News And Updates


Version of Form 4 - LLP

Version of Form 4 LLP (Notice of appointment, cessation, change in name / address / designation of a designated partner or partner and consent to become a partner / designated partner)  is likely to be modified w.e.f 10th Feb 2016. 


LLP Services will not be available from 06th to 8th February, 2016

LLP Services on MCA Portal will not be available from 06-Feb-2016, 06:00 PM to 08-Feb-2016, 08:00 AM. Stakeholders are requested to plan accordingly


RBI rationalises FEMA Regulations

Press Release

The Reserve Bank of India, in consultation with the Government of India, has revised nine regulations issued under the Foreign Exchange Management Act, 1999 (FEMA). Consequently, the respective original notifications and subsequent amendments stand repealed. For easy identification, revised regulations will carry the same numbers as in the old regulations with a suffix ‘(R)’ along with the year...Continue Reading


RBI proposes Changes in Timeframe for Issue of Shares and Reporting of FDI; Invites Comments from Stakeholders

Press Release

The Reserve Bank of India has proposed certain changes in respect of the time frame for issue of shares to align the provisions of Foreign Exchange Management Act, 1999 which requires an investee company receiving Foreign Direct Investments to issue shares within 180 days of receipt of foreign investment with the provisions of the...Continue Reading


Notice inviting comments on the Report of the Companies Law Committee

Notice inviting comments on the Report of the Companies Law Committee

The Ministry of Corporate Affairs had, on 4th June, 2015, constituted a Companies Law Committee (CLC) to make recommendations on issues arising from the implementation of the Companies Act, 2013 and on the recommendations received from the Bankruptcy Law Reforms Committee, the High Level Committee on CSR, the Law...Continue Reading


RBI announces Regulatory Relaxations for Startups

Press Release

In paragraph 14 of the Sixth Bi-monthly Monetary Policy Statement for 2015-16 released today, the Governor highlighted the steps being taken by the Reserve Bank of India, in keeping with the Government’s initiatives to promote the ease of doing business and contribute to an eco-system conducive for growth of entrepreneurship, particularly in respect of the start-up...Continue Reading


Report of the Companies Law Committee - February 2016

The Companies Law Committee, set up on 4th May, 2015, presented its Report on Proposed Amendments in Companies Act, 2013 considering the valuable comments/suggestions made by Industry Chambers, Professional Institutes, law firms, academicians and other experts.

While suggesting changes, the Committee tried to take a holistic and comprehensive view keeping in mind the difficulties and challenges expressed by...Continue Reading


SEBI Update-29.01.2016

SEBI Updates: 29.01.2016

SEBI has issued next set of  FAQ's on SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Through this set of FAQ,  an attempt has been made to clarify the points including:

  • preservation of documents, 
  • existing material related party contracts or arrangements,
  • unlisted material subsidiary,
  • ...Continue Reading

RBI asks Banks to file FDI related Forms Online from February 8

Press Release 

The Reserve Bank of India has today asked authorised dealers (AD) Category - I banks to mandatorily file, from February 8, 2016, forms Advanced Remittance Form (ARF), Foreign Collaboration General Permission Route (FC-GPR) and Foreign Collaboration Transfer of Shares (FC-TRS) only through online mode on e-Biz portal. Physical filing of these forms will be discontinued...Continue Reading


Versions of Forms INC-23 and MGT-14

Versions of Forms INC-23 (Application to Regional Director for shifting of Registered Office from one state to another state or from jurisdiction of one Registrar to another Registrar within the same State) and MGT-14 (Filing of Resolutions and agreements to the Registrar) is modified w.e.f 30th Jan 2016. Stakeholders are requested to plan accordingly.