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Notifications/Circulars Category : Corporate Laws
Payment of stamp duty \"OPTIONAL\" on Increase of Authorised capital
Posted Date : 29-Sep-2011 , 01:35:29 pm | Posted By: Akanksha Handa

Ministry of Company Affairs has made the payment of Stamp Duty OPTIONAL on Increase of Authorised Capital vide notification dated 23/09/2011 w.e.f 25/09/2011, Hence, payment of stamp duty for increase of authorised capital being paid with filing of eForm No.5 with respect to State of National Capital Territory of Delhi is made optional."...

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Category : Corporate Laws | Comments : 0 | Hits : 709

Compliance of the provisions of Companies Act, 1956 and Rules made thereunder
Posted Date : 10-Sep-2011 , 09:14:23 am | Posted By: CASANSAAR

Compliance of the provisions of Companies Act, 1956 and Rules made thereunder. Click here for Circlar ...

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Category : Corporate Laws | Comments : 0 | Hits : 366

Revised Schedule VI shall be effective from 01.04.2011 (Clarification on Notification No S.O. 447 (E) dated 28.02.2011)
Posted Date : 06-Sep-2011 , 04:37:07 am | Posted By: CASANSAAR

Clarification on Notification No S.O. 447 (E) dated 28.02.2011 on Revised Schedule VI (shall be effective from 01.04.2011). Click here for complete Circular...

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Category : Corporate Laws | Comments : 0 | Hits : 977

Online incorporation of companies within 24 hours
Posted Date : 06-Sep-2011 , 04:22:32 am | Posted By: CASANSAAR

General Circular No. 61/2011 No 2/10/2011-CL.V Government of India Ministry of Corporate Affairs 5th floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated the 5th Sept, 2011 To, All Regional Directors All Registrar of Companies. Sub: Online incorporation of companies within 24 hours Sir, Please refer to this Ministry’s General Circular No. 49/2011 dated 23rd July, 2011 intimating that this Ministry is simplifying the procedures under the...

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Category : Corporate Laws | Comments : 0 | Hits : 376

Deferrement of date of applicability of IFRS
Posted Date : 23-Aug-2011 , 05:54:05 am | Posted By: Ashish Karundia

PRESS RELEASE Reliable, consistent and uniform financial reporting is important part of good corporate governance practices worldwide in order to enhance the credibility of the businesses in the eyes of investors to take informed investment decisions. In pursuance of G-20 commitment given by India, the process of convergence of Indian Accounting Standards with IFRS has been carried out in Ministry of Corporate Affairs through wide ranging consultative exercise with all the stakeholders. Thirt...

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Category : Corporate Laws | Comments : 0 | Hits : 824

Corrigendum to Company Law Settlement Scheme, 2011
Posted Date : 12-Aug-2011 , 08:15:01 am | Posted By: CASANSAAR

General Circular No. 60/2011, Dated the 10thAug, 2011 F. No. 2/11/2011-CL V Subject: Corrigendum to Company Law Settlement Scheme, 2011 In continuation of the Ministry’sGeneral Circular No. 59/2011dated 5.8.2011 on the subject cited above, it is stated that the said scheme shall be applicable to Form 52 (filing of annual accounts by a foreign company) as foreign companies are included in the scheme. 2. All the terms and conditions of the General Circular No. 59/2011 dated 5.8.201...

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Category : Corporate Laws | Comments : 0 | Hits : 350

Company Law Settlement Scheme,2011
Posted Date : 06-Aug-2011 , 12:00:42 pm | Posted By: CASANSAAR

General Circular No.59 /2011, Dated the 05th Aug, 2011 Subject: Company Law Settlement Scheme, 2011 It has been observed that a large number of companies are not filing their due statutory documents (i.e. Balance Sheets and Annual Returns) timely with the Registrar of Companies. Due to this, the records available in the electronic registry are not updated and thereby are not available to the stakeholders for inspection. Further, due to not filing the documents on time, companies are burd...

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Category : Corporate Laws | Comments : 0 | Hits : 354

Master Circular on Prosecution of Directors
Posted Date : 02-Aug-2011 , 10:55:17 am | Posted By: CASANSAAR

Master Circular No. 1/2011, Dated the 29th July, 2011 No.3/57/2011/CL- II, Sub: Master Circular on Prosecution of Directors – Regarding The question of treating a person as an officer in default by ROCs when prosecutions are launched against a company and its directors for violations under Companies Act, 1956 has come up for examination time and again. The Department has issued various circulars in this regard so far. It may be recollected that the Department vide circular No.42/7/7...

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Category : Corporate Laws | Comments : 0 | Hits : 337

Corrigendum to General Circular No. 54/2011
Posted Date : 02-Aug-2011 , 10:49:32 am | Posted By: CASANSAAR

F. No. 35/6/2011/InsolvencyGovernment of IndiaMinistry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhavan,Dr. R.P. Road, New Delhi-110001Dated 1st August, 2011 To All Regional Directors All ROCs All Official Liquidators Subject: Corrigendum to General Circular No. 54/2011. *** In view of the representations from professional Institutes, it has been decided to amend Para (c) the Circular No. 54/2011 dated 26th July, 2011. Para (c) of the said Circular may be read as u...

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Category : Corporate Laws | Comments : 0 | Hits : 270

Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language(XBRL) mode
Posted Date : 02-Aug-2011 , 10:44:16 am | Posted By: CASANSAAR

Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language(XBRL) mode. Click Here...

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Category : Corporate Laws | Comments : 0 | Hits : 248

Scrutiny inspection and investigation in all winding up cases
Posted Date : 28-Jul-2011 , 03:07:23 am | Posted By: CA ANKUR KAPIL

GENERAL CIRCULAR No. 55/2011 Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi-110001 To All Regional Directors All Registrar of Companies All Official Liquidators Subject: Scrutiny inspection and investigation in all winding up cases. Sir, It has been noticed that winding up petitions are being filed by management after having committed major violations under the Companies Act, 1956 as well as ...

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Category : Corporate Laws | Comments : 0 | Hits : 258

Pro-active action in case of winding up petitions
Posted Date : 28-Jul-2011 , 03:06:30 am | Posted By: CA ANKUR KAPIL

GENERAL CIRCULAR NO. 54/2011 Government of India Ministry of Corporate Affairs 5 Dr. R.P. Road, New Delhi-110001 Dated 26 To All Regional Directors All ROCs All Official Liquidators Subject: Pro-active action in case of winding up petitions. It has been noticed that winding up petitions are filed by creditors, stake holders and management before Hon’ble High courts without providing full information. This leads to waste of valuable time of Hon’ble Court and a...

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Category : Corporate Laws | Comments : 0 | Hits : 308

Online incorporation of companies within 24 hours
Posted Date : 27-Jul-2011 , 07:51:59 am | Posted By: CASANSAAR

Online incorporation of companies within 24 hours. General Circular No: 49/2011 dated 23.07.2011...

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Category : Corporate Laws | Comments : 0 | Hits : 265

Name Availability Guidelines, 2011
Posted Date : 10-Jul-2011 , 09:09:01 am | Posted By: CASANSAAR

Name Availability Guidelines, 2011 Click here : http://mca.gov.in/Ministry/pdf/Circular_45-2011_08july2011.pdf...

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Category : Corporate Laws | Comments : 0 | Hits : 593

Integration of Director’s Identification Number (DIN) issued under Companies Act, 1956 with Designated Partnership Identification Number (DPIN) issued under Limited Liability Partnership (LLP) Act, 2008
Posted Date : 10-Jul-2011 , 09:04:58 am | Posted By: CASANSAAR

Integration of Director’s Identification Number (DIN) issued under Companies Act, 1956 with Designated Partnership Identification Number (DPIN) issued under Limited Liability Partnership (LLP) Act, 2008 Click Here. http://mca.gov.in/Ministry/pdf/Circular_44-2011_08july2011.pdf...

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Category : Corporate Laws | Comments : 0 | Hits : 378

Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language(XBRL) mode
Posted Date : 10-Jul-2011 , 09:03:01 am | Posted By: CASANSAAR

Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language(XBRL) mode. Click here : http://mca.gov.in/Ministry/pdf/Circular_43-2011_07july2011.pdf...

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Category : Corporate Laws | Comments : 0 | Hits : 287

E-filing of Income Tax return in respect of companies under liquidation
Posted Date : 10-Jul-2011 , 09:01:38 am | Posted By: CASANSAAR

E-filing of Income Tax return in respect of companies under liquidation...

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Category : Corporate Laws | Comments : 0 | Hits : 479

Payment of Commission to Non-Whole Time Directors of the Company under Section 309(4)(b) of the Companies Act, 1956
Posted Date : 10-Jun-2011 , 06:45:47 am | Posted By: CASANSAAR

General Circular No:4/2011 Payment of Commission to Non-Whole Time Directors of the Company under Section 309(4)(b) of the Companies Act, 1956 ...

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Category : Corporate Laws | Comments : 0 | Hits : 356

Filing of Balance Sheet and profit and Loss Account in eXtensible Business Reporting Language (XBRL) mode.
Posted Date : 10-Jun-2011 , 05:34:32 am | Posted By: CASANSAAR

General Circular No. 09/2011 17/70/2011 –CL.V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi Dated the 31.03.2011 To All Regional Directors All Registrar of Companies Subject: Filing of Balance Sheet and Profit and Loss Account in eXtensible Business Reporting Language( XBRL) mode. It has been decided by the Ministry of Corporate Affairs to mandate certain class of companies to file balance sheets and profit and...

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Category : Corporate Laws | Comments : 0 | Hits : 556

LIMITS ENHANCED FOR DISCLOSURE OF PARTICULARS OF EMPLOYEES UNDER 217(2A) OF COMPANIES ACT 1956
Posted Date : 10-Jun-2011 , 05:27:57 am | Posted By: Sahil Rastogi

LIMITS ENHANCED FOR DISCLOSURE OF PARTICULARS OF EMPLOYEES UNDER 217(2A) OF COMPANIES ACT 1956 The Ministry of Corporate Affairs has vide notification dated 31stMarch 2011 enhanced the limits for the purpose of disclosure of particulars of employees in Directors Report as requisite under Section 217 (2A) read with Companies (Particulars of Employees) Rules, 1975 from the existing limit of Rs. 24 lakh/ year/ Rs. 2 lakh per month to Rs. 60 lakh per year/ Rs. 5 lakh per month and by such notific...

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Category : Corporate Laws | Comments : 0 | Hits : 19308

Allotment of Director Identification Number (DIN) under Companies Act, 1956
Posted Date : 10-Jun-2011 , 05:18:44 am | Posted By: CASANSAAR

General Circular No:11/2011 Allotment of Director Identification Number (DIN) under Companies Act, 1956...

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Category : Corporate Laws | Comments : 0 | Hits : 323

Clarification on applicability of provisions of Section 108A to 108I of the Companies Act, 1956
Posted Date : 10-Jun-2011 , 04:28:40 am | Posted By: CASANSAAR

Clarification on applicability of provisions of Section 108A to 108I of the Companies Act, 1956...

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Category : Corporate Laws | Comments : 0 | Hits : 256

Process of incorporation of Companies (Form-1) and establishment of principal place of business in India by Foreign Companies (Form-44) – Procedure simplified.
Posted Date : 10-Jun-2011 , 02:43:42 am | Posted By: CASANSAAR

General Circular No. 6/2011 F.No. 17/56/2011-CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan Dr. R.P. Road, New Delhi-110001 Dated 8th March, 2011 To All Regional Directors All Registrar of Companies All Official Liquidators Sub: Process of incorporation of Companies ( Form-1) and establishment of principal place of business in India by Foreign Companies ( Form-44) – Procedure simplified. Sir, I am directed to inform that ...

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Category : Corporate Laws | Comments : 0 | Hits : 345

Clarification on applicability of provisions of Section 108A to 108I of the Companies Act, 1956
Posted Date : 10-Jun-2011 , 02:26:50 am | Posted By: CASANSAAR

Clarification on applicability of provisions of Section 108A to 108I of the Companies Act, 1956...

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Category : Corporate Laws | Comments : 0 | Hits : 252

Payment of MCA fees - electronic mode-regarding.
Posted Date : 10-Jun-2011 , 02:25:38 am | Posted By: CASANSAAR

Payment of MCA fees - electronic mode-regarding....

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Category : Corporate Laws | Comments : 0 | Hits : 383

Green Initiative in the Corporate Governance- Approval of Ministry of Corporate Affairs for appointment of agency for providing electronic platform for electronic voting under the Companies Act,1956.
Posted Date : 10-Jun-2011 , 02:24:25 am | Posted By: CASANSAAR

Green Initiative in the Corporate Governance- Approval of Ministry of Corporate Affairs for appointment of agency for providing electronic platform for electronic voting under the Companies Act,1956. Click Here...

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Category : Corporate Laws | Comments : 0 | Hits : 275

E-Form No.32- Intimation to ROC regarding particulars of appointment of Directors etc and changes therein in the company pursuant to section 303(2) of the Companies Act,1956- filing of conflicting return by contesting parties.
Posted Date : 10-Jun-2011 , 02:19:36 am | Posted By: CASANSAAR

E-Form No.32- Intimation to ROC regarding particulars of appointment of Directors etc and changes therein in the company pursuant to section 303(2) of the Companies Act,1956- filing of conflicting return by contesting parties. Click Here...

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Category : Corporate Laws | Comments : 0 | Hits : 1413

Simplification of DIN rules
Posted Date : 09-Jun-2011 , 11:02:33 pm | Posted By: CASANSAAR

General Circular No.5/2011 F.No.2/1/2011 CL.V Government of India Ministry of Corporate Affairs, Shastri Bhawan, 5th Floor, ‘A’ Wing, Dr.Rajendra Prasad Road New Delhi. Dated : 04.03.2011 To All Regional Directors, All Registrars of Companies, All Official Liquidators. SUBJECT ; DIN PROCESS – SIMPLIFIED – REG. Sir, I am directed to inform that the Ministry’s has re-examined the process of allotment of Directors Identification Number (DIN) to ...

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Category : Corporate Laws | Comments : 0 | Hits : 384

Certification of e-forms under the Companies Act,1956 by the Practicing professionals
Posted Date : 09-Jun-2011 , 10:56:03 pm | Posted By: CASANSAAR

No 17/102/2011 CL-V Circular 14/2011 Government of India Ministry of Corporate Affairs 5th floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi Dated: 08.04.2011 To All the Regional Directors, All the Registrar of Companies/ Official Liquidators Subject:- Certification of e-forms under the Companies Act,1956 by the Practicing professionals Ministry of Corporate Affairs has been steadily progressing towards total electronic filing and approval regim...

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Category : Corporate Laws | Comments : 0 | Hits : 294

Prosecution of Directors
Posted Date : 09-Jun-2011 , 08:00:11 pm | Posted By: CASANSAAR

General Circular No. 08/2011 No.2/13/2003/CL- V Government of India Ministry of Corporate Affairs 5th Floor, Shastri Bhavan, Dr. Rajendra Prasad Road, New Delhi-110001, Dated the 25th March, 2011 To, All Regional Directors, All Registrars of Companies, All Official Liquidators. Sub: Prosecution of Directors – Regarding Sir, Penal actions for defaults committed under the Companies Act, 1956 are either to be taken against an “officer in default” or a “...

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