Category Archives: Companies Act 2013

MCA to Amend Cost Audit Report for reporting GST Reconciliation

By | August 7, 2018

MCA to Amend Cost Audit Report for reporting GST Reconciliation The Ministry of Corporate Affairs has proposed amendment to the Companies (Cost Records and Audit) Rules, 2014 to bring a new reporting requirement of Statement of Reconciliation of GST in the Cost Audit Report. Download Draft  Companies (cost records and audit) Amendment Rules, 2018. Click… Read More »

Revised ADT-1 from 03.08.2018 : Download : Auditor Appointment information

By | August 6, 2018

ADT-1 Form ADT-1 is likely to be revised on MCA21 Company Forms Download page w.e.f 3rd AUG, 2018. Stakeholders are advised to check the latest version before filing. Information to the Registrar by Company for appointment of Auditor Download Revised ADT-1 from 03.08.2018 Information to the Registrar by Company for appointment of Auditor Form ADT-1 [zip]… Read More »

FAQs On DIR 3 KYC

By | August 4, 2018

FAQs On DIR 3 KYC DIR 3 KYC : Download : KYC of Directors Form DIR3-KYC is likely to be revised on MCA21 Company Forms Download page w.e.f 4th AUG 2018. Stakeholders are advised to check the latest version before filing. 1 Who is required to file DIR-3 KYC form? For Financial year 2018-19 – Any… Read More »

2.25 Lakh companies under scanner of MCA for not filing returns For 2015-16 and 2016-17

By | August 4, 2018

Ministry of Corporate Affairs 2,25,910 companies under scanner of MCA for not filing returns for Year 2015-16 & 2016-17 Posted On: 03 AUG 2018 4:54PM by PIB Delhi Union Minister of State for Law & Justice and Corporate Affairs Shri P.P. Chaudhary said in Lok Sabha today that during financial year 2018-19, a total of 2,25,910… Read More »

DIR-6 Changes w.e.f 26.07.2018

By | July 26, 2018

DIR-6 DIR 6 is for Intimation of change in particulars of Director to be given to the Central Government Updating of Email ID and Mobile number in DIR-6 has been temporarily disabled till further notice. Stakeholders may kindly take note. Form DIR6 is likely to be revised on MCA21 Company Forms Download page w.e.f 26th… Read More »

Guide to Company Directors : Book May 2018 by L V V Iyer 

By | July 19, 2018

Guide to Company Directors: Powers, Rights, Duties, Liabilities, Corporate Social Responsibilities and Company Precedents by L V V Iyer (Author), Arun Visweswaran (Editor) Key Highlights of Guide to Company Directors This edition incorporates the key developments of the Companies Act, 2018 and the Companies (Amendment) Act 2017 while retaining its focus on the best principles of corporate governance This work… Read More »

New MGT-7 Form : Download /Print

By | July 17, 2018

MGT-7 Form version Changed Please be noted that MGT-7 Form version is being changed MGT-7 is available on MCA21 Company Forms Download page for filing purposes. Click here to download   Form for filing annual return by a company. Form MGT-7 [zip] (982 KB) (e-Form with Instruction kit) Form MGT-7 [zip] (531 KB) e-Form 20-July-2018 (Form Version… Read More »

DIR 3 KYC : Download : KYC of Directors : Revised

By | July 16, 2018

DIR 3 KYC DIR 3 KYC is Application for KYC of Directors .DIR 3 KYC is available on MCA21 Company Forms Download page for filing purposes. How to Download DIR 3 KYC Application for KYC of Directors Form DIR-3 KYC [zip] (806 KB) Form DIR-3 KYC [zip] (226 KB) 04-August-2018 what is E-Form DIR 3- KYC Ministry… Read More »

How to cancel SRN on MCA21

By | July 8, 2018

How to cancel SRN When should I cancel SRN? You can cancel your SRN if following two conditions are met: 1. In case payment of the uploaded eform was unsuccessful for technical reason and no option is available for making such payment again, then cancel your G and E series SRN. 2. If your account… Read More »

MCA amends Companies (Authorized to Register) Rules 2014

By | July 7, 2018

Companies (Authorized to Register) Second Amendment Rules 2018 The Ministry of Corporate Affairs (MCA) has amended the Companies (Authorized to Register) Rules, 2014 wherein new definition related to society, trust, register of firms and register of trusts have been introduced  

MCA enforces provisions related to deposit and satisfaction of charges

By | July 7, 2018

The Ministry of Corporate Affairs has enforced certain provision related to deposit on August 15, 2018 and satisfaction of charge on July 05, 2018. [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii)] Government of India Ministry of Corporate Affairs Notification New Delhi, the 5th July, 2018 5.0. (E).-… Read More »

300 days for intimation by Companies for satisfaction of charge: MCA

By | July 7, 2018

Intimation by Companies for satisfaction of charge Companies (Registration of Charges) Amendment Rules 2018. [ F.No. 01/10/2013 CL-V ] Dated 05.07.2018 The Ministry of Corporate Affairs (MCA) has notified the Companies (Registration of Charges) Amendment Rules, 2018 wherein Rule 12 related to time period for filing the CHG-4 for satisfaction of charge has been amended.… Read More »

MCA amends Deposit Rules : Certificate from auditor in Form DPT-1 to be attached

By | July 7, 2018

Companies (Acceptance of Deposit) Amendment Rules 2018 The Ministry of Corporate Affairs (MCA) has amended the Companies (Acceptance of Deposit) Rules, 2014 wherein it has been specified that a certificate of the statutory auditor of the company shall be attached in Form DPT-1 (Circular or Circulars in the form of Advertisement inviting deposit), stating that… Read More »

Penalty of Rs. 5000 on directors if they fail to file e-KYC on or before due date : MCA Notification

By | July 7, 2018

MCA imposes penalty of Rs. 5,000 on directors if they fail to file their e-KYC on or before due date The Ministry of Corporate Affairs (MCA) has amended the Companies (Registration Offices and Fees) Rules, 2014 wherein Rs. 5000 penalty has been specified for those directors who fail to file their KYC with the MCA… Read More »

Govt to struck-off 2.25 lakh Shell Companies in 2nd drive

By | June 8, 2018

Ministry of Finance Task Force on Shell Companies takes pro-active and coordinated steps to check the menace of shell companies • Compilation of a database of shell companies by SFIO • During Financial Year 2017-18 ROCs identified and removed from the register of companies the names of 2,26,166 companies; 3,09,619 directors disqualified • A total… Read More »

How Companies should sign Share Certificates : Notifications

By | April 12, 2018

Signing of share certificates by companies without common seal. Amendment to Table-F of the Schedule-I Articles of Association of company limited by shares  From the commencement of the Companies (Amendment) Act, 2015 (21 of 2015), i.e. with effect from the 29th May, 2015, companies are not be required to have “common seal” by virtue of… Read More »

Fees for Late Filing of Annual ROC Returns to increase to Rs. 100 per day

By | April 10, 2018

It is proposed to amend shortly, the Companies (Registration Offices and Fees) Rules 2014 to levy additional fee @Rs.100 per day for filings under Section 92 (Annual Return) or 137 (Annual Financial Statement) of the Companies Act, 2013. Once notified, the additional fee @Rs.100 per day (beyond the normal date of filing) shall become payable in respect of:- 23AC – Filing… Read More »

Section 176 of Finance Act 2018 : Amendment of section 45A

By | April 1, 2018

Section 176 of Finance Act 2018 [Section 176 of Finance Act 2018 deals with Amendment of section 45A and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 45A 176. In section 45A of the principal Act, in sub-section (1), for the words and figures “Companies Act, 1956″(1 of 1956), the words and figures “Companies Act, 2013” (18… Read More »

Section 174 of Finance Act 2018 : Amendment of section 40

By | April 1, 2018

Section 174 of Finance Act 2018 [Section 174 of Finance Act 2018 deals with Amendment of section 40 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 40 174. In section 40 of the principal Act, in sub-section (1), for the words, brackets and figures “sub-section (1) of section 226 of the Companies Act, 1956″(1 of 1956),… Read More »

Section 171 of Finance Act 2018 : Amendment of section 33B

By | April 1, 2018

Section 171 of Finance Act 2018 [Section 171 of Finance Act 2018 deals with Amendment of section 33B and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 33B 171. In section 33B of the principal Act, in sub-sections (1) and (4), for the words and figures “Companies Act, 1956” (1 of 1956), the words and figures “Companies… Read More »

Section 170 of Finance Act 2018 : Amendment of section 33

By | April 1, 2018

Section 170 of Finance Act 2018 [Section 170 of Finance Act 2018 deals with Amendment of section 33 and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 33 170. In section 33 of the principal Act, in sub-section (2), for the words, brackets and figures “sub-section (2) of section 227 of the Companies Act, 1956” (1 of… Read More »

Section 169 of Finance Act 2018 : Amendment of section 29A

By | April 1, 2018

Section 169 of Finance Act 2018 [Section 169 of Finance Act 2018 deals with Amendment of section 29A and is covered in CHAPTER VIII MISCELLANEOUS] Amendment of section 29A 169. In section 29A of the principal Act, in the Explanation, in clause (II), for the words and figures “Companies Act, 1956” (1 of 1956), the words and figures “Companies Act,… Read More »

Extension of companies condonation of delay scheme 2018

By | April 1, 2018

Extension of companies condonation of delay scheme 2018 (CODS-2018) upto 30th April, 2018  General Circular No. 02/2018 File No.02/04/2017-CL-V Ministry of Corporate Affairs 5th Floor, ‘A’ Wing , Shastri Bhawan Dr. Rajendra Prasad Road, New Delhi- 110 001. Dated: 28.03.2018 To All Regional Directors, All Registrar of Companies, All Stakeholders. Sir, Subject: Condonation of Delay… Read More »

Prosecution against 780 listed companies filed for not filing annual returns

By | March 24, 2018

Ministry of Corporate Affairs Ministry of Corporate Affairs (MCA) has filed prosecution against 780 listed companies under various sections of Companies Act, 2013 due to non-filing of Financial Statements and Annual Returns Posted On: 23 MAR 2018 6:42PM by PIB Delhi The Government has taken any steps against listed companies which are not functioning. Ministry… Read More »

National Financial Reporting Authority approved by Govt

By | March 1, 2018

Cabinet Cabinet approves Establishment of  National Financial Reporting Authority Posted On: 01 MAR 2018 6:52PM by PIB Delhi The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal for establishment of National Financial Reporting Authority (NFRA) and creation of one post of Chairperson, three posts of full-time Members and one… Read More »

Guide to Companies (Amendment) Act 2017 (2018 Edition)  by Taxmann (A

By | January 20, 2018

Guide to Companies (Amendment) Act 2017 (2018 Edition) Paperback – 2018 by Taxmann (Author) Description Incorporating Comprehensive analysis of Companies (Amendment) Act 2017 Section-wise Quick Guide to Companies (Amendment) Act 2017 Price Rs 305 Click to buy online Edition : 2018 Edition Date of Publication : January 2018 ISBN No.:9789386882820 Binding : Paperback No. Of Pages : 212 Weight (Kgs) : 0.24 View Contents of Guide… Read More »

How to revive struck off Companies

By | January 17, 2018

PROCEDURE OF REVIVAL AND RESTORATION OF STRUCK OFF NAME OF COMPANY VIA NCLT ROUTE OVERVIEW: Over 1.62 lakh companies have not been carrying out business activities for long have been deregistered and a series of action against such shell companies have been taken, said the Minister of Finance, Mr. Arun Jaitely. Registrar of Companies (ROC),… Read More »

Government notifies the Companies (Amendment) Act 2017

By | January 9, 2018

Ministry of Corporate Affairs The Central Government notifies the Companies (Amendment) Act, 2017 Posted On: 08 JAN 2018 11:20AM by PIB Delhi The Central Government notified the Companies (Amendment) Act, 2017 (Amendment Act) on 3rd January, 2018. The provisions of this Amendment Act shall come into force on the date or dates as the Central Government… Read More »

MAT on Companies : Relaxation in case of corporate insolvency resolution process

By | January 8, 2018

Ministry of Finance Relaxation in the provisions relating to levy of Minimum Alternate Tax (MAT) in case of companies against whom an application for corporate insolvency resolution process has been admitted under the Insolvency and Bankruptcy Code, 2016 Posted On: 06 JAN 2018 8:51PM by PIB Delhi The existing provisions of section 115JB of the… Read More »

Companies Amendment Act 2017 : Download Notification

By | January 5, 2018

Companies Amendment Act 2017 MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 3rd January, 2018/Pausha 13, 1939 (Saka) The following Act of Parliament received the assent of the President on the 3rd January, 2018, and is hereby published for general information:— THE COMPANIES (AMENDMENT) ACT, 2017 NO. 1 OF 2018 [3rd January, 2018.]… Read More »

[Book CA Final May 2018 ] Corporate, Allied & Economic Laws : 8th Edition 2018 : CA Kamal Garg

By | January 4, 2018

Handbook on CORPORATE, ALLIED & ECONOMIC LAWS by CA. Kamal Garg (Author) Price Rs 750 Click to buy online About Handbook on CORPORATE, ALLIED & ECONOMIC LAWS Part IA: Provisions from Companies Act, 2013 Division 1 Declaration and Payment of Dividends Chapter 1       Declaration of Dividend Chapter 2       Interim Dividend Chapter 3       Final Dividend Chapter 4       Transfer of… Read More »

[ Book] Arrests under the Companies Act,2013 : Bharat Publication Book

By | January 4, 2018

Arrests Inspection Enquiry & Investigation under the Companies Act,2013  by CA. Kamal Garg (Author) Price Rs 311 Click to buy online About ARRESTS under the Companies Act, 2013 Division I Arrest Provisions under Companies Act, 2013 Chapter 1 Inspection, Enquiry and Investigation Chapter 2 Serious Fraud Investigation Office Chapter 3 Special Courts under the Companies Act, 2013 Chapter… Read More »

Internal Audits : ICAI Exposure Draft

By | December 29, 2017

ICAI Exposure Draft Framework governing Internal Audits Internal audit provides independent assurance on effectiveness of internal controls, risk management processes and contributes to enhancing governance for achieving organizational objectives. The Internal Audit Standards Board of The Institute of Chartered Accountants of India (ICAI) has invited comments on the proposed Framework Governing Internal Audits The stated objective… Read More »

142 listed companies fined for non appointment of women director

By | December 23, 2017

Ministry of Corporate Affairs Listed companies must comply on appointing women board directors; total 142 listed companies fined Posted On: 22 DEC 2017 7:02PM by PIB Delhi Section 149 of Companies Act, 2013 (the Act) read with the corresponding rules requires every listed company and prescribed class of companies to have a women director.   Section… Read More »

Properties of struck off companies from RoC can’t be used / transferred

By | December 23, 2017

Properties of struck off companies from RoC can’t be used, operated, transferred or alienated in any manner Posted On: 22 DEC 2017 7:05PM by PIB Delhi The Central Government has drawn the attention of all the concerned States and Union Territories (UTs) towards the fact that so far,  2,24,733, companies have been struck off from… Read More »

SEBI Manual Book (Set of 3 Volumes) 31st Edition 2017 by Taxmann

By | December 15, 2017

SEBI Manual (Set of Three Volumes) – 2017 by Taxmann (Author) Price Rs 4900 . Click to buy online Edition : 31st Edition 2017 Date of Publication : Dec.2017 ISBN No.:9789386882431 Binding : Paperback No. Of Pages : 4188 Weight (Kgs) : 4.42 Description VOL 1 SEBI ( Issue of Capital and Disclosure Requirements) Regulations 2009 SEBI Act 1992 Securities Contracts ( Regulation) Act… Read More »