Corporate Law News

MCA | Delay in Filing LLP Form-3, Form-4, Form-11 Condoned

24 August 2023 at 08:52

The Ministry of Corporate Affairs (MCA) has introduced a condonation scheme for delays in filing Form-3, Form-4, and Form-11 under Section 67 of the Limited Liability Partnership Act, 2008 read with Section 460 of the Companies Act, 2013.

Posted in Corporate Law | 13719 Views

MCA extends Form DPT-3 Filing deadline to 31st July 2023

22 June 2023 at 08:56

The Ministry of Corporate Affairs (MCA) has extended the due date of filing return of deposits Form DPT-3 by 1 month till July 31, 2023.

Posted in Corporate Law | 43875 Views

Income proof becomes mandatory for Rs 10 lakh investments in small savings schemes

29 May 2023 at 08:49

The government has now made it mandatory for those investing over Rs 10 lakh in post office schemes to provide proof of source of funds.

Posted in Corporate Law | 10563 Views

MCA proposes higher penalties and wider leniency to combat cartels

24 May 2023 at 08:39

Higher penalty for cartels and greater leniency provisions introduced in competition law last month will go hand in hand in tackling cartels which are by nature difficult to prove, the corporate affairs ministry said in a monthly update

Posted in Corporate Law | 3456 Views

MCA introduces C-PACE initiative to simplify company striking off process

16 May 2023 at 08:45

The Ministry of Corporate Affairs (MCA) has moved a step forward by centralising the strike off process of companies with the establishment of the Centre for Processing Accelerated Corporate Exit (C-PACE).

Posted in Corporate Law | 6081 Views

MCA implements stringent norms for closure of firms

15 May 2023 at 08:38

Ministry of corporate affairs has introduced fresh conditions for companies that wish to de-register with the RoC.

Posted in Corporate Law | 4332 Views

MCA takes a serious view of professionals for unethical conduct

04 May 2023 at 08:46

The Ministry of Corporate Affairs has taken a serious view of professionals who help companies incorporate by falsely certifying they have visited the premises of the intended registered office.

Posted in Corporate Law | 15183 Views