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Extension in the due dates for conducting Board Meetings through Video Conference/OAVM for restricted items
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)
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
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
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
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...
Data Bank registration for Independent DirectorsThe practical aspects as well as the detailed information required while registration with the databank maintained by the Indian Institute of Corporate Affairs for ease while registration, in one slide presented by Rajender Goswami, Assistant Company Secretary, APAC & Associates LLP, Company Secretaries.
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Disclaimer: This presentation prepared as on the date of its publication on our youtube channel is the property of APAC & Associates LLP. This information is for educational purposes only and the same is not intended to be professional advice. APAC & Associates LLP does not intend to advertise its services through this write-up. APAC & Associates LLP is not responsible for any error or omission in this write-up or for any action taken based on its contents.
Insolvency and Bankruptcy Code – Corporate Insolvency Resolution Process (Part-3)
Presentation on the procedure and the documentation involved in the Corporate Insolvency Resolution Process after the admission of application for initiation of the process by NCLT in case of default by the Corporate Debtor, in one slide. ...
Presentation on the e-adjudication mechanism, the background and the practical implementation of this welcome change introduced by the Ministry of Corporate Affairs and a step forward towards the ease of doing business, in one slide. [pdf-embedder...
Insolvency and Bankruptcy Code – Initiation of CIRP (Part-2)
Presentation on the first part of Corporate Insolvency Resolution Process i.e. the Initiation of the Corporate Insolvency resolution process the procedures, forms and the attachments involved therein for filing an initial application with the National Company Law...