Transaction & Regulatory Advisory Sevices Alert – February 2024

In this edition we have tried to bring you notice the latest amendment that followed in the month of February, 2024 issued by MCA, RBI, SEBI, IBBI and others.  MCA(Ministry of Corporate affairs) The Ministry of Corporate Affairs (MCA) has notified the Companies (Registration Offices and Fees) Amendment Rules, 2024 The Registrar of the Central Processing Center is empowered to examine or cause to be examined every application or e-Form or document required or authorized to be filed or delivered

Transaction & Regulatory Advisory Services Alert – April 2023

In this edition, we have tried to bring to your notice the latest amendments that followed in the month of May 2023 issued by MCA, RBI, SEBI, DIPP and others. Ministry of Corporate Affairs (MCA) The Ministry of Corporate Affairs has, vide its Notification No. dated 17th April, 2023, amended or transferred the responsibility of striking off companies from Registrar of Companies to Registrar, Centre for Processing Accelerated Corporate Exit (a.k.a. Registrar, Centre for PACE) with effect from 1st May,

Corporate & Legal – March 2023

In this edition we have tried to bring to your notice the latest amendment that followed in the month of March, 2023 issued by MCA, RBI, SEBI, DIPP and others. Ministry of Corporate Affairs (MCA) The Ministry of Corporate Affairs (MCA) has notified the Companies (Indian Accounting Standards) Amendment Rules, 2023. As per the amended rules, a new para 39AG has been inserted in Ind AS 101, which states that ‘deferred tax related to assets and liabilities arising from a

Corporate & Legal Alert – February 2023

In this edition we have tried to bring you notice the latest amendment that followed in the month of February, 2023   issued by MCA, RBI, SEBI others. MCA MCA drops RoC approval for most corporate actions The Ministry of Corporate Affairs has simplified the process for corporate reporting, eliminating the need for approval by Registrars of Companies (RoCs)in most cases and allowing companies to fulfil their reporting obligations with an online acknowledgement. To read more: MCA drops RoC approval for

CORPORATE AND LEGAL ALERT- JUNE 2022

In this edition we have tried to bring you notice the latest amendment that followed in the month of June, 2022 issued by MCA, RBI, SEBI, DIPP and others. Amendments issued by MCA Through this amendment, MCA has added a new sub-rule 4 in Rule 25A of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, to provide that in case of a compromise or an arrangement or merger or demerger between an Indian company and a company or body corporate

The latest amendment that followed in the month of December, 2021 issued by MCA, RBI, SEBI, DIPP and others.

In this edition we have tried to bring you notice the latest amendment that followed in the month of December, 2021 issued by MCA, RBI, SEBI, DIPP and others. Amendments issued by MCA The Ministry of Corporate Affairs has issued the clarification on holding of Annual General Meeting (AGM) through Video Conference (VC) or Other Audio-Visual Means (OAVM). MCA has decided to allow the companies whose AGMs are due in the Year 2021, to conduct their AGMs on or before

Amendments issued by MCA & RBI

In this edition we have tried to bring to your notice the latest amendment that followed in the month of August, 2021 issued by MCA and RBI. Amendments issued by MCA Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 In exercise of the powers conferred by section 149 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 (Appointment and Qualification of Directors) Rules,

MCA amends Schedule III of Companies Act on disclosure norms in financial statements

In order to bring in greater transparency in reporting of financial statements, the Ministry of Corporate Affairs (MCA) vide notification dated 24.03.2021 has amended the Schedule III to the Companies Act, 2013 effective from 01st April, 2021 to mandate various disclosures by companies in their financial statements. This was stated by Union Minister of State for Corporate Affairs Shri Rao Inderjit Singh in a written reply to a question in Rajya Sabha. Two New Disclosure requirements inserted in Schedule-III 1.

Amendments issued by MCA

In this edition we have tried to bring to your notice the latest amendment that followed in the month of June, 2021 issued by MCA. Companies (Incorporation) Fourth Amendment Rules, 2021 In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby further amend the Companies (Incorporation) Rules, 2014, these rules may be called the Companies (Incorporation) Fourth Amendment Rules, 2021 & they shall come

Recent Amendments by MCA & SEBI

In this edition we have tried to bring your notice the latest amendment that followed in the month of May, 2021 issued by MCA and SEBI. Amendments issued by MCA Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 In exercise of the powers conferred under section 460 read with section 403 of the companies act, 2013 and the companies (Registration offices and fees) Rules, 2014, ministry has decided to allow