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MCQs on Guidance Note on Companies (Auditor’s Report) Order, 2020
Multiple Choice Questions (MCQs) on Guidance Note on the Companies (Auditor’s Report) Order, 2020The Ministry of Corporate Affairs issued the Companies (Auditor’s Report) Order, 2020 (CARO 2020) on 25...
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Clarification on CSR contribution to PM CARES Fund
General Circular No. 25/2020 F. No. 13/18/2019-CSRGovernment of IndiaMinistry of Corporate Affairs 5th Floor, “A” Wing, Shastri BhawanDr. Rajendra Prasad Road, New Delhi-11000125th June, 2020 To,All S...
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Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2020
MCA has vide Notification No. G.S.R. 420(E) dated 29th June, 2020 has issued and published the Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2020 further to...
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Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2020
MCA has issued Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2020 which are applicable from 23rd June 2020 and by this Registration of details of Independent Directors...
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Companies (Meetings of Board and its Powers) Second Amendment Rules, 2020
MCA further relax the requirement of holding Board meetings with physical presence of directors under section 173 (2) read with rule 4 of the Companies (Meetings of Board and its Powers) Rules, 2014 f...
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Measures for benefit of CAPF & CPMF veterans & their family included in CSR
MCA amends Clause (vi) of CSR Schedule VII of Companies Act 2013 to includes measures for the benefit of Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, and their...
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Private Limited Company can transfer shares without Dematerialization
In case of Private Limited Companies; Section 29 (1) (b) of Companies Act 2013 includes Private Limited Companies also w.e.f. 14.08.2019. However, the class of companies to which it should apply is ye...
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ICSI requests to extend relaxation period of Company Law compliances
THE INSTITUTE OFCompany Secretaries of IndiaIN PURSUIT OF PROFESSIONAL EXCELLENCEStatutory body under an Act of Parliament(Under the jurisdiction of Ministry of Corporate Affairs)MCA: June: 2020June,...
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Guidance Note on Companies (Auditor’s Report) Order, 2020
The Institute of Chartered Accountants of India(Set up by an Act of Parliament)New DelhiGuidance Note on The Companies (Auditor’s Report) Order, 2020Foreword The Ministry of Corporate Affairs (MCA) ha...
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Further extension for Names Reserved & Re-submission of MCA forms
MCA Further Extends timeline for Name Reservation / Re-submission for Companies & LLP’sIn view of the situation arising due to COVID-19 pandemic and extended lockdown period, Ministry of Corporate Aff...
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Format of Consent Letter From Statutory Auditor
under Companies Act, 2013.Date: ————–To,The Board of DirectorsName of Company————-Address—————————-Sub: Consent LetterDear Sir(s),Pursuant to the section 139 of the Companies Act, 2013 read with rules...
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MCA extends time for Creation of deposit repayment reserve & to deposit 15% of amount of debentures
Further Extension of time till 30th September 2020 to creation of deposit repayment reserve of 20% u/s. 73(2)(C) of the Companies Act 2013 and to invest or deposit 15% of amount of debentures u/r.18 o...
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Companies (Share Capital and Debentures Amendment Rules, 2020
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, 5th June, 2020G.S.R. 372(E).– In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013)...
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MCA relaxes time to file forms for creation/modification of charges
F.No. 02/05/2020 CL-VGovernment of IndiaMinistry of Corporate Affairs5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. Rajendra Prasad Road, New Delhi-1.General Circular No. 23/2020 Dated: 17th June, 2020ToAll...
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MCA extends EGM deadline upto 30th September 2020
F.No. 02/01/2020 CL-VGovernment of IndiaMinistry of Corporate Affairs5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. Rajendra Prasad Road, New Delhi-1.General Circular No. 22/2020 Dated: 15.06.2020ToAll Regio...
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Dispatch of notice by listed companies for rights issue- MCA clarifies
MCA Clarification on dispatch of notice under section 62(2) of Companies Act, 2013 by listed companies for rights issue opening upto 31st July, 2020 vide General Circular No. 21/2020 Dated: 11th May,...
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Checklist for Company Incorporation Through Spice+
The checklist for incorporation of a Private Company are as follows:1. For Name ApprovalThe following documents are required for approval of name, only if required– Name should be unique and distinct...
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MCA includes ‘PM CARES Fund’ in CSR Schedule VII
MCA notifies PM CARES as eligible to receive CSR Corpuses of corporates as it amends Schedule VII of Companies Act, 2013 vide Gazette Notification dated 26th May, 2020 and included Prime Minister’s Ci...
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Road Ministry issues advisory for implementing Rent a Motor Cab/Cycle Schemes
Ministry of Road Transport & HighwaysRoad Ministry issues advisory for implementing Rent a Motor Cab/Cycle SchemesThe Ministry of Road Transport and Highways has issued advisory based on the issues re...
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NCLAT SOP for hearing through virtual mode wef 01.06.2020
Standard Operating Procedure for Ld. Advocate/ Authorised Representative/Party-in-Person for Mentioning the matter for hearing through virtual modeIn order to contain the spread of Coronavirus (COVID-...