{"id":517,"date":"2021-06-02T15:08:28","date_gmt":"2021-06-02T15:08:28","guid":{"rendered":"http:\/\/www.rnm.in\/blog\/?p=517"},"modified":"2025-01-30T10:55:44","modified_gmt":"2025-01-30T10:55:44","slug":"amendments-by-mca-sebi-may-2021","status":"publish","type":"post","link":"https:\/\/www.rnm.in\/blog\/amendments-by-mca-sebi-may-2021\/","title":{"rendered":"Recent Amendments by MCA &#038; SEBI"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<h4 class=\"has-text-align-center wp-block-heading\"><strong>Amendments\nissued by MCA<\/strong><\/h4>\n\n\n\n<p><strong>Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013<\/strong> <br>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 relaxation of time and condone the delay in filing forms related to creation\/ modification of charges. Read more: <a href=\"https:\/\/www.mca.gov.in\/bin\/dms\/getdocument?mds=Jk5WdP58JBNwkqVJxXfhbQ%253D%253D&amp;type=open\">https:\/\/www.mca.gov.in\/bin\/dms\/getdocument?mds=Jk5WdP58JBNwkqVJxXfhbQ%253D%253D&amp;type=open<\/a><\/p>\n\n\n\n<p><strong>Gap between two board meetings under section 173 of the Companies Act, 2013<\/strong> <br>In view of the difficulties arising due to resurgence of Covid-19 , it has been decided by the ministry that the requirement of holding meetings of Board of the companies within the intervals provided under section173 of the companies act, 2013&nbsp; (120 days) stands extended by a period of 60 days for first two quarters of Financial year 2021-22. Read more: <a href=\"https:\/\/www.mca.gov.in\/bin\/dms\/getdocument?mds=dZUwhX9hMCv9X%252B5hgAoe5A%253D%253D&amp;type=open\">https:\/\/www.mca.gov.in\/bin\/dms\/getdocument?mds=dZUwhX9hMCv9X%252B5hgAoe5A%253D%253D&amp;type=open<\/a><\/p>\n\n\n\n<p><strong>Relaxation of time for filing certain forms under the Companies Act, 2013<\/strong> <br>In view of the difficulties arising due to resurgence of Covid-19 , it has been decided by the ministry to grant &nbsp;relaxation on levy of additional fees for filing of various forms under companies act, 2013\/ LLP Act ,2008\/ Rules made thereunder due for filing during 1<sup>st<\/sup> April ,2021 to 31<sup>st<\/sup>May, 2021 upto 31<sup>st<\/sup> July ,2021 to file such forms without any additional fees. Read more: <a href=\"https:\/\/www.mca.gov.in\/bin\/dms\/getdocument?mds=HM1U%252FSJ5NDWKaT8%252B1e3qKg%253D%253D&amp;type=open\">https:\/\/www.mca.gov.in\/bin\/dms\/getdocument?mds=HM1U%252FSJ5NDWKaT8%252B1e3qKg%253D%253D&amp;type=open<\/a><\/p>\n\n\n\n<p><strong>Clarification on offsetting the excess CSR spent for FY 2019-20&nbsp;<\/strong> <br>It is clarified that where a company has contributed any amount to \u2018PM CARES Fund\u2019 on 31.03.2020, which is over and above the minimum amount as prescribed under section 135(5) of the&nbsp;Companies Act, 2013&nbsp;(\u201cAct\u201d) for FY 2019-20, and such excess amount or part thereof is offset against the requirement to spend under section 135(5) for FY 2020-21 , then the same shall not be viewed as a violation subject to certain conditions. Read more: <a href=\"https:\/\/www.mca.gov.in\/bin\/dms\/getdocument?mds=yh5ok6xXPSdmLMFFFZ9bdQ%253D%253D&amp;type=open\">https:\/\/www.mca.gov.in\/bin\/dms\/getdocument?mds=yh5ok6xXPSdmLMFFFZ9bdQ%253D%253D&amp;type=open<\/a><\/p>\n\n\n\n<h4 class=\"has-text-align-center wp-block-heading\"><strong>Amendments issued by SEBI<\/strong><\/h4>\n\n\n\n<p><strong>Securities And Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers) (Amendment) Regulations, 2021<\/strong> <br>In exercise of the powers conferred under section 30 of the Securities&nbsp; and&nbsp; Exchange Board&nbsp; of&nbsp; India&nbsp; Act,&nbsp; 1992&nbsp; (15&nbsp; of&nbsp; 1992),&nbsp; the&nbsp; Board&nbsp; hereby&nbsp; makes&nbsp; the following Regulations to further amend the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011&amp; these regulations may be called the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2021&amp; shall come into force on the date of their publication in the Official Gazette. Read more: <a href=\"https:\/\/www.sebi.gov.in\/legal\/regulations\/may-2021\/securities-and-exchange-board-of-india-substantial-acquisition-of-shares-and-takeovers-amendment-regulations-2021_50077.html\">https:\/\/www.sebi.gov.in\/legal\/regulations\/may-2021\/securities-and-exchange-board-of-india-substantial-acquisition-of-shares-and-takeovers-amendment-regulations-2021_50077.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":520,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[26,14],"tags":[95,24,69,27,70],"class_list":["post-517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-legal","category-general","tag-companies-act-2013","tag-csr","tag-mca","tag-ministry-of-corporate-affairs","tag-sebi"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ministry allows relaxation of time for filing forms related to charges<\/title>\n<meta name=\"description\" content=\"The Ministry of Corporate Affairs has allowed relaxation of time and condoned the delay in filing forms related to creation\/modification of charges.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rnm.in\/blog\/amendments-by-mca-sebi-may-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ministry allows relaxation of time for filing forms related to charges\" \/>\n<meta property=\"og:description\" content=\"The Ministry of Corporate Affairs has allowed relaxation of time and condoned the delay in filing forms related to creation\/modification of charges.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rnm.in\/blog\/amendments-by-mca-sebi-may-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"RNM India Blogs\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-02T15:08:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-30T10:55:44+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.rnm.in\/blog\/wp-content\/uploads\/2021\/06\/MCA-amendments-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Rnm\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rnm\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.rnm.in\/blog\/amendments-by-mca-sebi-may-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.rnm.in\/blog\/amendments-by-mca-sebi-may-2021\/\"},\"author\":{\"name\":\"Rnm\",\"@id\":\"https:\/\/www.rnm.in\/blog\/#\/schema\/person\/c803658b38f2490f6a75863d05644438\"},\"headline\":\"Recent Amendments by MCA &#038; 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