Posts In: CORP

Key Highlights of the Non-Fiscal Amendments contemplated under the Finance (No. 2) Bill of 2019

July 12, 2019 CORP, Industries, states 0

The Finance (No. 2) Bill 2019 introduced before the Lok Sabha has proposed Amendments to the following Enactments – Reserve Bank of India Act, 1934 Insurance...

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Now, Related party transactions relating to brand usage / royalty will be considered material only if it exceeds 5% of the annual consolidated turnover of listed entity; effective 27th June, 2019

July 3, 2019 CORP, Industries, states 0

The Securities and Exchange Board of India, in a notification dated 27th June, 2019 released the Securities and Exchange Board of India (Listing Obligations and Disclosure...

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Asset Reconstruction Companies are now permitted to acquire financial assets from other ARCs, subject to complying with certain conditions

July 3, 2019 CORP, Industries, states 0

In a notification dated 28th June 2019, Reserve Bank of India has permitted Registered Asset Reconstruction Companies (ARCs) to acquire financial assets from other ARCs, subject...

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MCA revises Form BEN-2; Now, details of members through whom indirect holding or right in reporting company is being exercised by each SBO will need to be reported effective 1.07.2019

July 3, 2019 CORP, Industries, states 0

The Ministry of Corporate Affairs (“MCA”) issued a revised version of the Form BEN-2 (Return to the Registrar in respect of declaration under section 90), by introducing the Companies (Significant Beneficial...

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MCA clarifies on filing e-form DIR-3 KYC; says amendments extending time to complete KYC / web based service is underway; stakeholders must file according to the revised notification

June 29, 2019 CORP, Industries, states 0

The Ministry of Corporate Affairs (“MCA”) has, in a General Circular dated 27th June, 2019 issued information regarding filing of e-form DIR-3 KYC under Rule 12A...

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Don’t miss it: Today is the last date for filing the One-Time Return of Deposits (Form DPT-3), Go ahead and file it if you have not already!

June 29, 2019 CORP, Industries, states 0

This is a quick update to inform you that the last date for filing one time return under Form DPT-3 for the period of April 1,...

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RBI launches new Complaint Management System to enable members of public to file complaints online against entities regulated by it

June 27, 2019 BFSI, BOCW, CORP, EHS, EXIM, Fiscal, FOREX, Industries, LAB, OPS, states 0

In a recent Press Release dated 24th June, 2019, the Reserve Bank of India (“RBI”), has informed about the launch of its Complaint Management System (“CMS”) i.e....

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ICAI reiterates clarification issued by MCA on Auditor’s Certificate on Return of Deposits which is required to be enclosed in Form DPT 3

June 27, 2019 CORP, Industries, states 0

In a notification dated 22nd January, 2019 issued earlier this year, the Ministry of Corporate Affairs (“MCA”) has issued the Companies (Acceptance of Deposits) Amendment Rules, 2019 (“Amended Rules”)....

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MCA completes the activity of Tagging Non-compliant Companies/Directors for not filing e-form ACTIVE; informs that e-Form ACTIVE is now available for filing

June 25, 2019 CORP, Industries, states 0

As informed earlier, the Ministry of Corporate Affairs (“MCA”) was in the process of tagging non-compliant Companies / Directors for not filing e- Form Active (INC-22A)...

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MCA temporarily suspends e-filing of Form INC 22-A (ACTIVE); says it will be restored soon for filing purposes with fee as indicated under the Rules once the Tagging activity is complete

June 19, 2019 CORP, Industries, states 0

In the News & Important Updates, the Ministry of Corporate Affairs (MCA)  has informed that the Tagging of non-compliant Companies/Directors for not filing e- Form Active(INC-22A) is...

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