Corporate Law News

Incorporation of Companies in current fiscal increased 21%

10 February 2021 at 05:24

The number of companies incorporated from April, 2020 till December, 2020 in the FY 2020-21 (till 31-12-2020) compared to corresponding period from April, 2019 to December, 2019 in the FY 2019-20 (till 31-12-2019) has actually increased by about 21%.

Posted in Corporate Law | 1176 Views

Schemes launched by Government during COVID-19 pandemic for companies

09 February 2021 at 05:32

The Ministry of Corporate Affairs (MCA) administers the provisions of the Companies Act, 2013 (herein after called as the Act) and the Limited Liability Partnerships (‘LLPs’) Act, 2008 and the Insolvency and Bankruptcy Code (IBC), 2016.

Posted in Corporate Law | 1515 Views

MCA21 Version 3.0 to be launched in Fiscal 2021-22

05 February 2021 at 17:49

During the fiscal 2021-22, the MCA will launch data analytics driven MCA21 Version 3.0. This Version will have additional modules for e-Adjudication, e-Consultation and Compliance Management.

Posted in Corporate Law | 2751 Views

FAQs on New Training Structure as per CS (Amendment) Regulations, 2020

04 February 2021 at 08:37

FAQs on New Training Structure as per Company Secretaries (Amendment) Regulations, 2020 to be effective from 03rd February, 2021

Posted in Corporate Law | 3729 Views

MCA initiates process of De-criminalisation of compoundable offences under Limited Liability Act, 2008

04 February 2021 at 05:45

Ministry of Corporate Affairs (MCA) decided to initiate the process of decriminalization of compoundable offences under the limited liability partnership (LLP) Act, 2008, for greater ease of doing business for law abiding LLPs.

Posted in Corporate Law | 2451 Views

MCA revises threshold for paid up capital and turnover for Small Companies

04 February 2021 at 05:41

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.

Posted in Corporate Law | 2568 Views

MCA amends One Person Companies (OPCs) rules

04 February 2021 at 05:32

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.

Posted in Corporate Law | 2424 Views

Companies (Compromises, Arrangements and Amalgamations) Amendment Rules 2021

03 February 2021 at 05:55

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.

Posted in Corporate Law | 1710 Views

Companies (Specification of Definition details) Amendment Rules 2021

03 February 2021 at 05:48

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.

Posted in Corporate Law | 2487 Views

Companies (Incorporation) 2nd Amendment Rules 2021

03 February 2021 at 05:46

The Ministry of Corporate Affairs has released the Companies (Incorporation) 2nd Amendment Rules 2021, amending the Companies (Incorporation) Rules, 2014.

Posted in Corporate Law | 2088 Views