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kashif ali
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Practising Company Secretary in Delhi
Practising Company Secretary in Delhi

340 followers
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Big relief to Private Companies

The Ministry of Corporate Affairs has relaxed  norms for private companies including those pertaining to related party transactions, acceptance of deposits and auditor appointments. The Ministry has issued much awaited notification on 5th June 2015…

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AMENDMENT IN COMPANIES (SHARE CAPITAL AND DEBENTURES) RULES, 2014

Ministry of Corporate Affairs has amended “The Companies (Share Capital and Debentures) Rules, 2014. This is second amendment in these rules. Text of amendment is as follow: In the-Companies (Share Capital and Debentures) Rules,2014, in rute 5, in…

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AMENDMENT IN COMPANIES (DECLARATION AND PAYMENT OF DIVIDEND) RULES, 2014

Ministry of Corporate Affairs has amended “The Companies (Declaration and Payment of Dividend ) Rules, 2014. This is Third amendment in these rules. In Rue 3 sub –rule (5) has been omitted through these amendments. These amendments shall come into force…

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AMENDMENT IN COMPANIES (INCORPORATION) RULES, 2014

Ministry of Corporate Affairs has amended “The Companies (Incorporation) Rules, 2014. This is second amendment in these rules. In this amendment a new proviso to Rule 12 has been inserted and new set of MOA of section 8 company has been notified. These…

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COMMENCEMENT NOTIFICATION OF ‘THE COMPANIES (AMENDMENT) ACT, 2015

Dear, Ministry of Corporate Affairs has vide its Notification dated 29th May 2015 clarified that date of commencement of provisions of section 1 to 12 and section 15 to 23 shall come into force w.e.f. 29th May 2015. You can download the said notification…

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The Companies Amendmnet Act 2015

Dear, Companies Amendment Act, 2015 has been notified in Official gazette on 26th May 2015. Highlights of the amendments are as follow: Requirement of minimum paid up capital to be done away with. Having a Common Seal is not mandatory. Section 11…

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CEILING ON SECRETARIAL AUDIT AND ANNUAL RETURN

ICSI has issued Guidelines for Issuing Secretarial Audit Report, Signing and Certification of Annual Returns. SECRETARIAL AUDIT A member of the Institute holding a valid certificate of practice shall be entitled – to sign Secretarial Audit Report(s)…

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UTILIZE OR REPAID SHARE APPLICATION MONEY BY 1ST JUNE 2015

AMENDMENT IN ‘THE COMPANIES (ACCEPTANCE OF DEPOSIT) RULES 2014 Ministry of corporate affairs, on 31st March 2015 has amended the Companies (Acceptance of Deposit) Rules 2014. Following amendments were made in these rules. (I)   in rule 2, in sub-rule  …

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Private Companies not required to repay amount received from its members, directors or their relatives

Private Companies not required to repay amount received from its members, directors or their relatives Ministry of corporate affairs, on 30th March 2015 has issued most awaited clarification. As per MCA circular No. 05/2015 “amounts received by private…
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