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REGULATORY UPDATE: MCA ISSUED NOTICE INVITING COMMENTS/SUGGESTIONS ON INTEGRATION OF NAME RESERVATION WITH SPICE E-FORM UNDER COMPANIES ACT, 2013

The MCA in view of simplifying the process of name reservation for the Companies, it has issued the Consultation Paper on the integration of Name reservation with SPICE e-form under the Companies Act, 2013. In this regard, it has invited
DELEGATION OF POWERS TO REGIONAL DIRECTOR

DELEGATION OF POWERS TO REGIONAL DIRECTOR UNDER SECTION 458 OF COMPANIES ACT 2013 The MCA vide its notification dated 06 September 2017 pursuant to power vested in it under Section 458 of the Companies Act, 2013 has delegated its powers
CLARIFICATION ON DEFINITION OF “JOINT VENTURE”

MINISTRY OF CORPORATE AFFAIRS (MCA) CLARIFICATION ON DEFINITION OF “JOINT VENTURE” FOR THE PURPOSE OF EXEMPTION FROM APPOINTMENT OF INDEPENDENT DIRECTORS BY CERTAIN UNLISTED PUBLIC COMPANIES The MCA vide its notification dated 5 July 2017 had inserted Rule 4(2) and
Regulatory Updates: FDI, SEBI Laws, MCA, Labour Laws, Cybersecurity, Trademarks, Bankruptcy and Insolvency, Startup India

Foreign Direct Investment in a Limited Liability Partnership The Securities and Exchange Board of India (Foreign Portfolio Investors) (Second Amendment) Regulations, 2017 Section 391 (2) Closure of Place of Business by a Foreign Company The Companies (Transfer of Pending

By Sharda Balaji over 6 years ago
Shutting Down A Company - Fast Track Exit Under The New Companies Act 2013

One of the quick ways to shut down a company, when non-operational over a period of time, was through a process called Fast Track Exit (FTE). In its place, under the Companies Act, 2013 has brought in a process called

By Sharda Balaji almost 7 years ago
Adoption of Indian Accounting Standards (Ind – AS)

The Ministry of Corporate Affairs (‘MCA’) has notified the mandatory adoption of Indian Accounting Standards (Ind-AS) by all companies other than Insurance Companies, Banking companies and Non-Banking Finance companies. The roadmap of this pilot project is launched by the MCA

By Sharda Balaji over 8 years ago
Present Sir ! Board meetings through video conferencing counted for Quorum.

After almost 13 years of constant request by the industry, Ministry of Corporate Affairs (MCA) considers Directors attending Board / Committee Meetings through video conferencing as valid quorum. Read the circular here http://goo.gl/HhI1f. I remember program co-ordinating Companies Bill, 1997 held

By Sharda Balaji over 12 years ago