NCLT has designated its Members in different branches of the Tribunal to hear appeal against order of Registrar or such other officer officiating as the Registrar of the Bench. Further, it has been clarified that appeal against order of Registrar with regard to Principal Bench and New Delhi Bench(s) shall be made before Honorable President, … Continue reading “NCLT Has Designated Its Members In Different Branches Of The Tribunal”

Revised “Simplified Proforma for Incorporating Companies Electronically” SPICe (INC-32) along with electronic MoA (SPICe MoA-INC 33) and electronic AoA (SPICe AoA-INC 34) will be available w.e.f 18th October, 2016 for filing purposes. Stakeholders are requested to use the latest version of SPICe forms and plan your filing accordingly.

NCLT has constituted an Internal Complaints Committee in terms of Section 4 of the Sexual Harassment of Women (Prevention, Prohibition and Redressal) Act, 2013 for all benches of National Company Law Tribunal for a period of three years. The Committee shall constitute of 4 Members with Ms. Ina Malhotra, Member (Judicial) acting as the presiding … Continue reading “Internal Complaints Committee of NCLT”

E-Form INC-29 will no longer be available on the MCA21 portal and stakeholders will not be able to file any previously downloaded versions from this date. Therefore, stakeholders are requested to plan accordingly and use SPICe (Simplified Proforma for Incorporating Company electronically), INC-2 (One Person Company), or INC-7 (Incorporation of Company) e-Forms, as applicable for … Continue reading “MCA Has Notified That e-Form INC-29 (Integrated Incorporation Form) Will Be Withdrawn w.e.f. November 01, 2016”

Central Government has extended the applicability of Minimum Import Price (MIP) beyond 04/10/2016 on 66 HS Codes as specified in the Notification No 20/2015-20 dated 4.8.2016 for further two months, i.e., till 4th December, 2016. For details, please refer the attachment. DGFT- Continuation of IMP.pdf

The Ministry of Corporate Affairs had set-up a working group consisting of practitioners and experts for making recommendation for drafting regulations in respect of registration and regulations of Insolvency and Insolvency professionals and Insolvency professional agencies envisaged under the code. The following regulations have been drafted and made available on the Ministry’s website: (1) Insolvency … Continue reading “Recommendations for Insolvency, Insolvency professionals and Insolvency professional agencies”

The Reserve Bank of India has issued Master Direction for Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2016. The Directions shall apply to every auditor of Non-Banking Financial Company as defined in section 45 I(F) of the Reserve Bank of India Act, 1934 (the RBI Act). The Direction provides provision for Auditor to submit … Continue reading “Master Direction For Non-Banking Financial Companies Auditor’s Report (Reserve Bank) Directions, 2016”