COMPLIANCE REQUIREMENT UNDER THE COMPANIES ACT OF 2013 AND THE RELATED RULES
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Laws/Acts in force
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Deadlines |
Particulars of Compliance |
Filing mode / Forms |
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Companies Act, 2013
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within 30 days of gaining beneficial interest |
Filing of form BEN-2 in accordance with the Companies (Significant Beneficial Owners) Rules, 2018. (the date on which the declaration was received in BEN-1) |
On July 1, 2019, the Ministry (ROC) implemented Form BEN – 2 (e-form). |
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Companies Act, 2013
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Compliance just once |
Filing of the company's and its registered office's information (by every company incorporated on or before the 31.12.2017.) |
INC -22A Active Form |
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Companies Act, 2013
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Compliance on an annual basis (30.09.2021) |
*DIN KYC through DIR 3 KYC Form is a once-a-year exercise. The deadline for submitting DIR-3 KYC for the fiscal year 2020-21 is September 30, 2021.
Annual Exercise: CLICK HERE Penalty after due date is Rs. 5000/-(one time) |
DIR E-Form – 3 KYC (Web Based and E-form)
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Companies Act, 2013 |
Within 15 days of an auditor's appointment. |
The Ministry confirmed in its General Circular No. 12/2018 dated December 13, 2018 that the filing of Form NFRA-1 is solely relevant to Bodies Corporate and that filing by Companies as specified in sub-section (20) of Section 2 of the Act is not permitted. |
E – NFRA-1 Form |
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Companies Act, 2013 |
30 days after the board meeting |
Resolutions on the Board Report and Annual Accounts must be filed with the ROC. The specifics of the resolutions that were passed should be filed. |
MGT-14 (Filing of resolution with MCA) |
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Companies Act, 2013 |
Within 60 (sixty) days of the end of each half-year |
Share Capital Audit Report Reconciliation (Half-yearly) Companies (Prospectus and Allotment of Securities) Rules, 2014, sub-rule Rule 9A (8) All unlisted and considered public firms must file. Until additional clarification is provided in GNL-2, |
E-Form PAS – 6 |
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Companies Act, 2013 |
30th June, 2021 |
Every firm is required to submit DPT 3 for outstanding loans on an annual basis.
The Companies (Acceptance of Deposits) Amendment Rules, 2019, are now in effect. |
E-Form DPT – 3 |
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Companies Act, 2013 |
(Half Yearly basis) |
Form for filing a semi-annual return with the registrar on overdue payments to Micro or Small Enterprise. |
E-Form MSME-1 |
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Companies Act, 2013 |
Compliances that occur just once |
Registration of Entities for CSR Activities - Trust/Society/Section 8 Company must submit before accepting a donation as CSR on April 1, 2021. |
E-Form CSR-1 |
Compliance with LLPs:
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Laws/Acts in force
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Deadlines |
Particulars of Compliance |
Filing mode / Forms |
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LLP Act, 2008
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within 60 days after the conclusion of the fiscal year (last date was extended till 31.08.2021) |
LLP Annual Filing- An annual statement for reporting information of the LLP's and its partners' business for the fiscal year 2020-21. For each day of delay, a penalty of Rs 100 would be imposed (starts from 01.06.2021) |
Form LLP-11
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IMPORTANT MCA UPDATE FOR THE MONTH OF AUGUST 2021:
1. The CSR credit must be used within three years: MCA
According to the ministry of corporate affairs (MCA), the credit that firms obtain for spending on corporate social responsibility (CSR) over their yearly obligation would disappear unless adjusted against the expenditure requirements in the following three years.
The ministry stated in a series of clarifications released on Thursday that the flexibility of offsetting excess CSR expenditure in a given year against the spending obligation in the next three years, which was introduced in January this year, is applicable prospectively.
As a result, no carry forward will be permitted for any excess spending in fiscal years previous to FY21. A series of clarifications has been published to assist firms in light of recent modifications to CSR requirements. In January, the government announced parts of the Corporations Act that prescribed financial penalties for noncompliance with CSR requirements, as well as significant revisions to laws designed to hold companies more accountable and provide some spending freedom. A series of clarifications has been published to assist firms in light of recent modifications to CSR requirements.
Important Announcements – August 20, 2021
AUGUST 2021 MCA MONTHLY UPDATE CALENDAR
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Sl.
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Particulars of the Circulars |
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FAQs about Corporate Social Responsibility (CSR) -reg. |
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Amendment Rules for Companies (Appointment and Qualification of Directors), 2021 |
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Notification from the Special Court dated August 19, 2021 |
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2nd Amendment Rules for Companies (Creation and Maintenance of ID Data Banks), 2021 |
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5. |
The 2021 Limited Liability Partnership Amendment Act |
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6. |
The government warns stakeholders after 348 firms fail to fulfil the criteria for designation as a Nidhi company under the Companies Act of 2013 and the Nidhi Rules of 2014. |
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Companies (Registration of Foreign Companies) Amendment Rules, 2021 |
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Corporations (Specification of definitions details) Third Amendment Rules, 2021 |
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Notification in accordance with Section 393A of the Companies Act of 2013. |
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In the instance of Emtex Industries India Ltd., a sale notice has been issued (In Liqn.) |
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The OL Bengaluru has issued a Sale Notice in the matter of M/s. Shree Ambika Nidhi Limited (in Liquidation). |
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The MCA modifies Schedule III of the Companies Act regarding financial statement disclosure standards. |
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4,540 firms have been accepted to CIRP; 394 entities have been resolved, with 36% of claims by financial creditors being realised under IBC. |
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2021 Companies (Incorporation) Fifth Amendment Rules |
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Notification of commencement dated 22.07.2021 |
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Clarification on the use of CSR funding for COVID-19 vaccine - reg. |
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