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Proposed Amendments in COMPANIES (MISCELLANEOUS) RULES 2014

News and Press Release - Dated:- 2-2-2016 - Dormant Company 18.1 Section 455 deals with dormant company. Rule 7 of the Companies (Miscellaneous) Rules, 2014, requires a dormant company to file a Return of Dormant Company annually in Form MSC-3, inter alia, indicating the financial position duly audited by a Chartered Accountant in practice along with the annual fee as provided in the Companies (Registration Offices and Fees) Rules, 2014 within thirty days from the end of each financial year. The .....

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ect of any matter is not made within the time specified therein, that Government may, for reasons to be recorded in writing, condone the delay. The Committee discussed that for condonation of delay under Section 460, no e-Forms have been prescribed. The Committee felt that this is required in view of the ease of doing business. Therefore, the Committee recommended that, for this purpose a single pro-forma application form can be designed and necessary amendment may be made in the Rules. Power to .....

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