Corporate Law News

Open letter to PM Narendra Modi on DIR 3 KYC - Remove Penalty or Scrap

23 February 2021 at 16:21

CA Chikkerur CR writes an Open letter to PM Narendra Modi on DIR 3 KYC requesting the PM to either remove the penalty of Rs 5000 on DIR KYC and allow Annual filings to report financials or remove DIR 3 KYC as an annual ritual form forever.

Posted in Corporate Law | 7 comments | 14817 Views

EPFO | 12.54 lakh net subscribers added in Dec 20

21 February 2021 at 07:54

The provisional payroll data of EPFO published on 20th February, 2021 highlights a positive trend for net subscribers base growth with addition of 12.54 lakh subscribers in the month of December, 2020.

Posted in Corporate Law | 1359 Views

MCA | Companies (Specification of definitions details) 2nd Amendment Rules 2021

20 February 2021 at 22:55

Central Government makes rules further to amend the Companies (Specification of definitions details) Rules, 2014. The official notification has been listed here.

Posted in Corporate Law | 2802 Views

MCA | Filling up of posts of Driver in NFRA on Deputation/Re-employment

20 February 2021 at 05:29

The Authority proposes to fill up the post of Driver as per details stated in Annexure - I of the listed notification, in its headquarters at New Delhi.

Posted in Corporate Law | 2259 Views

MCA extends certain provisions of Companies Act to LLPs

19 February 2021 at 05:08

Certain provisions of the Companies Act extended by the MCA to LLPs. Accordingly, limited liability Partnerships, Partners and Designated partners thereof are advised to take note of the same for appropriate action.

Posted in Corporate Law | 3 comments | 12234 Views

MCA | Call for Research Proposals

17 February 2021 at 05:31

Research Proposals received on or before 26th February 2021 will be considered. Proposals, queries, clarifications etc. may be mailed at cdm.research@mca.gov.in or rajen.km@gov.inknowledge from the extensive data available with MCA.

Posted in Corporate Law | 2496 Views

ICAI | Extension of last date for CAG Empanelment of CA firms/LLPs to 1st March 2021

15 February 2021 at 22:39

Considering the difficulties faced by CA firms/LLPs in submitting the online empanelment for audit of PSUs for the year 2021-22, CAG at the request of ICAI has extended the last date for submission of online application to 1st March, 2021.

Posted in Corporate Law | 1788 Views

Amendments for enabling FPIs to subscribe to listed debt securities of REITs and InvITs

12 February 2021 at 05:29

In the Budget speech 2021-22, it has been announced that "debtfinancing of InvITs and REITs by Foreign Portfolio Investors will be enabled by making suitable amendments in the relevant legislations.

Posted in Corporate Law | 1191 Views

4,73,131 number of Indian Companies & 1,065 number of Foreign Companies benefited by availing CFSS 2020

10 February 2021 at 05:30

As per records available with MCA, 4,73,131 number of Indian Companies and 1,065 number of Foreign Companies have been benefited by availing the CFSS, 2020 for filing their pending documents.

Posted in Corporate Law | 1806 Views

MCA amended Companies Act 2013 to mitigate blow by COVID-19 pandemic

10 February 2021 at 05:27

MCA has taken various measures to address the COVID-19 pandemic by making amendments in the Companies Act, 2013, Rules made thereunder and by issuing various circulars from time to time.

Posted in Corporate Law | 1986 Views