Blog
SEBI further streamlines the processing of draft schemes filed with Stock Exchange
It has been decided to further streamline the processing of draft schemes filed with the stock exchanges, and make certain amendments to the...
Relaxation to Resident Director – COVID-19 Outbreak
In continuation to the relaxation provided in General Circular 11/2020 dated March 24, 2020, MCA has clarified that the non-compliance of...
Amendments in prospects and allotment rules
MCA has amended Companies Prospectus & Allotment Rules by adding a proviso stating that in case of offer/invitation of ANY SECURITIES to...
SPICE+ Application – Profession Tax Registration
For companies proposed to be incorporated in the State of Karnataka, Professional Tax registration is mandatory in SPICE+ application. ...
Further Extension of time limit for Independent Director Registration in the IICA Databank
For the registration of existing Independent Directors in the IICA databank, the due date has been further extended for three months i.e....
Extension in various schemes/benefits by MCA
MCA has extended the last date for the following benefits till December 31, 2020: • Companies Fresh Start Scheme, 2020 • LLP Settlement...
Extension for last date of filing CRA-4 for the FY 2019-20
Cost Auditor may submit his report to the Board of Directors for the FY 2019-20 by November 30, 2020. Consequently, the Company is required to file...
Companies (Acceptance of Deposits) Amendment Rules, 2020
A start-up company may issue convertible notes (convertible into equity shares or repayable within a period not exceeding ‘ten years’ instead of...
Companies (Management & Administration) Amendment Rules, 2020
A new proviso has been inserted in Rule 12(1), that a company shall not be required to attach the extract of annual return, i.e. Form MGT-9, with...
Amendment in Schedule VII of the Companies Act, 2013
In Schedule VII, item (ix) shall be substituted with the new clause that contribution to incubators or research and development projects in the...