MCA:
Ministry of Corporate Affairs identifies more than one lakh directors of shell companies for disqualification. All such directors are now barred to continue as director of any company and their DIN are already been blocked by MCA. ROC’s wise complete list of all such disqualified directors is now made available on the MCA portal. Pursuant to the action of the Ministry of Corporate Affairs of cancellation of registration of around 2.10 lakh (2,09,032) defaulting companies and subsequent direction of the Ministry of Finance to banks to restrict operations of bank accounts of such companies by the directors of such companies or their authorized representatives, the Ministry of Corporate Affairs has identified 1,06,578 Directors for disqualification under Section 164(2)(a) of the Companies Act, 2013 as on September 12, 2017. As per Section 164 of the Companies Act, 2013, any person who is or has been a director in a company which has not filed financial statements or annual returns for any continuous period of three financial years shall not be eligible for re-appointment as a director in that company or appointed in other company for a period of five years from the date on which the said company fails to do so. Further, Section 167 of the Act provides that on suffering the aforesaid disqualification, the Director shall vacate the office.
GST
CBEC has extended the last date for filing the return in FORM GSTR-3B for the months August to December,2017. On the recommendations of the Council, the return for the month, shall be furnished in FORM GSTR-3B electronically through the common portal on or before the last dates as specified below :-
| S.No | Month | Last Date for filing of return in FORM GSTR-3B |
| 1 | August, 2017 | 20th September, 2017 |
| 2 | September, 2017 | 20th October, 2017 |
| 3 | October, 22017 | 20th November, 2017 |
| 4 | November, 2017 | 20th December, 2017. |
| 5 | December, 2017 | 20th January, 2018 |
Further, every registered person furnishing the return in FORM GSTR-3B shall, subject to the provisions of section 49 of the said Act, discharge his liability towards tax, interest, penalty, fees or any other amount payable under the said Act by debiting the electronic cash ledger or electronic credit ledger, as the case may be, not later than the extended date, on which he is required to furnish the said return.
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