vide SEBI Circular No. CIR/CFD/CMD/13/2015 dated November 30, 2015, a format has been prescribed for disclosure of holding of specified securities and shareholding pattern under… Read More