Corporate Updates – 17-01-2017

PCS Helpline – Technical Issues Relating To E-Filing

NIRC of ICSI has decided to start fortnightly "PCS HELPLINE" to provide guidance / counseling in respect of problems and difficulties being faced by our members. In this series, NIRC is organizing "PCS HELPLINE” program tomorrow, the 18th January, 2017, to resolve the queries over telephone regarding Technical / Procedural / Interpretation issues relating to the topic “Technical Issues Relating To E-Filing” by CS S Bhasker, Principal Consultant, MCA21 Project of MCA, Infosys LTD, will be available to answer the queries telephonically, on 18th January, 2017 from 3.00 PM to 4.30 PM at 011-49343001.

MCA

MCA has Revised INC-7 form for incorporating Part 1 companies and companies with more than 7 Subscribers is made available on the portal of Ministry of Corporate Affairs w.e.f. 15th January, 2017 for filing purposes. For incorporating OPCs (One person Companies) and Companies (with up to seven subscribers), SPICe (INC-32) should only be used. Stakeholders are advised to check the latest version before filing. The said Forms are available on MCA’s website under Forms & Downloads section.

RBI

RBI has enhanced the withdrawal limits from ATMs and Current Accounts with immediate effect. The limit on withdrawals from ATMs has been enhanced from the current limit of ₹ 4,500/- to ₹ 10,000/- per day per card (It will be operative within the existing overall weekly limit). The limit on withdrawal from current accounts has been enhanced from the current limit of ₹ 50,000/- per week to ₹ 1,00,000/- per week and it extends to overdraft and cash credit accounts also.

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