MCA21 system will be intermittently unavailable from Saturday, 7th July 2018 08.00 am to Saturday, 7th July 2018 6.00 pm IST due to maintenance activity.
Stakeholders are requested to plan accordingly.
142 LISTED COMPANIES FINED FOR NON-APPOINTMENT OF WOMEN DIRECTOR
As required U/s 149 of Companies Act, 2013.
New opportunities for Practicing Company Secretaries!!
SEBI has accepted the report of Kotak committee for mandatory Secretarial Audit of Listed Companies and their material Subsidiaries. Congratulations to the whole fraternity on this extended opportunity and resposibility.. #brandICSI#proudCS#opportunities
Congrats to PM Narendra Modi ji & Arun Jaitley ji for a historic breakthrough in resolving legacy issues of Banks. Lenders recovered almost entire principal loan of Bhushan Steel through Rs 36,400 cr transparent bid by Tata Steel and also got 12% stake in the company. Liquidation value of Bhushan Steel was Rs 14,541 cr but creditors received almost 4 times the amount. This was possible due to the robust and transparent Insolvency & Bankruptcy Code brought by this Government.
For the first time such a large loan resolution has been achieved through upfront payment received by Banks through sale of a company. This is a record step towards resolving the legacy of unprecedented amount…
Shell co crackdown – _Centre tightens rules on ownership disclosure of companies_
Seeking to *crack down on shell companies and create transparency* in the corporate structure, the government has come out with *stringent rules on beneficial ownership to help it track down the true owner* of a…
MCA Updates
As part of updating its registry, MCA would be conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 KYC to be notified and deployed shortly. Accordingly, every Director who…
Dear Professionals,
Please find the latest MCA updates dated 14/06/2018 Commencement Notification of sections of Companies Act, 2017 Commencement notification http://www.mca.gov.in/…/CommNotificatio1306_14062018.pdf Companies (Management and Administration) 2nd Amendment Rules, 2018. http://www.mca.gov.in/…/Company2ndAmndRule13062018… Companies (Significant Beneficial Owners) Rules, 2018. http://www.mca.gov.in/…/CompaniesSignificantBeneficial1……
Commissioner State GST, Delhi has come out with Notification No. 3 dt. 15.06.2018 to compulsorily fill e-way Bill inside Delhi for all B2B transactions above Rs. 1 lakh only.
Further, B2C transactions to end customers of any value do not require e-way bill for intra State movement in Delhi but requires to carry invoice, challan etc. Notification applicable w.e.f. 16.06.2018.