Corporate Law News

4,73,131 number of Indian Companies & 1,065 number of Foreign Companies benefited by availing CFSS 2020

10 February 2021 at 05:30

As per records available with MCA, 4,73,131 number of Indian Companies and 1,065 number of Foreign Companies have been benefited by availing the CFSS, 2020 for filing their pending documents.

Posted in Corporate Law | 1791 Views

MCA amended Companies Act 2013 to mitigate blow by COVID-19 pandemic

10 February 2021 at 05:27

MCA has taken various measures to address the COVID-19 pandemic by making amendments in the Companies Act, 2013, Rules made thereunder and by issuing various circulars from time to time.

Posted in Corporate Law | 1971 Views

Incorporation of Companies in current fiscal increased 21%

10 February 2021 at 05:24

The number of companies incorporated from April, 2020 till December, 2020 in the FY 2020-21 (till 31-12-2020) compared to corresponding period from April, 2019 to December, 2019 in the FY 2019-20 (till 31-12-2019) has actually increased by about 21%.

Posted in Corporate Law | 1164 Views

Schemes launched by Government during COVID-19 pandemic for companies

09 February 2021 at 05:32

The Ministry of Corporate Affairs (MCA) administers the provisions of the Companies Act, 2013 (herein after called as the Act) and the Limited Liability Partnerships (‘LLPs’) Act, 2008 and the Insolvency and Bankruptcy Code (IBC), 2016.

Posted in Corporate Law | 1506 Views

MCA21 Version 3.0 to be launched in Fiscal 2021-22

05 February 2021 at 17:49

During the fiscal 2021-22, the MCA will launch data analytics driven MCA21 Version 3.0. This Version will have additional modules for e-Adjudication, e-Consultation and Compliance Management.

Posted in Corporate Law | 2634 Views

FAQs on New Training Structure as per CS (Amendment) Regulations, 2020

04 February 2021 at 08:37

FAQs on New Training Structure as per Company Secretaries (Amendment) Regulations, 2020 to be effective from 03rd February, 2021

Posted in Corporate Law | 3213 Views

MCA initiates process of De-criminalisation of compoundable offences under Limited Liability Act, 2008

04 February 2021 at 05:45

Ministry of Corporate Affairs (MCA) decided to initiate the process of decriminalization of compoundable offences under the limited liability partnership (LLP) Act, 2008, for greater ease of doing business for law abiding LLPs.

Posted in Corporate Law | 2373 Views

MCA revises threshold for paid up capital and turnover for Small Companies

04 February 2021 at 05:41

In line with the vision of the Government of India, the definition under the Companies Act, 2013 for Small Companies has now been revised by increasing their thresholds for Paid up capital.

Posted in Corporate Law | 2553 Views

MCA amends One Person Companies (OPCs) rules

04 February 2021 at 05:32

As a measure which directly benefits Startups & Innovators in the country, the incorporation of One Person Companies (OPCs) is being incentivized by amending the Companies (Incorporation) Rules.

Posted in Corporate Law | 2397 Views

Companies (Compromises, Arrangements and Amalgamations) Amendment Rules 2021

03 February 2021 at 05:55

The Ministry of Corporate Affairs has released the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules 2021, to further amend the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016.

Posted in Corporate Law | 1647 Views