SEBI Relief Measures for Issuers

SEBI has issued various circulars in this pandemic situation to offer respite for the corporates. A compendium of the most important circulars can be found at this link: SEBI Relief Measures  

Companies Fresh Start Scheme, 2020 and LLP Settlement Scheme, 2020

PDF version of the following is available at: CFSS and LLPSS Companies Fresh Start Scheme, 2020 Introduction MCA has come up with the Companies Fresh Start Scheme, 2020 (“CFSS, 2020” or “the Scheme”) to give a bundle of benefits to corporates who have forms pending to be filed vide Circular dated 30th March, 2020. This …

Companies (Amendment) Act , 2019

The Companies (Amendment) Act, 2019 replaces the Companies (Second Amendment) Ordinance, 2019 and also introduces some new changes. Some of the amendments brought in the Ordinance (which took effect from 02.11.2018) were reducing burden on NCLT by transferring powers under Section 2(41) and Section 14 to the Central Government, reducing burden on Special Courts by …

Companies (Incorporation) Amendment Rules, 2020 – SPICE+ and AGILE PRO – 18.02.2020

SPICE+ and AGILE PRO These Amendment Rules shall come into force from 23.02.2020 and are available here: https://www.mca.gov.in/Ministry/pdf/rule_22022020.pdf The salient features of the Rules are as follows: SPICE+ (Simplified Proforma for Incorporating Company Electronically Plus: INC-32), and AGILE PRO (Application for Goods and services tax Identification number, employees state Insurance corporation registration pLus Employees provident …

Legal Updates Digest December 2019

MCA Notifications and Circulars Extension of last date for Forms BEN-1 and BEN-2 MCA has extended the last date for filing Form BEN-2 upto 31.03.2020 vide General Circular No. 1/2020 dated 01.01.2020, which is available at: https://www.mca.gov.in/Ministry/pdf/Circular1_01012020.pdf. The last date for Form BEN-1 shall be construed accordingly. Extension of last date for filing Form CRA-4 …