MCA vide Circular No. 55/2011   dated 26th July, 2011 has provided the procedure that has to be followed in case of winding up in order to curb mal-practices.

MCA vide Circular No. 54/2011 dated 26th July, 2011 has casted responsibility on the Official Liquidator as given in the said circular in order to speed up the winding up process and to introduce best international practices in that regard.

MCA vide Circular No. 52/2011 dated 25th July, 2011 has decided to simplify the procedures and to give online approval, if the proposed contract has been approved by the shareholders by way of special resolution in a general meeting and if the e-form is certified by a practising professional who shall certify the correctness of …

Online approval of Central Government under section 297 of the Companies Act, 1956 Read More »

MCA vide Circular No. 53/2011 dated 26th July, 2011 has issued guidelines for the issues to be examined by the Regional Director’s/Registrar of  Companies in the matter of scheme of arrangement/amalgamation under section 391-394 along with the timelines for strict compliance.

MCA vide Circular No.51/2011 dated 25th July, 2011 proposes to shift the jurisdiction of the Company Law Board to the Central Government (power delegated to the respective Registrar of Companies) with effect from 24th September, 2011 in regard to rectification of register of charges under section 141 of the Companies Act, 1956.

MCA vide Circular No. 50/2011 dated 25th July, 2011 proposes to shift the jurisdiction of the Company Law Board to the Central Government (power delegated to the respective Registrar of Companies) with effect from 24th September, 2011 in regard to confirmation of shifting of the registered office from one state to another state and consequent …

Shifting of registered office from one state to another Read More »

MCA vide Circular No. 49/2011 dated 23rd July, 2011 is proposing online incorporation of the Companies within 24 hours if the incorporation application is certified by a practicing professional regarding the correctness of the information and is likely to be implemented with effect from 11th August, 2011.