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MCA


MCA notified Companies (Appointment and Qualification of Directors) Second Amendment, Rules,2022

Central Government hereby makes rules further to amend the Companies (Appointment and Qualification of Directors) Rules, 2014. Read the official notification below: [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 . June, 2022  G.S R  (E). - In exercise of the powers conferred by section 149 read with section 469 of the Companies Act, ..

Posted in news |   3171 Views


MCA notifies Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2022

MCA on June 9, 2022, has issued The Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2022 to further amend The Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016. This has come into force on June 9, 2022. The following amendment has been made namely: -   Rule 4 which specifies “Application for removal of name of company” sub-rule (3) has been substituted namely:  "(a) Where the Regis..

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MCA Guidelines for Person belonging to Countries Sharing Land Border with India

SHORT SUMMARY In this article, the author shall discuss the latest amendment made by Ministry of Corporate Affairs (MCA) in respect to person/ company belong to country sharing land border with India: MCA has amended Companies (Appointment and Qualification of Directors) Rules, 2014 w.e.f. June 01, 2022. MCA has amended Companies (Incorporation) Second Amendment Rules, 2022 w.e.f. May 20, 2022. MCA has amended Companies (Prospectus and Allotment of Securities) Amendment Rules, 2022 ..

Posted in articles |   2118 Views


Appointment of Director / Obtaining DIN of person Share Land Border with India

SHORT SUMMARY In this article, the author shall discuss the latest amendment made by the Ministry of Corporate Affairs (MCA) on June 01, 2022. MCA has amended Companies (Appointment and Qualification of Directors) Rules, 2014. Three amendments have been made: Amendment has been made in Rule 8 by addition of a Proviso. Amendment has been made in Rule 10 by addition of a Proviso. Amendment has been made in DIR-2 and DIR-3.   A. Amendment I I. Rule 8 - Consent to ..

Posted in articles |   1 comments |   870 Views


Awareness on Upgradation of Registered users in V2 to Business User in V3 MCA 21

Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India 03rd June, 2022 ANNOUNCEMENT Sub: Awareness on Upgradation of Registered users in V2 to Business User in V3 MCA 21. As we are aware that the Ministry of Corporate Affairs has migrated to a new version – Version 3 of the MCA portal. All users have to be registered as Business Users to be able to submit forms on MCA Portal (except for Run LLP and Fillip forms which can be submitted by..

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Registration of Professional Staff Member as Business User in V3 MCA 21

Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India June 03, 2022 Regarding Registration of Professional Staff Member as Business User in V3 MCA 21. As we all are aware that the Ministry of Corporate Affairs has migrated to a new version – Version 3 of the MCA portal. Under this new version, all users are required to be registered as Business Users to be able to submit forms on MCA Portal (except for RUN LLP and Fillip forms which can..

Posted in news |   225 Views


MCA notifies Companies (Appointment and Qualification of Directors) Amendment Rules 2022

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st June 2022 G.S.R. 410(E) .—In exercise of the powers conferred under second proviso to sub-section(1), sub-section (4), clause (f) of sub-section (6) of section 149, sub-sections (3) and (4) of section 150, section 151, sub-section (5) of section 152, section 153, section 154, section157, section 160, sub-section (1) of section 168 and section 170 read with section 469 of the Companies Act, 2013 (18 of 2013), the Cent..

Posted in news |   2679 Views


MCA Monthly Due Date Tracker - June 2022

In this article, the author shall discuss the MCA Due Dates of June 2022 along with key points about all the e-forms having due dates in June 2022.   S. No. Form No Purpose of form Actual Due Date Extended Due Date Additional fees On 01.07.2022 1. DPT-3 Return of Deposit 30-06-2022 30-06-2022 ..

Posted in articles |   3768 Views


MCA grants relaxation in paying additional fees in filing all event based e-forms by LLPs upto 30th June,2022

Relaxation in paying additional fees in case of delay in filling all the event based e-forms by LLPs which are due on and after 25th February, 2022 to 31st May, 2022 up to 30th June, 2022. Read the official notification below General Circular No. 6/2022  F.NO. 01/2/2021-CL-V-MCA-(Part-1) Government of India Ministry of Corporate Affairs  5th Floor, 'A' Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi-I Dated:-31st May, 2022  To All Regional Direc..

Posted in news |   2103 Views


Relaxation in Payment of Additional Fees and Extension of Dates

SHORT SUMMARY In this editorial, author shall discuss the circular issued by Ministry of Corporate Affairs on 31st May, 2022 in respect of LLP. By this circular MCA has relaxed additional fees on LLP forms due to technical issued faced by corporates on MCA Website. As per Circular, MCA has extended Due Date of various forms of LLP up to 30th JUNE 2022   A. APPLICABILITY OF CIRCULAR Que:1 Which forms of LLP are including in this circular? Ans: MCA has not restricted this c..

Posted in articles |   1071 Views


MCA provides relaxation in additional fees for delay in filing Form 11 by LLP upto 30th June 2022

MCA has received representation seeking extension on timelines for filing the Annual Return (Form 11) by LLPs without paying additional fees. In view of transition from version-2 of MCA-21 to version-3 and to promote compliance on part of LLPs, it has been decided to allow LLPs to file e-Form 11 (Annual Return of Limited Liability Partnership) for the Financial Year 2021-2022 without paying additional fees up to 30th June, 2022. Click here to view / download the official notification ..

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Form No. INC-9 and FORM No. INC-32 substituted by MCA

The Ministry of Corporate Affair (MCA) has notified Companies (Incorporation) Second Amendment Rules, 2022 to further amend the Companies (Incorporation) Rules, 2014. Through this amendment, the Ministry has substituted Form No. INC-9 (Declaration by Subscribers and First Directors) and FORM No.INC-32 (SPICe+). The new form will be effective from 1st June 2022.  The Companies (Incorporation) Second Amendment Rules, 2022 is briefly explained in the present article. Form INC-9 - ..

Posted in news |   5538 Views


Extension of time for Holding of AGM & EGM through VC

SHORT SUMMARY MCA has issued General Circular No 2/2022 and 3/2022 in respect of clarification of holding of AGM & EGM through Video Conferencing (VC). MCA has first time issued circular vide No. 14/2020 on 08.04.2020 in respect of holding of EGM through Video Conferencing and Circular No. 20/2020 dated 05.05.2020 in respect of holding of AGM through Video Conferencing. After that so many circulars have been issued by MCA till Circular No. 20-21/2021 dated 8.12.2021 and 14.12.2021..

Posted in articles |   1 comments |   1689 Views


MCA releases revised CGEC guidelines

Ministry of Corporate Affairs (Research & Analysis Division) GUIDELINES FOR FUNDING FOR RESEARCH STUDIES ON CORPORATE GOVERNANCE INTRODUCTION 1.1. The primary objective of the scheme viz.,"Funding for Research Studies on Corporate Governance" of the Ministry of Corporate Affairs is to better utilise the repository of corporate sector data available with the Ministry under the MCA21 egovernance system, explore and expand the scope of utilization of MCA-21 Database, formulate researc..

Posted in news |   2139 Views


MCA | Clarification on passing of Ordinary and Special resolutions under Companies Act 2013 on account of COVID-19 extension

General Circular No. 3/2022  File No. Policy-17/57/2021-CL-MCA  Government of India  Ministry of Corporate Affairs  5th Floor, 'A' Wing, Shastri Bhawan,  Dr. Rajendra Prasad Road, New Delhi 110001  Dated: 05.05.2022  To, The DGCoA,  All Regional Directors,  All Registrar of Companies,  All Stakeholders.  Subject: Clarification on passing of Ordinary and Special resolutions by the companies under the Companies Ac..

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MCA issued clarification on holding of AGM through Video Conference or Other Audio-Visual Means

General Circular No. 2/2022  File No. Policy-17/57/2021-CL-MCA l Government of India  Ministry of Corporate Affairs  5th Floor, 'A' Wing, Shastri Bhawan,  Dr. Rajendra Prasad Road, New Delhi 110001  Dated: 05.05.2022  To, The DGCoA,  All Regional Directors,  All Registrar of Companies,  All Stakeholders.    Subject: Clarification of holding of Annual General Meeting (AGM) through Video Conference (VC) or Othe..

Posted in news |   2244 Views


MCA notifies Companies (Share Capital and Debentures) Amendment Rules 2022

MCA has notified Companies (Share Capital and Debentures) Amendment Rules 2022 to amend the Companies (Share Capital and Debenture) Rules, 2014. Official copy of the notification has been mentioned below GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, dated the 4th May, 2022 G.S.R. 335(E).- In exercise of the powers conferred by sub-section (1) and (3) of section 56 read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), ..

Posted in news |   2382 Views


Strict Compliance - Clarification of documents related to incorporation of a Company or LLP by Practicing Professionals

Corporate Laws & Corporate Governance Committee The Institute of Chartered Accountants of India 28th April, 2022 ----------------------------------------------------------------------------------------------- ANNOUNCEMENT Sub: Important Message: Strict Compliance - regarding Verification/ Clarification of documents related to incorporation of a Company or an LLP by Practicing Professionals.   The MCA has communicated to ICAI that instances have been observed where practisin..

Posted in news |   2472 Views


MCA releases FAQs on revised MCA21 V3 Login

USER AND REGISTRATION 1. I am new user of MCA system. How can I register? New User refers to a person who does not have an existing User Account on MCA system in any version of MCA 21 (either V-1 or V-2). Thus, a 'New User' is the one who will be doing a fresh/new registration on the MCA portal. If you are new to the MCA system, you can register yourself either as a 'Registered User' or 'Business user' Registered User profile is meant for any individual. In the LLP Mod..

Posted in news |   3519 Views


MCA registers highest ever 1.67 lakh companies in FY 2021-22

During the Financial Year 2021-22, Ministry of Corporate Affairs (MCA) registered more than 1.67 Lakh company incorporations as compared to 1.55 Lakh companies during FY 2020-21. The increase is significant considering that number of companies incorporated during Financial Year 2020-21 were the highest in any of the previous years. The incorporations during FY 2021-22 are 8% more than the incorporations during FY 2020-21. While MCA had registered 1.24 lakh companies during FY 2018-19 and 1.22..

Posted in news |   573 Views





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