Corporate Law News
IBBI directs rules for Retention of records relating to Corporate Insolvency Resolution Process
05 January 2021 at 10:44The Insolvency and Bankruptcy Board of India has directed rules for the retention of records relating to the Corporate Insolvency Resolution Process. Read the official announcement and the rules directed here.
#Extend_CFSS trends on Twitter, as professionals demand the same
04 January 2021 at 10:02Taxpayers and professionals across the country have requested for an extension in the Companies Fresh Start Scheme, and have used the #Extend_CFSS to showcase their demands.
Extension of CFSS and LLP Scheme requested by ICSI
04 January 2021 at 10:02The Institute of Company Secretaries of India has written a representation letter to the Union and Finance Minister Smt. Nirmala Sitharaman requesting for the Ministry of Finance to extend the Companies Fresh Start Scheme to 31st March 2021.
Extension of CFSS Scheme requested by UP Merchant Association
04 January 2021 at 10:02The UP Merchant Association has written a representation letter to the Union and Finance Minister Smt. Nirmala Sitharaman requesting for the Ministry of Finance to extend the Companies Fresh Start Scheme to 30th June 2021.
MCA allows companies to conduct their EGMs through VC or OAVM or transact items through postal ballot up to 30th June 2021
02 January 2021 at 12:35MCA has decided to allow companies to conduct their EGMs through VC or OAVM or transact items through the postal ballot in accordance with the framework provided in the circular up to 30th June 2021.
MCA clarifies that there is no change in the additional fee logic of eForm MGT-7 and AoC-4/AOC-4 XBRL/AOC-4 CFS/AOC-4 NBFC for the FY 2019-20 w.e.f 01 January 2021
02 January 2021 at 11:02MCA has clarified that there will be no change in the additional fee logic eForms, since the extension was provided to all the companies for conducting AGM and not for filing the form.
MCA makes optional the Field 'SRN of the application filed for extension' (GNL-1) in eForm MGT-7 for FY 2019-20 w.e.f 01 January 2021
02 January 2021 at 11:02The Ministry of Corporate Affairs has made the Field 'SRN of the application filed for extension' (GNL-1) in eForm MGT-7 optional for FY 2019-20 w.e.f. 1st January 2021 due to blanket extension provided for all companies to conduct AGM.
MCA starts the process of deactivating the non-compliant DINs, who have not filed DIR-3 KYC for FY 2019-20 up to 31.12.2020
02 January 2021 at 11:01MCA has clarified that the last date for filing DIR-3 KYC for the Financial Year 2019-20 has expired on 31st December 2020. Consequently, the process of deactivating the non-compliant DINs is in progress and will be completed shortly.
IBBI invites applications from eligible candidates for engagement as Research Associates on a contract basis
29 December 2020 at 17:17Engagement of Research Associates in Law/Economics/Public Policy in the Insolvency and Bankruptcy Board of India on Contract Basis.
Ministry of Finance releases Prevention of Money Laundering (Maintenance of Records) Fourth Amendment Rules, 2020
29 December 2020 at 11:02The Ministry of Finance has released the Prevention of Money Laundering (Maintenance of Records) Fourth Amendment Rules, 2020. Read the official notification and all the amendments made in the Rules, here.
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