Remuneration limits for managerial personnel: applications exceeding statutory scales must include detailed justification, documentation, and perquisite valuation.
Companies seeking to pay managerial remuneration above statutory scales must apply to the Department with a board/AGM resolution and detailed justification addressing financial health, industry nature, appointee credentials, past remuneration, and the proposed package's effect on company finances; perquisites must be valued at actual cost for company-law purposes while income-tax liability is stated separately.

Fast Track Scheme: simplified striking-off process with affidavits, notarisation option and indemnity bond substitution for clearances.
The circular permits directors of companies that have been inactive since incorporation or for a long period to use sworn affidavits (sworn before a Magistrate or a Notary Public with seal) and a prescribed indemnity bond in place of tax and excise clearance certificates when applying under the Fast Track Scheme for striking off the company's name under section 560; model affidavit and indemnity bond forms set out directors' declarations, asset/liability disclosures, undertakings to indemnify third parties and signature/witness requirements, and the Scheme's period is extended by one month.

Corporate Identity Number introduced to uniquely identify companies by listing, industry, state, year, and ownership.
Registrars of Companies must allocate a 21 character Corporate Identity Number (CIN) to each company registered on or after 1 November 2000; the CIN encodes listing status, a five digit NIC '98 industry code (or '00000' for diversified), a two letter State code, a four digit year of incorporation (YYYY), a three letter ownership code, and a six digit sequential RoC number, with no separators between components.

Section 560 compliance: prior circulars withdrawn; companies must file all statutory financial statements before name striking off.
Companies applying for striking off under the Company Law Settlement Scheme, 2000 must file all balance sheets and profit and loss accounts as required by Section 560 to enable assessment of obligations to depositors, banks, financial institutions and statutory authorities; earlier departmental circulars permitting striking off without such full filings are withdrawn until further orders.

E-corporate business working group to harmonise Companies Act and Information Technology Act for coordinated corporate governance reform.
An e-corporate business working group is constituted to harmonise provisions of the Companies Act, 1956 with the Information Technology Act, 2000 by identifying corporate governance areas for alignment. The group, chaired by the Joint Secretary of the Department of Company Affairs and including departmental and technical members, will set its procedures, consult or co opt external experts and professional bodies as needed, provide TA/DA to invited experts as per rules, and receive secretariat support from the Recodification Cell.

Company name availability: insurance-related names may be approved for new incorporations without regulator consultation.
Permits registration of new company names containing the words insurance, assurance or risk corporation without prior consultation with the insurance regulator, following the Insurance Regulatory Development Authority Act, 1999 and a regulator reference lifting the embargo; expressly confines this permission to newly incorporated companies and prohibits existing companies from changing their names to include such insurance-related terms because they are not allowed to carry on insurance activities.

Managerial remuneration compliance: companies must obtain Central Government approval before paying above Schedule XIII limits and await approval.
Payment of remuneration to managerial personnel must comply with the Companies Act ceiling in Schedule XIII; any proposed excess requires prior Central Government approval and must not be paid until that approval is received. Applications for approval should be submitted promptly on appointment, re appointment, or at the time of any mid term increase, and delayed or retrospective submissions are inappropriate.

Committee to examine nidhi companies' governance, propose prudential norms and supervisory framework to strengthen depositor protection.
Constitution of a Committee to examine nidhi companies' functioning and recommend measures to restore depositor confidence and improve viability. The Committee will evaluate monitoring mechanisms, propose prudential norms for fund deployment on NBFC lines, design a supervisory framework addressing non-compliance and assess feasibility of deposit insurance and ratings, and develop a long-term growth plan. It may consult experts, must report within three months, and the Department of Company Affairs is the nodal Department.