Corporate Updates 01 April 2014

MCA:

1. MCA has notified rules for Chapter V & Chapter X of the Companies Act, 2013. All rules will be applicable from the date of their publication in the Official Gazette.

Chapter V: Companies (Acceptance of Deposits) Rules, 2014
Chapter X: Companies (Audit and Auditors) Rules, 2014

2. MCA has introduced 11 new Company Forms (Sample) based on Companies Act, 2013. Demo of all these 11 forms are available at the MCA Portal to enable all stakeholders to familiarize themselves with the filling of the new forms. The filled forms can’t be saved or uploaded at the website till 14-04-2014. The pre-fill functionality would also not work.

3. MCA has issued Table containing provisions of Companies Act, 2013 as notified up to date and corresponding provisions thereof under Companies Act, 1956 and the same is available at the MCA Portal. This ready reckoner / comparative chart of New & Old Section is for the information of all stakeholders. All Stakeholders are requested to refer to the relevant notifications and circulars issued separately.

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