Please note that MCA vide Circular No. 22 has introduced a new scheme called “Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013” for the purpose of condoning the delay in filing certain forms related to creation/ modification of charges. Scheme Applicable date – 17th June, […]

MCA vide this circular has extended the time from 30/06/2020 to 30/09/2020 to allow companies to conduct their EGMs through VC or OAVM or transact items through postal ballot in accordance with the earlier Circulars. The said Circular can be accessed through the following link: MCA_Circular 22_15.06.2020_Clarification on holding EGM

MCA vide this notification has allowed that Start-up Companies, now defined as per notification number G.S.R. 127(E), dated the 19th February, 2019 issued by the Department for Promotion of Industry and Internal Trade to issue sweat equity shares not exceeding fifty percent of its paid up capital up to 10 years from the date of its incorporation […]

MCA vide this notification has made amendment in Schedule VII, wherein in item (viii) of the said schedule, Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) is  inserted. The said Notification can be accessed through the following link: MCA_Notif_GSR.313(E)_26.05.2020_Amendment to Schedule VII

MCA vide this circular has clarified that for the right issue opening up to 31st July, 2020, the inability of the listed company to dispatch the notice referred to in Section 62(1)(a)(i) & 62(2) of CA, 2013 to their shareholders through post or courier would not be viewed as violation of Section 62(2) of the […]

On account of continuing restriction on the movement of persons at several places in the country, MCA vide its Circular No. 20/2020 dated 5th May, 2020 has allowed companies to conduct their AGM through video conferencing (VC) or other audio visual means (OVAM) during the calendar year 2020 subject to following requirements: For companies which […]

MCA has extended the last date of filing NFRA-2 for FY 2018-19. The time limit for filing NFRA-2 is 210 days from the date of deployment of the form on website of NFRA. The said Circular can be accessed through the following link: MCA_Circular 19_30.04.2020_Extension of NFRA-2 filing

MCA has further extended the last date for registration of details of Independent Directors in the Independent Director Data Bank for further two months. The revised last date for the same is 30th June, 2020.  The said Notification can be accessed through the following link: MCA_Notif_GSR.268(E)_29.04.2020_Co.(Appntmnt & Qualificatn of Directors) Rules, 2014

MCA has extended the time for holding AGM for those Companies whose financial year ended on 31st December, 2019 (other than first financial year) by 3 months i.e. the Companies are allowed to hold their AGM within a period of nine months instead of six from the closure of the financial year. Hence, the revised due […]