Corporate Law News

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 CIRCULAR No. IBBI/RVO/026/2019 16th September, 2019 To All Registered Valuers All Recognised Registered Valuer Organisations All Registered Insolvency Professionals, and All Registered Insol..

Costing Taxonomy 2019 to cater to the annual filing of CRA-4 (Cost audit report) for FY 2018-19 is under development. The companies which are required to file CRA-4 (Cost audit report) for FY 2018-19 are required to use Costing Taxonomy 2019 only. Those who have already filed CRA-4 (Cost Audit Repor..

SPICe form containing relevant changes for incorporating Nidhi Companies is likely to be deployed tomorrow (12th Sep 2019) for filing purposes. Stakeholders may kindly take note and download latest form before filing.   http://www.mca.gov.in/ ..

Practicing Chartered Accountants are invited to fill the Multipurpose Empanelment Form (MEF) for the year 2019-20 at www.meficai.org. The key highlights of the MEF- 2019-20 are: Applicants registered earlier for MEF 2018-19 have to simply login with MEF 2018-19 credentials. Most of fiel..

The Central Government has made further amendments to Schedule III to the Companies Act, 2013 vide Notification dated 11th October 2018. As per the said notification, Division III has been inserted in respect of Financial Statements for a Non-Banking Financial Company (NBFC) whose financial statemen..

Update regarding incorporation of Nidhi companies: Stakeholders are advised not to file applications for incorporation of Nidhi companies for the time being, on account of certain changes required in eform SPICe. Stakeholders will be duly informed as soon as the proposed changes are carried out. Inc..

As per the Companies (Incorporation) Fourth Amendment Rules, 2018 dated 18th December 2018 a new form i.e., ‘RD GNL-5’ and changes to ‘RD-1’ has been notified. Both forms would be made available shortly on MCA21 Company Forms Download page for filing purposes. Stakeholders ar..

MCA issues circular to remove doubts/ambiguities in “appointed date” and “acquisition date” with respect to mergers/amalgamations Ministry of Corporate Affairs has issued a circular today clarifying the import of section 232(6) of the Companies Act, 2013, which deals with ..

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 Aud..

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. 2) Henceforth, Section 8 Companies can be inc..