Corporate Updates – 29-03-2016


Ministry of Corporate Affairs has revised all Company e-Forms on MCA portal effective from 27th March 2016. The previous version of Company e-forms will not be compatible with the new MCA21 portal. Form CRA-4 and Refund forms are expected to be made available by 11th April 2016 and 25th April, 2016 respectively. Form CHG-8, Form INC-12, Investor Complaint eform, Serious Complaint eform will come into effect immediately. Form 1INV and 5INV have been withdrawn. Form 23AC, 23ACA, 23AC-XBRL, 23ACA-XBRL, Form 20B, Form 66, Form 21A, Form 23B shall be filed as attachments with GNL-2 from the date of notification (to be notified later). MCA has also introduced a new service ‘Upload Details of Security Holders/Debenture Holders/Depositors’ for uploading relevant details of Security Holders/Debenture Holders/Depositors for forms MGT-7, PAS-3 and DPT-4 in excel instead of submitting CD to concerned RoC office. These forms will not be approved if details are not uploaded using this service. New E-forms IEPF-1, IEPF-2, IEPF-3, IEPF-4, IEPF-5, IEPF-6 will come into effect from the date of notification (to be notified later).


Securities and Exchange Board of India has allowed trading in commodity derivatives at stock exchanges operating in International Financial Services Centre (IFSC). The move comes after amendment was made under Securities Contracts Regulation Act to include commodity derivatives as securities. IFSC deals with flows of finance, financial products and services across borders. Under the IFSC regime, any recognised domestic or foreign stock exchange can set up a subsidiary, in the financial services centre, provided they hold at least 51 per cent stake in the venture.

News from NIRC of ICSI

1. Registration open for Workshop on the topic "How to be an NCLT Practitioner?” being organised NIRC of ICSI scheduled to be held on Saturday, 2nd April, 2016, at 9:30 am onwards at ICSI – NIRC Auditorium, Prasad Nagar, New Delhi – 110005. Participation Fees : Rs. 300/- if enroll upto 30-03-2016 & Rs. 400/- after 30-03-2016. PCH – 6.

2. The Corporate Membership Scheme of NIRC of ICSI is open for the Financial Year 2016-17 and the last date for receipt of Corporate Membership fee with early bird incentive is 31.3.2016. The scheme is available for two options – Option-I : Corporate Membership Scheme –(Delhi); Option-II : Corporate Membership Scheme – (Delhi & Chapters). Anyone becoming a member under the Scheme shall be entitled to attend all the paid programs (Except workshops and residential programs) organized by NIRC (& Chapters) free of charge throughout the year. The payment for Corporate Membership can be made through following options:

Option 1 – Cash deposit at NIRC Building, 4 Prasad Nagar Institutional Area, New Delhi.

Option 2- NEFT transfer to NIRC- ICSI Saving Bank Account No. SB- 90062010039267 Syndicate Bank, East Patel Nagar, New Delhi – 110008, RTGS/ NEFT IFSC – SYNB0009006.

Option 3 – Online payment through payment gateway.

Option 4 – Cheque/DD towards the Corporate Membership Fee for the requisite amount be drawn in favour of “NIRC of the ICSI” and sent to Regional Director, NIRC of ICSI, 4, Prasad Nagar Institutional Area , New Delhi-110005.

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