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Central Processing Centre (CPC) streamlines filing processes under companies law and LLP Act, promoting ease of doing business with faceless and time-bound operations
Govt has shared its promises delivered via a series of tweet highlighting the major government initiatives such as faster resolution of insolvency cases, reclaiming of shares & dividends via IEPF, setting of investment and infra fund, and establishing social stock exchange, among others
The Ministry of Corporate Affairs (MCA) has firmed up a policy framework for “pre-legislative consultation” relating to the framing of rules and regulations under laws administered by it. It suggests the explanatory note and the proposed changes will have to be placed for stakeholder comments for at least 30 days.
MCA initiates review of rules under Companies Act and LLP Act
Deadlines under Companies Act relaxed, late fee waived for various filings SECTIONS Last Updated: May 04, 2021, 08:06 AM IST Share Synopsis The relaxation of charge-related timelines shall apply in cases where the creation or modification of the charge falls between April 1 and May 31, or where due date for filing charge-related forms falls between those dates. Getty Images The corporate affairs ministry (MCA) has provided relaxations on the timelines of various statutory requirements and waived late fees for various filings under the Companies Act, LLP Act and rules till July 31 on account o...