Corporate Updates – 10-10-2016

MCA

MCA has revised the version of e-forms : Form MGT-15 (Form for filing Report on Annual General Meeting), Form FC-3 (Annual accounts along with the list of all principal places of business in India established by foreign company), Form INC-4 (One Person Company- Change in Member/Nominee), Form MGT-14 (Filing of Resolutions and agreements to the Registrar), Form 23C (Form of application to the Central Government for appointment of cost auditor), Form 23D (Information by cost auditor to Central Government), Form A-XBRL (Form for filing XBRL document in respect of compliance report and other documents with the Central Government), Form I-XBRL (Form for filing XBRL document in respect of cost audit report and other documents with the Central Government), Form 23AC XBRL(Form for filing XBRL document in respect of balance sheet and other documents with the Registrar), Form 23ACA XBRL (Form for filing XBRL document in respect of Profit and Loss account and other documents with the Registrar) and Form AOC-4 XBRL (Form for filing XBRL document in respect of financial statement and other documents with the Registrar were recently revised on MCA21 Company Forms Download page. Stakeholders are advised to check the latest version before filing. Further, Costing taxonomy 2012 for filing Forms I-XBRL and A-XBRL along with business rules is available on XBRL portal w.e.f. 08 Oct 2016. Please visit the portal for latest validation tool and plan your filing accordingly.

MCA

The MCA has issued Notice inviting comments/ suggestions on the draft regulations relating to Insolvency and Bankruptcy Code, 2016 available on the website of MCA. MCA had set-up a working group consisting of practitioners and experts for making recommendations for drafting regulations for registration and regulation of insolvency professionals and insolvency professional agencies under the Code. MCA, on behalf of the Insolvency and Bankruptcy Board of India has invited comments/ suggestions which shall be submitted in the prescribed format available on the website of MCA latest by 28 Oct. 2016.

News from NIRC of ICSI

Registration open for NIRC’s Workshop on "Annual Filing- Concepts & Techniques" (XBRL, AOC – 4, MGT – 7 & MGT -8), on Saturday, the 15th October, 2016 (Registration starts at 9.00 AM) from 10.00 am onwards at Auditorium, ICSI-NIRC Building, 4, Prasad Nagar Institutional Area, New Delhi. Fee : Rs. 400/- upto 14-10-2016 for all participants including Corporate Members of NIRC; Online Payment / Registration Facility Available; Free For Members of Yuva Corporate Membership Scheme of NIRC; Program Credit Hours: 04.

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