Corporate Laws & Corporate Governance Committee
Chairman, Corporate Laws & Corporate Governance Committee
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Function / Mission / Terms of Reference
| To examine Corporate Laws, the Indian Partnership Act and Limited Liability Partnership, Rules, Regulations, Guidelines, Notifications, Schemes, Schedules issued thereunder, vis-à-vis best global practices and make appropriate representation/suggestions to the concerned Ministries of Government and to participate as well as to facilitates in the Law-making process. |
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Members
Knowledge Sharing
- Alerts on MCA-21 Version - 3 LLP Filings by CL&CGC ICAI
- Detailed Amendments proposed in Companies (Amendment) Bill 2020
- Bulletins of the Corporate Laws & Corporate Governance
- Announcements
- Publications
- Certificate Course
- Updates on the Corporate Laws
- Significant Achievements and Initiatives
- Events
- Virtual CPE Meetings
- Archives
What's New
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- Frequently Asked Questions on Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Revised January 2025 Edition)
- Technical Guide on Accounting for Expenditure on Corporate Social Responsibility Activities (Revised January 2025 Edition)
- Frequently Asked Questions (FAQs) on Limited Liability Partnership Act, 2008 (Revised January 2025 Edition)
- Quarterly Updates from 1st Oct to 31st Dec 2024
- Result of the Examination of Certificate Course on Corporate Social Responsibility Reporting and Impact Assessment held on 10th January 2025
- Webinar on "Shaping the Future for Effective Corporate Governance" on 17th January 2025 (Friday) 04:00 pm to 06:00 pm organized by CL&CGC.
- Result of the Examination of Certificate Course on Corporate Social Responsibility Reporting and Impact Assessment held on 11th December 2024
- Certificate Course on “Corporate Social Responsibility Reporting and Impact Assessment” Batch 11 - 16th January 2025 to 22nd January 2025
- Webinar on "Issues Related To Small Companies" on 20th December 2024 (Friday) 05:00 pm to 07:00 pm organized by CL&CGC.
- Certificate Course on “Corporate Social Responsibility Reporting and Impact Assessment” Batch 10 - 12th December 2024 to 18th December 2024
- Webinar on "Impact of SEBI (LODR) on Corporate Governance in India" on 29th November 2024 (Friday) from 4:00 pm to 6:00 pm organized by CL&CGC
- Webinar on "Financial Reporting Frameworks for Companies and Other Entities" on 19th November 2024 (Tuesday) from 05:00 pm to 07:00 pm organized by CL&CGC.
- Result of the Examination of Certificate Course on Corporate Social Responsibility Reporting and Impact Assessment held on 10th October 2024
- Certificate Course on “Corporate Social Responsibility Reporting and Impact Assessment” Batch 9 - 14th November 2024 to 20th November 2024.
- Independent Director's Conclave on 5th October 2024 at The Park, New Delhi from 9:00 AM to 5:00 PM.
- Result of the Examination of Certificate Course on Corporate Social Responsibility Reporting and Impact Assessment held on 06th September 2024
- Amendment in the Companies (Accounts) Rules, 2014
- Amendment in the Companies (Prospectus and Allotment of Securities) Rules, 2014
- Clarification on Virtual AGMs and EGMs under the Companies Act, 2013
- Webinar on "Internal Controls and Audit Committees: Strengthening Corporate Governance through Effective Oversight" on 20th September 2024 (Friday) from 04:00 pm to 06:00 pm organized by CL&CGC.
- Amendment in the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016
- Amendment in the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016
- Launch of Company ADJ Forms on 16th September 2024
- Webinar on "Expert Insights on LLPs: Formation, Conversion, Compliance and Winding Up" organized by the Corporate Laws & Corporate Governance Committee, ICAI scheduled to be held on 12th September 2024 (Thursday) from 03:00 pm to 05:00 pm.
- Webinar on "Corporate Social Responsibility - Navigating Organisational Challenges and Addressing Limitations." on 05th September 2024 (Thursday) from 06:00 pm to 08:00 pm organized by CL&CGC.
- Certificate Course on “Corporate Social Responsibility Reporting and Impact Assessment” Batch 8 - 12th September 2024 to 18th September 2024.
- Amendment in the Companies (Registration of Foreign Companies) Rules, 2014
- Amendment in the Rule 37 of the LLP Rules 2009 introducing C-PACE for voluntary winding up of LLPs w.e.f. 27th August 2024
- Amendment to the Companies (Adjudication of Penalties) Rules, 2014 – Introduction of e-Adjudication Platform
- Result of the Examination of Certificate Course on Corporate Social Responsibility Reporting and Impact Assessment held on 12th July 2024
- Certificate Course on “Corporate Social Responsibility Reporting and Impact Assessment” Batch 7 - 08th August 2024 to 18th August 2024.
- Filings under section 124 and section 125 of the Companies Act 2013 read with IEPFA (Accounting, Audit, Transfer and Refund) Rules 2016 in view of transition from MCA 21 version 2 to version 3
- Companies (Appointment and Qualification of Directors) Amendment Rules, 2024
- Amendment in the Companies (Incorporation) Rules, 2014 regarding Undesirable Names
- Companies (Management and Administration) Amendment Rules, 2024,Companies (Significant Beneficial Owners) Amendment Rules, 2024 and Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Amendment Order, 2024
- Extension of time for Filing of PAS-7
- Filing of Forms [BEN-2, MGT-6] due to migration from V2 Version to V3 Version in MCA 21 Portal from 4th July, 2024 to 14th July, 2024
- MCA 21 Version 3- Notification regarding launch of 9 Forms
- Result of the Examination of Certificate Course on Corporate Social Responsibility Reporting and Impact Assessment held on 06th June 2024
- MCA 21 Version 3- LLP and Company filing - Issues/Feedback for improvement (If any) - Initiative of the Corporate Laws & Corporate Governance Committee of ICAI
- Implementation Guide on Maintenance of Property, Plant and Equipment (PPE) Register- Best Practices
- Handbook on Dematerialisation of Securities for Private Companies & Shareholders
- Relaxation of additional fees and extension of last date of filing of Form LLP BEN-2 and LLP Form No 4D under the LLP Act 2008 up to 15th May 2024
- Result of the Examination of Certificate Course on Corporate Social Responsibility Reporting and Impact Assessment held on 2nd February 2024
- ICAI invites suggestions/comments from members on Company Rules to examine the existing Rules and make suitable revisions/ amendments therein to enhance Ease of Doing Business and Compliance and to have a robust corporate governance framework by 12.00 Noon on 10th February, 2024.
- Announcement by CL&CGC ICAI regarding Introduction of Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024 - To allow unlisted public Indian companies to list their shares on GIFT IFSC.
- Chartered Accountant with more than 10 years of experience may kindly register on Independent Directors Databank developed by MCA with IICA to be Independent Director
- Announcement by CL&CGC regarding Amendment to Companies (Management and Administration) Rules, 2014 by MCA: Mandatory Designation of a Person to extend co-operation w.r.t. Beneficial Interest in Shares of the Company
- Announcement by CL&CGC regarding Introduction of provisions by MCA related to Register of Partners to be maintained by LLPs and the requirement for declarations concerning beneficial interest in any contribution of LLPs
- Announcement by CL&CGC ICAI regarding Extension of provisions relating to Issuance of Securities in Dematerialised Form to all Private Companies except Small Companies and Government Companies by MCA
- Sensitization of Companies to abide the provisions of Section 90 of the Companies Act, 2013 read with Rules thereunder relating to Significant Beneficial Ownership
- Condonation in delay in filling of Form-3, Form-4 and Form-11 under section 67 of LLP Act, 2018 read with section 460 of the Companies Act, 2013
- Procedure by ICAI to support and assistance in relation to Circular 07/ 2023 Dated 12 July 2023 issued by Ministry of Corporate Affairs - Standard Operating Procedure for Merging / Deactivating Multiple User ID’s created by Chartered Accountants as Professionals in Ministry of Corporate Affairs portal (“MCA Portal”) - (28-07-2023)
- MCA 21 Version 3 - LLP filing and Company Filing for 56 Forms - Issues/ Feedback (If any) - Initiative of the Corporate Laws & Corporate Governance Committee of ICAI
- Frequently Asked Questions on Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Revised January 2025 Edition)
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Secretary to the Committee: Ms. Nisha Gupta
Email: clcgc[at]icai[dot]in;
