Ministry of Corporate Affairs

MINISTRY OF CORPORATE AFFAIRS (MCA)

1. Clarification on repayment of deposits accepted by the companies before the commencement of the Companies Act, 2013 under section 74 of the said Act MCA vide circular dated 18th June, 2015 clarified that that vide Removal of Difficulties (Second) Order [S.O. 1428(E)] dated 2nd June, 2014 and Removal of Difficulties (Fourth) Order [S.O. 146O(E)] dated …

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MINISTRY OF CORPORATE AFFAIRS (MCA)

1. The Companies ( Incorporation) Amendment Rules, 2015 MCA has vide its Notification dated 1st May, 2015 made amendments to Companies Incorporation Rules wherein the process of incorporation of company has been integrated. The application for allotment of DIN upto 3 directors, reservation of name, incorporation of company and appointment of directors of the proposed company …

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MINISTRY OF CORPORATE AFFAIRS (MCA)

1. The Companies (Acceptance of Deposits) Amendment Rules, 2015: In exercise of the powers conferred by Sections 73 and 76 read with sub-section (l) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government has made the following rules further to amend the Companies (Acceptance of Deposits) Rules, 20 I 4., …

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MINISTRY OF CORPORATE AFFAIRS (MCA)

The Companies (Registration Offices and Fees) Amendment Rules 2015: In exercise of the powers conferred by Sections 396, 398, 399, 403 & 404 of the Companies Act, 2013, the central Govt has made the following rules on 24th February, 2015 to amend the Companies (Registration Offices & Fees) Rules, 2014. In Rule 10 the following …

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MINISTRY OF CORPORATE AFFAIRS (MCA)

1. Companies (Corporate Social Responsibility Policy) Amendment Rules 2015 : In exercise of the powers conferred under Section 135 and sub-sections (1) & (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government has made the rules further to amend the Companies (Corporate Social Responsibility Policy) Rules, 2014. – 1. …

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MINISTRY OF CORPORATE AFFAIRS (MCA)

The Companies(Cost Records and Audit) Amendment Rules, 2014: The Central Government has made an amendment to Companies (Cost Records & Audit) Rules, 2014. The rules are called Companies (Cost Records & Audit) Amendment Rules, 2014  and shall come into effect from 31st December, 2014. Application of Cost Records: Cost records for products and services shall …

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MINISTRY OF CORPORATE AFFAIRS (MCA)

1. Extension of time for holding Annual General Meeting (AGM) under section 96(1) of the Companies Act, 2013-Companies registered in State of Jammu and Kashmir. Ministry of Corporate Affairs (“MCA”) vide circular 45/2014 dated 18th November, 2014 granted the extension of Annual General Meeting (“AGM”) time up to 31st December, 2014 to those Companies registered …

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MINISTRY OF CORPORATE AFFAIRS (MCA)

1.   Company Law Settlement Scheme, 2014 (CLSS-2014) – Clarification u/s 164(2) of the Companies Act, 2013 MCA has vide its Circular no.41/2014 dated 15th October, 2014 clarified that in case of companies, who have filed their balance sheet and annual returns on or after 01/04/2014 but prior to launch of CLSS-2014 , disqualification under Section …

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MINISTRY OF CORPORATE AFFAIRS (MCA)

1. National Advisory Committee on Accounting Standards – In exercise of the powers conferred by sub-section (1) of section 210A of the Companies Act, 1956, the Central Government has decided to constitute an Advisory Committee to be called as the National Advisory Committee on Accounting Standards, which will advise the Central Government on the formulation …

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