Tuesday, 22 May 2012

W.e.f. 20-05-2012 form no.8, 10 and 17 can be filed even if Annual Forms have not been filed by Cos. General circular no.09/2012 dated 15-05-2012.


SECTION 610 OF THE COMPANIES ACT, 1956 - INSPECTION, PRODUCTION AND EVIDENCE OF DOCUMENTS KEPT BY REGISTRAR - COMPLIANCE OF PROVISIONS OF THE COMPANIES ACT, 1956 AND RULES MADE THEREUNDER - ACCEPTANCE OF SPECIFIED E-FORMS FILED BY DIRECTORS OF DEFAULTING COMPANIES
GENERAL CIRCULAR NO. 09/2012, DATED 15-5-2012
The Ministry had issued general circular no. 33/2011, dated 1-6-2011 wherein it was, inter alia, stated that in order to ensure corporate governance and proper compliances of the provisions of the Companies Act, 1956, it had been decided that no request, whether oral, in writing or through e-Forms, for recording any event based information/changes shall be accepted by the Registrar of companies from such defaulting companies, unless they file their updated balance sheets and annual returns with the office of the Registrar of Companies. Further, the Ministry has issued General Circular No. 63/2011, dated 6-9-2011, wherein it was stated that in the interest of stakeholders certain event based information/changes were allowed to be filed and accepted by the Registrar of companies from such Defaulting Companies.
2. Now on requests received from various Corporates & Professionals and difficulties experienced by the stakeholders in filing Form No.8 and Form No.10 (for modification of charges under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI), it has now been decided to accept filing of the followings Forms:-
(a)Form No.8 and Form No.10Particulars of modification of charge(s) under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
(b) Form 17Particulars of Satisfaction of Charge(s) from defaulting companies also.
3. This circular shall be effective from 20-5-2012.

UPDATES:


1. The Government on Monday tabled the much awaited white paper on black money in Parliament which did not disclose any name but made a strong case for setting up Lokpal and Lokayuktas to deal with the menace.
2.  W.e.f. 20-05-2012 form no.8, 10 and 17 can be filed even if Annual Forms have not been filed by Cos. General circular no.09/2012 dated 15-05-2012.

Sunday, 20 May 2012

Saturday, 19 May 2012

UPDATES:


1.  The Rajya Sabha on Thursday passed the Copyright Amendment Bill, after the Congress leadership and the leader of opposition, Arun Jaitley came together to back the long pending legislation.
2.  Soon, insurance companies in India will not be able to pass on a majority of their risk to reinsurers.

Friday, 18 May 2012

ICSI Admit Card June 2012 Session

ICSI Admit Cards 2012 | ICSI Admit Card June 2012 Session | ICSI Results 2012 | ICSI


 Sample Papers |icsi.indiaeducation.net

ICSI Admit Cards June 2012 Session, The Institute of Company Secretaries of India, ICSI 



Admit Cards, CS Results, 


CS Course Syllabus, Company Secretary Course


http://icsi.indiaeducation.net/

Thursday, 17 May 2012

UPDATES:


1.  Commissioner Service Tax, New Delhi has released list of CA/CMA selected for empanelment in Service Tax for special audit. Kindly check your status on their website.
2.  Due to electronic challan cum return, from next month onwards employees can check Provident Fund balance on a monthly basis instead of yearly basis at present.
3.   EEFC balances to be converted to Rupees in EEFC A/c after netting off outstanding forward / option contracts booked before 10-05-2012. Reserve Bank of India Circular 128 date 16-05-2012.

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