News And Updates


The Companies (Registration Offices and Fees) Second Amendment Rules, 2016.

MCA UPDATE

The Companies (Registration Offices and Fees) Second Amendment Rules, 2016

The Ministry of Corporate Affairs has further amended the Companies (Registration Offices and Fees) Rules, 2016 whereby the name of Company Secretary in whole time practice or the Cost Accountant in whole time practice has been included to certify e-Form AOC-4. Earlier, it was stated that AOC-4 shall be...Continue Reading


PAN Validation with CBDT System

MCA UPDATE

PAN Validation with CBDT System

Stakeholders are informed that PAN validation with CBDT systems is temporarily unavailable and efforts are being made to restore the interface at the earliest. Stakeholders will not be able to file DIR-3 form or perform ‘Associate DSC with PAN’ on MCA portal until the PAN validation interface is restored. Inconvenience caused to Stakeholders is regretted.

New Version...Continue Reading


Extension of date for submitting comments on the Consultation paper on Amendments/Clarifications to the SEBI (Investment Advisers) Regulations, 2013 issued on October 07, 2016

SEBI UPDATE

Extension of date for submitting comments on the Consultation paper on Amendments/Clarifications to the SEBI (Investment Advisers) Regulations, 2013 issued on October 07, 2016

SEBI issued consultation Paper proposing Amendments/Clarifications to the SEBI (Investment Advisers) Regulations, 2013 and public comments were sought till November 04, 2016.

Based on the representations received from various...Continue Reading


External Commercial Borrowings (ECB) by Startups

RBI UPDATE

External Commercial Borrowings (ECB) by Startups

Reserve Bank of India has allowed startups to raise upto $3 million or equivalent per financial year either in INR or any convertible foreign currency or a combination of both via the external commercial borrowings (ECB) route. 

The borrowing can be in the form of loans or non-convertible, optionally convertible or partially convertible preference shares

Minimum...Continue Reading


E-form INC-29

MCA UPDATE

E-Form INC-29

Stakeholders may kindly note that e-Form INC-29 (Integrated Incorporation Form) will be withdrawn w.e.f. 1st November, 2016. Accordingly, INC-29 e-Form will no longer be available on the MCA21 portal and stakeholders will not be able to file any previously downloaded versions from this date. Stakeholders are requested to plan accordingly and use SPICe (Simplified Proforma for Incorporating Company electronically),...Continue Reading


MCA UPDATE 31

MCA UPDATE

New Version of e-Forms

Forms MGT-15, FC-3, INC-4 , MGT-14, 23C, 23D, A-XBRL, I-XBRL,  23AC XBRL, 23ACA XBRL and AOC-4 XBRL Forms were recently revised on MCA21 Company Forms Download page. Stakeholders are advised to check the latest version before filing.

Costing Taxonomy

Costing taxonomy 2012 for filing Forms I-XBRL and A-XBRL along with business rules is available on XBRL portal w.e.f. 08 Oct...Continue Reading


Investments by FPIs in Government securities

SEBI UPDATE

Investments by FPIs in Government securities

SEBI has decided to enhance the limit for investment by FPIs in Government Securities, for the next half year. Accordingly, the revised FPI debt limits would be as follow:

...Continue Reading

Type of Instrument

Revised Upper Cap with effect from October 03, 2016 (INR cr)

Revised Upper Cap with effect from January 02, 2017 (INR cr)

Government Debt

148,000


MCA UPDATE

MCA UPDATE

Form no 3 - LLP

Filing of e-Form 3 within 30 days of incorporation is mandatory. Stakeholders are advised to ensure that Form 3 (Information with regard to Limited Liability Partnership agreement and changes, if any, made therein) has been mandatorily filed for initial agreement before filing of Form 8 (Statement of Account & Solvency) and Form 11 (Annual Return of Limited Liability Partnership (LLP)

...Continue Reading


New Version of e-Forms - 23AC, ACA, CHG-1, CHG-9 and CRA-2

MCA UPDATE

New Version of e-forms 

Forms 23ACA, 23AC, CHG-1, CHG-9 and CRA-2 Forms were recently revised on MCA21 Company Forms Download page. Stakeholders are advised to check the latest version before filing.


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FAQs for Investment in Mutual Fund and for Intermediaries

SEBI UPDATE

FAQs on Investments in Mutual Fund

SEBI has issued Frequently Asked Questions (FAQ) on Investments in Mutual Fund with an objective to make the investors aware of functioning of mutual funds and to provide information in question-answer format which may help the investors in taking investment decisions.

FAQs on Mutual Fund Intermediaries

SEBI has issued Frequently Asked Questions (FAQ) on...Continue Reading