E India CA

Professional Updates for Chartered Accountants

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Independent directors face mandatory e-registration

All independent directors may have to register as part of a new initiative by the ministry of corporate affairs (MCA), which also plans to introduce online training modules on various issues that these board members deal with. While registration is proposed to be made mandatory through an online facility, the training through electro...

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Annual DIR 3 (KYC) Due Date extended to 30 June: MCA Notification dt. 30 April 2019

MCA has notified that the Deadline for Annual Filing of Form DIR 3 ((KYC of Directors) has been Extended from 30 April to 30 June, of the immediately next financial year, i.e. the due date for filing of DIR 3 (KYC of Directors) for Financial Year 2018-19 has been extended from 30 April 2019 to 30 June 2019. G.S.R. (E).- In exercise ...

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ACTIVE deadline extended, companies get time till June 15 to meet new disclosure norms

The government has extended the deadline for uploading photos of business premises to June 15, giving corporates more time to comply with a provision aimed at spotting shell companies. “It has been decided to extend the date to June 15,” confirmed a corporate affairs ministry official. The disclosure norms, which came into effe...

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Form INC22A – ACTIVE Company Tagging

The Ministry of Corporate Affairs through a notification dated 21st February 2019 has introduced the  Companies (Incorporation) Amendment Rules, 2019. Under the new rules, all companies registered before 31st December 2017 are required to file eForm ACTIVE (Active Company Tagging Identities and Verification) – INC22A on or before ...

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Aadhaar Integration for availing various MCA21 related services

MCA is actively considering Aadhaar Integration for availing various MCA21 related services. As a preparatory step, all individual stakeholders viz. DIN holders/Directors/Key Managerial Personnel/Professionals of the Institute of Company Secretaries of India-Institute of Chartered Accountants of India-Institute of Cost Accountants of...

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Private Companies can now accept deposits from directors and relatives

Companies (Acceptance of Deposits) Second Amendment Rules, 2015 In exercise of the powers conferred by sections 73 and 76 read with subsection (1) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Acceptance of Deposits) Rules, 2014. Witho...

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Sebi lays out cyber security policy for stock exchanges, depositories and clearing corporations

The Securities and Exchange Baord of India(Sebi) has asked stock exchanges, depositories and clearing corporations to put in place a system that would prevent cyber attacks and improve its resilience. "Stock exchanges, depositories and clearing corporations are systemically important market infrastructure institutions(MIIs). As part ...