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Ministry of corporate affairs (MCA)

Amendment in Rules:
  1. Companies (Share Capital and Debentures) Third Amendment Rules, 2015: Central Government has in exercise of the powers conferred by sub-sections (l) and (2) of section 469 of the Companies Act, 2013 (18 of 201 3) on 06.11.2015 further amended Companies (Share Capital and Debentures) Rules, 20l4 by adding sub-clause (iv) in sub-rule (l), in clause (a) after sub-clause (iii) of Rule 18 as under:

    "“(iv) Companies permitted by a Ministry or Department of the Central Government or by Reserve Bank of India or by the National Housing Bank or by any other statutory authority to issue debentures for a period exceeding ten years”

    This amendment shall come into force from the date of their publication in the Official Gazette.

  2. Companies (Management and Administration) Third Amendment Rules, 2015: Central Government has in exercise of the powers conferred under sub-sections (2) and (3) of section 92 read with sub-sections (1) and (2) of section 469 of the Companies Act 2013(18of2013) on 16.11.2015 further amended Companies (Management and Administration) Rules. 2014 by substituting Form No. MGT-7 in Companies (Management and Administration) Rules, 2014.

    This amendment shall come into force from the date of their publication in the Official Gazette.

Circulars:
  1. Relaxation of additional fees and extension of last date of in filing: The Ministry of Corporate Affairs has in continuation to its General Circular 14/2015 dated 28.10.2015 issued another General circular No. 15/ 2015 dated 30.11.2015 wherein MCA had decided to relax the additional fees payable on e-forms AOC4, AOC (CFS) AOC-4 XBRL and e- Form MGT-7 up to 30.12.2015, wherever additional fee is applicable.

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