Friday 3 June 2016

MCA extends relaxation of Addl. Fees till 30th June, 2016

MCA announced relaxation of additional fees and extension of time and filing of e-Forms by the Companies under Companies Act, 2013 and for filing of Annual Return (Form 11) by the LLPs under the Limited Liability Partnership Act, 2008. Read more at:

http://www.mca.gov.in/Ministry/pdf/GeneralCircular07_31052016.pdf

MCA notifies constitution of NCLT & NCLAT in place of CLB from 1st June, 2016

The Ministry of Corporate Affairs has issued notification for constitution of the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) with effect from today i.e. 1st June, 2016. Hon’ble Justice S.J. Mukhopadhaya, Judge (Retd.), Supreme Court of India has joined as the Chairperson of the NCLAT and Hon’ble Justice M.M.Kumar, Judge (Retd.) has joined as the President of the NCLT. 

With the constitution of the NCLT, the Company Law Board constituted under the Companies Act, 1956 stands dissolved. 

Initially, NCLT will have eleven Benches, two at New Delhi and one each at Ahmedabad, Allahabad, Bengluru, Chandigarh, Chennai, Guwahati, Hyderabad,Kolkata and Mumbai. 

The detailed notification can be accessed at the links below:

http://www.mca.gov.in/Ministry/pdf/Notification_02062016_II.pdf 

http://www.mca.gov.in/Ministry/pdf/Notification_02062016_I.pdf