The Ministry of Corporate Affairs (MCA) has notified the Companies (Accounts) Amendment Rules, 2025, officially extending the deadline for filing financial statements from March 31, 2025, to June 30, 2025. This amendment was published via G.S.R. 317(E) in the Gazette of India on May 19, 2025. The …
On September 24, 2024, the Ministry of Corporate Affairs (MCA) issued Notification No. G.S.R. 587(E), introducing significant amendments through the Companies (Accounts) Amendment Rules, 2024. These amendments are aimed at streamlining corporate governance and enhancing transparency in the filing and maintenance of company accounts. In exercise of …
In a major relief for producer companies, the Ministry of Corporate Affairs (MCA) has extended the compliance deadline for mandatory dematerialisation of existing shares. Originally set for September 30, 2024, the deadline has now been pushed to March 2028, giving these companies an additional five years …
On September 18, 2024, the Ministry of Corporate Affairs (MCA) issued Notification No. G.S.R. 577(E), amending the National Financial Reporting Authority (NFRA) (Manner of Appointment and other Terms and Conditions of Service of Chairperson and Members) Rules, 2018. This amendment introduces significant changes regarding the remuneration …
Important Advisory by MCA Kind attention: All eligible companies are requested to file e-form CSR-2 for the financial year 2022-23 on or before due date i.e. 31.03.2024 to avoid penal action by the Ministry of Corporate Affairs. Please ignore, if already filed. All eligible companies are requested to …
The Ministry of Corporate Affairs (MCA) has taken a significant step towards bolstering India’s competition regulatory framework with the enforcement of Section 33 of the Competition (Amendment) Act, 2023. Through Notification No. S.O. 740 (E) dated February 19, 2024, the MCA has officially announced the commencement …
MCA operationalises Central Processing Centre (CPC) for Centralised Processing of Corporate Filings 12 forms/applications will be processed at CPC from 16.02.2024; followed by other forms from 01.04.2024 onward CPC will process applications in time-bound and faceless manner on the lines of Central Registration Centre (CRC) and …
The Corporate Affairs Ministry (MCA) had struck off as many as 29,059 non-compliant companies in FY21 and FY22, Lok Sabha was informed on Monday. Replying to an unstarred question, Rao Inderjit Singh, Minister of State for Corporate Affairs said that against this 3,21,325 new companies were incorporated during …
1. The broad framework of CSR has been provided in Section 135 of the Companies Act, 2013 (hereinafter referred to as ‘the Act), Schedule VII of the Act and Companies (CSR Policy) Rules, 2014 (hereinafter referred to as ‘the CSR Rules’). Further, Ministry had also issued …
The Ministry of Corporate Affairs (MCA) notified the Producer Companies Rules, 2021. The provisions of the new rules shall apply to a Producer Company as referred in clause (l) of section 378A of the Companies Act, 2013 As regards the change of place of registered office …
