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ICAI cannot issue clarification on provisions of Companies Act: MCA
No. 01/33/2013-CL.V (Pt.)Government of IndiaMinistry of Corporate Affairs5th Floor, A Wing, Shastri Bhawan,Dr. Rajendra Prasad Road, New Delhi – 110001Dated:- 15th February, 2019To,The President,Insti...
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ICAI withdraws Clarification on Rotation of Auditors under Companies Act, 2013
Section 139 of the Companies Act 2013 where the company ceases to fall under the ambit of Rotation principles in subsequent years.-(15-02-2019)ANNOUNCEMENTWithdrawal of the Announcement regarding Clar...
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Companies (Significant Beneficial Owners) Amendment Rules, 2019
Government of IndiaMINISTRY OF CORPORATE AFFAIRSNotificationNew Delhi, dated 08.02.2019G.S.R. (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 469 read with section 90...
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MCA Repeals Companies Act, 1956 from 30 January 2019
The central government appointed 30 January 2018 as the date on which the provisions of section 465 of the Companies Act, 2013 in so far as they relate to the repeal of the Companies Act, 1956 [that i...
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Rotation of Auditors not required if Rotation principal ceases to apply
Regarding Clarification on Applicability of Rotation principles on a company as per Section 139 of the Companies Act 2013 where the company ceases to fall under the ambit of Rotation principles in sub...
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Amendments in Rules related to Deposits & Dematerialization
MCA mandates filing Form DPT-3 by all companies other than Government companies in respect of money or loan not considered as depositsMCA vide notification dated 22nd January, 2019 has amended the pro...
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Companies (Acceptance of Deposits) Amendment Rules, 2019
Government of IndiaMinistry of Corporate AffairsNotificationNew Delhi, the 22 January, 2019,G.S.R._ (E). – In exercise of the powers conferred by clause (31) of section 2 and section 73 read with sub-...
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Companies (Prospectus and Allotment of Securities) Amendment Rules, 2019
Companies (Prospectus and Allotment of Securities) Rules, 2014 shall not apply to an unlisted public company which is (a) a Nidhi; (b) a Government company or (c) a wholly owned subsidiary.MINISTRY OF...
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Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order, 2019
Every specified company shall file in MSME Form I details of all outstanding dues to Micro or small enterprises suppliers existing on the date of notification of this order within thirty days from the...
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Guidance Note on Dividend by ICSI
Guidance Note on Dividend as issued by Institute of Company Secretaries of India (ICSI)CONTENTSINTRODUCTIONSCOPEDEFINITIONSGUIDANCE ON THE PROVISIONS OF SS-31. Ascertainment of amount available for pa...
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National Company Law Tribunal (Amendment) Rules, 2019
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 15th January, 2019G.S.R.29(E).—In exercise of the powers conferred by sub-section (1) and sub-section (2) of section 469 of the Companies Act, 2...
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President Assent Companies (Amendment) Ordinance, 2019
The Ministry of Law and Justice (Legislative Department) has issued the Companies (Amendment) Ordinance, 2019 to further amend the Companies Act, 2013, it shall be deemed to have come into force on th...
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Companies (Incorporation) Fourth Amendment Rules, 2018
23A. Declaration at the time of commencement of business.- The declaration under section 10A by a director shall be in Form No.INC-20A and shall be filed as provided in the Companies (Registration Off...
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Companies (Registration of Charges) Second Amendment Rules, 2018
MCA has introduced Revised eForm CHG-4 -Particulars for satisfaction of charge vide Companies (Registration of Charges) Second Amendment Rules, 2018. eForm CHG-4 is required to be filed pursuant to Se...
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MCA Notifies Rules for Change in Financial Year and Conversation Public Company into Private Company
MCA vide Notification dated 18th December, 2018 has amended the provisions of the Companies (Incorporation) Rules, 2014 to provide new rules in connection with declaration of commencement of business,...
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Delegation of powers to RDs U/s. 2(41) & 14(1) of Companies Act, 2013
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 18th December, 2018S.O. 6225 (E).—In exercise of the powers conferred by section 458 of the Companies Act, 2013 (18 of 2013), the Central Govern...
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Disclosure on implementation of SH Act mandatory in Director’s report
Disclosure regarding implementation of Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (SH Act,2013) made mandatory in the Director’s report as per amended th...
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Major changes in Company Law & Corporate Law during last one year
Companies (Amendment)Act , 2017 enacted; Out of total 93 Sections, 92 Sections brought into force along with relevant Rules MCA proposes to introduce Companies (Amendment) Bill, 2018 to replace Compan...
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Companies (Amendment) Bill, 2018 as introduced in Lok Sabha
The Companies (Amendment) Bill, 2018 was introduced in the Lok Sabha on 20th December 2018. This will replace the Companies (Amendment) Ordinance, 2018 promulgated by the President on the 2 November,...
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Companies (Incorporation) Fourth Amendment Rules, 2018
GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, 18th December, 2018G.S.R.(E)._ In exercise of the powers conferred by clause (41) of section 2, section 3, sub-section (1) of sec...