Company Law

MCA vide its General Circular no 04/2016 dated April 27th, 2016 has issued a clarification as to the accounting period for which the accounts needs to be prepared in accordance with the accounting sta...

The report of the Joint Committee on the Insolvency and Bankruptcy Code, 2015 is presented to the Lok Sabha on 28th April, 2016 which is to be discussed during the current budget session. The code was...

for certain Resolutions The Companies Act, 2013, became effective from 01st April, 2014. After the commencement of this Act, numerous resolutions are required to be filed in e-form MGT-14 with the Reg...

A final decision on the issue will be made after taking into consideration the views of all stakeholders. To make it easier for investors to get dividend and redemption payments on a fast-track basis,...

MCA relaxes additional fees As a major relief to all the stakeholders, who were grappling with widespread issues related to filing of various form on MCA21 since its revamp last month, MCA vide it Gen...

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 13th April, 2016 G.S.R. 418(E).– In exercise of the powers conferred by sub-sections (1) and (2) of section 79 of the Limited Liability Partnershi...

My account is debited on making online payment; however, corresponding challan/receipt is not generated and system does not allow filing of the form again. What should I do next? OR The payment was ma...

Clarity under Section 185 of Companies Act 2013 Clarity under Section 185 of Companies Act 2013 (Loan to Directors), Read with (Rule 10 of Companies (Meeting of Board and its Power) Rules, 2014 Accord...

General Circular No 03/2016 FNo.01/34/2013 CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi – 110001 Dated the 12th April,...

Impact of Companies Amendment Bill, 2016 on S. 185 of CA, 2013 Now, if we read Section 185 of the Companies Act, 2013, there are prohibitions if a Company gives loans to Directors and their relatives....

Notices by Registrar of Companies (ROC) under Section 206 of The Companies Act, 2013 Asking Information Of Corporate Social Responsibility (CSR) related Expenses incurred by Companies during Financial...

MCA vide notification dated 4th April 2016 has amended the Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015. Through the amendment, housing finance compa...

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi , 6th April, 2016 G.S.R. 404(E).—In exercise of the powers conferred by sub section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the...

The new MCA21 portal went live on 27th March 2016 for Company services. This change is in the larger interest of stakeholders. However, due to this change, few stakeholders may experience some inconve...

The MCA has issued the Companies (Indian Accounting Standards) (Amendment) Rules, 2016 vide notification dated 30/03/2016. Rules contain Ind AS roadmap for NBFCs. The rules have notified Ind AS 11- on...

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In our continuous endeavor to serve you better, the Ministry of Corporate Affairs will launch a new MCA21 portal for Company users. The new portal is likely to be launched on 27th March 2016. To facil...

Hon’ble Minister of Corporate Affairs, Govt. of India, Shri Arun Jaitley has introduced the Companies (Amendment) Bill 2016 to further amend the Companies Act 2013in Lok Sabha, yesterday. Please click...

The result of the long consultative process undertaken by the Company Law Committee constituted by the Ministry of Corporate Affairs in an attempt to revamp the Companies Act 2013 is out in form of th...

National Company Law Tribunal (NCLT) and its Appellate Authority is at an advanced stage of constitution. After its constitution, it is proposed to commence the provisions relating to Revival of sick...