-
MCA Amends the IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016
MCA vide Notification No. G.S.R. 178(E) dated February 28, 2017, has amended the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 w.e.f. 28.02.2017...
-
MCA amends the Transfer of Pending Proceedings Rules, 2016
MCA vide Notification dated February 28, 2017, has amended the Companies (Transfer of Pending Proceedings) Rules, 2016 w.e.f. 28.02.2017: - In the Companies (Transfer of Pending Proceedings) Rules, 20...
-
Application of winding-up provisions on Foreign Companies
Section 391(2) of the Companies Act, 2013, states that the provisions of Chapter XX shall apply mutatis mutandis for closure of the place of business of a foreign company in India as if it were a comp...
-
MCA shifts the territorial jurisdiction of State of Haryana from NCLT New Delhi to NCLT Chandigarh Bench
MCA vide notification dated February 03, 2017, has amended its notification number S.O. 1935 (E) dated June 01, 2016 pertaining to constitution and territorial jurisdiction of the Benches of the Natio...
-
MCA - Changes related to Company Incorporation Process
Important changes related to Company Incorporation Process SPICe form (INC-32) to include the functionality of applying for Company PAN and TAN As part of the MCA efforts towards providing greater Eas...
-
IEPF Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2017
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 28th February, 2017G.S.R. 178(E).—In exercise of the powers conferred by sub-sections (1), (2), (3), (4), (8), (9), (10) and (11) of section 125...
-
Companies (Transfer of Pending Proceedings) Amendment Rules, 2017
Government of IndiaMinistry of Corporate AffairsNotificationNew Delhi, the 28th February, 2017G.S.R. (E) – In exercise of the powers conferred under sub-sections (1) and (2) of section 434 of the Comp...
-
Section 391(2) closure of place of business by a Foreign Company
F. No. 1/23/2013-CL-VGovernment of IndiaMinistry of Corporate Affairs5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. R. P. Road, New DelhiGeneral Circular No. 01/2017Dated: 22th February, 2017ToAll RDs,All RO...
-
Govt extends tenure of Shri Amardeep Singh Bhatia
MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 20th February, 2017S.O. 554(E).—Inexercise of the powers conferred by sub-section (5) and (6) of section 125 of the Companies Act, 2013 (18 of 2...
-
Major Achievements of MCA for the Month of January, 2017
MINISTRY OF CORPORATE AFFAIRS IMPORTANT POLICY DECISIONS TAKEN AND MAJOR ACHIEVEMENTS DURING THE MONTH OF JANUARY, 2017(1) Notifications:-(i) During the month two notification(s) (one for private comp...
-
Request to comply with provisions of Companies Act, 2013
Dear professional colleagues,Sub: Request to comply with the provisions of the Companies Act, 2013.I am extremely happy that you reposed confidence in me and CA. Nilesh S. Vikamsey, Vice President ICA...
-
Harsh punitive against deviant Shell Companies: MOF
Harsh punitive actions to be taken against the deviant Shell Companies including freezing of Bank Accounts, striking off the names of dormant companies, invocation of Benami Transactions (Prohibition)...
-
Companies (Incorporation) Amendment Rules, 2017
[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, 25th January, 2017G.S.R (E)- In exer...
-
Companies (accounting standards) amendment rules, 2016: A quick overview
Overview of companies (accounting standards) amendment rules, 2016 Financial Reporting of Companies for the year ended 31st March, 2017 is expected to change due to the applicability of Companies (Acc...
-
PAN / TAN to be applied compulsorily with fresh incorporation application
As part of the Ministry’s efforts towards providing greater Ease of Doing Business to stakeholders, Form SPICe (INC-32) will be revised w.e.f 21 January 2017 so as to include the functionality of appl...
-
Companies to furnish Statement of Financial Transactions to Income Tax Department
To,The Principal OfficerAll eligible companiesSir,As per Rule 114E of the Income Tax Rules 1962, for and from 2016-17, all companies have to be furnish SFT in respect of certain specified transaction...
-
Companies to furnish Statement of Financial Transactions to Income Tax Department
To,The Principal OfficerAll eligible companiesSir,As per Rule 114E of the Income Tax Rules 1962, for and from 2016-17, all companies have to be furnish SFT in respect of certain specified transaction...
-
ICAI releases Exposure Draft of Ind AS Taxonomy for Comments
As per the roadmap issued by the Ministry of Corporate Affairs (MCA) in February 2015, certain class of companies have to prepare their financial statements as per Indian Accounting Standards (Ind AS)...
-
Provisions related to Removal of Companies etc., notified
MCA vide Notification No. S.O. 4167(E) dated December 26, 2016, has enforced the provisions of the following sections of the Companies Act, 2013 w.e.f 26.12.2016:- S.No. Sections Particulars 1. Sectio...
-
Companies Incorporation Fifth Amendment Rules, 2016
Analysis of Companies Incorporation Fifth Amendment Rules, 2016 The ministry of corporate affairs (MCA) through a notification dated 01/10/2016, put forth theFourth Amendment rules, 2016 for the incor...