Ministry of Corporate Affairs

MCA Issues Clarification With Respect To Implementation Of Companies Act, 2013

The Ministry of Corporate Affairs had notified 98 sections for implementation of the provisions of the Companies Act, 2013 on 12.9.2003. In pursuance to the said notification, the Ministry of Corporate Affairs has issued a clarification with a view to facilitate proper administration of the said Act vide General Circular No.15/2013 dated 13th Sep, 2013 …

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MCA notifies 98 sections of Companies Act 2013

The Ministry of Company Affairs has initiated the process of implementation of the Companies Act, 2013 which was passed by the Parliament and assented to by the President of India. The first set of draft rules have been notified on 9th September, 2013. The remaining draft rules are also released for public comments. The enforcement …

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MINISTRY OF CORPORATE AFFAIRS

NAME AVAILABILITY GUIDELINES, 2011- Registration of Electoral Trusts as Companies under Section 25 of the Companies Act, 1956. The MCA has, vide General_Circular_12/2013.pdf dated 28.06.2013, made modifications to the Para No. 9 of General Circular No. 45 dated 08.07.2011, which is explained as follows: If the name of the company includes the words indicative of …

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Ministry of Corporate Affairs

Relaxation of additional Fees and extension in last date in filing of various e-forms with MCA. The Ministry of Corporate Affairs (hereinafter referred to as “MCA”) has in continuation to its General Circular no: 03/2013, dated 08th February, 2013 and General Circular no: 07/2013, dated 20th March, 2013 has issued General Circular No. 08/2013 dated …

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Ministry of Corporate Affairs

Amendment of Companies (Acceptance of Deposit) Rules, 1975. The Ministry of Corporate Affairs (hereinafter referred to as “MCA”) has issued a General Circular dated 21st March, 2013, amending the Companies (Acceptance of Deposit) Rules, 1975. These rules will be called Companies (Acceptance of Deposit Amendment) Rules, 2013. The amendment substitutes the following sub clauses: Amendment …

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Ministry of Corporate Affairs

Extension of due date for filing of Cost Audit Report and Compliance Report in eXtensible Business Reporting Language (XBRL) mode The Ministry of Corporate Affairs (hereinafter referred to as “MCA”) has in continuation to its General Circular Nos. 8/2012 dated 10th May, 2012 (as amended on 29th June, 2012) and 18/2012 dated 26th July, 2012, …

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Ministry of Corporate Affairs

  Default by Cost Auditors in filing Form 23D against the corresponding Form 23C – MCA vide General Circular No.15/2011 dated April11, 2011 had prescribed a revised procedure to be followed for appointment of cost auditors. As per the revised procedure, each company was required to e-file its application with the Central Government in the …

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Ministry of Corporate Affairs

Filling Of Balance Sheet and profit and loss Account by Companies in Non-XBRL for the accounting year commencing on or after 01.04.2011 : In supersession to all the earlier circulars issued in this regard, the Ministry has now issued General_Circular_30/2012. dated 28.09.2012 as per which the due date of filing of e-forms 23AC(Non-XBRL) and 23ACA …

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Ministry of Corporate Affairs

Constitution of a Committee for Reforming the Regulatory Environment for doing Business in India – Considering the report of the World Bank and the International Finance Corporation, entitled “Doing Business 2012: Doing business in a very Transparent World”  in which India has been ranked at a low of 132 amongst a sample of 183 Countries,  …

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