Corporate Law News

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i)]  MINISTRY OF CORPORATE AFFAIRS  NOTIFICATION  New Delhi, 3rd January, 2020  G.S.R.- In exercise of the powers conferred by sub-section (1) of section 203 of the Companies Act, ..

The last date of filing of CRA-4 (cost audit report) for all eligible companies for the Financial Year 2018-19, without payment of additional fee, has been further extended till 29.02.2020. Read the circular issued the MCA below: General Circular No. 17/2019  F. No. 52/50/CAB/2019  ..

MCA has relaxed additional fees and has extended the last date of filing of Form No.BEN-2 and BEN-1 under the Companies Act 2013. Read the full circular by MCA below:  General Circular No. 1/2020  F.No.01/01/2018-CL-V-Pt-I  GOVERNMENT OF INDIA  MINISTRY OF CORPORATE AFFAI..

The Ministry of Corporate Affairs (MCA) deactivated 19,40,313 Director Identification Numbers (DINs) in the MCA21 Database due to non-filing of Know Your Client  (KYC), as on 28.11.2019. This was stated by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs, in a wri..

The Company Law Committee, constituted by the Ministry of Corporate Affairs (MCA) vide order dated 18.09.2019, has submitted the first phase report to the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman on 18th November, 2019, proposing amendments in the Companies Act, 20..

Employees’ Provident Fund Organization (EPFO) is investing in Exchange Traded Funds (ETFs) based on Nifty 50, Sensex, Central Public Sector Enterprises (CPSEs) and Bharat 22 Indices. EPFO does not invest in shares and equities of individual companies. The total amount invested by EPFO in ET..

As per the provisions of the Companies Act, prosecutions are filed by the Ministry of Corporate Affairs (MCA) through Registrar of Companies against such companies which have not filed Financial Statements from time to time and there are 11,082 number of prosecutions filed by the MCA during the said..

In pursuance of judgement of Hon’ble Supreme Court, the Government has decided to set up a bench of National Company Law Appellate Tribunal (NCLAT) at Chennai. This was stated by Shri Anurag Singh Thakur, Union Minister for State for Finance & Corporate Affairs, in a written reply to a ..

General Circular No.14/2019  F. No. 1/412016-CL-I  Government of India  Ministry of Corporate Affairs  5th Floor, 'A' Wing, Shastri Bhawan,  Dr. R. P. Road. New Delhi  Dated: 27th November, 2019  To  All RDs,  All RoC,  The St..

The Union Government is aware that Micro, Small and Medium, Enterprises (MSMEs) are facing challenges in getting due payments on time from large corporations. In order to ensure timely payments and to prevent their accounts from being treated as Non-Performing Assets (NPAs), Government has taken fol..