Latest Official Updates Under Company Law by the MCA Dept.

Here we have informed and notified readers with all the latest updates in the company law of MCA. Find notifications, amendments, updates, relevant sections, etc with complete accuracy. Be updated and incorporate all the latest changes into your company law firm and notify further to your tax professional network to make them aware of recent changes in the company law under MCA.

Company law is a collection of laws that govern the working and conduct of companies. A company is considered to be an artificial person in the eyes of law that is formed by a group of individuals for the purpose of business, so company law is set up as a set of rules and provisions related to companies. It consists of procedures and norms regarding the incorporation, funding, working, and death of the company. Company law states the legal liabilities of the company for a smooth run for a longer period of time. It tells how the parties related to the company will interact with each other and with the company. Company law is also called business law or corporate law.

Indian companies are managed by the Ministry of Corporate Affairs (MCA) and are governed by the Companies Act, 2013. Companies Act consists of all the laws related to companies in detail. There are mainly two types of companies, private companies, and public companies.

The Companies Act, 2013 consists of 29 chapters divided into 470 sections and further sub-sections detailing the laws related to the conduct of various companies. Non-compliance with the Companies Act by different parties or individuals related to the company can attract penalties, fines, prison, or some other serious punishments according to the criminal or civil offence committed by him. The cases related to companies are heard by the National Company Law Tribunal (NCLT).

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Latest Update Under MCA for Companies & Lawyers

28th March 2024

• The Ministry of Corporate Affairs has released an advisory regarding the due date for companies to CSR form for FY 2022-23.

20th February 2024

• The MCA department has published circular No. 02/2024 for the stakeholders to be informed that the ‘Change Request Form’ (CRF) has been available on the V3 portal. Read Circular

16th February 2024

• MCA department has published notification F. No. 01/16/2013 CL-V (Pt-I) related to the Companies Amendment Rules 2024 (Registration Offices and Fees). Read PDF

08th February 2024

• The MCA department has extended and relaxation of additional fees on the last date for filing LLP Form No. BEN-2 and Form No.4D. Read PDF
• Please take note, stakeholders, that the Restoration of Struck-off Company to Active u/s 252 is a placeholder on the V3 INC-28 form. Stakeholders may make appropriate plans and submit INC-28 forms with section 252(2), NCLT orders, and evidence of any applicable fees. The status would automatically be restored upon form approval.

05th February 2024

• The MCA department has published the notification F. No. A-42/46/2023-Ad.II-MCA for establishing a Central Processing Centre in India. Read PDF

02nd February 2024

• A scheduled technical upgrade for CBDT e-filing services may result in delays in filing the following MCA eForms by 3rd February 2024, 14:00 PM to 5th February 2024, 06:00 AM: SPICe+, FiLLip, DIR-3, DIR-3 KYC, DIR-6, IEPF-5, Form 4 LLP, DIR-12, FC-1, FC-2, BEN-2. To avoid inconvenience, stakeholders should plan in advance.

25th January 2024

• Under Company forms download – Compliance Related Filings in MCA-V2 system, the LEAP-1 form under the Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 will be available tonight.
• The MCA new rules may be called the Companies (Listing of equity shares in permissible jurisdictions) 2024. Read More

16th January 2024

• MCA overview of existing rules and regulations and a draft policy for pre-legislative consultation. Read PDF
• The Companies Act, 2013 and the Limited Liability Partnership Act, 2008, notice inviting new comments. Read PDF

10th January 2024

• The MCA notification F.No.A-12018/2/2023-ad.II-MCA for the Indian Corporate Law Service (amendment) rules. Read PDF

28th December 2023

• Users who register on the V3 portal will receive their V2 user IDs via their registered email within five hours of registering.

01st November 2023

• The MCA notification F.No. 1 /3 /2020-CL.I Companies (Amendment) Act, 2020 sub-section (2) of section 1. Read more

31st October 2023

• MCA Notification No. 01/34/2013 CL-V (Pt-III) for Company’s Management & Administration Rules. Read more

30th October 2023

• The MCA department has published the notification for the (Prospectus and Allotment of Securities) Second Amendment Rules, 2023. Read more
• The MCA department shared 3rd amendment rule may be called the Limited Liability Partnership via a notification number F. No. Policy-01/2/2021-CL-V-MCA-Part(2). Read more

25th October 2023

• The MCA notification F. No. 1/13/2013-CL-V, Vol. IV related to the company’s 3rd Amendment rule 2023. Read Notification

13th October 2023

• The Central Reservation Centre (CRC) informs the stakeholders that application forms are processed anonymously and at random when used for name reservations and incorporations. In most cases, the official who handled the application in the first instance will not handle the applications if they are submitted for resubmission. Stakeholders may notify the Ministry at cvo-mca@gov.in in the event of any misconduct or irregularity on the part of any official or officer at the CRC or any professional, together with any relevant supporting documentation, so that action can be taken in accordance with the extent set forth in the CVC guidelines.
• The MCA department has published the job opening notice for the CA, CS, etc Read Notice

26th September 2023

• The MCA department has published circular no.09/2023 for clarification on holding AGM and EGM via a video conference. Read Circular

14th September 2023

The MCA department has shared the order for the constitution of the company law committee. Read Order

04th September 2023

• The MCA department has published notification F.No.01/03/2021-CL-V (Pt.IV) related to the second amendment rules. Read more

24th August 2023

• The MCA circular no. 08/2023 for the delay in the filing of Form-3, Form-4, and Form-11 in accordance with section 67 of the LLP Act 2008 and section 460 of the Companies Act, 2013. Read Circular

16th August 2023

• The MCA circular number 07/2023 allows 1,270 applications from CA and CS professional institutions to merge multiple IDs in V-2 with new user IDs in V-3. Read Circular

02nd August 2023

• MCA department has notified the Companies (Incorporation) Second Amendment Rules 2023, which will make additional changes to the Companies (Incorporation) Rules of 2014. Read More

• On August 4, 2023, the MCA department will launch a refund form on the official V3 portal. The refund requests for forms filed in V2 will still be possible using the refund forms on the V2 website.
• The beta version of the View Public Documents [VPD] service for V3 documents will be made available to stakeholders on August 16, 2023 (only for testing purposes between 7:00 pm and 10:00 pm daily). All interested parties will continue to have access to the current V2 VPD Service.

14th July 2023

• The MCA department has shared the general circular no.07/2023 for the deactivation of the old user IDs in the V-2 portal. Read more

11th July 2023

The MCA announcement is to inform stakeholders that Master Data Services Beta Version in V-3 will be launched on 09/07/2023 (for testing purposes only; not for use in any statutory and legal capacity). Stakeholders shall remain able to access existing Master Data Services from V-2.

22nd June 2023

• Additional fees may be waived in case of delay in filing DPT-3 for the financial year ending 31 March 2023 up to 31 July 2023. Read more

16th June 2023

• A new notification from MCA clarifies that certain transactions, arrangements, and agreements entered into by corporate debtors are not subject to Section 14(1) of the Insolvency and Bankruptcy Code, 2016. read more

05th June 2023

• The MCA new amendment rules, 2023 for form No. 3 may be called the Limited Liability Partnership. Read More
• The MCA department published the company’s second amendment rules in 2023. Read More
• In order to provide stakeholders with a hassle-free filing experience of Form 3 LLP, an Excel download and upload functionality was added to the form, which automatically fills in all existing partners and appoints partner information. The instructions kit should be read before stakeholders file the e-form.
• In Form 11 LLP, Excel file download and upload functionality have been enabled. All existing data of the Partners and Designated Partners of the LLP will be pre-filled. Before completing the form, stakeholders should read the instruction kit.

19th May 2023

• The new Amendment Rules, 2023 for compromises, arrangements and amalgamations. Read more

17th May 2023

• The deadline for e-filing an LLP Form 11 (Annual Return) is 30th May 2023 without paying an additional fee. read more

15th May 2023

• The MCA department notification number [F. No. 2/31/CAA/2013-CL.V Part] Companies Act, 2013 (18 of 2013), the Central Government amended the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. View more

12th May 2023

• MCA notification for second amendment rules 2023 related to the removal of names of companies from their register of companies, View more

28th April 2023

• The MCA department notification number F. No. 01/01/2009-CL-V (Part. XII) related to the company’s (Indian Accounting Standards) amendment rules, 2023. Read more

24th April 2023

• Ministry of Corporate Affairs will launch the STK-2 form and C-PACE functionality on 01st May 2023 at 12:00 AM as part of its continued efforts to serve you better. When implementing this form in the V3 MCA21 portal, stakeholders are advised to note the following points. Read more

18th April 2023

• MCA notification [F.No.1/28/2013-CL-V(Part-III)] related to the removal of names of companies from the register of companies’ new amendment rule 2023. It will be applicable from 01st May 2023. Read more

04th April 2023

• The MCA department has published the notification F.No. 01/01/2009-CL-V (Part. XII) related to the companies amendment rule 2013. View more

23rd February 2023

• In addition, Form GNL-2 is needed for the filing of prospectus-related documents and private placements, Form MGT-14 is needed for filing resolutions relating to prospectus-related documents and private placements, Form PAS-3 for sharing allotment, and SH-8 for buyback offer. In MCA 21 Portal, from 22.02.2023 to 31.03.2023-reg, there will be a migration from Version 2 to Version 3. Shares or other securities), SH-9 (Declaration of Solvency) and SH-llQeturn in respect of buy-backs of securities. Read Circular

22nd February 2023

• Extension for the filing of 45 company e-forms, PAS-03 and SPICE + PartA without an additional fee. Read more

08th February 2023

• In MCA 21 Version 3.0 circular number 03/2023, due dates have been extended for filing of 45 company e-forms and PAS-03 without additional fees. Read Circular

23rd January 2023

• Companies’ new amendment rule for the registration of office and fee companies. Read PDF

21st January 2023

• The department of MCA has published the notification for the MGT-3 and MGT-14. Read Notification
• Companies Incorporation Rules 2023. Read PDF
• Companies share and debenture amendment rule 2023. Read PDF

20th January 2023

• The director releated form DIR-3, DIR-3C, DIR-5, DIR-6, DIR-7, DIR-8, DIR-9, DIR-10, DIR-11 and DIR-12 now available on official portal. Read PDF
• The MCA department’s new amendment rule Miscellaneous MSC-1, MSC-3 and MSC-4. Read PDF
• The new forms PAS-2, PAS-3 and PAS-6 for prospectus and allotment of securities. Read PDF
• The MCA government has published notification number F. No. 1/19/2013-CL-V-Part III related to the company AOC-5 form. Read Notification
• The notification number F. No. 1/35/2013-CL-V r form No. URC-1, Application by a company for registration under section 366. Read notification
• The MCA department has shared the notification number F.No.Policy-01/11/22-CL-V-MCA form FC-1, FC-2, FC-3 and FC-4. Read Notification

09th January 2023

• In the MCA 21 Portal, documents related to prospectuses and resolutions related to prospectuses are to be filed using Forms GNL-2 (filing of prospectus-related documents) and MGT-14 (filing of resolutions related to prospectuses) due to the migration from version 2 to version 3 (General Circular 02/2023) from 7th January 2023 to 22nd January 2023. Read Circular
• The MCA department has published circular number 01/2023 related to the release of 45 company e-Forms in MCA 21 Version 3.0. Read Circular

04th January 2023

• Company Incorporation forms (Spice + Part A, Part B & RUN) are available for filing in V2 until Friday, January 6 at 12:00 p.m. Incorporated companies will be able to file these forms on the V3 Portal on 09th January 2023.
• There are 45 forms remaining in V2 that may be filed until 06th January 11:59 PM. On 23rd January 2023, these forms will be available on the V3 portal.

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