MCA has amended the Companies (Incorporation) Rules, 2014 vide Notification dated 16/10/2019 to provide the following changes: Particulars Timeline given in section 12(6) of the Act New timeline prescribed in Rule 28 of Incorporation Rules Confirmation order passed by RD 30 days 15 days Filing of certified copy of RD with RoC 60 days 30…
has made amendments in rules related to appointment of Independent Directors and matters related therewith. A gist of such amendments is given below- Maintenance of Databank of Independent Directors (“IDs”) Indian Institute of Corporate Affairs (“IICA”) (at Manesar, Haryana) as an “Institute” under Section 150(1) of the Companies Act, 2013, responsible to create and maintain…
The Ministry Corporate Affairs (MCA) has, since 2017, notified Section 247 of the Companies Act (CA), 2013 and introduced the Companies (Registered Valuers and Valuation) Rules, 2017. The Ministry Corporate Affairs has appointed the Insolvency and Bankruptcy Board of India (IBBI) as the authority for apply the new rules of Registered Valuers apart from insolvency resolution…
Insolvency and Bankruptcy Code, 2016. The Corporate Insolvency Resolution Process of a financial services provider (FSP) will be initiated only on an application by the appropriate regulator, However, the special framework under section 227 of the Insolvency and Bankruptcy Code, 2016 shall not apply to banks. Once the application to that effect is admitted, the…
Trademark Oppositions: What Should You Do If Your Trademark is Opposed? As a company owner or business owner or individual filing for a trademark, you will pay all of your fees and insistence wait several months for a trademark examination and review the application by trademark Authority. At the end of the examination process, if…
Victory for Home buyers Home buyers will continue to have the RIGHT to approach NCLT individually *Insolvency & Bankruptcy amendment ordinance Mimansa Law offices represents– Homebuyers* Today Hon’ble Supreme Court of India delivered its order inthe Insolvency and bankruptcy ordinance amendment passed on the 27th of December, 2019 which had put a threshold on homebuyers…
We provide business registration in India services which covers legal, managerial and other aspects related to company registration which are listed below : Overview :All Companies are regulated in India by Companies Act, 2013 and Companies Incorporation Rule. Every company whether public or private is required to get enter themselves with the Registrar of Companies in…
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