Company Law - Page 10

Voluntary Winding Up under Insolvency and Bankruptcy Code, 2016

In this Flash editorial, the auditor begins by referring notifications for applicability of provisions of Voluntary Liquidation/ winding up under Insolvency and Bankruptcy Code, 2016. The main thrust of the article, however, is upon the provisions / regulations, of IBC concerning liquidation of a corporate person - companies, limited liab...

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Posted Under: Company Law |

Strike off of Companies- ROC Notice u/s 248(1)

In this Flash editorial, the auditor begins by referring the provisions of section 248(1) of Companies Act, 2013 relating to Power of Registrar to remove name of company from register of companies. The main thrust of the article, however, is upon the effects of Show Cause Notices...

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Procedure to file application for Voluntary Striking Off Name of Companies U/S 248(2)

The quickest way to close the non operational company is through a process called Fast Track Exit (FTE). Companies Act 2013 has a separate chapter on this subject i.e Chapter XVIII, containing section 248 to 252. These sections were came into effect from 26th December 2016....

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Posted Under: Company Law |

Closing Down of Private/ Public Limited Company

Strike off the name of company (very popular name is SECTION 560, which was under Companies Act 1956 and hopefully take time for Professional and stake holders to change the same into SECTION 248 or afterwards striking off was familiar with name FTE...

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Posted Under: Company Law |

Company unable to pay debt/tax to Government Judicial discretion to direct winding up should not be exercised

Budhia Auto Associate Pvt. Ltd. Vs None (Chhattisgarh High Court)

This petition for winding up has been preferred by the company itself without referring to the relevant clause of Section 433 of the Companies Act, 1956 ('the Act' in short), however, in course of argument it was informed that the petition is under Section 433 (e) of the Act....

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eForm STK-2 -Application to remove company name from register of companies

eForm STK-2 is required to be filed pursuant to Section 248(2) of the Companies Act, 2013 and rule 4, 5, 6 & 8 of the Companies (Removal of Names of Companies from the Register of Companies) Rules, 2016 which are hereunder for your reference:...

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Posted Under: Company Law |

All about e-Form DIR-12 and DIR-11

e-Form DIR-12 is required to be filed for Appointment/Resignation or in case of Change in Designation of Directors of the Company by the Company pursuant to Sections 7(1) (c), 168 & 170 (2) of the Companies Act, 2013...

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Posted Under: Company Law |

New disclosure and reporting requirement in Auditor’s Report

Just 3 days to Join GST Online Certification Course by GST Professionals & TaxGuru.in – Batch II Regarding disclosure requirement and reporting requirement in the Auditor’s Report that the company has provided requisite disclosures in its financial statements as to holdings as well as dealings in Specified Bank Notes during t...

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Fast track Exit / Strike-off under section 248 of Companies Act, 2013 read with Companies (Removal of Name of Companies) Rules, 2016

1. ROC has the power to remove the name of companies from Register of companies under section 248 of companies act, 2013. ROC can suo-motu or on application of a company issue notice for strike off of name of companies on following reasons/causes...

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Posted Under: Company Law |

Cabinet approves moving of Companies (Amendment) Bill, 2016

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal to move official amendments to the Companies (Amendment) Bill, 2016. The Bill will be introduced in the Parliament. ...

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Posted Under: Company Law |
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Company Law News India

Corporate law also known as the company law is the study of how the directors, shareholders, creditors, employees and other participants in the community, consumers, and the environment work together with each other. Company law deals with organizations which are registered or incorporated under the Indian company law. The latest Companies Act is the Act which controls the incorporation of companies, responsibilities of companies, directors and laws relating to dissolution of any company. The newly constituted Companies Act 2013 is divided into twenty-nine chapters comprising 470 with 7 schedules. This Act replaced the previous Companies Act, 1956 on August 29th, 2013. The newly constituted Act came into action on September 12th, 2013 with number of changes.

At Taxguru, we provide all the latest news relating to company law in India. Our portal is designed for alerting you on all the latest developments in the company law. We provide all the key cases, help, and guidance on all facets of company law.

Get to know about all significant changes in the Indian corporate laws with our comprehensive and the latest company law news. Our panel of experts offers in-depth analysis and understanding of the corporate and allied laws. At Taxguru, we cover everything from regulations for LLPs to changes in the corporate governance, M&A and Takeover Code, SEBI reforms, exchange controls and commercial arbitration. Tune in to find out more about the corporate laws and all the key developments.

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