MCA Vide Notification No. GSR.805(E) on 22/10/19 issued Companies (Creation & Maintenance of data bank of independent directors) Rules, 2019 which will come into force from 01st December,2019 except Rule 2&5 which is effective from 22/10/19:- Rule 1- Short title and commencement Rule 2- Definitions Rule 3- Creation and maintenance of data bank Rule 4- […]

MCA Vide Notification No. SO.3791(E) on 22nd October, 2019 notified the Indian Institute of Corporate Affairs at Manesar (Haryana), as an institute to create and maintain a data bank containing names, addresses and qualifications of persons who are eligible and willing to act as independent directors. This notification comes into force with effect from the […]

MCA Vide Notification No. GSR.803(E) on 22nd October, 2019 issued Companies (Accounts) Amendment Rules, 2019 which will come into force from 01st December, 2019 to further amend Companies (Accounts) Rules, 2014 wherein:- In Rule8(5) after clause (iii), the following is inserted- (iiia) a statement regarding opinion of the board with regard to integrity, expertise & […]

MCA Vide Notification No. GSR.804(E) on 22nd October, 2019 issued Companies (Appointment & Qualification of Directors), Fifth Amendment Rules, 2019 which will come into force from 1st December, 2019 to further amend Companies (Appointment & Qualification of Directors) Rules, 2014 wherein:- Rule 6- Compliances required by a person eligible and willing to be appointed as […]

MCA Vide Notification No. GSR.793(E) Dated 16th October, 2019 issued Companies (Incorporation) Eighth Amendment Rules, 2019 to further amend The Companies (Incorporation) Rules, 2014 wherein:- In rule 8A(1)(b), the words “or applicant for registration,” is omitted. In rule 25A(1), in the fourth proviso, for the item (iii), the following is substituted – DIR-12 (changes in […]

MCA Vide Notification No. GSR.794(E) on 15th October, 2019 issued Companies (Filing of Documents and Forms in Extensible Business Reporting Language), Amendment Rules, 2019 which will come into force from 16th October, 2019 to further amend The Companies (Filing of Documents and Forms in Extensible Business Reporting Language) Rules, 2015 wherein:- In Rule 4, Annexure […]

MCA vide Notification No. GSR.792(E) on 15th October issued  The Companies (cost records and audit) Amendment Rules, 2019 which will come into force from 01st April,2018 to further amend Companies (cost records and audit) Rules,2014 wherein:- In the Annexure to the Rules i.e Form CRA-1 and CRA-3 is amended. The said Notification can be accessed […]

MCA vide Notification No. GSR. 776(E) on 11th October ,2019 the following amendment in Sch VII has been made- For item no. (ix), the following is substituted: ix) Contribution to incubators funded by Central Government or State Government or any agency or Public Sector Undertaking of Central Government or State Government, and contributions to public funded […]

MCA vide Notification No. GSR.777(E) issued Companies (Meetings of Board and its Powers) Amendment Rules, 2019 to further amend The Companies (Meetings of Board and its Powers) Rules, 2014 wherein:- In sub-rule (2) of Rule 11, for the words “business of financing of companies”, the words “business of financing industrial enterprises” is substituted. The said […]

Vide MCA Notification No. GSR.749(E) on 30th September, 2019 issued Companies (Registration Offices and Fees) Fifth Amendment Rules, 2019 which will come into force from 1st October,2019,2019 to further amend Companies (Registration Offices and Fees) Rules, 2014 wherein:- Since, due date for submitting e-form DIR-3 KYC or web form DIR-3 KYC-WEB has been extended from […]