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 … Continue reading Companies (Amendment) Act , 2019
Tag: companies amendment ordinance 2018
Changes to Charge-related Forms and Fees
The Companies (Amendment) Ordinance, 2019 (now Second Ordinance) brought in a few changes to the provisions relating to registration of charges – including removal of the option to apply for condonation of delay in case of creation and modification of charges and introduction of ad-valorem fees in certain cases of delay, besides levy of additional … Continue reading Changes to Charge-related Forms and Fees
Companies (Incorporation) Fourth Amendment Rules, 2018
The Companies (Amendment) Ordinance, 2018, promulgated on 2nd November, 2018, inter alia, provides for: Re-introduction of the provisions relating to declaration on commencement of business Shifting of power to approve conversion of public companies to private companies from NCLT to Central Government and Shifting of power to approve different financial year for certain companies from NCLT … Continue reading Companies (Incorporation) Fourth Amendment Rules, 2018
Application for conversion of public company into private company
The Companies (Amendment) Ordinance, 2018, promulgated on 2nd November, 2018, inter alia, provides for shifting of power to approve conversion of public companies to private companies from NCLT to Central Government. This was later followed by Notification dated 18th December, 2018, by which the above newly transferred power to Central Government has been delegated to … Continue reading Application for conversion of public company into private company
Declaration before Commencement of Business
The provisions relating to Declaration before Commencement of Business have been reintroduced by insertion of new Section 10A in the Companies Act, 2013. This is one of the many changes brought about by the Companies (Amendment) Ordinance, 2018, which was promulgated on 2nd November, 2018, which can be accessed here. This was later followed by Companies … Continue reading Declaration before Commencement of Business
The Compliance Office 