Government of India Ministry of Corporate Affairs Notification New Delhi, dated, the 06thAugust, 2014 G.S.R. (E).-In exercise of the powers conferred bysub-section (1) of section 467of theCompanies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendments inSchedule VIIof the saidAct, namely:- (1) InSchedule VII, after item (x), the following item and entry shall be inserted, namely:- "(xi) slum area development. Explanation.- For the purposes of...

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General Circular No. 33/2014 F. No.1/33/ 13-CL-V Government of India Ministrv of Corporate Alfairs 5th Floor, A Wing, Shastri Bhavan, Dr R.P. Road, New Delhi Dated: 3lst Julv. 2014 To All Regional Directors, All Registrars of Companies. Subject: Clarillcation with regard to applicability of provisions of sectio!13915) and 139(71 of the Compani€s Act, 2013. Doubts have been raised about applicability oi sectioDs 139{5) and 139(7)of the Companies Act, 2013 (New Act), which de...

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GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, dated 25thJuly, 2014 S.O.---(E).- In exercise of the powers conferred by the second proviso tosub-section (1) of section 203of theCompanies Act, 2013 (18 of 2013),the Central Government hereby notifies that public companies having paid-up share capital of rupees one hundred crore or more and annual turnover of rupees one thousand crore or more which are engaged in multiple businesses and have appointed Chief Executiv...

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GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 24/07/2014 S.O. (E)-Whereas theCompanies Act, 2013 (18 of 2013)(hereinafter referred to as the said Act) received the assent of the President on 29th August, 2013 and section 1 thereof came into force on the same date; And whereasclause (76) of section 2of theAct, which provides for definition of the term "related party" has come into force on 12th September, 2013; And whereas difficulties have arisen in interpret...

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General Circular No. 32/2014 No. 1/25/13-CL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi. Dated: - 23rdJuly, 2014 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarification on transitional period for resolutions passed Under theCompanies Act, 1956. Sir, It has been brought to the notice of the Government that many companies have passed resolutions during financial year 2013-14 un...

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CIRCULARNO.1-2014 File No. 10/54/2014-CLB COMPANY LAW BOARD GOVERNMENT OF INDIA 3rd Floor, B-Block Paryavaran Bhawan C. G. O. Complex; Lodhi Road New Delhi-110003 Dated: 22.07.2014 Sub: Clarification on Section 58A(9) and Section 58AA of the Companies Act, 1956 - Reg. On the commencement of sub-section (2) of section 74 of the Companies Act, 2013 w.e.f. 06.06.2014, the corresponding sections namely 58A (9) and 58AA of the Companies Act, 1956 ceased to have effect. Benches of the...

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General Circular No. 31/2014 F. No. MCA21/152/2014-eGov Cell Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi Dated: 19th July, 2014 To All Regional Directors, All Registrars of Companies. Subject: Extension of validity of reserved names - reg. Sir, The Service Provider of MCA-21 has brought to the notice of the Ministry that the letters of intimation issued in respect of 9522 cases for reservation of names (INC-1...

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General Circular No. 30/2014 No. 1/32/2013- CL-V (Pt) GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS 5thFloor, A Wing Shastri Bhavan, Dr. R.P. Road, New Delhi Dated: 17thJuly 2014 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarifications on matters relating to Related Party Transactions. Sir, Government has received representations from stakeholders seeking certain clarifications on related party transactions covered undersection ...

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MCA Clarification on form MGT-14 through STP mode. MGT - 14. All cases except for change of Name, change of object,resolution for further issue of capital and conversion of companies will be STP Mode.General Circular No. 28/2014, dated 09/07/2014...

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[To be published in the Gazette of India, Extraordinary, Part II, section 3, Sub-section (ii)] Government of India Ministry of Corporate Affairs Notification New Delhi, 30th June, 2014 G.S.R.__(E) -Inexerciseof the powers conferred bysub-sections (1) and (2) of section 469andsection 148of theCompanies Act, 2013 (18 of 2013)and in supersession of Companies (Cost Accounting Records) Rules, 2011; Companies (Cost Audit Report) Rules, 2011; Cost Accounting Records (Telecommunication Industry) R...

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This Ministry has received reference regarding filing of Form DPT4 under the provisions of theCompanies Act, 2013. As per section 74(1)(a) of the Companies Act, 2013and the companies (Acceptanceof Deposits) Rules, 2014 made there under, companies are required to file a statement regarding depositsexisting as on date of commencement of the Act within a period of 3 months from such commencement.The time for filing of said statement is expiring on 30-06-2014. 2. After considering the reference, ...

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General Circular no. 25/2014 No: 1/ 22/13 -CL-V Government of India Ministry of Corporate Affairs 5thFloor, A Wing, Shastri Bhawan Dr. R. P. Road, New Delhi Dated: 26thJune, 2014 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarification on applicability of requirement for resident director. Sir, Section 149(3)of theCompanies Act, 2013 (Act)requires every company to have at least one director who has stayed in India for a total period ...

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General Circular no. 24/2014 F. N: 01/ 13/2013 -CL-V Government of India Ministry of Corporate Affairs ‘A' Wing, 5thFloor, Shastri Bhawan Dr. Rajendra Prasad Road, New Delhi-110001 Date: 25.06.2014 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject : Clarification with regard to holding of shares in a fiduciary capacity by associate company under section 2(6) of the Companies Act, 2013. Sir, In continuation of theGeneral circular No. 20/2...

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General Circular no. 23/2014 F. N: 1/ 13/2013 -CL-V Government of India Ministry of Corporate Affairs ‘A' Wing, 5thFloor, Shastri Bhawan Dr. R.P. Road, New Delhi-110001 Date: 25.06.2014 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarification relating to incorporation of a company i.e. company Incorporated outside India. Sir, Government has received references seeking clarity about the status of subsidiaries incorporated/to be in...

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General Circular No. 22/2014 No. 1/ 34 /2013-CL-V (Part-I) Government of India Ministry of Corporate Affairs 5thFloor, A Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi. Dated : 25thJune. 2014 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarification with regard to format of annual return applicable for Financial Year 2013-14 and fees to be charged by companies for allowing inspection of records. Sir, Government has received requests for...

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RBI/ 2013-14/650A .P. (DIR Series) Circular No. 148 June 20, 2014 To All Category - I Authorised Dealer banks Madam / Sir, Risk Management and Inter-bank Dealings: Guidelines relating to participation of Foreign Portfolio Investors (FPIs) in the Exchange Traded Currency Derivatives (ETCD) market Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations,...

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RBI/2013-14/649A .P. (DIR Series) Circular No. 147 June 20, 2014 ToAll Category - I Authorised Dealer banks Madam / Sir, Risk Management and Inter-bank Dealings: Guidelines relating to participation of Residents in the Exchange Traded Currency Derivatives (ETCD) market Attention of Authorized Dealers Category – I (AD Category – I) banks is invited to the Foreign Exchange Management (Foreign Exchange Derivative Contracts) Regulations, 2000 dated May 3, 2000 (Notificatio...

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General Circular No. 21/2014, Dated: 18th June, 2014 Subject: – Clarifications with regard to provisions of Corporate Social Responsibility under section 135 of the Companies Act, 2013. This Ministry has received several references and representation from stakeholders seeking clarifications on the provisions under Section 135 of the Companies Act, 2013 (herein after referred as ‘the Act’) and the Companies (Corporate Social Responsibility Policy) Rules, 2014, as well as ac...

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General Circular No. 20/2O14 No. 1/34/2013-cL-V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan Dr R.P. Road, New Delhi Dated 17th June, 2014 Section 108 of tlle Companies Act, 2013 read with rule 20 of the Companies (Management and Administration) Rules, 2014 deal with theexercise of right to vote by members by electronic means (e-means), The provisions seek to ensure wider shareholders participation in the decisionmaking process in companies. Corpor...

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COMPANIES (DECLARATION AND PAYMENT OF DIVIDEND) AMENDMENT RULES, 2014 - AMENDMENT IN RULE 3 NOTIFICATION NO. GSR 397(E) [F.NO.1/31/2013-CL-V],DATED 12-6-2014 In exercise of the powers conferred under sub-section (1) of section 123 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules to amend the Companies (Declaration and Payment of Dividend) Rules, 2014, namely:— 1.(1) These rules may be called the Companies (Declaration...

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SECTION 448 OF THE COMPANIES ACT, 1956 - APPOINTMENT OF OFFICIAL LIQUIDATOR - ESTABLISHMENT OF OFFICE OF OFFICIAL LIQUIDATOR AT HYDERABAD FOR DISCHARGING FUNCTIONS OF OFFICIAL LIQUIDATOR IN WHOLE STATE OF TELENGANA NOTIFICATION NO. S.O. 1524(E) [F. NO. 7/4/2014-CL.I(A)],DATED 13-6-2014 In exercise of powers conferred by section 448 of the Companies Act, 1956 (1 of 1956), the Central Government hereby establish the office of the Official Liquidator at Hyderabad having territorial jurisdiction f...

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SECTION 396 OF THE COMPANIES ACT, 2013 - REGISTRATION OFFICES - ESTABLISHMENT OF OFFICE OF REGISTRAR OF COMPANIES AT HYDERABAD HAVING TERRITORIAL JURISDICTION IN WHOLE STATE OF TELENGANA NOTIFICATION NO. S.O. 1525(E) [F. NO. 7/4/2014-CL.I(B)],DATED 13-6-2014 In exercise of powers conferred by sub-section (1) and sub-section (2) of section 396 of the Companies Act, 2013 (18 of 2013), the Central Government hereby establish the office of the Registrar of Companies at Hyderabad having territorial...

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[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i)] Government of India Ministry of Corporate Affairs NOTIFICATION New Delhi, the 12 June, 2014 G.S.R -In exercise of the powers conferred undersections 173,175,177,178,179,184,185,186,187,188,189andsection 191read withsection 469of theCompanies Act, 2013(18 of 2013), the Central Government hereby makes the following rules to amend theCompanies (Meetings and Powers of Board) Rules, 2014, namely:- ...

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General Circular No. 19/2014 No. 1/4/2013-CL-V Government of India Ministry of Corporate Affairs 5thFloor, ‘A' Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi Dated 12thJune, 2014 To All Regional Directors, All Registrars of Companies, All Stakeholders. Subject: Clarifications on Rules prescribed under the Companies Act, 2013 - Matters relating to share capital and debentures- reg. Sir, Government has received representations from Industry Chambers, Professional Insti...

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General Circular No. 18 File No. MCA 21/72/2014 -e.Gov. Government of India Ministry of Corporate Affairs ‘A’ Wing, 5thfloor, Shastri Bhawan Dr. Rajendra Prasad, New Delhi-110001 Dated: 11 June, 2014 To All Regional Directors All Registrars of Companies All Stakeholders Subject:- Clarification for filing of form No. INC-27 for conversion of company from public to private under the provisions of Companies Act, 2013-reg. Sir, Attention of the Ministry has been dr...

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General Circular No. 17 No. MCA 21/72/2014 -e. Gov. Government of India Ministry of Corporate Affairs ‘A’ Wing, 5thfloor, Shastri Bhawan Dr. Rajendra Prasad, New Delhi-110001 Dated: 11 June, 2014 To All Regional Directors All Registrars of Companies All Stakeholders Subject:- Filling of MGT-10- clarification-regarding. Sir, In continuation ofGeneral Circular No. 06/2014 dated 29.03.2014and 09/2014 dated 25.04.2014, I am directed to inform you that stakeholders...

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General Circular No. 16/2014, Dated: 10.06.2014 Sub: Applicability of PAN requirement for Foreign Nationals In continuation of theGeneral Circular No. 12/2014 dated 22.05.2014regards the above subject, it is clarified that theprovisionsof the saidCircularare applicable to a Foreign National who is a subscriber/ promoter at the time ofincorporationof the Company. 2. In case the said subscriber/promoter, does not possess PermanentAccount Number(PAN), he/she shall furnish a declaration in...

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MINISTRY OF CORPORATE AFFAIRS ORDER New Delhi, the 6th June, 2014 S.O. 1460(E).— In exercise of the powers conferred by sub-section (1) of Section 470 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following Order, namely:— 1. (1) This Order may be called the Companies (Removal of Difficulties) Fourth Order, 2014. (2) It shall come into force from the date of notification in the Official Gazztte. 2. Jurisdiction, powers, authority and...

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MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 6th June, 2014 S.O. 1459(E).— In exercise of the powers conferred by sub-section (3) of Section 1 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 6th day of June, 2014 as the date on which the provisions of sub-sections (2) and (3) of Section 74 of the said Act shall come into force. [F. No. 1/8/2013-CL-V ] AMARDEEP SINGH BHATIA, Jt.Secy....

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MINISTRY OFCORPORATE AFFAIRS NOTIFICATION New Delhi, the 6th June, 2014 G.S.R. 386(E).—In exercise of the powers conferred by Sections 73 and 76 read with sub-section (1) of Section 469 ofthe CompaniesAct, 2013 (18 of 2013), the Central Government hereby makes the following rules to amend the Companies (Acceptance of Deposits) Rules, 2014, namely:- 1. (1) These rules may be called the Companies (Acceptance of Deposits) Amendment Rules, 2014. (2) They shall come into force fromthe ...

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