Monday, August 15

Author: instaaccounts

New Indian Companies Registered from 15th Feb – 13th Mar 2019
Corporate, New Companies

New Indian Companies Registered from 15th Feb – 13th Mar 2019

Highlights: 9,538 Companies Incorporated from 15th Feb – 13th Mar 2019 780 Companies Registered on 22nd Feb 2019 which is the highest 8,724 New Private Companies, 251 Public Companies, and 563 Private One Person Company has been registered Maharashtra has the highest count of new companies – 1,763 New Companies Registered By Date 9,538 companies were incorporated during 15th Feb – 13th Mar 2019. 22nd Feb 2019 has the highest count of 780 companies. New Companies Registered by Class The highest number of companies incorporated are Private Companies which is 8,724 companies, Private One Person Company is 563 companies, and Registered Public Companies form only 251 Companies. New Companies Registered by State The below chart shows t...
FAQs Related to MCA Mandate to Private Companies to have a Whole-Time CS
MCA, News

FAQs Related to MCA Mandate to Private Companies to have a Whole-Time CS

What is the name of this notification? These rules may be called the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020 When is this notification issued? This Notification is issued on 3 January 2020 What is the key message or essence of this notification? This amendment is about the following 2 key points: Appointment of a whole-time Company Secretary: MCA Mandates Appointment of Whole-time Company Secretary to All Private Companies that have 10 Crore & More or Companies having Mandatory to submit Secretarial Audit Report: Both Private & PubliC Limited Companies with Outstanding Loan or Borrowings from banks or Public Financial Institutions exceeds Rs 100 crore have to submit the Secretarial Audit Report When is this amendm...
MCA Mandates Appointment of Whole-time Company Secretary to All Private Companies that have 10 Crore & More
MCA, Regulatory

MCA Mandates Appointment of Whole-time Company Secretary to All Private Companies that have 10 Crore & More

In the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2O14 (hereinafter referred to as said rules), for rule 8, it was stated that, "Every listed company and every other public company having a paid-up share capital of ten crore rupees or more to have a whole-time key managerial personnel." Vide Notification Dated 3 Jan 2020 Ministry of Corporate Affairs as made it mandatory to have a whole-time company secretary for every Private Limited Company that has a paid-up capital of Rs 10 Crore or more. This rule is effective from 1st Apr 2020. Infographic: No of Companies with paid-up capital of 10 Crore and above As per data from InstaFinancials, count of companies that have paid-up capital of 10 Crore and above 25,859 - All Companies 13,813 - Private...
Companies (appointment and managerial personnel) Amdt Rules 2020 | MCA Notification
MCA, Regulatory

Companies (appointment and managerial personnel) Amdt Rules 2020 | MCA Notification

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (i)] MINITRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 3rd January, 2O2O G.S.R. .- ln exercise of the powers conferred by sub-section (1) of section 203 of the companies Act, 2Ol3 (18 of 2013) read with section 469 of the said Act, the Central Government hereby makes the following rules further to amend the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2O14, namely:- (1) These rules may be called the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020. (2) They shall be applicable in respect of financial years commencing on or after 1st April, 2020.ln the Companies (Appointment and Remuneration of Managerial Personnel) Rul...
Update from IBBI – 27 September – 02 December 2019
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Update from IBBI – 27 September – 02 December 2019

Update on Public Announcements and Invitation of Resolution Plans from Insolvency and Bankruptcy Board of India mentioned below for your reference. Whats New 25-10-2019 - IBBI Newsletter for Jul-Sep, 201906-11-2019 - In the matter of Jaiprakash Associates Ltd. & Anr. Vs. IDBI Bank Ltd. & Anr. (D. NO. 27229-2019) with Civil Appeal No. 6486-2019 Public Announcements 23-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Topsgrup Service (India) Ltd.25-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Audax Protective Fabrics Pvt. Ltd.24-10-2019 Public Announcement of Voluntary Liquidation Process-India SME Technology Services Limited29-10-2019 Public Announcement of Liquidation Process-Hanumesh Realtors Private Limi...
Update from IBBI – 19 September – 04 December 2019
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Update from IBBI – 19 September – 04 December 2019

Update on Public Announcements and Invitation of Resolution Plans from Insolvency and Bankruptcy Board of India mentioned below for your reference. Whats New 25-10-2019 - IBBI Newsletter for Jul-Sep, 2019 Public Announcements 14-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Ferrox Chemicals Pvt. Ltd.27-10-2019 Public Announcement of Corporate Insolvency Resolution Process-SRK Food Products Pvt. Ltd.16-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Texorange Corporation Ltd.17-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Pan India Network Ltd.16-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Golden Sparrow Corporation Pvt. Ltd.18-10-2019 Public Announcement of Corp...
Update from IBBI – 14 Feb – 25 November 2019
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Update from IBBI – 14 Feb – 25 November 2019

Update on Public Announcements and Invitation of Resolution Plans from Insolvency and Bankruptcy Board of India mentioned below for your reference. Whats New 24-10-2019 - Participate in the Fight against Corruption - Take Integrity Pledge Public Announcements 04-10-2019 Public Announcement of Liquidation Process-Tag Offshore Limited01-10-2019 Public Announcement of Liquidation Process-Novex Private Limited30-09-2019 Public Announcement of Voluntary Liquidation Process-NCC Finance Limited10-10-2019 Public Announcement of Voluntary Liquidation Process-M. P. Designs Private Limited12-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Multiple Hotels Pvt. Ltd.05-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Finecrete Eco Blocks ...
Update from IBBI – 25 September – 15 October 2019
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Update from IBBI – 25 September – 15 October 2019

Update on Public Announcements and Invitation of Resolution Plans from Insolvency and Bankruptcy Board of India mentioned below for your reference. Public Announcements 30-09-2019 Public Announcement of Corporate Insolvency Resolution Process-Sagar Power (Neerukatte) Pvt. Ltd.05-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Prasad Properties and Investments Pvt. Ltd.05-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Saiyed Paper Mills Ltd.07-10-2019 Public Announcement of Corporate Insolvency Resolution Process- Khati Design Pvt. Ltd.04-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Sreedevi Digital Systems Pvt. Ltd.25-09-2019 Public Announcement of Corporate Insolvency Resolution Process-Sri Gurupr...
Update from IBBI – 02 October – 14 October 2019
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Update from IBBI – 02 October – 14 October 2019

Update on Public Announcements and Invitation of Resolution Plans from Insolvency and Bankruptcy Board of India mentioned below for your reference. Whats New 14-10-2019 - Invitation of application for 3rd Advanced IP Workshop at Mumbai on 15th November and 16th November, 201910-10-2019 - Invitation of application for 2nd Advanced IP Workshop at Chandigarh on 1st November and 2nd November, 2019 Public Announcements 02-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Rajasthan Drugs and Pharmaceuticals Ltd.05-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Amitech Textiles Ltd.10-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Unique Roof Pvt. Ltd.10-10-2019 Public Announcement of Corporate Insol...
Update from IBBI – 17 September – 20 November 2019
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Update from IBBI – 17 September – 20 November 2019

Update on Public Announcements and Invitation of Resolution Plans from Insolvency and Bankruptcy Board of India mentioned below for your reference. Public Announcements 01-10-2019 Public Announcement of Corporate Insolvency Resolution Process-KK Milk Fresh India Ltd.28-09-2019 Public Announcement of Corporate Insolvency Resolution Process-Shree Vishnu Power & Energy Pvt. Ltd.28-09-2019 Public Announcement of Corporate Insolvency Resolution Process-Adya Oils & Chemical Ltd.30-09-2019 Public Announcement of Corporate Insolvency Resolution Process-Kaba Infratech Private Ltd.02-10-2019 Public Announcement of Corporate Insolvency Resolution Process-Him Valves & Regulators Pvt. Ltd.26-09-2019 Public Announcement of Corporate Insolvency Resolution Process-Trivandrum Spi...