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MCA Updates

MCA 22 April 2020
MCA Updates Holding of annual general meetings by companies whose financial year has ended on 31st December, 2019.

Several representations have been received from stakeholders with regard to difficulty in holding annual general meetings (AGMs) for companies whose financial year ended on 31st December, 2019 due to COVID-1 9 related so…

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MCA 14 April 2020
MCA Updates Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013 and rules made thereunder on account of the threat posed by COVID-19

In continuation of the earlier Circular issued by the Ministry of Corporate Affairs (MCA) on 8 th April, 2020 regarding conduct of extraordinary general meetings (EGMs) through video conferencing (VC) or other audio visu…

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MCA 14 April 2020
MCA Updates Filing under section 124 and 125 under Companies Act 2013 IEPFA (Accounting Audit,Transfer and Refund) Rules 2016 in view of emerging situation due to outbreak of COVID-19

COVID-19 which requires adherence of social distancing norms the stakeholders has point out various difficulties and sought relaxation especially in procedures related to transfer of money remaining unpaid or unclaimed f…

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MCA 9 April 2020
MCA Updates Clarification on passing of ordinary or special resolution by Companies under Companies Act 2013 and the rules made there under on account of the threat posed by COVID-19

The following procedure needs to be adopted for conducting Extra ordinary General Meeting on or before 30.06.2020, in addition to any other requirement provided in the Act or the rules made thereunder: For companies…

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MCA 1 April 2020
Updates under MCA as on 1st April 2020

DIN holders of DINs marked as ‘Deactivated’ due to non-filing of DIR-3KYC/DIR-3 KYC-Web and those Companies whose compliance status has been marked as “ACTIVE non-compliant” due to non-filing of Active Company Tagging Id…

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MCA 19 March 2020
MCA Updates Board meetings under the Companies Act, 2013

Considering the need to take precautionary steps to overcome the outbreak of the coronavirus (Covid-19), the Government has in-principle decided to relax the requirement of holding Board meetings with physical presence o…

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MCA 16 March 2020
MCA Updates Companies Incorporation second Amendment Rules, 2020

These rules may be called the Companies Incorporation second Amendment Rules, 2020' They shall come into force on the date of their publication in the official Gazette. In Form No.INC-28, in serial no. 5, in clause (a) a…

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MCA 16 March 2020
MCA Updates Companies (Registration Offices and Fees) Second Amendment Rules, 2020.

These rules may be called the Companies (Registration Offices and Fees) Second Amendment Rules, 2020. They shall come into force on the date of their publication in the Official Gazette. In Form No.GNL-2 in ser…

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MCA 13 March 2020
MCA updates Relaxation of additional fees and'extension of last date in filing of forms MGT-7 Annual Return and AOC-4 (Financial Statement under the Companies Act, 2O13- UT of J&K and UT of Ladakh

It has been decided to further extend the due date for filing of e-forms AOC-4, AOC-4 (CFS) AOC4 XBRL and e-form MGT-7 upto 30,O6.2O2O, for companies having jurisdiction in the UT of J&K and UT of Ladakh without levy of …

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MCA 12 March 2020
Updates under MCA as on 12th March 2020.

In exercise of the powers conferred by clause (a) of section 54(Power to exempt) of the Competition Act, 2002, the Central Government hereby exempts a Banking Company in respect of which the Central Government has issued…

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