Corporate Law News
Draft Guiding Principles for Determination of Place of Effective Management (Poem) of a Company Formulated
24 December 2015 at 11:06The Finance Act, 2015 has amended, with effect from 01.04.2016, the provisions of Income-tax Act relating to determination of residence of a company. In accordance with the amended provisions a company would be said to be resident in India in any pr
Time taken for registration of a company cut by 50 percent
12 December 2015 at 12:49Time taken for registration of a company cut by 50% as a part of �ease-of-doing business� effort by the Ministry of Corporate Affairs; Ministry to soon introduce a new version of Form INC29 incorporating suggestions received from the stak
Registered Companies with ROC
05 December 2015 at 11:26Companies registered with Registrar of Companies (ROCs), State/UT-wise as on 26.11.2015 is at Annexure � I. Number of closed companies, State/UT-wise during the last three years and current financial year is at Annexure - II. Section 560 of the
Review of Companies Act
03 December 2015 at 12:10The Companies Law Committee was constituted (Annexure-I) in fulfillment of an assurance made by the Corporate Affairs Minister during discussion on Companies (Amendment) Bill, 2014 in the Rajya Sabha in response to the concerns raised by Members in R
Relaxation of additional fees and extension of last date for filing MGT-7 and AOC-4
30 November 2015 at 15:55Relaxation of additional fees and extension of last date for filing MGT-7 and AOC-4
Person holding directorship in more than 20 companies
04 November 2015 at 10:29Among others Special Investigation Team (SIT) calls for greater vigilance by law enforcement and intelligence agencies while examining the cases of persons holding Directorship in more than 20 Companies and where more than 20 companies are operating
AOC 4 & AOC XBRL & MGT 7 Extension Granted to 30th Nov
28 October 2015 at 23:37General Circular No.14/2015F.No. 01/34/2013-CL.V Government of India Ministry of Corporate Affairs5th Floor, A Wing, Shastri Bhawan Dr. Rajendra Prasad Road, New Delhi Dated 28th October, 2015 ToAll Regional Directors,All Registrar of Companies, All
Companies (Management and Administration) Amendment Rules, 2015
01 September 2015 at 10:27Companies (Management and Administration) Amendment Rules, 2015Please refer to the attached file for details
Non-Compliance of Companies Act
08 August 2015 at 10:50Registrar of Companies (ROCs) were directed to examine documents under Section 234 of the Companies Act, 1956 in the year 2010. ROCs examined documents of the companies located within their jurisdictions and certain violations of the provisions of t
Ease of Doing Business/Use of INC - 29 for Formation of Company
07 August 2015 at 17:31For ease of doing business, Ministry of Corporate Affairs has introduced a simplified Incorporation Form-INC-29. The form offers a number of advantages over traditional incorporation forms in terms of reduced number of procedures, time taken and the
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