MCA UPDATE

NCLT Order dated 02.08.2016

In exercise of the powers conferred on National Company Law Tribunal by the rule 51 of NCLT Rules, 2016, Fee for inspection is hereby prescribed Rs. 200/- per inspection for the records as provided under rule 114 of the NCLT Rules, 2016

MCA UPDATE

Issuance of rupee bonds to overseas investors by Indian companies - Clarification regarding applicability of provisions of Chapter III of the Companies Act, 2013

The Ministry of Corporate Affairs in consultation with RBI clarified that unless otherwise provided in the circular/ directions/ regulations issused by RBI, the provisions of Chapter lll...Continue Reading

MCA UPDATE

NCLT Order dated 29.07.2016

All petitioner / applicants of pending cases (CLB matters) are directed to file two more complete set of case files two days before the scheduled hearing.

It has been also decided that w.e.f. 01.08.2016, the cause list containing the erstwhile CLB cases or new matters will be published in running numbers without mentioning any specific timings. 

MCA UPDATE

Relaxation of additional Fees and extension of last date of in filing AOC-4, AOC-4(XBRL), AOC-4(CFS) and MGT-7 under the Companies Act, 2013

The Ministry has revised Form AOC-4 which would be deployed shortly, Further Form AOC-4 (XBRL) , AOC-4 (CFS) are also under revision and this may be available for deployment by end of August, 2016.

As per the provisions of Companies Act, 2013, the...Continue Reading

MCA UPDATE

The Companies (Incorporation) Third Amendment Rules, 2016

The Ministry of Corporate Affairs has further amended the Companies (Incorporation) Rules, 2014. 

These rules may be called the Companies (Incorporation) Third Amendment Rules, 2016.

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

MCA UPDATE

The Companies (Accounts) Amendment Rules, 2016 

The Ministry of Corporate Affairs has further amended the Companies (Accounts) Rules, 2014

These rules may be called the Companies (Accounts) Amendment Rules, 20t6.

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

MCA UPDATE

Special Court under section 435 of the Companies Act, 2013

The Central Government with the concurrence of the Chief Justice of the High Court of Delhi has designated the following Couft as Special Court for the purposes of providing speedy trial of offences punishable under the Companies Act, 2013 with imprisonment of two years or more under the Companies Act, 2013, namely:

MCA UPDATE

Complaint related to Name Reservation or Company Incorporation 

If service complaints related to Name Reservation or Company Incorporation are not resolved within 2 working days after a service ticket is raised, Stakeholders may escalate the matter by sending an email to CRC.Escalation@mca.gov.in only in the event of tickets not being resolved within 2 working days. Stakeholders are advised to...Continue Reading

MCA UPDATE

Matters to be List before National Company Law Tribunal, Principal Bench, New Delhi

The matter related to follwoing provisions has been assigned to National Company Law Tribunal, Principal Bench, New Delhi:

1. Section 245 - Class Action
2. Section 379 to Section 393 - Application of Act to Foreign Companies
3. Section 394 - Annual Reports of Government Companies

All the matter related to...Continue Reading

MCA UPDATE

National Company Law Tribunal Rules, 2016

The Central Government has issued National Company Law Tribunal Rules. These rules may be called National Company Law Tribunal Rules, 2016.

They shall came into force from the date of their publication in the offcial gazette.