News And Updates


Refund Form

MCA UPDATE

Refund Form

Refund Form was recently made available on MCA21 Company Forms Download page. Stakeholders are requested to check the FAQs before filing the same.


New Version of E-Forms

MCA UPDATE

New Version of E-Forms

Forms CHG-1, CHG-4, DPT-3 and MR-2 were recently revised on MCA21 Company Forms Download page. Stakeholders are advised to check the latest version before filing


The Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016

MCA UPDATE

The Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016 

Ministry of Corporate Affairs has further amended the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

These rules may be called the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2014

They shall came into force from the...Continue Reading


The Companies (Removal of Difficulties) Third Order, 2016

MCA UPDATE

The Companies (Removal of Difficulties) Third Order, 2016

The Ministry of Corporate Affairs has made the Companies (Removal of Difficulties) Third Order, 2016 whereby the following proviso has been substituted for the third proviso of Section 139(2):

"Provided also that every company, existing on or before the commencement of this...Continue Reading


Clarification regarding grandfathering of ODI issuers and modification of replies of FAQ 70 and FAQ 71 of SEBI FAQs to SEBI (FPI) Regulations, 2014

SEBI UPDATE

Clarification regarding grandfathering of ODI issuers and modification of replies of FAQ 70 and FAQ 71 of SEBI FAQs to SEBI (FPI) Regulations, 2014

In terms of the SEBI (Foreign Portfolio Investors) Regulation, 2014 (FPI Regulations)and circulars issued from time to time regarding ODI, the Foreign Portfolio Investors (FPIs) issuing ODIs (hereinafter referred to as ODI Issuers)are required to...Continue Reading


The Companies (Acceptance of Deposits) Amendment Rules,2016

MCA UPDATE

The Companies (Acceptance of Deposits) Amendment Rules,2016

Ministry of Corporate Affairs has further amended the Companies (Acceptance of Deposits) Rules, 2016

These rules may be called the Companies (Acceptance of Deposits) Amendment Rules, 2016

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


Rich Library of Free...Continue Reading


Criteria for listing of matters before the NCLT

MCA UPDATE

Criteria for listing of matters before the NCLT

The National Company Law Tribunal (NCLT) has laid down the following criteria for listing of matters before the National Company Law Tribunal, Principal Bench and National Company Law Tribunal, New Delhi Bench:

Sr. No.

Bench

Matter Pertaining to

1

National Company Law Tribunal, Principal Bench

  1. Companies having paid up capital more...Continue Reading

Permitting writing of options against contracted exposures by Indian Residents

RBI UPDATE

Permitting writing of options against contracted exposures by Indian Residents

In order to encourage participation in Over the Counter (OTC) currency options market and improve its liquidity, it has been decided to permit resident exporters and importers of goods and services to write (sell) standalone plain vanilla European call and put option contracts against their contracted...Continue Reading


Regarding HUF / Karta can become Partner / Designated Partner in Limited Liability Partnership

MCA UPDATE

Regarding HUF / Karta can become Partner / Designated Partner in Limited Liability Partnership

Ministry of Corporate Affairs has issued a Clarification that HUF cannot be a Partner but its Karta or any individual of HUF can be a partner in a partnership firm in its individual capacity and not the HUF


FORMATS – AUDIT COMMITTEE

AGENDA OF AUDIT COMMITTEE MEETING

1

Agenda of Audit...Continue Reading


Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015

RBI UPDATE

Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015

In line with the Government of India’s startup initiative, it has been decided that an Indian startup, having an overseas subsidiary, may open a foreign currency account with a bank outside India for the purpose of crediting to the account, the foreign exchange earnings out of...Continue Reading