List of Notifications issued by the Ministry of Corporate Affairs (MCA) during 2016, for making amendments in provisions of Companies Act, Companies Rules, etc., along with pdf copy download link.

MCA Notifications 2016 (No./ Date/ Particulars)
MCA Notification dt. 17 Nov. 2016: MCA clarifies that relevant Ind AS shall apply for computation of amortisation amount over the useful life of intangible assets. However, where a company is not required to comply with the Ind AS Rules, then relevant Accounting Standards under Companies (Accounting Standards) Rules shall apply. Notification dt. 17 Nov. 2016
MCA Notification dt. 3 Oct. 2016: MCA has re-constituted the ‘National Advisory Committee on Accounting Standards (NACA)’, consisting of 13 Members, to advise the Central Government on the formulation and laying down of accounting policies and accounting standards for adoption by companies or class of companies under the Companies Act, 1956/ 2013. NACAS was originally constituted in April, 2012 for a period up to February 28, 2013 under the Companies Act, 1956. Under the Companies Act 2013, the National Financial Regulatory Auhtority (NFRA) is envisaged but the same is yet to be notified and in the meantime NACAS has been re-constituted for a period of one year pending constitution of NFRA.. Notification dt. 3 Oct. 2016
Notification dt. 23 Sept. 2016MCA notifies the ‘Companies (Management and Administration) Amendment Rules, 2016’ applicable w.e.f. 23rd Sept. 2016 and has amended Form MGT-6.
Notification dt. 12 Sept. 2016MCA notifies certain amendments in Schedule V on provisions pertaining to Appointment and Remuneration of Managerial Persons under the Companies Act, 2013.
Notification dt. 27 July 2016MCA notifies the Companies (Accounts) Amendment Rules, 2016.
Notification dt. 19 July, 2016: MCA notifies the Companies (Share Capital and Debentures) Third Amendment Rules, 2016 to carry out amendments in provisions relating to issue of equity shares with differential rights, issue of sweat equity by Start-ups, incorporation of company by start-ups, etc..
MCA Notification dt 30 June 2016: MCA notifies the Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016. Notification dt 30 June 2016
Notification dt. 6 April, 2016MCA amends Schedule III to the Companies Act, 2013. Instructions revised for preparation of financial statements (i.e. Balance Sheet, P&L A/c, Notes to Accounts, etc.) by the entities under Ind AS Rules.
Notification dt. 4th April, 2016MCA amends XBRL Rules and adds Housing Finance Companies as exempted from XBRL Filing.
Notification dt 30 March 2016: MCA notifies the Companies Indian Accounting Standards (Ind AS) Amendment Rules, 2016, in consultation with NACAS.
Notification dt 30th March 2016MCA notifies the Companies (Accounting Standards) Amendment Rules, 2016, to omit AS 6 and to amend various other Accounting Standards.
MCA Notification dt. 29th March 2016: MCA notifies the Companies (Auditor’s Report) Order, 2016 (CARO 2016). MCA Notification dt. 29th March 2016
MCA Updates (Company Law)
For downloading various General Circulars/ Notifications/ Orders issued by MCA under the Companies Act/ Rules and other allied Corporate Laws, in different years, please refer the following links:
MCA General Circulars: 2020, 2019, 2018, 2017, 2016
MCA Notifications: 2020, 2019, 2018, 2017, 2016, 2015
MCA Orders: 2020, 2019, 2018, 2017, 2016, 2015
Note: For Official/ updated copy of relevant General Circulars/ Notifications/ Orders, please visit the MCA website.