Alerts

Ministry of Corporate Affairs notified the Companies (Accounts) Amendment Rules 2022 on February 11, 2022, and inserted a new Rule 12(1B) to introduce a new requirement of furnishing an Annual Report on Corporate Social Responsibility (“CSR”) with the Registrar of Companies. 
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The Ministry of Corporate Affairs (“MCA”) extends the due date for annual filings for Financial Year (“FY”) 2020-21. It will provide companies an opportunity to remain compliant by filing annual filing forms without payment of any additional fee.
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September 2021 On September 23, 2021, the Registrar of Companies (“ROC”) granted an automatic extension of 2 months for holding Annual General Meeting (“AGM”) for Financial Year (“FY”) 2020-21. What is AGM extension: As per section 96 of the Companies Act, 2013, every company is required to hold its first AGM within 9 months from the...
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The Ministry of Corporate Affairs (“MCA”) amended Rule 4 of the Companies (Meetings of Board and its Powers) Rules, 2014 by a notification G.S.R. 409(E) dated June 15, 2021. By this amendment, the MCA relaxed restrictions on certain agenda items which were not allowed to be approved in a Board Meeting (“BM”) conducted through Video...
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