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ARTICLE · 02 MARCH 2020

Vistra India Update 392

Ministry of Corporate Affairs (MCA) has introduced Companies (Winding Up) Rules, 2020. These rules are applicable for winding up of Companies under Companies Act

IndiaCorporate/Commercial Law

January 16, 2020 to January 31, 2020.

COMPANY LAW

1. Companies (Winding Up) Rules, 2020

Ministry of Corporate Affairs (MCA) has introduced Companies (Winding Up) Rules, 2020. These rules are applicable for winding up of Companies under Companies Act, 2013 and will come into force on April 1, 2020.

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2. Extension of last date for filing Form AoC-4 NBFC (Ind AS) and Form AoC-4 CFS NBFC (Ind AS) for FY 2018-19 under Companies Act, 2013

Given that the Form AoC-4 NBFC (Ind AS) and Form AoC-4 CFS NBFC (Ind AS) are expected to be available on MCA portal by 17th February, 2020, Ministry of Corporate Affairs has extended the time limit for filing the forms to 31st March, 2020 without payment of additional fees.

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