Corporate Updates – 28-03-2017


SEBI has further extended the period by three months to the Exclusively Listed Companies (ELCs) on the Dissemination Board (DB)to submit an action plan to list or to provide exit to shareholders to the designated stock exchanges and thereby extended the time limit to submit plan of action till June 30, 2017. Earlier the time limit to submit plan of action was March 31, 2017. All other conditions as mentioned in the SEBI circular dated October 10, 2016 remain unchanged.


MCA has revised the versions of eFormForm 20B (Filing annual return by a company having a share capital with the Registrar.), Form PAS-3 (Form for Return On Allotment) and Form 23ACA (Form for filing of Profit and Loss account and other documents with the Registrar) are likely to be revised on MCA21 portal. The revised forms will be available on the portal on the portal of MCA w.e.f 29th Mar 2017. All the stakeholders are advised to check the latest version of the form before filing.

News from NIRC of ICSI

NIRC is organising 5 Days Capacity Building Sessions on Companies Act, 2013, Covering : Deposits, Charge, Borrowings, Loan to Directors & Inter corporate Loans / Investments/Guarantee/Security from Monday, the 27th March, 2017 to Friday, the 31st March, 2017 from 5.30 PM to 8.00 PM. at Auditorium, ICSI-NIRC Building, 4, Prasad Nagar Institutional Area, New Delhi. Fee:Rs.750/-; (inclusive of service tax) ; for all sessions (including Corporate Members); Rs.200/- per session; PCH – 2/day.

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