Corporate Updates – 20-09-2016


MCA has released the revised the versions of e-FormsForm CRA-2 (Form of intimation of appointment of cost auditor by the company to Central Government), Form CRA-4 (Form for filing Cost Audit Report with the Central Government), Form SH-8 (Letter of offer for Buy-Back), Form CHG-4 (Form for Satisfaction of Charge thereof) and Form MR-2 (Form of application to the Central Government for approval of appointment or reappointment and remuneration or increase in remuneration or waiver for excess or over payment to managing director or whole time director or manager and commission or remuneration to directors). The revised forms will be available on the portal on the portal w.e.f 22nd September, 2016 of MCA. Stakeholders are advised to download the latest version before filing. Form- wise date of last version change is available at on the website of MCA.


SEBI made Unique Client Code (UCC) and Permanent Account Number (PAN) mandatory for all the persons transacting on commodity exchanges. The exchanges would have to ensure that the members upload details of PAN so collected to the exchanges as part of UCC and verify the documents. Members would also be required to furnish the documents of their clients to the commodity exchanges and the same would be updated on a monthly basis. Further, such information for a specific month should reach the exchange within seven working days of the following month. The exchanges would impose penalty on the member at the rate of 1% of the value of every trade that has been carried out by the member without uploading the UCC details of the clients. The penalty collected by the exchanges would be transferred to the Investor protection Fund (IPF). Further, if the client details are not uploaded within a month of the trade, the member is liable to be suspended.

News from NIRC of ICSI

NIRC of ICSI is participating in the ensuing Airtel Delhi Half Marathon -2016 (6 km ‘Great Delhi Run’), which will be held on Sunday, the 20th November, 2016. NIRC would be participating in the group category with a group named as “ICSI Group”. Interested members may fillup the form for the ‘Great Delhi Run’ 6 km category and send the hard copy of the filled up form along with a copy of the photo id proof, passport size photograph and deposit the above along with a fee of Rs. 600/- on or before 1st October, 2016 by cash or by cheque/DD in favour of “NIRC of ICSI” with full details on the reverse side of the cheque/DD i.e. full name, contact number, Membership No. To make the payment online, please Click Here.

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