The Ministry of Corporate Affairs through a circular dated 12 August introduced the Company Law Settlement Scheme 2014 to give a transitional period to companies which have defaulted in submitting statutory fillings of their annual documents with the Registrar of Companies. The scheme came into force on 15 August and was to remain in force until 15 October.
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The business law digest is compiled by Nishith Desai Associates (NDA). NDA is a research-based international law firm with offices in Mumbai, New Delhi, Bangalore, Singapore, Silicon Valley and Munich. It specializes in strategic legal, regulatory and tax advice coupled with industry expertise in an integrated manner.
