Monthly Archives: April 2014

Justice RM Lodha to be next Chief Justice of India

Justice RM Lodha to be next
Chief Justice of India:

Justice Rajendra Mal Lodha will
take over as the next Chief
Justice of India from present
incumbent Justice P Sathasivam
who retires later this month, it
was officially announced on
Friday.

Justice Lodha (64), who is the
most senior judge of the apex
court after Justice Sathasivam,
will assume his new charge on
April 27 and will have a brief
tenure of five months as CJI and
is due to retire on September 27
this year.

“In exercise of the powers … the
President is pleased to appoint
Shri Justice Rajendra Mal Lodha,
Judge of the Supreme Court, to
be the Chief Justice of India with
effect from April 27, 2014,” a
law ministry statement said
here.

Documents of which Registration is Compulsory under Registration Act, 1908

The Registration Act, 1908 is most important legislation of the Land related laws. First time this act is introduce in 1908 and after that three times it was amended. Registration Act,1908 which specify the list of documents which registration is compulsory such documents contain in Section 17 (1) of the Registration Act, 1908. There are seven clauses of the said section which explain the documents which are compulsorily registered under said act those are :-

a)  Instrument of Gift of Immovable Property. ( Sec.122 of Transfer of Property Act, 1882)

b)  Other Non- Testamentary Instrument which purport or operate to create, assign,  declare, limit or extinguish whether in present or future any right title or interest i.e. vested or contingent and Rs. 100 more the value of immovable property

c)  Non- Testamentary instrument which acknowledged the receipt or payment of any consideration on account of create, assign, declare of any such title right or interest.( Consideration)

d)  Lease of immovable property which include year to year lease, lease more than one year and yearly rent reserve. Lease which explain under Sec.105 of Transfer of Property Act, 1882. In certain cases lease instrument is exempt from registration.

e)  Any Non- Testamentary Instrument which transfer or assign any court order or any decree or reward and such decree, order or reward which purport or create, assign, declare, limit or extinguish whether in present or future any right title or interest i.e. Vested or contingent and Rs. 100 more the value of immovable property. 

f)  An authority to adopt a son, not conferred by a will which mean the will is silent on that topic and this will executed on or after 1st January. 1872.

g)  any document which are contain the contract to transfer of any immovable property for consideration and this instrument is made on or after the commencement of the Registration and Other Related Laws (Amendment) Act, 2001.

The Registration of above seven instrument are compulsory under Section 17 (1) of  the Registration Act, 1908.

Here Non- Testamentary Instrument means other than Will.

Section 135 Notified under Companies Act, 2013

Section 135 Notified
under Companies Act, 2013

The Ministry of Corporate Affairs
(MCA) has notified Section 135
and Schedule VII of the
Companies Act, 2013, which
relate to Corporate Social
Responsibility (CSR) that will be
effective from April 1 2014, as part of the new Companies Act 2014. The norms will apply to companies with at least Rs 5 Crore Net Profit or Rs 1,000 Crore Turnover or Rs 500 crore net worth.

39 New Forms from 14/04/2014

39 new forms from 14/04/2014 plz read the same

First new form name is given then its purpose is mentioned and corresponding old forms details which we use to file

1.       INC-1 Application for reservation of name – old form  1A

2.       INC-2 OPC- Application for Incorporation – New form

3.       INC-3 OPC- Nominee consent form – New form

4.       INC-4 OPC- Change in Member/Nominee – New form

5.       INC-5 OPC- Intimation of cessation – New form

6.       INC-6 OPC- Application for Conversion – New form

7.       INC-7 Incorporation of Co. (Other than OPC) 1

8.       INC-18 Application to Regional director for conversion of section 8 co.

into any other kind of co. – New form

9.       INC-20 Intimation to Registrar of revocation/surrender of license issued u/s 8  – New form

10.   INC.21 Application for commencement of business old form  19, 20

11.   INC-22 Notice for situation or change of situation of registered office old form 18

12.   INC-23 Application to Regional director for approval to shift the registered office from one state to another state or from jurisdiction of one registrar to another within the state – old form 1AD,24AAA

13.   INC-24 Application for change of name old form –  1B

14.   INC-27 Conversion form Pvt. To public or vice-versa old forms –  1B, 62

15.   INC-28 Notice of order of the Court or Tribunal or any other competent authority – old form 21

16.   PAS-3 Return of allotment – old form 2

17.   SH-7 Notice to Registrar for alteration of share capital – old form 5

18.   SH-8 letter of offer – New form

19.   SH-11 Return in respect of buy back of securities – old form 4C

20.   CHG-1 Application for registration of creation or modification of charge (other than debentures) – old form 8

21.   CHG.4 Particulars of satisfaction of charge – old form 17

22.   CHG-6 Notice of appointment or cessation of receiver or manager – old form 15

23.   CHG-9 Application for registration of creation or modification of charge in case of debentures – old form 10

24.   MGT-14 Filing of Resolutions and agreements to the Registrar under section 117 – old form 23

25.   DIR-3 Application for allotment of Director Identification Number – old form  DIN 1

26.   DIR-5 Intimation of change in particulars of Director to be given to the Central Government  – old form DIN 4

27.   DIR-7 Notice of resignation of a director to the Registrar – NEW FORM

28.   DIR-8 Particulars of appointment of directors and the key managerial personnel and the changes among them – Form 32, 32AD

29.   MR-1 Return of appointment of managing director or whole time director or manager – Form 25C

30.   MR-2 Form of application to the Central Government for approval of appointment or reappointment and remuneration or increase in remuneration or waiver for excess or over payment to managing director or whole time director or manager and commission or remuneration to directors – old form 25A

31.   URC-1 Application by a company for registration under section 366 – Old Form 37, 39

32.   FC-1 Information to be filed by foreign company – old form  44

33.   FC.2 Return of alteration in the documents filed for registration by foreign company – old form 49, 52

34.   FC.3 List of all principal places of business in India established by foreign company – old form 52

35.   FC.4 Annual Return – old form  PTII

36.   ADJ Memorandum of Appeal New form  – new form

37.   MSC-1 Application to ROC for obtaining the status of dormant company – new form

38.   MSC-3 Return of dormant companies –  New form

39.   MSC-4 Application for seeking status of active company – new form