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CAIRR Update 22 May, 2019

Summary of Circular in Companies Act, 2013 issued on 16/05/2019 is provided below: MCA Notification on National Financial Reporting Authority (Recruitment, Salary, Allowances and Other Terms and Conditions of Service of Secretary, Officers and Other Employees of Authority) Rules, 2019. MCA has introduced a new Rule to define the procedure to be followed by [...]

By | 2019-05-23T12:20:01+00:00 May 22nd, 2019|ca2013.com|0 Comments

CAIRR update 20 May, 2019

Summary of Notification in the Companies Act, 2013 issued on 16/05/2019 is listed below: The Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2019: Rule 12B is inserted which provides that the DIN allotted to the existing directors of a company that has not filed e-form ACTIVE within the period specified (i.e., June 15, 2019) [...]

By | 2019-05-20T14:18:18+00:00 May 20th, 2019|ca2013.com|0 Comments

CAIRR update 17 May, 2019

Summary of Circular in Insolvency and Bankruptcy Code, 2016 issued on 14/05/2019 is provided below: IBBI Circular on Insolvency Professionals to act as Interim Resolution Professionals and Liquidators (Recommendation) Guidelines, 2019 This circular replaces the ‘Interim Resolution Professionals or Liquidators (Recommendation) (Second) Guidelines, 2018’ which shall come into effect from 1st July, 2019. The [...]

By | 2019-05-17T12:36:47+00:00 May 17th, 2019|ca2013.com|0 Comments

CAIRR Update 14 May, 2019

General Circular No. 06/2O19: Clarification for form ADT-1 filed through GNL-2 under the Companies Act, 2013 dated 13.05.2019 MCA vide its Circular dated 13.05.2019 has clarified that the companies which had filed Form ADT-1 through GNL-2 as an attachment (by selecting 'others') during the period from 01.04.2014 to 20.10.2014 may file Form ADT-1 for appointment [...]

By | 2019-05-14T13:12:10+00:00 May 14th, 2019|ca2013.com|0 Comments

CAIRR Update 13 May, 2019

The Companies (Incorporation) Fifth Amendment Rules, 2019: Through this Amendment, Sub-Rule 8 pertaining to undesirable names is substituted to classify and segregate this rule into three different rules- a. Rule 8 (Names which resemble too nearly with name of existing company): The amendment illustrates the matters that are to be disregarded while comparing if [...]

By | 2019-05-13T12:08:23+00:00 May 13th, 2019|ca2013.com|0 Comments

CAIRR Update 10 May, 2019

Summary of Notifications in the Companies Act, 2013 issued on 08/05/2019 are listed below: The Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2019:  Through this Amendment, MCA has increased the fee to be paid by Companies along with the application to the Registrar for removal of its name [...]

By | 2019-05-31T12:02:31+00:00 May 10th, 2019|ca2013.com|0 Comments

CAIRR update 09 May, 2019

Summary of Notification in the SEBI (LODR), 2015 issued on 07/05/2019 is listed below: The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2019: Proviso to Regulation 52(1) inserted- This proviso provides that all the companies that have their equity shares and debt securities listed on the Stock [...]

By | 2019-05-09T16:32:12+00:00 May 9th, 2019|ca2013.com|0 Comments

CAIRR update 06 May, 2019

Summary of Circular in the Insolvency and Bankruptcy Code, 2016 issued on 02/05/2019 is listed below: Circular on Temporary Surrender and Revival of Professional Membership of an Insolvency Professional: Through this Circular, IBBI has advised the Insolvency Professional Agency (IPA) not to ordinarily accept temporary surrender of professional membership of an IP to avoid [...]

By | 2019-05-09T17:15:04+00:00 May 6th, 2019|ca2013.com|0 Comments
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