Friday, July 11, 2014

Processing of MGT-14 via straight through process mode

SECTION 448, READ WITH SECTION 447 OF THE COMPANIES ACT, 2013 - PUNISHMENT FOR FALSE STATEMENT - CLARIFICATION ON FORM MGT-14 THROUGH STRAIGHT THROUGH PROCESS (STP) MODE
GNERAL CIRCULAR NO.28/2014 [F.NO.1/9/2013-CL-V]DATED 9-7-2014
In order to simplify procedures and with a view to ensure timely disposal of E-Forms in the office of Registrars of Companies and keeping in view the penal provisions for false declaration as contained in section 448 read with section 447, the following E-Forms with the conditions mentioned along with will be processed and taken on record using the Straight Through Process mode.
S.No.E-FormConditions
1MGT-14All cases except for change of Name, change of object, resolution for further issue of capital and conversion of companies will be STP Mode.
This circular will be effective from 21-7-2014.

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