Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2023
The amendment provides that when a scheme for merger is submitted and where no valid objection or suggestion is received within a period of thirty days of receipt of copy of scheme, from the Registrar of Companies and Official Liquidator by the Central Government and the Central Government is of the opinion that the scheme is in the public interest or in the interest of creditors, it may, within a period of fifteen days after the expiry of said thirty days, issue a confirmation order of such scheme of merger or amalgamation in Form No. CAA.12.
Advisory in connection with implementation of various aspects of AEBAS module
Issuance of guidelines regarding implementation of various aspects of AEBAS Module to resolve difficulty in marking attendance and subsequent issues.
MCA amends Company (Removal of names) Rules, 2016
Company shall not file an application for removal of names unless it has filed overdue financial statements and overdue annual returns.
Aadhar authentication to identify persons who register documents in Registration offices
As per the request of Unique Identification Authority of India (UIDAI), Aadhar authentication to identify persons who register documents shall be completed using Yes/No or/and e-KYC authentication facility.
Meity extends timeline for submitting comments on Aadhaar Authentication for Good Governance Rules, 2020.
The Ministry has extended the last date for receipt of comments on the said amendments till May 20, 2023.
Clarification regarding Introduction of Legal Entity Identifier (LEI) for issuers who have listed and/ or propose to list non-convertible securities, securitized debt instruments and security receipts
LEI is a unique global identifier for legal entities participating in financial transactions. LEI is designed to create a global reference data system that uniquely identifies every legal entity, in any jurisdiction, that is party to a financial transaction. It is a unique 20-character code to identify legally distinct entities that engage in financial transactions. Presently, RBI directions, inter alia, mandate non-individual borrowers having aggregate exposure of above Rs. 25 crores, to obtain LEI code.
MCA has directed all Members of ICSI & ICAI to add Membership Type in their profile
This functionality is also applicable to the users who had associated their Professional Membership Numbers with their ID in past on MCA portal.
Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2023
The Registrar, Centre for Processing Accelerated Corporate Exit established shall be the Registrar of Companies for the purposes of exercising functional jurisdiction of processing and disposal of applications made in Form No. STK-2 and all matters related thereto under section 248 having territorial jurisdiction all over India.
Central Government extends applicability of Aadhaar (Targeted Delivery of Financial and Other Subsides, Benefits and Services) Act, 2016
The Reserve Bank of India has permitted the Reporting Entities under Aadhaar (Targeted Delivery of Financial and Other Subsides, Benefits and Services) Act, 2016 to perform authentication under the Aadhaar Act.
UIDAI allows residents to verify email/mobile number seeded with Aadhaar
UIDAI allows residents to verify email/mobile number seeded with Aadhaar under ‘Verify email/mobile Number’ feature on the official website (https://myaadhaar.uidai.gov.in/) or through myAadhaar App. It has been developed for the residents to verify that their own email/mobile number is seeded with respective Aadhaar.
