Statutory Boost

MCA on 1st Feb, 2022 announced that they are launching a new way of e-filing for LLP on MCA21 portal. All LLP filings going forward will be web based.  This application is proposed to be launched on 06th Mar 2022 at 12:00 AM .  They also announced the following :  LLP e-Filings on MCA21 portal will be disabled from 25th Feb 2022 12:00 AM. All stakeholders are advised to ensure that there are no SRNs in pending payment status.  Offline payments for LLP using Bank Challan and Pay later option would be stopped from 19th Feb 2022 12:00 AM . Please note that during 19th Feb 2022 12:00 AM to 25th Feb 2022 12:00 AM, payments for LLP will be accepted only through online mode (Credit/Debit Card and Net Banking). DSC association and new user registration on MCA21 portal will be stopped on 25th Feb 2022 12:00 AM . These services will resume in new application with LLP launch.  There will not any interruption in filling of Company forms." Feel free  to contact in case ...

Ministry of Corporate Affairs vide  Circular No. 17/2021 dated 29th October, 2021 has decided that No Additional fees shall be levied of filing Form AOC-4, AOC-4 (CFS), AOC-4, AOC-4 XBRL, AOC-4 Non-XBRL and MGT -7 / MGT-7A for the Financial Year ended on 31st March, 2021 upto 31st December, 2021. Only normal fees shall be payable on filing above mentioned forms upto 31st December, 2021. Feel free  to contact in case of any query or consultation.                  +91-7417634371     kuldeepdiggiwal@gmail.com

The Ministry of Corporate Affairs via  Circular No. 16/2021 dated 26th October, 2021 has provided relaxations in paying additional fees in case of delay in filing Form 8 (the Statement of Account and Solvency) by Limited Liability Partnerships. LLPs are now allowed to file Form 8 (the Statement of Account and Solvency) for the Financial Year 2020-2021 without paying additional fees upto 30th December, 2021 . Feel free  to contact in case of any query or consultation.                  +91-7417634371     kuldeepdiggiwal@gmail.com

The Ministry of Corporate Affairs on 14th October 2021 has revised e-form MGT-7A and revised e-form MGT-7 in line with the Companies (Management and Administration) Amendment Rules, 2021 . The forms shall be available for filing under MCA-21 Company forms w.e.f. 14th October, 2021 . Stakeholders are advised to check the latest version before filing. Earlier all the companies (public/ private/ OPC) were required to file annual return in Form No. MGT-7. However, Ministry of Corporate Affairs (MCA) on 5th March 2021 amended Companies (Management and Administration) Rules, 2014 and issued Companies (Management and Administration) Amendment Rules, 2021. According to the amended rules, every company shall file its annual return in Form No. MGT-7 except one person Company (OPC) and small company. A new Form No. MGT-7A has been prescribed in respect of annual return of OPC and small companies. Feel free  to contact in case of any query or consultation.         ...

The Ministry of Corporate Affairs via  General Circular No. 15/2021 dated 27th September 2021 has decided to extend the last date of filing of the Cost Audit Report to the Board of Directors under Rule 6(5) of the Companies (Cost Records and Audit) Rules, 2014. As per rule 6(5) , Every cost auditor shall forward his duly signed report to the Board of Directors of the company within a period of 180 days from the closure of the financial year to which the report relates and the Board of Directors shall consider and examine such report, particularly any reservation or qualification contained therein. However, due to the extraordinary disruption caused by the pandemic, it has been decided that if a cost-audit report for the financial year 2020-21 by the cost auditor to the Board of Directors of the companies is submitted by 31st October 2021 then the same would not be viewed as a violation of rule 6(5) of Companies (cost records and audit) Rules, 2014. Consequently, the Cost Audit re...

MCA via Office Memorandum dated 23rd September 2021 has advised Registrar of Companies to accord approval of extension of due date for conducting AGMs for the Financial Year 2020-21 by the companies by a period of two months i.e. upto 30th November 2021. For official document, click  here. Feel free  to contact in case of any query or consultation.                  +91-7417634371     kuldeepdiggiwal@gmail.com  

The Ministry of Corporate Affairs (MCA) has notified the  Companies (Incorporation) Fifth Amendment Rules, 2021 to insert a new rule 33A relating to the allotment of a new name to the existing Company under section 16(3) of the Companies Act, 2013.  As per the new rule, in case a company fails to change its name or new name, in accordance with the direction issued under section 16(1) of the Act within a period of three months from the date of issue of such direction, the letters “ORDNC” (which is an abbreviation of the words “Order of Regional Director Not Complied”) , the year of passing of the direction, the serial number and the existing Corporate Identity Number (CIN) of the company shall become the new name of the company without any further act or deed by the company, and the Registrar shall accordingly make entry of the new name in the register of companies and issue a fresh certificate of incorporation in Form No.INC-11C. However, the above shall not be applicable in ...

MCA through update informed that  New e-form MGT-7A and revised e-form MGT-7 in line with the Companies (Management and Administration) Amendment Rules, 2021 is now available for filing under MCA21 Company forms download page . Stakeholders are advised to check the latest version before filing. Feel free to contact in case of any query or consultation.                  +91-7417634371     kuldeepdiggiwal@gmail.com

LIST OF FORMS ON WHICH EXTENSION WAS PROVIDED ON 30TH JUNE 2021 In General Circular no 11/2021 and 12/2021 dated 30th June 2021 issued by the Ministry of Corporate affairs, certain forms were listed out which were covered under the relaxation provided to Companies and LLPs in respect of filing of forms without payment of any additional fees where it has been due for filing for a specified period of time, the Ministry has clarified and listed out 57 forms , which are tabulated as under : Sr. No. Form Description 1. Form AOC-4 Form for filing financial statement and other documents with the Registrar 2. Form AOC-4 NBFC Form for filing financial statement and other documents with the Registrar for NBFCs 3. Form AOC-4 XBRL Form for filing XBRL document in respect of financial statement and other documents with the Registrar 4. Form MGT-7 ...