03/03/2015-
General circular 03/2015: Clarification in relation to filing of Form DIR-11& DIR-12 under the CA 2013 In the absence of authorised signatories, even after resignation as a director, the resigned director is permitted to sign DIR- 12 (Particulars of appointment of directors and the key managerial personnel and the changes among them) to facilitate compliance.

24/02/2015- The Companies (Declaration and Payment of Dividend) Amendment Rules, 2015 Inserts a footnote missed out in the original circular G.S.R 397€ dated 12th June, 2014 24/02/2015 –The Companies (Registration Offices And Fees) Amendment Rules, 2015 Changes made: (a)In rule 10, after sub-rule (6), the following sub-rule shall be inserted, namely:-

“7. Any further information or documents called for, in respect of application or e-form or document, filed electronically with the Ministry of Corporate Affairs shall be furnished in Form No. GNL-4 as an addendum”

(b) In the Annexure, after Form No. GNL- 3, the following Form shall be inserted, namely:-Form No.GNL-4

16/02/2015- The Companies (Indian Accounting Standards) Rules, 2015 Indian Accounting Standard (Ind AS) mandated for companies whose securities are listed in stock exchange and net worth in excess of Rs.500 crores. With effect from FY 2016-17

13/02/2015 -The Companies (Removal of difficulties) Order, 2015 Companies (Removal of Difficulties) Order, 2015 has been released by MCA dated February 13, 2015 to remove the anomaly in definition of small company - Section 2(85) and allow banking company or an insurance company or a housing finance company to acquire securities in its ordinary course of business- Section 186(11)(b)

Section 2(85) definition of a small company modified. Small company needs to satisfy all the following criteria:
1. Other than a public company,
2. Paid up capital does not exceed fifty lakh rupees (or higher amount prescribed),
3. Turnover does not exceed two crore rupees (or higher amount prescribed)
4. Not a holding or subsidiary company of any company (including a private of public company)
5. Not a company registered under Section 8 of this Act
6. Not a company or body corporate governed by any special Act. Section-186 amended to exclude acquisitions made by a banking company or an insurance company or a housing finance company, making acquisition of securities in the ordinary course of its business from the provisions of Section- 186 (1) related to making investments through more than two layers of investment companies.

03/02/2015- General circular 01/2015: Constitution of a high level committee for the progress of CSR policies by companies under Section 135 High Level Committee constituted to:
1. Recommend suitable methodologies for monitoring compliance of the provisions of CSR by the Companies.
2. Suggest measures to be recommended by the Government for adoption by the companies for systematic monitoring and evaluation of their own CSR initiatives.
3. Make suitable recommendations, if a different monitoring mechanism is warranted for Government Companies undertaking CSR.
4. Identify strategies for monitoring and evaluation of CSR initiatives through expert agencies.