Category Archives: Company Law

RBI liberalises Forex Facilities for Individuals

The Reserve Bank of India has further liberalised foreign exchange facilities for individuals under the Foreign Exchange Management Act, (FEMA) 1999. The facilities are: 1. NRIs can be Joint Holders in Resident’s SB/EEFC/RFC Accounts Individual residents in India are now … Continue reading

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Company Law Settlement Scheme 2011

     

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Extension of Time limit for XBRL filing

Ministry of Corporate Affiars has increase the time limit for filing of Blance sheet and Profit & Loss account in XBRL format for all companies in Phase-I to 30-11-2011 or 60 days from their due date which ever is later.

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Simplified procedure for rectification of register of charges under section 141 of the Companies Act

General Circ ular No. 51 / 2011 F.No. 1/ 1/ 2003 CL.V Government of India Ministry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi Dated 25th July, 2011 All Regional Direc tors, All Registrar … Continue reading

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Simplified procedure for obtaining online approval of Central Government under section 297 of the Companies Act

General Circular No. 52/2011 F.No. 17/170/2011 CL.V Government of India Ministry of Corporate Affairs CL V Section 5th Floor, A Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi Dated 25th July, 2011 All Regional Directors, All Registrar of Companies, All … Continue reading

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Process of incorporation of Companies and establishment of principal place of business in India by Foreign Companies – Procedure simplified

The Ministry has got the issue examined by Business Process Re-engineering Group under MCA-21 and in order to speed up and simplify the process of incorporation of Companies and establishment of principal place of business in India by Foreign Companies … Continue reading

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ROC EASY EXIT SCHEME, 2011

The Ministry of Corporate Affairs, Government of India, has re-launched “Easy Exit Scheme-2011 (herein after called EES)” giving an opportunity to “Defunct Companies” to get their name strike off from the register of Companies. The said scheme has been notified … Continue reading

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Announcement of New USA Branch of MRC

We are delighted to inform you that Mukesh Raj & Co. (MRC) has inagurated its first foreign branch office at New Jersey, United States Of America. The new foreign office address is: MRC (Chartered Accountants) 85, Forest Drive, Apartment C … Continue reading

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Easy Exit Scheme-2011

General Circular No. 6 /2010 F. No. 2/7/2010-CL V Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi Dated the 3rd December, 2010 To All Regional Director, All Registrar of Companies. … Continue reading

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No Objection Certificate for conversion of Investment Company into LLP

The Limited Liability Partnership Act, 2008 (herein after called “Act”) has brought a new kind of business vehicle in the Country called LLP, allowing small business and entities to carry on business under a flexible business model. The Act is silent … Continue reading

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