MCA UPDATE

The Companies (Share Capital and Debentures) Second Amendment Rules, 2016

In exercise of the powers conferred by sub-sections (1) and (2) of Section 469 of the Companies Act, 2013 (18 of 2013), the Ministry of Corporate Affairs vide Notification No. G.S.R. 358(E) dated 29.03.2016 has amended the Companies (Share Capital and Debentures) Rules, 2014...Continue Reading

MCA UPDATE

New Version of e-forms

The Company e-Forms have been revised on MCA portal effective 27th March 2016.

Stakeholder are advised to download the latest version of forms from ‘Company Forms Download’ page on the MCA portal.

The previous version of Company e-forms will not be compatible with the new MCA21 portal

MCA UPDATE

Version of LLP Forms

Please note that the Version of following LLP forms are likely to be modified w.e.f 23rd March 2016

Form 2 (Incorporation document and subscriber’s statement), 

Form 4 (Notice of appointment, cessation, change in name/ address/designation of a designated partner or partner. and consentto become a partner/designated partner) and  

Form 17 (Application and statement for conversion of a...Continue Reading

MCA UPDATE

Notification for CRC phase-2 Incorporation

In exercise of the powers conferred by sub-sections (1) and (2) of Section 396 of the Companies Act, 2013, the Ministry of Corproate Affairs vide notification dated 23rd March, 2016 changed the approval process for incorporation of Companies under the provisions of Section 7, 8 and 366 of the Companies Act, 2013 whereby the Central Registration Center...Continue Reading

MCA UPDATE

Companies (Incorporation) Second Amendment Rules, 2016

The Ministry of Corporate Affairs vide notification dated 23rd March, 2016 has amended the Companies (Incorporation) Rules, 2014 whereby old version of Form no 11 has been substituted with new version of Form no 11 i.e. the certificate of incorporation being issued by Registrar of Companies shall now be issued by Central...Continue Reading

MCA UPDATE

New MCA21 portal for Company users

The Ministry of Corporate Affairs will launch a new MCA21 portal for Company users.

The new portal is likely to be launched on 27th March 2016. To facilitate implementation of the new portal, the offline payment methods – Challan, NEFT, Pay Later – will be disabled for Company services effective Saturday, 19th March 2016.

Stakeholders are advised to make use...Continue Reading

MCA UPDATE

Order under section 68(2)(d) of the Companies Act 2013

In exercise of the powers conferred under the proviso to clause (d) of sub-section (2) of section 68 of the Companies Act, 2013 (18 of 2013) (Act), the Central Government has notified that –
 
The debt to capital and free reserves ratio shall be 6:1 for government companies within the meaning of Clause 45 of Section 2 of the...Continue Reading

MCA UPDATE

The Companies (Share Capital and Debentures) Amendment Rules, 2016

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 has issued Companies (Share Capital and Debentures) Amendment Rules, 2016 whereby the following clause has been inserted after sub-clause (iii) of Clause (n) of...Continue Reading

Competition Commission of India Update

Ministry of Corporate Affairs issues notifications regarding (a) exemption regarding “group”; (b) Target exemption; (c) increase in value of assets and turnover, S.O. 673(E), 674 (E), 675(E). - 4th March 2016

The...Continue Reading

Kindly note Version of LLP Form 4-4A & Form 11 are going to be changed w.e.f Mar-8th. Stakeholders are requested to plan accordingly