1. Recent Developments in Companies Act, 2013
CS. Devendra V Deshpande
Company Secretary

2. Topics Covered
Directors Disqualification, Revival of Companies & Activation
Significant Beneficial Ownership
Demat of Shares of Public Companies
Section 185
DIR 3 – KYC and Filing
DPT 3 – Notification
MSME Notifications
Section 465
Adjudication and penalty
Company Active Form – 22A

3. Disqualification revival and Activation
Disqualified in which Company?
Vacation in which Company?
Can it be removed and effect of CODS after revival of the Company?
Whether DIR 3 KYC non filing is disqualification?
Revival of Companies current scenario
Date of Annual General Meeting for after revival
Compounding
1 Director on /

4. SBO Significant beneficial Ownership Section 89 and Section 90
10% Calculation
Finding an Individual
BEN 1 and BEN 2 filing

6. Demat of Shares Whether Mandatory?
Cut off date and Further issue / transfer of shares
Demat of Shares with NSDL / CDSL
Half yearly return
Exemptions

7. Section 185 Individual Director Firms of Director
Companies / Body Corporate in which the Director is Interested
LLP
Effect of exemption notification dated

8. DIR 3 KYC Annual Compliance Attachments – Latest Utility Bills
Validity of documents attested
Effect of non KYC
Annual Filing with non KYC DIN
Resignation / demise of Director without KYC

9. DPT 3 Deposits / Exempted Deposits / Both One Time Return
Annual Return
Applicable to All Companies
Outstanding period for One time Return VIMP
What is to be included in amount not being a deposit (Tricky points)

10. MSME 2 Compliances 2 kinds of Companies are specified
1 for Registration and other for half yearly Return
Section 9 of MSME

12. Section 465 30.01.2019 Repeal of Companies Act, 1956
Section 67 of LLP Act
Producer Companies Provisions
Saving of earlier provisions of repealed enactments

13. The Companies (Amendment) Ordinance, 2018
Fine and Penalty
Whether it is Effective?
Whether the forms are amended or introduced?
Verification of Registered Office
Commencement of Business
Valuer

14. Adjudication and penalty
ROC to be adjudication officer
1st Notice 15 – 30 days
Reply in E mode – extension 15 days
Hearing and appearance within 10 days
Penalty would be imposed
Appeal to RD – 60 days

15. FORM 22A – ACTIVE COMPANY Prefill Correct the data email etc
Disqualified / non active Directors then cant be filed
NO KMP including CS – can not be filed
Geo Tagging
If not filed then penalty and Company would not be able to file forms with MCA

16. Geo tagging

17. Any questions ?
Thank you
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