MCA UPDATE

Java Setting for MCA Portal

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

MCA UPDATE

New Version of E-Form

Forms INC-23 (Application to Regional Director for approval to shift the Registered Office from one state to another state or from jurisdiction of one Registrar to another Registrar within the same State), FC-2 (Return of alteration in the documents filed for registration by foreign company), INC-28 (Notice of Order of the Court or any other competent authority), AOC-4 (Form for filing...Continue Reading

MCA UPDATE

Clarification with regard to Companies (Accounting Standards) Amendment Rules 2016

Stakeholders have sought clarifications with regard to the accountlng period of which the accounts would need to be prepared using the Accounting Standards, as amended through the Companies (Accounting Standards) Amendment Rules, 2016.

The matter has been...Continue Reading

MCA UPDATE

Section 396 of CA 2013 - Jurisdiction of the state of Telangana

In exercise of the powers conferred by sub-section (1) of Section 396 of the Companies Act 2013, the Central Government notified the jurisdiction of Regional Directors vide Notification Number G.S.R 832(E) dated 03.11.2015 to discharge the functions...Continue Reading

RBI UPDATE

Foreign Investment in units issued by Real Estate Investment Trusts, Infrastructure Investment Trusts and Alternative Investment Funds governed by SEBI regulations

With a view to rationalising foreign investment regime for Alternative Investment vehicles and to facilitating foreign...Continue Reading

MCA UPDATE

New Version of Company E-Forms 

New Version of following E-Forms has been recently updated on MCA  website:

• Forms INC-1 (Application for reservation of name) 
• INC-7 (Application for Incorporation of Comapny (Other than OPC)  
• DIR-3 (Application for allotment of Director Identification Number)
• MGT-6 (Persons not holding beneficial interest in shares) 
• ...Continue Reading

MCA UPDATE

New Version of LLP E-Forms

New Version of following E-Forms has been updated on MCA  website:

• Form 3 (Information with regard to limited liability partnership agreement and changes, if any, made therein) 
• Form 4 (Notice of appointment, cessation, change in name/ address/designation of a designated partner or partner. and consentto become a partner/designated partner)
• Form 8  (Statement of Account...Continue Reading

SEBI UPDATE

Electronic book mechanism for issuance of debt securities on private placement basis 

In order to streamline procedures for issuance of debt securities on private placement basis and enhance transparency to discover prices, SEBI laid down a framework for issuance of debt securities on private placement basis through an electronic book...Continue Reading

SEBI UPDATE

FAQs on SEBI (Delisting of Equity Shares) Regulations, 2009

SEBI has issued Frequently Asked Questions (FAQs) on governing the delisting of Equity Shares. These FAQs offer only a simplistic explanation / clarification of terms / concepts related to the SEBI (Delisting of Equity Shares) Regulations, 2009

RBI UPDATE

Overseas Direct Investment (ODI) – Rationalization and reporting of ODI Forms

At present, application for ODI is required to be made in Form ODI – Part I (comprising six sections) for direct investments in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) under automatic route / approval route.

Further, remittances and other forms of financial commitment...Continue Reading