ANNOUNCEMENT Sub: Amendment in Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 This is to inform you that the Ministry of Corporate Affairs vide its notification dated 09th June 2021 has amended the provisions of Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 to introduce the manner of transfer of shares under section 90(9) of the Companies Act 2013 to the Investor Education and Pro..
I. Introduction The MCA has notified a new set of rules, Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2021, to amend the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 which shall come into force as on the date of its publication in the Official Gazette. II. Highlights Insertion of a new clause (fa) in Rule 3 sub-rule 2. Insertion of new, Rule 6A- Manner of transfer ..
Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India 10th June, 2021 ANNOUNCEMENT Sub: Amendment in Rule 38A of the Companies (Incorporation) Rules, 2014 This is to inform you that the Ministry of Corporate Affairs, as part of its Ease of Doing Business (EODB) initiatives has amended the Rule 38A of the Companies (Incorporation) Rules, 2014 relating to Application for registration of GSTIN, ESIC registration, EPFO Registration, Profession ..
Highlights: Companies (Incorporation) 4th Amendment Rules 2021 Ministry of Corporate Affairs (MCA) notification dated 07th June, 2021 has notified the Companies (Incorporation) 4th Amendment Rules 2021 in exercise of the powers conferred under Section 469 (1) & 469 (2) of the Companies Act, 2013, further to amend the Companies (Incorporation) Rules, 2014. Applicability: from the date of publication in Official Gazette. (yet to be notified) 1. Changes in Rule 38A 38A.App..
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 7th June, 2021 G.S.R. 392(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Incorporation) Rules, 2014, namely:- 1. (1) These rules may be called the Companies (Incorporation) Fourth Amendment Rules, 2021. (2) They shall come into force on the date ..
Ministry of Corporate Affairs (has made certain changes in financial reporting framework prescribed under Division I of the Schedule III to the Companies Act, 2013 through notification dated March 24, 2021. These changes are applicable with effect from April 1, 2021. IGAAP Reporting Framework Presentation Related changes 1. Change in nomenclature of Tangible Assets Before Amendment After Amendment II. Assets Non-C..
LIST UPDATED: Relaxation on levy of additional fees The MCA has again revised the list of forms for which relaxation was provided vide General Circular No. 06/2021 & 07/2021, by adding 13 new forms in the existing list. In continuation to the existing list of 40 forms the following additions are made on 3rd June, 2021: Sr. No. Forms Sr. No. Forms As released on 13th May, 2021 ..
We all know how hard this COVID pandemic hit us physically, mentally and financially as well. We had to lock ourselves in our houses to reduce its impact as we were left with no other better option. The government imposed a lockdown also due to which it was not possible for us all to abide by the compliances timely and some relaxations were urgently needed to reduce the stress we all were facing due to the constant pressure in our minds to comply with all the laws. Amid this COVID pandemic an..
1. What is e Form SPICe+? SPICe+ is a part of various initiatives undertaken by the Government of India towards Ease of Doing Business (EODB). SPICe+ form is an integrated web form and an advanced version of the previous SPICe form (i.e. e-form INC-32). SPICe+ web form offers 11 services by 3 Central Government Ministries & Departments. (Ministry of Corporate Affairs, Ministry of Labour & Department of Revenue in the Ministry of Finance) and Two State Governments (Maharashtra and K..
PAS-6 The introduction of e-form PAS-6 by the MCA is in pursuance to sub-rule (8) of Rule 9A which was amended vide the Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2019 with effect from 30th September, 2019. E-form PAS-6 is concerned with the filing of the reconciliation of the share capital audit report on a half-year basis of unlisted public companies. PROVISIONS OF THE ACT Section 29 (1A) of the Companies Act 2013 "In case of such class or cla..
Informational Messages for Stakeholders DSC Related Important Messages • In case Stakeholder’s DSC has been expired, they are advised to associate new DSC with MCA as a mandatory step before attaching DSC in any form. • Stakeholders are advised to SAVE the form after attaching DSC and then UPLOAD it to avoid system error. • In case Stakeholders are not able to Affix DSC in Form, they are advised to use adobe reader version as Adobe V11 DC and check that DSC token..
Scenario Mr. Varma is a businessman. He meets Chartered Accountant (CA) Aditya. Mr. Varma wants to start a new company and register it with the Registrar of Companies (ROC). Aditya suggests to Mr. Varma that he can use MCA’s website to register his company on his own. Mr. Varma: Really! Can I register my company on MCA’s website without anybody’s support? Aditya: Yes Mr. Varma. You can easily use the MCA’s website and avail all the services offered by MCA. Mr...