http://mca.gov.in/MinistryV2/annualefilingguidelines.html

MCA.GOV.IN

Ministry Of Corporate Affairs – Annual e-Filing Guidelines

Ministry of Finance has issued FAQs, on Goods And Service Tax. Mentioning the framework of the much awaited Tax Reform by uniforming the major Indirect taxes.

http://pib.nic.in/newsite/PrintRelease.aspx?relid=148240

PIB.NIC.IN

Frequently Asked Questions (FAQs) on Goods and Services Tax (GST)

GST is a single tax on the supply of goods and services, righ

Relaxation of additional fees AOC 4, Aoc 4 XBRL, AOC 4 CFS and MGT 7 to file these forms on or before 29.10.2016 where due date for holding of the AGM is on or after 01.04.2016 without payment of additional fees. www.bkacs.com

http://www.mca.gov.in/…/pdf/GeneralCircular08_30072016.pdf

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www.mca.gov.in

MCA has come with Companies Accounts Amendment Rules by notification dated 27.07.2016, effecting Consolidation of Accounts and AOC 1.

And designation of Special Court for the purpose of speedy trial of offences punishable under Companies Act, 2013.

http://www.mca.gov.in/…/CompaniesAccountsAmendmentRules…

http://www.mca.gov.in/…/designationofSpecialCourt…

www.bkacs.com

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MCA has come with Company (Incorporation) Third Amendment Rules by notification dated 27.07.2016

http://www.mca.gov.in/…/CompaniesThridAmendementRules…

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http://mca.gov.in/Ministry/pdf/Rules_22072016_1.pdf

http://mca.gov.in/Ministry/pdf/Rules_22072016.pdf

Website of NCLT has started functioning, u can find all the details at www.nclt.gov.in including listing of cases before all benches n all other information

(i)Now shares with differential rights can be issued after 5 years once the various defaults like non-payment of dividend/ interest etc made good

(ii) Start ups can issue sweat equity upto 50% of paid-up share capital upto 5 years from date of registration as start-ups

(iii)Start ups can issue ESOP to its promoters also upto 5 years

(iv)Now at preferential offer shares can be issued as partly paid-up shares as well.

(v)Now at preferential offer shares, convertible securities can be issued with an an option of fixing the conversion price at front (at time of issue) or fixing the price 30 days in advance to date of conversion based on a valuation report (not older than 60 days)

(vi)Now SH-7 can be used for filing of increase of members in case of company not having share capital

(vii) Now company issuing secured debenture can create charge on either its assets or assets of holding company or subsidiary company or associate company.

http://www.mca.gov.in/Ministry/pdf/Rules_19072016.pdf

*Companies (Removal of Difficulties) Third Order 2016*

_Effective from 01/04/2014_

Time period to comply with rotation changed in a logical manner.

Instead of 3 years, time period given till 1st AGM held after 3 years.

http://www.mca.gov.in/Ministry/pdf/ROD_Third_Order_2016.pdf

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*Companies (Appointment & Remuneration of Managerial Personnel) Amendment Rules 2016*

_*A.*_ *MR-1 not required to be filed for CEO, CS, CFO.*

_*B.*_ disclosure relating to Directors and employees getting remuneration reduced.

Disclosure of employees whose salary is Rs. 1.02 crore p.a. / 8.5 lac p.m. to be made _(instead of 60 lac p.a. / 5 lac )

http://www.mca.gov.in/Min…/pdf/AmendmentRules_01072016.pdf

3. Deposit Rules Amended.

http://www.mca.gov.in/Ministry/pdf/Rules_30062016.pdf

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