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Extension in the due dates for conducting Board Meetings through Video Conference/OAVM for restricted items

by info@apacandassociates.com | Dec 31, 2020 | Updates

The Ministry of Corporate Affairs (MCA) notified the Companies (Meetings of Board and its Powers) Fourth Amendment Rules, 2020. The government relaxed the requirement of holding Board meetings with the physical presence of directors under section 173(2) read with rule...

Clarification on passing of ordinary and special resolution(s)

by info@apacandassociates.com | Dec 31, 2020 | Updates

It has been decided to allow companies to conduct their EGMs through VC or OAVM or transact items through the postal ballot in accordance with the framework provided in the aforesaid Circulars up to 30th June, 2021. All other requirements provided in the said...

Applicability of CARO deferred

by info@apacandassociates.com | Dec 17, 2020 | Updates

MCA has further deferred the applicability of CARO by one year, for the accounts to be audited by the auditors for the financial years commencing on or after 1st April 2021 Effective date: Dec. 17, 2020 Source: Companies (Auditor’s Report) Second...

Amendment in Companies (Compromises, Arrangements and Amalgamations) Second Amendment Rules, 2020

by info@apacandassociates.com | Dec 17, 2020 | Updates

MCA has notified amendment in CAA Rules, for the introduction of the definition “corporate action” and has laid down the complete procedural step in respect of the purchase of minority shareholding held in Demat form, by inserting new rule 26 A. Major amendments:...

Amendment in Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020

by info@apacandassociates.com | Dec 17, 2020 | Updates

MCA has relaxed certain provisions under the law w.r.t. mandatory online proficiency self-assessment test that one has to undergo, post inclusion of his/her name in the data bank, to make themselves eligible for appointment as an Independent Director. Major...

Extension in the last date for filing CRA-4 for the FY 2019-20

by info@apacandassociates.com | Dec 1, 2020 | Updates

In continuation of MCA Circular no. 29/2020, the Cost Auditor may now submit his report to the Board of Directors for the FY 2019-20 by December 31, 2020. Consequently, the Company is required to file a cost audit report in e-form CRA-4 within 30 days from the date of...

IRDAI notified regulations for the minimum information required for Investigation and Inspection

by info@apacandassociates.com | Nov 26, 2020 | Updates

The Regulations contains three detailed parts explaining every record to be kept and the manner and place for the same: Part I – Provisions applicable to all insurers Part II – Provisions applicable to Intermediaries & Insurance Intermediaries Part III...

Further clarification on the LLP Settlement Scheme

by info@apacandassociates.com | Nov 9, 2020 | Updates

With reference to the extension in the LLP Settlement scheme , it is further clarified that: Filings due till November 30, 2020 shall be covered If a statement of account and solvency for the financial year 2019-2020 has been signed beyond the period of six...

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Email: info@apacandassociates.com | Tel : +91-11-49058720-21

Extension in the due dates for conducting Board Meetings through Video Conference/OAVM for restricted items

Clarification on passing of ordinary and special resolution(s)

Applicability of CARO deferred

Amendment in Companies (Compromises, Arrangements and Amalgamations) Second Amendment Rules, 2020

Amendment in Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020

Extension in the last date for filing CRA-4 for the FY 2019-20

IRDAI notified regulations for the minimum information required for Investigation and Inspection

Further clarification on the LLP Settlement Scheme

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