In line with the vision of the Government of India, the definition under the Companies Act, 2013 for Small Companies has now been revised by increasing their thresholds for Paid up capital.
As a measure which directly benefits Startups & Innovators in the country, the incorporation of One Person Companies (OPCs) is being incentivized by amending the Companies (Incorporation) Rules.
The Ministry of Corporate Affairs has released the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules 2021, to further amend the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016.
The Ministry of Corporate Affairs has released the Companies (Specification of Definition details) Amendment Rules 2021, to further amend the Companies (Specification of Definitions Details) Rules, 2014.
The Ministry of Corporate Affairs has released the Companies (Incorporation) 2nd Amendment Rules 2021, amending the Companies (Incorporation) Rules, 2014.
Clarification on matters related to Scheme for condonation of delay for companies restored on the Register of Companies between 01 December, 2020 and 31 December 2020, under section 252 of the Companies Act, 2013
Ministry of Corporate Affairs have extended the due date for filing e-form AOC-4, AOC-4 (CFS), AOC-4 XBRL and AOC-4 Non XBRL for the Financial Year ended 31.03.2020 upto 15th February 2021.
Ministry of Corporate Affairs has introduced new "extend" functionality in e-form SPICE+ Part A with effect from 26th January 2021.
Relaxation on levy of additional fees in filing of e-forms ACC-4, A0C-4 (CFS), ACC-4 XBRL and ACC-4 Non-XBRL for the financial year ended on 31.03.2020 under the Companies Act, 2013.
Commencement notification of certain provisions of Companies (Amendment) Act, 2020 w.e.f. 22nd January 2021.
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