Compounding of Offences Under the Companies Act, 2013
COMPOUNDING UNDER COMPANIES ACT, 2013 The Section 441 of the Companies Act, 2013 deals with the Compounding of offence. As per Section 441(1) of the Companies Act, 2013 notwithstanding anything contained in the Code of Criminal Procedure, 1973, any offence punishable under this Act whether committed by a company or any officer thereof not being […]
Website Disclosure under Companies Act, 2013
WEBSITE DISCLOSURE The Companies Act of 2013 requires that specific information be made available on the company website. Information such the business’s name, registered office address, corporate identity number, contact details (email, phone, fax) and representative’s name in case of complaints or inquiries. Letterhead, business letters, billheads, letter sheets, official publications, and notices must all […]
UPDATE REGARDING STK-2 FORM (REMOVAL OF NAME FROM REGISTER OF COMPANIES)
UPDATE REGARDING STK-2 FORM The Ministry of Corporate Affairs is launching STK-2 form on 01st May 2023 at 12:00 AM. To facilitate implementation of this form in Version 3 MCA21 portal, stakeholders are advised to note the following points: (1) STK-2 form on Version 2 portal will be disabled from 28th April 11:59 PM to […]
MCA notification dated 17/March/2023
MCA Notification dated 17/March/2023 In exercise of the powers conferred by sub-section (1) of section 396 of the Companies Act, 2013, the Central Government hereby, establishes a Centre for Processing Accelerated Corporate Exit (hereinafter referred to as C-PACE). The C-PACE shall be located at the Indian Institute of Corporate Affairs (IICA), Plot No. 6, 7, […]
MCA General Circular No. 4/2023
GENERAL CIRCULAR NO. 04/2023 Extension of Time for filing of 45 company E-Forms, PAS-03 and SPICE+ Part A in MCA-21 Version-3 without additional fee. Due to change in way of filing in V-3 including fresh process of registration of users on MCA-21 and the process of stabilization of 45 forms launched with effect from 23.01.2023 […]
Revamp of MCA21 site
Revamp of MCA21 site – A news in the air on 20.02.2023 On 20.02.2023, the ministry of corporate affairs is going to simplify the process for corporate reporting, eliminating the need for approval by Registrars of Companies (RoCs) in most of the cases and allowing companies to fulfil their reporting obligations with an online acknowledgement. […]
MCA General Circular No. 3/2023
General Circular No.3/2023 Extension of Time for filing of 45 company e-Forms and PAS-03 in MCA 21 Version 3 without additional fee. Due to difficulties on filing on V-3 portal, forms as given in circular 1/2023, for those 45 forms further additional time of 15 day has been provided for filing of the forms without […]
RETIREMENT BY ROTATION
RETIREMENT BY ROTATION Section 152(6) of the companies act, 2013 is applicable only on public company, according to it – 2/3 of the total directors in a co. is liable to retire by rotation and those directors are called as Retiring directors, out of the retiring directors (2/3rd of Total number of directors) 1/3rd of […]
MEMORANDUM OF ASSOCIATION AND ARTICLE OF ASSOCIATION
Memorandum of Association and Article of Association A company must prepare certain preliminary documents before applying for company registration. The Memorandum of Association (MOA) and Articles of Association (AOA) are two such preliminary documents that every company must prepare. The MOA and AOA should be filed with the Registrar of the Companies (ROC) along with […]
INCORPORATING A FOREIGN COMPNAY/FOREIGN COMPANY INCORPORATING A COMPANY IN INDIA
HOW A DUBAI BASED COMPANY CAN OPEN A COMPANY IN INDIA FOREIGN COMPANY 2(42) Any entity that has been incorporated outside India, which: (a) Has a place of business in India whether by itself or through an agent, physically or through electronic mode and (b) Conduct any business activity in India in any other manner. […]
