Corporate Identification Number

What is Corporate Identification Number (CIN)?

CIN stands for Corporate Identification Number. At the time of the incorporation, the Registrar of Companies (ROC) allots unique number to every company, known as Corporate identification number (CIN) of that company. The Power to allot Corporate identification number (CIN) lies with the Registrar of the Companies (ROC) functioning in various states under the Ministry of Corporate Affairs (MCA), Government of India. Corporate identification number (CIN) is unique for all companies irrespective of whether the Company […]

Extension for convening Annual General Meeting

Extension for convening Annual General Meeting (AGM)

The Power to grant extension for convening Annual General Meeting (AGM) lies with the Registrar of Companies (ROC). Section 96 of the Companies Act, 2013 requires every Company other One Person Company (OPC) to conduct once a year a meeting, in addition to any other meeting, for its members, called as Annual General Meeting. The First Annual General Meeting shall be held within nine months from the closing of the first financial year. Subsequent, All […]

Extension for expiration of reservation of name and change in name by MCA

In view of the extended lockdown due to COVID-19, The Ministry of corporate affairs (MCA) has granted extension for expiration of reservation of name for company incorporation by 20 days from May 31 for those reserved names that were expiring between May 15-31. Similarly, in case of existing companies, the Extension for expiration of reservation of name for change in name was extended for another 60 days from May 31, said the notification released on […]

Clarification on holding of Annual General Meeting (AGM) through video conferencing (VC) or other audio visual means (OAVM)

On account of COVID-19 outbreak, several representations have been received by the Ministry of Corporate Affairs (MCA) for providing some relief measures in the provisions of the Companies Act, 2013 (the Act) and rules made thereunder for holding Annual General Meeting (AGM) in a manner provided in the General Circular dated April 8, 2020 (EGM Circular –I) and General Circular dated April 13, 2020 (EGM Circular –II) Earlier MCA vide General Circular dated April 21, […]

LLP Settlement Scheme, 2020

The Government had noticed that large number of LLPs have defaulted in filing various forms and in complying with the statutory requirements. An additional fees of Rs.100 per day till the day default continues is payable along with the regular fee payable by the LLP for filing such defaulted forms and documents. To lower the financial burden and considering various representations received by the stakeholders, the Ministry of Corporate Affairs (MCA), Government of India has […]