November 16 - November 30, 2019
COMPANY LAW
1. Extension of the date for filing Form
PAS6
Ministry of Corporate Affairs (MCA) has extended the due date
for filing Form PAS-6 (Reconciliation of Share Capital Audit
Report) for half year ended 30th September, 2019 to 60 days from
the date of the deployment of the Form. Filing within the extended
date will not attract additional fees.
Click to view the circular
2. Companies (Meetings of Board and its Powers) 2nd
Amendment, 2019
Ministry of Corporate Affairs (MCA) has amended Companies
(Meeting of Board and its Powers) rules, 2014 to change the
threshold limits in the criteria for distinguishing Related Party
Transactions (RPT) that require authorization through resolution by
the Company. The thresholds specified with absolute number is
removed and only % criteria set to determine the RPT transaction
requiring authorization through resolution by the Company:
