MCA extends Annual filing date without addl. fees

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 

MCA extends the date for Addl. Fees waiver till 10.06.2016

MCA has extended the period for which the one time waiver of additional fees

is applicoble to all e-forms which are due for filing by companies between the 25th

March 2016 upto 31st May 2016 as well as extend the last date for filing such

documents and availing the benefit of waiver to 10.06.2016. To download the Circular click below:

http://www.mca.gov.in/Ministry/pdf/General_circular_16052016.pdf

Why-the-MCA21-portal-is-a-pain-to-use

http://www.livemint.com/Companies/RaT3ci2PpOjCKazJSdnakN/Why-the-MCA21-portal-is-a-pain-to-use.html?facet=print

MCA - FAQs on filings

MCA released  8 FAQs on various forms:

​e.g.
Which eforms can I file as attachments with GNL-2? 

Annual filing eforms under the Companies Act, 1956 viz. 23AC/ACA, 23AC/ACA-XBRL, 20-B, 21-A, Form 66, I-XBRL, A-XBRL, 23B, 23C and 23D would be made available shortly for filing purposes. Users are requested not to file these forms as attachments with GNL-2 eforms.  

Pls visit the following links for rest of FAQs:

http://www.mca.gov.in/Ministry/pdf/Stakeholder_FAQ_18042016.pdf

MCA - Companies Amendment Bill 2016 goes to Standing Committee

The Bill seeking to make further amendments to the Companies Act has been referred to the Parliamentary Standing Committee, which is expected to prepare its report within three months. Corporate Affairs Minister Arun Jaitley had introduced the Companies (Amendment) Bill, 2016 on March 16 in the Lok Sabha. After taking into consideration suggestions made by a high level panel on further possible changes to the law, the government came up with the Bill as part of larger efforts to address difficulties faced by stakeholders and improve the the ease of doing business in the country. Lok Sabha Speaker Sumitra Mahajan has referred the Bill to the Standing Committee on Finance, which is chaired by senior Congress leader Veerappa Moily. The Speaker has referred the Companies (Amendment) Bill, 2016, as introduced in the Lok Sabha to the Standing Committee on Finance for examination and report within three months, according to the latest Lok Sabha bulletin. This would be the second time that Prime Minister Narendra Modi-led government would be amending the Companies Act, 2013 which was passed during the previous UPA regime. 

Read more at: http://www.moneycontrol.com/news/economy/companies-amendment-bill-goes-to-standing-committee_6274281.html?utm_source=ref_article