Compliance Requirement Under Companies Act, 2013 and Rules made thereunder for the month of September 2020 are as follows-
| Due Dates | Compliance Particulars | Forms / Filing mode |
| Within 180 Days From The Date Of Incorporation Of The Company + An additional time of 6 more months shall be allowed by MCA (6+6 months) | As per Section 10 A (Commencement of Business) of the Companies Act, 2013, inserted vide the Companies (Amendment) Ordinance, 2018 w.e.f. 2nd November, 2018, a Company Incorporated after the ordinance and having share capital shall not commence its business or exercise any borrowing powers unless a declaration is filed by the Director within 180 days from the date of Incorporation of the Company with the ROC. | MCA E- Form INC 20A (one time compliance) |
| First declaration within 90 days from the date of notification Dt. 08.02.2019 | A person having Significant beneficial owner shall file a declaration to the reporting company i.e. within 90 days of the commencement of the Companies (Significant Beneficial Owners) Amendment Rules, 2019 i.e. 08.02.2019 In case Subsequent Acquisition of the title of Significant Beneficial Owner / Any Change therein a declaration in Form No. BEN-1 required to be filed to the reporting company, within 30 days of acquiring such significant beneficial ownership or any change therein. | Form BEN-1 Draft Format available at |
| 30.09.2020 (Due Date Extended as covered under CFSS 2020 Scheme) | Filing of form BEN-2 under the Companies (Significant Beneficial Owners) Rules, 2018. (Within 30 days from deployment of the E –form (earlier the date of receipt of declaration in BEN-1 ) BEN -2 due date extended till 31.03.2020 | Form BEN – 2 (e-form deployed by Ministry (ROC)) on 01.07.2019 |
| File between 1st April, 2020 to 30th September, 2020 without any Additional filing fee (Rs. 10,000/-) | Filing of the particulars of the Company & its registered office. (by every company incorporated on or before the 31.12.2017.) | Active Form INC -22A |
| File between 1st April, 2020 to 30th September, 2020 without any Additional filing fee (Rs. 5,000/-) | *DIN KYC through DIR 3 KYC Form is an Annual Exercise. Last date for filing DIR-3 KYC for Financial year 2018-19 has been extended till 14th November 2019 Annual Exercise: Penalty after due date is Rs. 5000/-(one time) | E-Form DIR – 3 KYC (Web Based and E-form) |
| within 60 days from the date of deployment of this form on the website of the Ministry. | Reconciliation of Share Capital Audit Report (Half-yearly) Pursuant to sub-rule Rule 9A (8) of Companies (Prospectus and Allotment of Securities) Rules, 2014 To be filed all unlisted companies, deemed public companies Till further clarification to be filled in GNL-2 Applicable w.e.f. 30.09.2019 | E-Form PAS – 6 Available w.e.f. 15.07.2020 |
| Within 270 days from the date of deployment of this Form | Annual Return To Be Filed By Auditor With The National Financial Reporting Authority | NFRA-2 (NFRA-2 e-Form live since 9th December 2019.) |
| Due date was 30.06.2020 and can be filed till 30.09.2020 under Moratorium period / CFSS | DPT 3 is a return of deposits that companies must file to furnish information about deposits and/or outstanding receipt of loan or money other than deposits. Company can file Form DPT-3 upto 30.09.2020 without any additional fee | DPT-3 |
Read Also: Books of Accounts under Companies Act, 2013
Important Updates under Companies Act
1. MCA update on Extract on Annual Return (MGT – 9)
Ministry of Corporate Affairs (MCA) vide Gazette ID CG-DL-E-28082020-221419 dated 28th day of august 2020 has issued and published the Companies (Management and Administration) Amendment Rules, 2020, In exercise of the powers conferred under sub-section (3) of section 92, read with sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Management and Administration) Rules, 2014. Applicable w.e.f. from 28th day of August, 2020.
Crux of this notification:
“Provided that a company shall not be required to attach the extract of the annual return with the Board’s report in Form No. MGT.9, in case the web of such annual return has been disclosed in the Board’s report in accordance with sub-section (3) of section 92 of the Companies Act, 2013.”
Read Also: Checklist for Director’s Board Report 2020
2. MCA Monthly Update Calendar: August 2020
| Sl. | Particulars of the Circulars | For more click here |
| 1 | Report of the Committee on Business Responsibility Reporting | Click here |
| 2 | The timeline for receiving the proposals for Research studies on Corporate Governance has expired. It will be informed when applications are being accepted again. | Click here |
| 3 | Shri Keshav Chandra, IAS (AGMUT: 1995) has been appointed as Director in the Serious Fraud Investigation Office (SFIO) under Ministry of Corporate Affairs, with effect from the forenoon of 03.08.2020, for an overall tenure of five years up to 17.12.2022 or until further orders, whichever is earlier. | Click Here |
| 4 | Filling up the posts of Joint Registrar, Deputy Registrar, Assistant Registrar, Programmer, Court Officer, Private Secretary, Senior Legal Assistant, Assistant Library Information Officer, etc. on deputation basis in National Company Law Tribunal (NCLT) Benches. – Last date of receipt of applications is 19.10.2020. | Click here |
| 5. | Clarification on Extension of Annual General Meeting (AGM) for the financial year ended 31.03.2020, Companies Act, 2013 | Click here |
| 6 | NFRA issues Audit Quality Review Report of the Statutory Audit for FY 2017-18 of IL&FS Financial Services Limited | Click here |
| 7 | Amendment of item no. (ix) in the Schedule VII of the Companies Act, 2013 | Click here |
| 8 | Amendment of the Companies (CSR Policy) Rules, 2014 of the Companies Act, 2013 | Click here |
| 9 | The timeline for receiving the proposals for Research studies on Corporate Governance has expired. It will be informed when applications are being accepted again. | Click here |
Read Also: GST Return Due date Calendar for the month of September 2020
The author of the above article is CS Lalit Rajput, Partner at Xcede Consultech LLP.
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