News And Updates


Important Notices- MCA

Important Notices - MCA

  1. MCA is actively considering Aadhaar Integration for availing various MCA21 related services. As a preparatory step, all individual stakeholders viz. DIN holders/Directors/Key Managerial Personnel/Professionals of the Institute of Company Secretaries of India-Institute of Chartered Accountants of India-Institute of Cost Accountants of India (whether in employment or in practice) are requested to obtain...Continue Reading

MCA UPDATE

MCA UPDATE

The Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016

Ministry of Corporate Affairs (MCA) has notified the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016.

They shall come into force from date of their publication in the Official Gazette.

Commencement of certain provisions of Companies Act, 2013

Ministry of Corporate Affairs (MCA) has notified Section...Continue Reading


Filing of Forms PAS-4 and PAS-5 in case of issuance of debt securities on private placement basis

SEBI UPDATE

Filing of Forms PAS-4 and PAS-5 in case of issuance of debt securities on private placement basis

Reference to Rule 14(1) and 14(3) of Companies (Prospectus and Allotment of Securities) Rules, 2014, it has been decided that with immediate effect, Forms PAS-4 and PAS-5 shall be filed with SEBI in soft copy in PDF Format only, in a compact disc.

This circular is issued in exercise of powers conferred under...Continue Reading


Delegations of Powers to Regional Directors under section 458 of CA, 2013

MCA UPDATE

Delegations of Powers to Regional Directors under section 458 of CA, 2013

The Central Government has delegated to the Regional Directors at Mumbai, Kolkata, Chennai, New Delhi, Ahmedabad, Hyderabad and Shillong, the powers and functions vested in it under the sections of the companies act, 2013, subject to the condition that the Central Government may revoke such delegation of powers or may...Continue Reading


Disclosure of financial information in offer document for REITs

SEBI UPDATE

Disclosure of financial information in offer document for REITs

Regulation 15 (2), read with Schedule III, of the SEBI (Real Estate Investment Trusts) Regulations, 2014 (‘the REIT Regulations’) prescribe disclosures to be made in an offer document. The said disclosures, inter-alia, include disclosures for financial information of the REIT as well as the Manager and the Sponsor.

...Continue Reading

Relaxation of additional fees and extension of last date for filing of Annual Forms in the State of J & K and Clarification regarding due date of transfer of shares to IEPF Authority

MCA UPDATE

Relaxation of additional fees and extension of last date of in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act 2013- State of Jammu and Kashmir  

Ministry of Corporate Affairs (MCA) has decided to relax the additional fees payable by the companies having registered offices in the State of Jammu and Kashmir on e-forms AOC-4, AOC (CFS),...Continue Reading


Commencement notification dated 07.12.2016

MCA UPDATE

Commencement notification dated 07.12.2016 

In exercise of the powers conferred by sub-section (3) of Section 1 of the Companies Act, 2013, the Central Government hereby appointed the 15th day of December, 2016 as the date on which the provisions of some of the Sections of Companies Act, 2013 shall come into force.

New Version of E-Forms

Form INC-27 is likely to be revised on MCA21 Company Forms...Continue Reading


Clarification Regarding Filing of Offline Challans with IEPF Authority and New Version of E-forms

MCA UPDATE

Clarification Regarding Filing of Offline Challans with IEPF Authority under Companies Act

In accordance with IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016, it is mandatory for the companies depositing amounts to IEPF under Section 125 of the Companies Act, 2013 to:-

  1. Generate Challan Online Only
  2. File Form IEPF-1 mentioning the SRN Number of Challan (online mode only)

The Challan not...Continue Reading


Aadhaar-based Authentication for Card Present Transactions

RBI UPDATE

Aadhaar-based Authentication for Card Present Transactions

Reserve Bank of India has decided to extend the time for deployment of Aadhaar-enabled devices till June 30, 2017. However, banks may continue to make necessary arrangements, including changes as host-end, network level and device readiness, as required to ensure adherence to above instructions.


Resolutions


SEBI (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2016

SEBI UPDATE

SEBI (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2016

SEBI has further amended the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 whereby in regulation 42, in sub-regulation (4), after clause (g), the following proviso shall be inserted-

“Provided that in the event of under-subscription in the...Continue Reading