The Central Board of Indirect Taxes and Customs (CBIC) and the Ministry of Corporate Affairs (MCA) notifies on February 25, 2021, approved a Memorandum of Understanding for the exchange of data between the two organisations. In this article, we will discuss MCA signs MoU with CBIC. MCA signs MoU with CBIC The Central Board of … Read more
In the COVID pandemic, the ministry of Corporate affairs extended AGM due date 30th September 2020 from 31st December 2020. However, there was no announcement towards the extension of filing ROC Annual Return and regarding the penalty of annual financial statement. Now the most awaited extension of filing ROC Annual Return due dates announced by … Read more
A big relief is given by the Ministry of Corporate Affairs (MCA) to the companies today by extension of AGM date for holding Annual General Meeting till December 31st from September 30th. Let’s understand in detail – Extension of AGM Date Due to the Covid-19 pandemic, the ministry of corporate affairs has diminished the compliance … Read more
Due to the Covid-19 pandemic, the ministry of corporate affairs has reduced the compliance burden on the corporate sector which partially opened up the industry. MCA has received several representations to allow companies to provide an extension of AGM (Annual General Meeting) date for the financial year which is about to due on 30.09.2020. Recently, CBDT … Read more
If you have a company that continuously suffered due to the pandemic COVID-19, the ministry of corporate affairs (MCA) has come up with a new scheme Companies Fresh Start Scheme, 2020 (CFSS) which specify that there is a recovery of the strike-off company without fee of roc penalty (Registrar of Companies) and also considered for removal of Directors … Read more
In view of the COVID-19 outbreak, the Government has granted companies an additional 180 days to file the Declaration of CoB in the Form INC-20A. Time-limit to file Declaration of CoB Raised As per the Companies Act 2013, every newly incorporated company is required to file a declaration of commencement of business (CoB) in … Read more