Relaxation of additional fees: LLPs may file event-based e-forms due in late-February to May without penalty until June end.
Limited Liability Partnerships may file event-based e-forms due between 25 February 2022 and 31 May 2022 without payment of additional fees until 30 June 2022, as administrative relief in view of the MCA-21 transition; the Ministry of Corporate Affairs has directed implementation of this concession to promote compliance.

Microfinance objects restriction: include microcredit in company objects only if RBI net owned fund and related requirements are satisfied.
ROCs are directed not to permit incorporation of Section 8 companies with microfinance objects or subsequent alteration of main objects to include microfinance unless the company complies with the Net Owned Fund and other requirements laid down in the RBI Directions for NBFC MFIs; ROCs must examine incorporation and change of object filings to prevent circumvention.

Relaxation of additional-fee requirement lets LLPs file Form 11 without extra fees until the extended deadline for compliance.
LLPs may submit e-Form 11 (Annual Return) for the financial year 2021-2022 without payment of additional fees up to 30th June, 2022, as a compliance facilitation measure owing to the transition to MCA-21 version 3, per Ministry of Corporate Affairs approval.

Extraordinary general meetings may be held via video or audiovisual means or by postal ballot under extended circular guidance.
Companies are authorised to hold Extraordinary General Meetings and transact resolutions by Video Conference or Other Audio Visual Means or by postal ballot in accordance with the procedures and safeguards set out in earlier Ministry circulars; all other requirements and conditions in those circulars remain unchanged.

Holding of AGMs through VC/OAVM permitted subject to prescribed circular requirements and statutory timelines.
Companies with AGMs due in 2022 may conduct those AGMs by Video Conference (VC) or Other Audio Visual Means (OAVM) on or before 31 December 2022 in accordance with Paragraphs 3 and 4 of General Circular No. 20/2020; this authorisation does not constitute an extension of time for holding AGMs under the Companies Act, 2013, and non-adherence to statutory timelines attracts legal action.

No additional fees for delayed annual filings: normal fees apply for specified e forms during the announced extension.
No additional fees shall be levied for filing specified annual returns and financial statement e forms for the financial year ended on 31.03.2021 during the announced extended windows; only normal filing fees will be payable for AOC 4 series forms until 15 March 2022 and for MGT 7/MGT 7A until 31 March 2022, enabling submission of the listed e forms without payment of additional fees in the respective periods.

Relaxation of additional filing fees for specified annual e-forms; normal fees apply until announced extension deadlines.
No additional fees shall be levied for filing e-forms AOC-4 (including CFS, XBRL, Non-XBRL) for FY ended 31.03.2021 if filed on or before 15.02.2022, and for e-forms MGT-7/MGT-7A if filed on or before 28.02.2022; only normal filing fees are payable during these specified periods.

Holding AGMs through VC or OAVM permitted for eligible companies; compliance requirements remain and statutory timelines unaffected.
Companies proposing to hold Annual General Meetings may conduct AGMs through Video Conference or Other Audio Visual Means if they meet the prescribed procedural and technical requirements in the earlier General Circular; this permission does not extend statutory time limits for holding AGMs and non-adherence to timelines remains liable to legal action under the Companies Act.

Conducting general meetings remotely under COVID-19 circulars: virtual meetings and postal ballots remain authorized for companies.
Permission is extended for companies to hold EGMs by Video Conference (VC) or Other Audio Visual Means (OAVM) or to transact items through postal ballot under the Companies Act, 2013 framework established by earlier General Circulars; all requirements and procedural safeguards in those circulars remain unchanged and continue to govern reliance on the virtual meeting and postal-ballot mechanisms.

Annual General Meeting via video conference permitted for eligible companies, but statutory deadlines remain and legal action may follow.
Companies with AGMs due in 2021 may hold those AGMs by video conference or other audio visual means in accordance with the procedural requirements set out in the referenced circular. This clarification does not confer an extension of the statutory time for holding AGMs under the Companies Act, 2013, and companies that do not meet the statutory timelines remain liable to legal action.

Extension of cost audit report filing deadline under Rule 6(5) - deadline extended and other requirements unchanged.
The circular directs an extension of the last date for furnishing the Cost Audit Report to the Board of Directors under Rule 6(5) of the Companies (Cost Records and Audit) Rules, 2014, substituting the previously specified date with a later date in response to COVID-19 disruptions and stakeholder representations; all other requirements of the earlier circular remain unchanged and the amendment is issued with competent authority approval.

Relaxation on additional filing fees allows annual company e-form filings to be completed with normal fees until specified deadline.
No additional fee shall be levied for filing e-forms AOC-4, AOC-4 (CFS), AOC-4 XBRL, AOC-4 Non-XBRL and MGT-7/MGT-7A in respect of the financial year ended on 31.03.2021 if filed within the announced relief period; only normal fees shall be payable during that period.

Late filing relief for LLPs: additional fees waived for Statement of Account and Solvency filings.
LLPs may file Form 8 (Statement of Account and Solvency) for the financial year 2020-2021 without payment of additional fees until 30th December, 2021, as a temporary relief addressing COVID-19 related filing difficulties, aimed at easing compliance burdens for MSMEs operating as LLPs.

Cost audit report filing deadline extended; timely board submission under the revised date will not be treated as non compliance.
If the cost auditor submits the cost audit report to the Board of Directors by the revised deadline, such submission will not be treated as a violation of Rule 6(5) of the Companies (Cost Records and Audit) Rules, 2014; thereafter the company must file e form CRA 4 within thirty days of receipt of the auditor's report, except where an AGM extension permits filing under the proviso to Rule 6(6).

Corporate Social Responsibility compliance: clarified obligations on applicability, spending, implementation, monitoring and penalties including impact assessment.
The circular clarifies that CSR obligations under Section 135 apply company specifically where net worth, turnover or net profit thresholds are met; the Board must ensure at least two percent average net profit spending (computed on profit before tax with section 198 adjustments), constitute and rely on a CSR Committee as required, and disclose policy and utilisation. Administrative overheads are capped at five percent of CSR spend; implementing agencies must meet registration criteria and register on MCA21 from 1 April 2021. Unspent amounts for ongoing projects must be transferred to a separate "Unspent CSR Account" and non ongoing unspent amounts to Schedule VII funds within prescribed timelines. Impact assessment, monitoring, mandated filings and civil penalties for transfer defaults are detailed.

CSR funding for COVID-19 vaccination confirmed eligible under health-care and disaster-management provisions, subject to CSR Rules.
Spending of CSR funds on COVID-19 vaccination for persons other than employees and their families is eligible under Schedule VII entries for promotion of health care including preventive health care and for disaster management; companies undertaking such vaccination-related CSR must comply with the Companies (CSR Policy) Rules, 2014 and applicable Ministry circulars.

Relaxation of filing timelines for charge-related forms extended under Companies Act, maintaining prior conditions and belated-filing consequences.
Extension of the filing timeline for forms concerning creation or modification of charges under the Companies Act by substituting the earlier cut-off and subsequent date with later corresponding dates. The extension leaves all other requirements unchanged and preserves the position of any belated filings already made, which remain subject to additional or ad valorem fees as applicable.

Relaxation on additional filing fees extends normal-fee filing window for companies and LLPs, excluding specified charge forms.
The Ministry extended relief from additional fees so that companies and LLPs may file eligible forms due in the specified period by paying only normal fees; the exemption excludes charge-related forms CHG-1, CHG-4 and CHG-9 and is without prejudice to additional fees already paid for belated filings.

Virtual meetings for EGMs under company law extended, permitting VC/OAVM or postal ballot under existing circular framework.
Companies are permitted to conduct EGMs through video conferencing (VC) or other audio-visual means (OAVM) or to transact items through postal ballot in accordance with the framework provided in earlier Ministry circulars addressing COVID-19; all other requirements in those circulars remain unchanged and companies must follow the existing procedural conditions.

CSR contribution offset permitted when certified and disclosed, avoiding violation of statutory CSR spending requirement.
Excess contribution to a relief fund made on the specified date that exceeds the minimum CSR amount for the financial year may be offset against the subsequent year's CSR obligation if (a) the offset accounts for any unspent prior CSR amounts, (b) the Chief Financial Officer certifies the contribution was made pursuant to the appeal and the statutory auditor corroborates this, and (c) the contribution and its treatment are disclosed separately in the Annual Report on CSR and the Board's Report.