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MCA invites applications of Young Professionals on a contract basis

F. No.2/1/CDMPS/R&A (Part-II)  Government of India Ministry of Corporate Affairs  (R&A Division) Ministry of Corporate Affairs is pleased to invite applications to engage the services of Young Professionals (YPs) on contract basis. Details of the posts and terms & conditions as well as period of engagement, eligibility, experience, etc. are as under:-   1. Name of post Young Professional-I ..

Posted in news |   10419 Views


MCA specifies funds/institutions that are required to re-register under modified Form-10A

  All institutions, funds etc, covered under clause (i) and (iv) of first proviso to section 10(23C), fifth proviso to section 35(1), clause (i) and (iv) of first proviso to section 80G(5) and sub-clause (i) and (vi) of section 12A(1)(ac) of the Income Tax Act-1961 are required to re-register a fresh by using modified form-10A. Form-10A is also to be used for fresh registration under any of the above sections.  Click here to see the notification. ..

Posted in news |   342 Views


The Companies (Audit and Auditors) Amendment Rules, 2021 and The Companies (Audit and Auditors) Second Amendment Rules, 2021

MCA through vide its notifications dated 24.03.2021 and 01.04.2021, has notified the Companies (Audit and Auditors) Amendment Rules, 2021 and Companies (Audit and Auditors) Second Amendment Rules, 2021 respectively. Effective from the 1st day of April, 2021. The analysis of these amendment notifications are as follows: Amendment to Rule 11 - Other Matters to be Included in Auditors Report Post amendment the Auditor’s Report shall include their views and comments on the foll..

Posted in articles |   969 Views


CSR Activities under new MCA-Era

Introduction Ministry of Corporate Affairs has launched E-form CSR-1 on their website w.e.f. 1st April 2021. E-form CSR-1 is required to be filed pursuant to Section 135 of the Companies Act, 2013 and Rule 4 (1) and (2) of the Companies (Corporate Social Responsibility Policy) Rules, 2014. Applicability The provisions of CSR applies to: every company its holding company its subsidiary company foreign company Having in the preceding financial year: Net Worth > 5..

Posted in articles |   786 Views


MCA releases Company (Accounts) Second Amendment Rules, 2021

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]  MINISTRY OF CORPORATE AFFAIRS  NOTIFICATION  New Delhi, the 1st April, 2021  G.S.R.  (E). - In exercise of the powers conferred by section 134 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Accounts) Rules, 2014, namely:-  1. (1) These rules may be call..

Posted in news |   801 Views


MCA releases Companies (Audit and Auditors) Second Amendment Rules, 2021

[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 1st April, 2021  G S R (E).- In exercise of the powers conferred by sections 139, 143, 147 and 148 read with 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 (Audit and ..

Posted in news |   774 Views


MCA registers 1.55 lakh company incorporations in FY 2020-21

MCA registers 1.55 lakh company incorporations in FY 2020-21, an increase of 27% year-on-year 42,186 Limited Liability Partnerships got incorporated in FY 2020-21, an increase of 17% year-on-year During the Financial Year 2020-21, Ministry of Corporate Affairs (MCA) registered more than 1.55 Lakh company incorporations as compared to 1.22 Lakh companies during FY 2019-20, an increase of about 27%. Similarly, 42,186 Limited Liability Partnerships (LLPs) got incorporated as against 36,176 la..

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MCA announces new Trade Payables Ageing Schedule

[TO BE PUBLISHED IN GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 24th March, 2021 G.S.R. (E).—In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendments in Schedule III to the said Act with effect from 1st day of April, 2021, namely:-   In the said Sche..

Posted in news |   2 comments |   10068 Views


MCA announces unavailability of MCA portal on 27th March 2021

  MCA portal will not be available between 8:00 AM to 6:00 PM on 27th March'21 due to planned quarterly maintenance activity. Stakeholders may plan accordingly. ..

Posted in news |   507 Views


MCA | Deadline of CFSS and LLP Settlement Scheme to not extend

The Ministry of Corporate Affairs (MCA) through the General Circular no. 12/2020 dated 30.3.2020, launched the "Companies Fresh Start Scheme, 2020 which inter- alia provided opportunity to companies to make good any filing related defaults, regardless of duration of defaults, and make a fresh start as a fully compliant company. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today. ..

Posted in news |   1908 Views


MCA ordered for investigation in the cases of misuse of corporate structure/ fraud for FY 2020-21

SFIO investigating 20; RDs investigating 38 cases in misuse of corporate structure/ fraud Financial Year 2020-21 The Ministry of Corporate Affairs (MCA) has ordered for investigation and assigned to Serious Fraud Investigation office (SFIO) and Regional Directors (RDs) in the cases where there are allegations of misuse of corporate structure/ fraud. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in ..

Posted in news |   435 Views


MCA establishes Central Scrutiny Centre for carrying out scrutiny of STP e-forms

ANNOUNCEMENT Sub: Establishment of Central Scrutiny Centre (CSC) for carrying out scrutiny of Straight Through Processes (STP) e-forms filed by the Companies under the Act w.e.f. 23rd March 2021 This is to inform you that the Central Government has established a Central Scrutiny Centre (CSC) for carrying out scrutiny of Straight Through Processes (STP) e-forms filed by the companies under the Act and the rules made thereunder and which shall function under the administrative control of the..

Posted in news |   5679 Views






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