Company & LLP Law

LLP Settlement Scheme 2020 – Amnesty Scheme for LLPs

Ministry of Corporate Affairs (MCA) vide general circular number 6/2020, introduced LLP Settlement Scheme 2020. This amnesty scheme allowed all LLPs to file pending Form-3, Form-4, Form-8 and Form-11 on additional fee of Rs 10/- per day subject to maximum of Rs 5000/- additional fee per form.

Nidhi Rules, 2014

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 31st March, 2014 G.S.R. 258(E).—In exercise of the powers conferred under sub-section (1) of Section 406 read with subsections (1) and (2) of 469 of the Companies Act, 2013, the Central Government…

Nidhi (Second Amendment) Rules, 2020

MCA notified Nidhi Second Amendment Rules 2020. This rules will further amend earlier notified Nidhi Rules, 2014.

CARO 2020 – Companies (Auditor’s Report) Order, 2020

MCA has notified Companies Auditors Report Order 2020 (CARO 2020). CARO 2020 will amend the Companies Auditors Report Order 2016.

Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2020

MCA notified companies compromises, arrangements and amalgamations rules, 2020. This rules are notified to further amend companies compromises, arrangements and amalgamations rules, 2016.

MCA notified sub section 11 and 12 of section 230 of companies act 2013

MCA notified sub section 11 and 12 of section 230 of companies act 2013. These sub section will come into force from 03.02.2020.

National Company Law Tribunal (Amendment) Rules, 2020

MCA has notified NCLT amendment rules 2020. These rules insert section 80A and amend section 230 and are further amending National Company Law Tribunal Rules 2016 (NCLT Rules 2016).

New company registration procedure – SPICe+

MCA notified SPICe+ under EODB initiative. SPICe+ will offer 10 services in single form like company registration, PAN, TAN, GSTN registration and opening of bank account.

MCA extends due date for filing Cost Audit Report (CRA-4)

MCA extends the due date for filing Cost Audit Report (CRA-4) for FY 2018-19 till 29.02.2020. Now the said cost audit report can be filed till 29.02.2020 without payment of any additional fees.

Last date for BEN-1 and BEN-2 extended by MCA

MCA has extends the last date of filing of Form No.BEN-2 and BEN-1 under the Companies Act 2013 without any additional fees.