Companies Act, 2013

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Companies Act, 2013


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Latest Update: MCA has issued a general circular 09/2023 dated 25th September 2023 regarding the extension of the timeline of Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) through Video Conference or Other Audio Visual Means (OAVM) and passing of ordinary and special resolution by the companies under the Companies Act, 2013…

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MCA: The Ministry of Corporate Affairs (MCA) has issued condonation of delay in filing Form-3, Form-4, and Form-11 under section 67 of Limited Liability Partnership Act, 2008 read with Section 460 of the Companies Act, 2013 via circular 08/2023 dated 23rd August, 2023. General Circular No.08/2023 F. No. Policy-01/2/2021-CL-V-MCA-Part(3) GOVERNMENT OF INDIA MINISTRY…

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Audit Trail Applicability Deferred to 1.04.2023 & CSR-2 to 31.05.2022

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Vacancy for CA/CS/CMA in Ministry of Corporate Affairs (MCA)

Vacancy for CA/CS/CMA in MCA Invitation of application for appointment of Chartered Accountant/Company Secretaries/Cost Accountant having requisite qualifications and skills as Young Professionals in the Office of the Registrar of Companies, Guwahati. Explore More Opportunities: Find More Opportunities Pursuant to Ministry of Corporate Affairs OM dated 03.07.2019 it is proposed to engage 1…

MCA Revised Additional Fees for Delay in Filings

The Ministry of Corporate Affairs (MCA) revised the additional fees for delay in filing of forms. If the delay in filing is more than 90 days and up to 180 days then the Higher additional fees will be 15 times of normal filing fees. Maximum, In case the delay in filing is beyond…

MCA-Relaxation on levy of additional fees in filing of Various e-forms

The Ministry of Corporate Affairs (MCA) has issued General Circular No. 22/2021 to provide relaxation on the levy of additional fees in the filing of various e-forms. This Relaxation on levy of additional fees in the filing of e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL and MGT-7/MGT-7A for the financial year ended…

MCA Struck off 4 LLP’s Name from the Register

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Extension of the last date of filing of Cost Audit Report to the Board of Directors

The Ministry of Corporate Affairs (MCA) has issued a circular regarding the Extension of the last date of filing of Cost Audit Report to the Board of Directors under Rule 6(5) of the Companies (Cost Records and Audit) Rules, 2014-reg  Read the full circular issued by MCA: General Circular No. 18 /2021 F.No. 0l /…

MCA: Relaxation on levy of additional fees in the filing of e-forms (Read Circular)

The Ministry of Corporate Affairs (MCA) has issued a circular regarding relaxation on levy of additional fees in the filing of e-forms 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 31.03.2021 under the Companies Act, 2013. Read the full Circular issue by MCA: General Circular…

MCA Extends the deadline for filing LLP form-8 upto 30.12.2021

The Ministry of Corporate Affairs (MCA) extended the deadlines for filing LLP Form 8 (the Statement of Account and Solvency) for the Financial Year 2020-2021 without paying additional fees upto 30th December, 2021. Read the full Circular Issued by MCA General Circular No.16/2021 e-File No: Policy-01/2/2021-CL-V-MCAGovernment of IndiaMinistry of Corporate Affairs 5th Floor,…

ICSI Requests for Extension of Time Limit for LLP Audit and LLP Filing

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ICSI Request for extension of time limit for filing of DIR-3 KYC-reg.

MCA 2021 September 28, 2021 Shri Rajesh Verma, IASSecretaryMinistry of Corporate AffairsGovernment of IndiaShastri BhawanDr. Rajendra Prasad RoadNew Delhi -110001 Subject: Request for extension of time limit for filing of DIR-3 KYC-reg. Respected Sir We would like to draw your kind attention to the provisions of Rule 12A of the Companies (Appointment and…

MCA Extends the last date of filing of Cost Audit Report to the BOD

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Key features of SPICe+ for Greater Ease of Doing Business

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MCA : FAQs on the E-Consultation

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The Companies Act, 2013 is an Act to consolidate and amend the law relating to companies. The legislation was necessitated to meet changes in the national and international economic environment and for expansion and growth of economy of our country.

This act received the assent of the Hon’ble President of India on 29th August 2013 and was notified in the Official Gazette on 30th August 2013 for public information stating that different dates may be appointed for enforcement of different provisions of the Companies Act, 2013, through notifications.

Section 1 came into force on 30th August 2013; 98 sections came into force on 12th September 2013; 143 sections were enforced from 1st April 2014 and so on.

The Companies Act, 2013 is rule based legislation with 470 sections and seven schedules. The entire Act has been divided into 29 chapters. Each chapter has at least one set of Rules. The Companies Act, 2013 aims to improve corporate governance, simplify regulations and strengthen the interests of investors. Thus, this enactment makes our corporate regulations more contemporary.

Section 2 of the Act is a definition section. It provides various terminologies used in the Act. Definitional Sections or Clauses, are known as ‘internal aids to construction’ and can be of immense help in interpreting or construing the enactment or any of its parts.

Also, according to clause 95 of section 2, words and expressions used and not defined in this Act but defined in the Securities Contracts (Regulation) Act, 1956 or the Securities and Exchange Board of India Act, 1992 or the Depositories Act, 1996 shall have the meanings respectively assigned to them in those Acts.

When a word or phrase is defined as having a particular meaning in the enactment, it is that meaning alone which must be given to it while interpreting a Section of the Act unless there be anything repugnant in the context.

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