February 22, 2023

MCA Update: Extension in filing of various forms and filing of forms in physical manner

∆ MCA vide General Circular No. 04/2023 dated 21st February, 2023 has further extended, due date for filing of filing of 45 e-forms, Form PAS-3 and Incorporation related forms without Additional Fees till 31st March, 2023.

∆ MCA vide General Circular No. 05/2023 dated 22nd February, 2023, has allowed filing of following forms in physical manner due between 22nd February, 2023 to 31st March, 2023 

(i) Form GNL-2 (Filing of prospectus related documents and private placement), 
(ii) MGT-14 (Filing of Resolutions relating to prospectus related documents, private placement), 
(iii) PAS-3 (Allotment of Shares), 
(iv) SH-8 (Letter of offer for buyback of own shares or other securities), 
(v) SH-9 (Declaration of Solvency) and 
(vi) SH-11 (in respect of buy-back of securities) 

✓ To read MCA Circular, please click here 

February 08, 2023

SEBI Update: Authorisation to Company Secretary under Buy-back Regulations

∆ SEBI vide its Notification dated February 07, 2023 issued SEBI (Buy-Back of Securities) Regulations, 2018.

✓ Under the Regulation 11(i), 11 (iii) and 21 (iii) of said regulations, now Secretarial Auditor of the Company authorised (in stead of the Statutory Auditor) to witness the extinguishment of the certificates bought back pursuant to Buyback of securities and to issue a certificate of compliance in this regard.

✓The provisions of these Regulations shall be effective from March 09, 2023.

✓ To read amended regulations of Buy-Back of Securities, please click here 

February 07, 2023

MCA Update: Extension in filing of forms due to update in website version

∆ Ministry of Corporate Affairs vide circular dated 7th February, 2023 extended due time by....

✓15 days for filing of 45 e-forms (including incorporation forms) without paying additional fees.

✓ 15 days for filing of e-form PAS 3 (whose due date occurred between 20.01.2023 to 06.02.2023) without paying additional fees.

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