Annual filing forms for Companies Act, 1956 is likely to be available on MCA21 portal

Annual filing forms for Companies Act, 1956 - 23AC, 23ACA, 23B, 20B, 21A are likely to be available on MCA21 portal by mid-August 2016. Stakeholders are requested to plan accordingly Read More

MCA21 requires Java settings for desktop computer

The MCA21 portal requires specific Java settings on your desktop computer. Click here to view the step-by-step procedure to configure the settings before using the MCA21 services - login, upload of eforms, sign using DSC etc. Read More

Company Law Board (CLB) dissolve with the constitution of NCLT & NCLAT

The Central Government has notified the constitution of National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) on 1st June, 2016. The Company Law Board (CLB) stands dissolved with the constitution of these bodies. Read More

FAQ to limit the PDF file size while affixing the DSC

Q.1. The size of the e-form increases significantly after attaching the DSC. What should be done to optimize the PDF file size? Ans. Please follow the below instructions to limit the increase in PDF file size while affixing the Digital Signature Certificate (DSC). 1. Open any PDF file or right click any PDF file. 2.… Read More

RBI decides to simplify and rationalise the process of registration of new NBFCs

In order to make the process of registration of new NBFCs smoother and hassle free, the application form for registration of new NBFCs and the checklist of documents to be submitted have been revised. The number of documents to be submitted by the NBFC applicants has been reduced from existing set of 45 documents to… Read More

Rate of exchange of conversion of the foreign currency with effect from 17th June, 2016

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF EXCISE AND CUSTOMS) Notification No. 87/2016 - Customs (N.T.) New Delhi, dated the 16th June, 2016 26 Jaistha, 1938 (SAKA) In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification… Read More

Comments of stakeholders – Working Group to examine issues arising out of amendment to India-Mauritius DTAA

Government of India Ministry of Finance Department of Revenue| Central Board of Direct Taxes PRESS RELEASE New Delhi, 15th June, 2016. Sub: Comments of stakeholders - Working Group to examine issues arising out of amendment to India-Mauritius DTAA - regarding The CBDT has constituted a Working Group headed by Joint Secretary (FT&TR-II), CBDT and comprising… Read More

SEBI Board Meeting

PR No. 116/2016 SEBI Board Meeting The SEBI Board met in Mumbai today and took the following decisions:    A. Consultation Paper for "Amendments to the SEBI (Portfolio Managers) Regulations, 1993 pursuant to introduction of Section 9A in the Income Tax Act, 1961" Pursuant to the announcement by Hon’ble Finance Minister in Union Budget 2015-16,… Read More

Credit Information Reporting in respect of Self Help Group (SHG) members

RBI/2015-16/424 DBR.CID.BC.No.104/20.16.56/2015-16 June 16, 2016 All Scheduled Commercial banks (including RRBs) All Non-Banking Financial Companies (NBFCs) All Primary (Urban) Co-operative Banks, State / Central Co-operative Banks All Credit Information Companies Dear Sir/Madam Credit Information Reporting in respect of Self Help Group (SHG) members Please refer to the instructions contained in paragraph 6 of our circular… Read More

Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934

RBI/2015-16/426 DCBR.CO.BPD.BC.No.18/16.05.000/2015-16 Jyeshtha 26, 1938 June 16, 2016 All Banks Dear Sir/Madam Inclusion in the Second Schedule to the Reserve Bank of India Act, 1934 – ‘Rajarambapu Sahakari Bank Ltd., Peth, Sangli’ We advise that the name of ‘Rajarambapu Sahakari Bank Ltd., Peth, Sangli’ has been included in the Second Schedule to the Reserve Bank… Read More

Date for Enrolment as Facilitators for Startups in Patents and Trade Marks extended up to 10-07- 2016

The scheme for Facilitating  Startups Intellectual Property (SIPP launched by Government of India has been notified by CGPDTM in IPO website along with the list of Facilitators in Patents, Designs and Trademarks who had conveyed their willingness up to 10-3-2016 function as facilitators for startups. Date for Enrolment as Facilitators for Startups in Patents and Trade… Read More

ICSI Auditing Standards Board

Dear Professional Colleagues, We are pleased to inform you that ICSI Auditing Standards Board (ASB) has been constituted, which will inter-alia issue Secretarial Auditing Standards and Guidance Notes on Secretarial Auditing. The composition of the Board is as under: Makarand M. Lele Chairman Pune Vineet K.Chaudhary Vice Chairman Noida Amit Gupta Member Lucknow Amit Kumar… Read More

Draft Guidelines for Listed Indian Insurance Companies

The Authority, in exercise of the powers conferred by Section 14 of Insurance Regulatory and Development Authority of India Act, 1999, read with clause (b) of sub-section (4) of Section 6A of the Insurance Act, 1938, proposed to issue Guidelines for Listed Indian Insurance Companies. A summary of these guidelines is as under 1.        These… Read More

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