Corporate Updates – 12-03-2015

MCA:

MCA has notified new eForm’s MGT – 3 (Notice of situation or change of situation or discontinuation of situation, of place where foreign register shall be kept), MGT–15 (Form for filing Report on Annual General Meeting), PAS – 6 (Filing of Private Placement Offer Letter) & DPT – 3 (Return of Deposits) for filing w.e.f. 11th March, 2015 for the purpose. Only new version of the eForms will be acceptable. Stakeholders are requested to plan accordingly and ensure that you have downloaded the latest version for filing and uploading the latest version only. Form-wise date of last version change is available at on the website of MCA.

Ministry of Finance – FDI:

Department of Economic Affairs, Ministry of Finance launched a new upgraded and secure user friendly web site for filing and processing of applications forForeign Direct Investment (FDI) requiring Government approval. The new website http://fipb.gov.in, which becomes operational, shall henceforth receive applications regarding FDI in approval route sectors. With the introduction of the new website, applicant will have to submit only SINGLE copy of the application for records with the FIPB Secretariat instead of 15-18 copies being filed earlier. The one of the innovative features of the website is that the Regular alerts are sent to the applicants related to the queries raised by the administrative ministries, inclusion of the proposal in the scheduled FIPB meeting and decisions.

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