MCA has announced the publication of CFSS-2020 Form
CFSS-2020 Form shall be available for filing from 16th January 2021.
MCA makes optional the Field ‘SRN of the application filed for extension’ (GNL-1) in eForm MGT-7 for FY 2019-20.
eForm MGT-7 has been revised on MCA21 Company Forms Download page w.e.f 1st January, 2021.
MCA further extends the provision to conduct Board meetings through Video Conference or other Audio-Visual Means
MCA further extends the provision to conduct Board meetings through Video Conference or other Audio-Visual Means (OAVM) for approving financial statements and other restricted agenda items.
The Companies (Share Capital and Debentures) Second Amendment Rules, 2020.
Through this amendment Form SH-7 has been substituted which is used for filing of notice to Registrar of any changes in Share Capital pursuant to section 64(1) of the Companies Act, 2013 and pursuant to rule 15 of the Companies (Share Capital and Debentures) Rules, 2014.
The Companies (Incorporation) Third Amendment Rules, 2020.
Through this amendment a new rule 9-A has been inserted which deals with Extension of reservation of name in certain cases.
MCA extends suspension of Insolvency Proceedings by another 3 months.
MCA has extended the suspension of insolvency proceedings for any COVID-19 related default by a period of three months, effective from 25th December 2020.
Applicability of CARO 2020 extended till 1st April, 2021
The Companies (Auditor’s Report) Second Amendment Order, 2020 has extended the Applicability of CARO 2020 extended till 1st April, 2021.
The Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020
The amendment provides that an individual shall not be required to pass the online proficiency self-assessment test when he has served for a total period of not less than three years as on the date of inclusion of his name in the data bank as a director.
The Companies (Compromises, Arrangements and Amalgamations) Second Amendment Rules, 2020.
Further a new rules 26A has been inserted which deals with Purchase of minority shareholding held in demat form in which the company shall within 2 weeks from the date of receipt of the amount equal to the price of shares to be acquired by the acquirer, verify the details of the minority shareholders holding shares in dematerialised form.
The Government of West directed digital maintenance of labor records and registers in a single online platform
The Government of West Bengal has in interest of ease of doing business has directed for the maintenance of statutory records and registers required under labor laws in digital form in a single online platform.
