Extension of filing date for Forms 23AC and ACA ( Form for filing of Balance Sheet and Profit and Loss Account)

The
Ministry has vide General Circular No.30/2012 Dated 28.09.2012,
extended the due date of filing the e-forms 23AC(Non-XBRL) and 23ACA
(Non XBRL) as per new schedule VI as follows, to ensure smooth filing
and to avoid last minute rush, without any additional fee :-

• Company holding AGM or whose due date for holding AGM is on or before
  20.09.2012, the time limit will be 03.11.2012 or due date of filing,
  whichever is later.

•  Company holding AGM or whose due date for
  holding AGM is on or after 21.09.2012, the time limit will be 22.11.2012
  or due date of filing, whichever is later.

Entension of time limit for filing form 23B (Form for Intimation of Appointment of Auditors)

The
Ministry of Corporate Affairs has vide General Circular No.31/2012
dated 28.09.2012 extended the filing of e-form 23B without any
additional fee till 23.12.2012 or due date of filing whichever is later.
All are advised to file e-form 23B after 22.11.2012 to avoid system
congestion. For full circular –

MCA Front offices situated at
Delhi, Chennai, Mumbai and Kolkata are being discontinued with effect
from 8th of October, 2012 , and hence, will not be available to offer
any assistance to MCA stakeholders.

Amendment to companies (issue of indian depository receipts) rules

The
Ministry of Corporate Affairs has issued the Companies (Issue of Indian
Depository Receipts) Amendments Rules 2012. The Rule 10 (i) of
Companies (Issue of Indian Depository Receipts Rules, 2004 has been
substituted as follows: “ A Holder of IDR’s may transfer the IDR’s, may
ask the domestic depository to redeem them or, any person may seek
reissuance of IDR’s by conversion of underlying equity shares, subject
to the provisions of the Foreign Exchange Management Act, 1999,
Securities and Exchange Board of India Act, 1992, or the rules,
regulations or guidelines issued under these Acts, or other law for the
time being in force.”

They shall come into force from the date of publication in the Official Gazette.