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Budget 2024: These are the 6 key Budget promises delivered in recent past

Govt has shared its promises delivered via a series of tweet highlighting the major government initiatives such as faster resolution of insolvency cases, reclaiming of shares & dividends via IEPF, setting of investment and infra fund, and establishing social stock exchange, among others ....

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MCA floats framework for public inputs in key rule changes; seeks public comments on Companies Act, LLP Act in the first phase

The Ministry of Corporate Affairs (MCA) has firmed up a policy framework for “pre-legislative consultation” relating to the framing of rules and regulations under laws administered by it. It suggests the explanatory note and the proposed changes will have to be placed for stakeholder comments for at least 30 days. ....

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Deadlines under Companies Act relaxed, late fee waived for various filings


Deadlines under Companies Act relaxed, late fee waived for various filings
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Last Updated: May 04, 2021, 08:06 AM IST
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Synopsis
The relaxation of charge-related timelines shall apply in cases where the creation or modification of the charge falls between April 1 and May 31, or where due date for filing charge-related forms falls between those dates.
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The corporate affairs ministry (MCA) has provided relaxations on the timelines of various statutory requirements and waived late fees for various filings under the Companies Act, LLP Act and rules till July 31 on account of disruptions caused by the second wave of Covid-19.
The period between two consecutive board meetings has been extended to 180 days from 120 days for the first two quarters of this fiscal while the months of April and May will not be counted as part of the timelines for filing of charge-related forms, circulars released by the ministry on Monday said. ....

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