MCA has introduced an amendment in Companies (Incorporation) Rules, 2014 and inserted a new rule 25B as per which the ROC can physically verify the registered office of the Company to check the authenticity of the registered company.
Stay updated on the recent changes in the Companies Act, 2013 with the Companies (Registration of Charges) Second Amendment Rules, 2022. The MCA has introduced amendments impacting charge-related forms (CHG-1, CHG-4, CHG-8, CHG-9), specifying that these forms must be signed by the Insolvency Resolution Professional, Resolution Professional, or Liquidator for companies. Keep abreast of regulatory modifications to ensure accurate filing and compliance.
The Board Report is a means of communication about the performance of the Company. It not only enables the shareholders/members but also other stakeholders like lenders, government, public to make an appraisal of the Company’s performance, future growth and profitability of the company.
With an increasing Corporate Governance norm and to protect the interest of the Stakeholders, MCA introduces a chat box to assist with statutory filings and artificial intelligence for User Guidance.
To bring in a change and upgrade the concept of consistent growth of CSR so as to align it with the sustainable development and transparency, MCA vide its notification dated February 11, 2022, has introduced a new reporting which highlights the compulsion for the firms who come under the purview of the provision of Section 135(1) of Companies Act, 2013, for filing of Form CSR-2.
Introduction: Securities Exchange Board of India (SEBI) vide its notification dated May 05, 2021 made amendments in SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2021, which would be known as SEBI (LODR) Second Amendment Regulations, 2021 with effect from its publication in official gazette on May 06, 2021. Main objective of amendment: Amended regulation were […]
If we are a shareholder in a company, would we want that company to do well? We would want a higher return on equity or would we like a bigger market capitalisation? Would we want all this at lesser risk, and as a bonus would we also like the company to face fewer governance issues?
Company being an artificial person cannot take decision on its own, so the owners of the company need to meet at least once in a financial year to get an overview company’s growth and to discuss yearly results of the same. The Companies Act, 2013 also mandates holding Annual General Meeting (AGM) in each financial year.
BACKGROUND: The Limited Liability Partnership (LLPs) is an alternative corporate business vehicle that provides the benefits of limited liability but allows its members the flexibility of organizing their internal structure as a partnership based on a mutually arrived agreement. In order to provide greater ease of doing business in India to law abiding LLPs, […]
SEBI came out with the discussion paper which reduces minimum lock-in period for promoters after IPO, agrees to controlling shareholder’s concept. Markets regulator SEBI proposed to rationalise the definition of ‘promoter group’ and move to the concept of ‘person in control’ as well as lower the minimum lock-in periods for promoters and other shareholders after an IPO.
