Company Law - Page 4

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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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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New disclosure and reporting requirement in Auditor’s Report

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 the period from 8th November, 2016 to 30th December, 2016. We would like to inform you that the Ministry...

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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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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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Analysis of MCA Amendment for Disclosure of Specified Bank Notes in Final Accounts & Auditors Report

With a view of curbing Black Money in the economy the Ministry of Finance by its notification dated 08.11.2016 had discontinued the then Rs. 500 & Rs. 1000. Still various corporate were found to be involved in transactions which were illegal in nature. ...

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Disclosrue of Specified Bank Notes in Balance Sheet

As per MCA Notification No. G.S.R. 308(E) dated 30th March, 2017 In the Companies Act, 2013, in Schedule III, in Division I, in Part I under the heading General instructions for preparation of Balance Sheet in paragraph 6, after clause W, the following clause shall be inserted...

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How to Apply for Director Identification Number

An Application Shall be made in Form DIR-3 pursuant to Section 153 & 154 of the Companies Act, 2013 by the person who wish to apply for the same and such form shall be filed with MCA online along with Verification of Language as mentioned in Form DIR-3...

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Revised special resolution requirement for Related Party Transactions

G.S.R. 309(E) (30/03/2017)

Sale, purchase or supply of any goods or material, directly or through appointment of agent, amounting to ten per cent. or more. of the turnover of the company or rupees one hundred crore, whichever is lower, as mentioned in clause (a) and clause (e) respectively of sub-section (1) of section 188...

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Auditors report to disclose dealings in Specified Bank Notes during demonetisation

G.S.R. 307(E) (30/03/2017)

Auditors to report whether the company had provided requisite disclosures in its financial statements as to holdings as well as dealings in Specified Bank Notes during the period from 8th November, 2016 to 30th December, 2016 and if so, whether these are in accordance with the books of accounts maintained by the company...

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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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