Monday 28 July 2014

Snapshot of MCA Notifications JAN - JUN 2014

The Ministry of Corporate Affairs has issued several Notifications on Companies Act 1956 and Rules thereof. The following is the consolidated list of Notifications from January to June 2014 issued by the MCA. The following is just a summary of the subject matter of the notification.  For those Notifications, which are not required to be known, the same lines contained in the MCA website are kept as it is. The rest I have managed to put the subject in crisp.

The link of the Notification number lead to the respective page in MCA website for more information on the same.


S.No
Notification No.
Date
Essence of the Notification
1
27.02.2014
Schedule VII of the Companies Act 2013 amended. Areas in which CSR projects can be undertaken, stands modified by this Notification
2
31.03.2014
The words ‘‘promoting preventive health care’’ in the above Notification shall read ‘‘promoting health care including preventive health care
3
27.02.2014
Section 135 of the Companies Act and Schedule VII (Provisions relating to Corporate Social Responsibility) became effective since 01.04.2014
4
27.03.2014
Notification giving effect to provisions of Sections of Companies Act 2013 from 01.04.2014
5
27.03.2014
Nomenclature of various forms prescribed under the provisions of Companies Act, 2013. Forms under the new Act are named in an Alphanumeric manner.
6
31.03.2014
Amendments in Schedule V
Part A in Paragraph 3 and part C in Paragraph 5 are amended by this Notification.
The heading “Notes ” appearing after Part C of Para 5 stands omitted
7
21.05.2014
Under Section 458 of the Companies Act 2013, The Central Government delegates its Powers to the Regional Directors at Mumbai, Kolkata, Chennai, Noida, Ahmedabad, Hyderabad and Shillong, with respect to the following sections – 8 (4)(i), 8(6) - Formation of Companies with charitable objects etc
13 (4) & (5), -Alteration of Memorandum
16, - Rectification of Company name
87, - Rectification by Central Government in register of charges 
111 (3), - Circulation of member's resolution
140 (1), - Removal / Resignation of Auditors and  giving of special notice.
399(1)(i) - Inspection, Production and evidence of documents kept by Registrar.

8
21.05.2014
The Central Government delegates its powers to the Regional Director, Joint Director, Deputy Director or Assistant Director posted in the office of Regional Director at Noida in respect of the following sections – 153 and 154 (Allotment of Director Identification Number)

9
21.05.2014
Under Section 458 of the Companies Act 2013, The Central Government delegates its Powers to the Registrar of Companies, with respect to the following sections – 
4(2), - Incorporation of Companies
8 (1), 8(4)(i)[except conversion into another kind of Company], 8 (5), - Formation of Companies with charitable objects etc
13 (2)Alteration of Memorandum
10
06.06.2014
Section 74 of the Companies Act 2013 (Repayment of Deposits accepted before the Commencement of the Act) became effective from 06.06.2014
11
13.06.2014
Establishment of Office of Official Liquidator for the state of Telengana
12
13.06.2014
Establishment of Office of Registrar of Companies for the state of Telengana






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