Corporate Updates 12 May 2014


MCA has released the Form-wise details of latest version along with the date of its change for the benefit of all the stakeholders. The same will help the user to verify whether he form they are going to upload is latest or not. The complete list is available at MCA. Please ensure that you have downloaded the latest version for filing.


RBI has simplified the procedure for Re-Schedulement of External Commercial Borrowings (ECB) Policy through which powers have now been delegated to the designated AD Category – I bank to allow one re-schedulement of ECB due to changes in draw-down schedule and / or repayment schedule subject to certain conditions, before the maturity of the ECB. The facility will be available for ECBs raised both under the automatic and approval routes. The modification to the ECB policy will come into force with immediate effect. All other aspects of the ECB policy shall remain unchanged.

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