Corporate Law News

MCA clarifies doubts in appointed and acquisition date in M&A

24 August 2019 at 15:11

MCA issues circular to remove doubts/ambiguities in �appointed date� and �acquisition date� with respect to mergers/amalgamationsMinistry of Corporate Affairs has issued a circular today clarifying the import of section 232(6)

Posted in Corporate Law | 3759 Views

Need for effective governance for CSR and introduction of CSR Audit

22 August 2019 at 11:28

Shri Injeti Srinivas, I.A.S. Secretary to Government of India Ministry of Corporate Affairs 5th Floor Shastri Bhawan Dr. Rajendra Prasad Road New Delhi 110 001 Sir, Subject: Need for effective governance mechanism for CSR and introduction of CSR Audi

Posted in Corporate Law | 2934 Views

MCA simplifies the incorporation process of Section 8 companies

16 August 2019 at 15:11

1) With a view to simplify the process for incorporating Section 8 Companies, requirement of prior filing of INC-12 for new section-8 companies is being dispensed with vide the Companies(Incorporation) Sixth Amendment Rules, 2019 dated 7th June, 2019

Posted in Corporate Law | 3870 Views

CSR committee suggests to make CSR expenses tax deductible

16 August 2019 at 15:11

High Level Committee on CSR recommends CSR expenditure to be made tax deductible expenditureShri Injeti Srinivas, Secretary (Corporate Affairs), today presented the Report of the High Level Committee on CSR to the Union Minister of Finance and Corpor

Posted in Corporate Law | 2301 Views

CBDT simplifies the process of assessment in respect of Startups

12 August 2019 at 11:04

The Finance Ministry has simplified the process of assessment in the case of Startup entities.In cases where scrutiny assessments of Startup entities are pending, the CBDT has decided that:i) In case of Startup Companies recognized by DPIIT which hav

Posted in Corporate Law | 2664 Views

MCA releases The Companies (Amendment) ACT, 2019

02 August 2019 at 11:14

MINISTRY OF LAW AND JUSTICE(Legislative Department)New Delhi, the 31st July, 2019/Shravana 9, 1941 (Saka)The following Act of Parliament received the assent of the President on the 31st July, 2019, and is hereby published for general information: - T

Posted in Corporate Law | 4314 Views

ICSI releases Highlights of Companies (Amendment) Bill, 2019

01 August 2019 at 11:42

HIGHLIGHTS OF COMPANIES (AMENDMENT) BILL, 2019The Companies (Amendment) Bill, 2019 was passed by the Rajya Sabha on the 30th day of July, 2019. Earlier the Amendment Bill, 2019 was passed by Lok Sabha on the 27th day of July, 2019. While introducing

Posted in Corporate Law | 6018 Views

Form AOC-4 XBRL likely to be revised from 1st Aug

31 July 2019 at 11:59

Form AOC-4 XBRL is likely to be revised on MCA21 Company Forms Download page w.e.f 1st August, 2019. Stakeholders are advised to check the latest version before filing.http://www.mca.gov.in/

Posted in Corporate Law | 3324 Views

Last date for filing Form BEN-2 extended to 30th September

30 July 2019 at 11:34

General Circular No. 08/2019 F.No.01/ 01/ 2018-CL-V GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5th Floor, 'A' Wing Shastri Bhawan, Dr. R.P. Road, New Delhi Dated: the 29th July, 2019 To, All Regional Directors, All Registrars of Compan

Posted in Corporate Law | 16563 Views

Revised fees for delayed filing of DIR-3 KYC

26 July 2019 at 11:28

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i)]Government of India MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, the 25th July, 2019 G. S. R. (E). - In exercise of the powers conferred by section

Posted in Corporate Law | 6654 Views