Forms have become alphanumeric. Format are prescribed. Time limits are different for different forms. Things have become bit complicated. An attempt has been made to decode all the comlicacies

1. Presented By
AJAY GARG WITH NITIN RAWAT
Team AGBians

2. Under CA1956, we used to
work with single DSC
Will Single DSC still serve the
purpose for Incorporation? If
not then why?
Team AGBians

3. Under CA 1956, we never
procured rather never
asked such specific
letters from Client
Companies?
Why needed now? Is there
any prescribed format?
Team AGBians

4. THE INCORPORATION SEEM
TO BE VERY DIFFICULT TODAY
AND TIME CONSUMING TOO
WHAT ARE THE FORMS
RELATED TO
INCORPORATION? AS A
PROFESSIONAL WHAT
PRECAUTONS SHALL I TAKE
WHILE INCORPORATING
COMPANY?
Team AGBians

5. Team AGBians
Annual Filing

6. Annual Filing 2014-15 Onward
Team AGBians
OLD
FORMS
Form 23AC
Form 23 ACA
FORM - 20 B
FORM 66
NEW
FORMS
AOC – 4
MGT – 7 (Annual Return) C No.
22/2014
MGT – 8 (Certificate from PCS)
MR – 3
(SEC. AUDIT)

7.  Special Resolution for Borrowing
Powers – MGT14
 Related Party Transactions –
MGT14
 Appointment / Regularization of
Independent Directors –
MGT14/DIR12
 Appointment / Regularization of
Woman Director – MGT14/DIR12
 App./Reapp. of Auditor for 5 or
less than 5 years – ADT1+GNL2
 Remuneration of Cost Auditor
Team AGBians
NOTICE OF AGM

8. Existing KMP
Form MR – 1 (Return of
Appointment)
Within 60 days of
Appointment
MGT – 14 (Registration of
Resolution for appointment)
Team AGBians
EXISTING KMPs

9. NEW AND SUBSEQUENT KMPs
Appointment of KMP
Form MR – 1 (Return of
Appointment)
Team AGBians
Within 60 days of
Appointment
From MGT – 14
Form DIR - 12

10. AUDITOR
Appointment of Auditor
S-139
Format ADT – 1 Form GNL -2
Annexure: Consent and
Eligibility Certificate
(Within 15 Days from the date
of Meeting)
Responsibility Shifted on
Company
Team AGBians

11. AUDITOR
Resignation of
Auditor S 140
Format ADT – 3
Form GNL – 2
(Within 30 Days from the date
of meeting to Company and
ROC)
Responsibility of Filing on
Auditor
Team AGBians

12. AUDITOR
Removal of Auditor
S 140
Central Government Approval
+ Shareholders Approval
Format ADT – 2
Form GNL - 1
General Meeting – within 60
Days from receipt of approval
Team AGBians

13. COMPANY LAW SETTLEMENT SCHEME
PURPOSE
SAVING ELIGIBILITY TO BECOME
DIRECTOR 164(2)(a)
REGULARIZATION OF
IRRGEUALR COMPANY
TO PROCURE STATUS OF
DORMANT COMPANY
TO AVAIL FAST TRACK EXIT
SCHEME
FORM – CLSS -2014 G.C 34/2014
Team AGBians

14. COMPANY LAW SETTLEMENT SCHEME
Eligible Forms
Form 20B, 21A
Form 23AC , 23ACA, 66,
23B
Form FTE
Form MSC – 1
Team AGBians

15. EARLIER THE CONCEPT OF
DORMANT COMPANY WAS NOT
THERE. MANY OF MY CLIENTS
HAVE MORE THAN ONE
COMPANY BUT THEY DO NOT
FORESEE BUSINESS ACTIVITIES
IN SOME OF SUCH COMPANIES
IN NEAR FUTURE
WHICH FORM I NEED TO FILE TO
TAKE ADVANTAGE OF DORMANT
COMPANY STATUS?
Team AGBians
DORMANT COMPANY

16. DORMANT COMPANY
Application for status of
Dormant Co.
Form MSC – 1 with GNL - 1
Form MGT – 14
Certificate from ROC
Format – MSC – 2
Return of Dormant Co.
Form MSC - 3
Team AGBians

17. DORMANT COMPANY
APPLICATION FOR STATUS
OF ACTIVE CO.
Format MSC – 4 with GNL -
1
Form MGT – 14
CERTIFICATE FROM ROC
Format – MSC – 5
Team AGBians

18. Documents:
•No Objection Certificate
•Board Resolution Copy
•Application for striking off
•Address Proofs of Directors
•Annexure –A : Affidavit (to be given
individually by every Director)
•Annexure –B : Indemnity Bond (to be
given individually or collectively by every
Director)
•Annexure –C : Statement of Accounts <
one month old
Form: FTE
Fees : Rs. 5000/-
Team AGBians
FAST TRACK EXIT

19. WHAT’S NEW – LISTED ENTITY
Change in Shareholding Pattern
Section -93
Form MGT - 10 Listed companies to be more vigilant and
informative
Change in shareholding pattern of
•Promoters
•Top 10 shareholders
Team AGBians

20. WHAT’S NEW – LISTED ENTITY
Report on AGM
Section -121
Format MGT - 15
AGM Happenings
No format prescribed till now
Team AGBians

21. FORM FOR COMPOUNDING
LATE FILING
COMPOUNDING
Filing of any Form –
Within 15/30 Days as
may be prescribed
+
270 Days (S - 403)
Form - GNL -1
Team AGBians

22. Write to mcahelpdesk
Call to MCA HelpDesk at : 0124-
4832500
Raise the ticket for individual
problems
E-mail the difficulty to MCA officers
involved in project: Mr. Sanjay Gupta ;
Mr. Anil Kumar Bhardwaj
Write to officers of Infosys
bhasker_s@infosys.com /
mayank_wadhera@infosys.com
Team AGBians

23. • Complete set of Annexures.
• Scan Impression -Clear and
Readable
• False, Misleading,
Omission, Incomplete
Information
• Counter Certificates – for
gaps, if any
• Attach Explanation
wherever any aspect is
missing.
GC No.
10/2014 Dt.
07/05/2014
Team AGBians