2015 Archives

Relaxation of additional fees and extension of last date of filing of AOC-4, AOC-4 XBRL and MGT-7 E-Forms under the Companies Act, 2013 – reg. – MCA General Circular No. 14/2015 dated 28.10.2015

October 28, 2015 / 1 minute of reading

General Circular No.14/2015 F.01/34/2013-CL.V No. Government of IndiaMinistry of Corporate Affairs ***** 5th Floor, A Wing, Shastri Bhawan Dr. […]

Relaxation of additional fees and extension of last date of filing of AOC-4, AOC-4 XBRL and MGT-7 E-Forms under the Companies Act, 2013 – reg. – MCA General Circular No. 14/2015 dated 28.10.2015 Read Post »

Extension for a period of one month for the High Level Committee on CSR – reg. – MCA General Circular No. 13/2015 dated 16.09.2015

September 16, 2015 / 2 minutes of reading

General Circular No. 13/2015 F. No.05/09/2014-CSR Government of IndiaMinistry of Corporate Affairs 5th Floor, A-Wing, Shastri Bhawan Dr. Rajendra

Extension for a period of one month for the High Level Committee on CSR – reg. – MCA General Circular No. 13/2015 dated 16.09.2015 Read Post »

Notification for amendment in S.O.2425(E) dated 18.09.2014 – section 210A of Companies Act 1956 – MCA Notification No. SO-2462(E) dated 10.09.2015

September 10, 2015 / 3 minutes of reading

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 10th September, 2015 S.O. 2462(E).—In exercise of the powers conferred by sub-section (1)

Notification for amendment in S.O.2425(E) dated 18.09.2014 – section 210A of Companies Act 1956 – MCA Notification No. SO-2462(E) dated 10.09.2015 Read Post »

Notification regarding sub-section (6) of section 129 of the Companies Act, 2013 (18 of 2013) – MCA Notification No. SO-2437(E) dated 04.09.2015

September 4, 2015 / 2 minutes of reading

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 4th September, 2015 S.O. 2437(E).—In exercise of the powers conferred by sub-section (6)

Notification regarding sub-section (6) of section 129 of the Companies Act, 2013 (18 of 2013) – MCA Notification No. SO-2437(E) dated 04.09.2015 Read Post »

Notification regarding sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013) – MCA Notification No. GSR-679(E) dated 04.09.2015

September 4, 2015 / 2 minutes of reading

MINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 4th September, 2015 G.S.R. 679(E).—In exercise of the powers conferred by sub-section (1)

Notification regarding sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013) – MCA Notification No. GSR-679(E) dated 04.09.2015 Read Post »

Extension of time for filing of cost audit report to the Central Government for the Financial Year 2014-2015 in form CRA-4 — reg. – MCA General Circular No. 12/2015 dated 01.09.2015

September 1, 2015 / 1 minute of reading

General Circular No. 12/2015 No.52/22/CAB//2015 Government of IndiaMinistry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan,New Delhi: 110001.Dated:

Extension of time for filing of cost audit report to the Central Government for the Financial Year 2014-2015 in form CRA-4 — reg. – MCA General Circular No. 12/2015 dated 01.09.2015 Read Post »

Clarification with regard to circulation and filing of financial statement under relevant provisions of the Companies Act, 2013-reg. – MCA General Circular No. 11/2015 dated 21.07.2015

July 21, 2015 / 3 minutes of reading

General Circular No. 11/2015 No. 1/19/2013-CL-V Government of IndiaMinistry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan, Dr

Clarification with regard to circulation and filing of financial statement under relevant provisions of the Companies Act, 2013-reg. – MCA General Circular No. 11/2015 dated 21.07.2015 Read Post »

Relaxation of additional fees and extension of last date of in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act, 2013-reg. – MCA General Circular No. 10/2015 dated 13.07.2015

July 13, 2015 / 2 minutes of reading

General Circular No. 10/2015 F.No. 01/34/2013 CL-VGovernment of IndiaMinistry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan,Dr. Rajendra

Relaxation of additional fees and extension of last date of in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act, 2013-reg. – MCA General Circular No. 10/2015 dated 13.07.2015 Read Post »

Clarification on repayment of deposits accepted by the companies before the commencement of the Companies Act, 2013 under section 74 of the said Act – MCA General Circular No. 09 /2015 dated 18.06.2015

June 18, 2015 / 2 minutes of reading

General Circular No. 09 /2015 No. 1/8/2013-CL-V Government of IndiaMinistry of Corporate Affairs 5th Floor, A Wing, Shastri Bhavan,

Clarification on repayment of deposits accepted by the companies before the commencement of the Companies Act, 2013 under section 74 of the said Act – MCA General Circular No. 09 /2015 dated 18.06.2015 Read Post »

Extension of time for filing of Notice of appointment of the Cost Auditor for the F.Y. 2015-16 in Form CRA-2 and filing of cost audit report to the Central Government for the F.Y. 2014-15 in form CRA-4 – MCA General Circular No. 08/2015 dated 12.06.2015

June 12, 2015 / 2 minutes of reading

General Circular No. 08/2015 File No./1/40/2013/CL-V Government of IndiaMinistry of Corporate Affairs ‘A’ Wing, 5th floor, Shastri BhawanDr. Rajendra

Extension of time for filing of Notice of appointment of the Cost Auditor for the F.Y. 2015-16 in Form CRA-2 and filing of cost audit report to the Central Government for the F.Y. 2014-15 in form CRA-4 – MCA General Circular No. 08/2015 dated 12.06.2015 Read Post »

Chapter	Topic	Content
CH-2: General & Definitions
		Short Note on Insolvency and Bankruptcy Code, 2016 (IBC, 2016)
		Dispute and Existence of a Dispute
		Operational Debt and Operational Creditor
		Persons who may initiate Corporate Insolvency Resolution Process(CIRP)
		Analysis provisions of Limitation Act, 1963 with respect to Insolvency and Bankruptcy Code, 2016
CH-3: CIRP
	Topic-1 : CIRP Application & Withdrawal
		Analysis of Minimum amount of default under Section 4 of IBC
		Procedure of filing application by Financial Creditor before NCLT under Section 7 of the IBC
		Procedure of filing application by Operational Creditor before NCLT under Section 8 & 9 of the IBC
		Initiation of CIRP by corporate applicant under Section 10 of the IBC
		Analysis of withdrawal of CIRP proceeding pursuant to settlement under Section 12A of Insolvency and Bankruptcy Code, 2016 (IBC)
	Topic-2 : Declaration of moratorium and public announcement
		Declaration of moratorium and public announcement [Section 13, 14 & 15 of the IBC]
		All about the Moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 including judicial pronouncements
	Topic-3 : Appointment and tenure of IRP & RP
		Appointment and tenure of Interim Resolution Professional and Resolution Professional [Section 16, 22 & 27 of the IBC]
		Role of an Interim Resolution Professional and Resolution Professional
	Topic-4 : Management of affairs by IRP
	Topic-5 : Receive and collate all the claims submitted by creditors
	Topic-6 : Committee of creditors and meetings
		Constitution of Committee of Creditors under Section 21 of IBC
		Role of Committee of Creditors & It’s Commercial Wisdom
		Analysis of provisions on Authorised Representative under IBC
		Meetings & Voting of the Committee of Creditors under Section 24 of the IBC
	Topic-7 : RP to conduct the CIRP and manage the operations
		Resolution Professional to conduct the CIRP and manage the operations of the Corporate Debtor
		Insolvency Resolution Process Costs & Essential supplies
		To identify preferential transactions under Sec. 43 of the Code in any CIRP, step to be taken by a Resolution Professional
	Topic-8 : CIRP and Resolution Plan
		Information Memorandum, Expression of Interest, Request for Resolution Plans & Resolution Plans
		Role of the prospective resolution applicant
		Persons not eligible to be Resolution Applicant [Sec. 29A of IBC]
		Submission and approval of the Resolution Plan
		Liability for prior offences under Section 32A of the IBC
CH-4 : Liquidation Process
	Topic-1 : Initiation of Liquidation
	Topic-2 : Appointment & Remuneration of Liquidator
		Appointment & Remuneration of Liquidator under Sec. 34 of IBC
		Powers and duties of Liquidator under Sec. 35, 37 of IBC
	Topic-3: Liquidation Estate
	Topic-4: Public announcement, Preliminary report, Early dissolution and Progress reports under Liquidation
	Topic-5: Claims under Liquidation
	Topic-6: Preferential, undervalued and Extortionate Credit Transactions
		Preferential, Undervalued and Extortionate Credit Transactions under Sec. 43, 44, 45, 46, 47, 48, 49, 50, 51 of IBC
		To identify preferential transactions under Sec. 43 of the Code in any CIRP, step to be taken by a Resolution Professional
	Topic-7: Secured Creditor in Liquidation Proceedings
	Topic-8: Realisation of Assets in Liquidation Proceedings
	Topic-9: Proceeds of Liquidation and Distribution of Proceeds
CH-5 : Personal Guarantor
		Chapter VIII Indemnity and Guarantee of Indian Contract Act, 1872
		All about Personal Guarantor under IBC Part-I
		All about Personal Guarantor under IBC Part-II
		Insolvency Resolution Process Regulation
		Bankruptcy Process for PG Regulation
		IRP Application to AA Rules
		Bankruptcy Process Application to AA Rules