Saqib & Associates - Company Secretaries

21/06/2023

23/12/2022

*MCA Update*

In our continuous endeavour to serve you better, the *Ministry of Corporate Affairs is launching Second set of Company Forms*

*covering 56 forms in two different lots on MCA21 V3 portal.*

*10 out of 56 forms will be launched on 09th January 2023 at 12:00 AM*
and the *remaining 46 forms on 23rd January 2023.*

*Following forms will be rolled-out on 09th January 2023*:

_SPICe+ PART A, SPICe+ PART B, RUN, AGILE PRO-S, INC-33, INC-34, INC-13, INC-31, INC-9 and URC-1._

Click here to view list of 46 forms which will be rolled-out on 23rd January 2023.

To facilitate implementation of these forms in V3 MCA21 portal, *stakeholders are advised to note the following points:*

*_(1) Company e-Filings on V2 portal will be disabled from 07th January 2023 12:00 AM to 08th January 2023 11:59 pm for 10 forms which are planned for roll-out on 09th January 2023._*

*(2) Company e-Filings on V2 portal will be disabled from 07th January 2023 12:00 AM to 22nd January 2023 11:59 pm for 46 forms which are planned for roll-out on 23rd January 2023.*

*(3) All stakeholders are advised to ensure that there are no SRNs in pending payment and Resubmission status.*

*(4) Offline payments for the above 56 forms in V2 using Pay later option would be stopped from 28th December 2022 12:00 AM.*

You are requested to make payments for these forms in V2 through online mode (Credit/Debit Card and Net Banking).

*(5) In view of the upcoming launch of 56 Company forms, V3 portal will not be available from 07th January 2023 12:00 AM to 08th Jan 2023 11:59 pm due to 10 company forms roll-out and from 21st January 2023 to 22nd January 2023 for 46 company forms roll-out.*

*(6) V2 Portal for company filing will remain available for all the forms excluding above mentioned 56 forms.*

Stakeholders may plan accordingly.

02/05/2022

Eid Mubarak

01/05/2022

Happy to Announce that M/s Saqib & Associates has been peer reviewed by THE ICSI ✌🏻

16/08/2021

SEBI

SEBI has revised the format for disclosure of shareholding pattern of promoters and promoter group entities. Regulation 31(4) of LODR mandates that all entities falling under promoter and promoter group be disclosed separately in the shareholding pattern on the website of stock exchanges, in accordance with the format(s) specified by the Board. Currently, the shareholdings of the promoter(s) and promoter group entities are collectively disclosed under table II-Statement showing a shareholding pattern of the promoter and promoter group, which shall now be segregated into promoters and promoter group. Accordingly, in the interest of transparency to the investors, all listed entities shall now provide such shareholding, segregated into promoter(s) and promoter group. Through this circular SEBI has modified the Circular No. CIR/CFD/CMD/13/2015 dated November 30, 2015, and Circular no. SEBI/HO/CFD/CMD1/CIR/P/2018/149 dated December 07, 2018, which prescribed formats for disclosure of shareholding pattern including disclosure of holding of specified securities of promoter and promoter group, public shareholders and significant beneficial owners, respectively.

13/08/2021

MCA

MCA through its Press Release has stated various disclosures to be made by companies in their financial statements under the Schedule III of the CompaniesAct, 2013 effective from April 01, 2021, which were amended vide notification dated March 24, 2021. The new disclosures with respect to the virtual currency/cryptocurrency transactions and CSR spending was undertaken by companies during a financial year are to be provided in detail. Where the Company has traded or invested in Cryptocurrency or Virtual Currency during the year, the profit or loss on transactions involving Cryptocurrency or Virtual Currency, amount of currency held as at the reporting date, deposits or advances from any person for the purpose of trading or investing in Crypto Currency/virtual currency is required to be disclosed. Further, where the company covered under section 135 of the Companies Act, disclosures with regard to the amount required to be spent by the company during the year, amount of expenditure incurred, shortfall at the end of the year, a total of previous years shortfall, reason for the shortfall, nature of CSR activities, details of related party transactions, e-contribution to a trust controlled by the company in relation to CSR expenditure as per relevant Accounting Standard, where a provision is made with respect to a liability incurred by entering into a contractual obligation, the movements in the provision during the year should be shown separately.