"CS Divesh Goyal is Fellow Member of the Institute of Companies Secretaries and Practicing Company Secretary in Delhi and Steering Voice in the Corporate World. He is a competent professional having enrich post qualification experience of a decade with expertise in Corporate Law, FEMA, IBC, SEBI, RBI. He is having office in Delhi, Gurgaon and Mumbai. He is having expertise in the filed of Adjudication of Penalties, Opinion Writing, Mergers & amalgamation, NBFC Registrations, FCRA Registrations, NCLT hearings, Corporate Restructuring, FEMA, Foreign Companies/ Branch Office Incorporation and other Corporate Law Compliances. Being a researcher at heart, he has done meticulous research and has penned various articles on the Companies Act, 2013 to keep at pace with the latest changes and critically dissect the implications of various provisions of the new Act and co-authored the Company Law Premiere Book published by the Institute of Company Secretaries of India. He has also added a lot to the issuance of various Guidance Notes by ICSI. He was a member of the Various Committees of ICSI."
This guide lists all major July 2026 due dates under Income Tax, GST, FEMA, PF, ESI, and the Companies Act. It helps taxpayers and businesses meet compliance deadlines and avoid interest, penalties, and late fees.
The article explains that SBI and PNB are statutory bodies created under separate Acts and are therefore not governed by the Companies Act, 2013.
The article explains that eligible Government companies require Central Government approval under Sections 230–232. NCLT approval is replaced by virtue of the 2017 MCA notification.
The article examines the Hamlin Trust ruling, where the NCLAT held that CFO appointments must satisfy Section 203 eligibility requirements. It discusses the implications for private companies voluntarily appointing KMPs.
Section 186(2) covers guarantees connected with loans, while MCA Circular No. 04/2015 clarifies that genuine performance guarantees issued in the ordinary course of business are excluded from the prescribed limits.
Learn whether principal, accrued interest, and unpaid interest should be included in Form DPT-3 and how to report them correctly using the Adjustment column.
The article explains that under the Companies Act, direct shareholding determines associate company status. Ind AS 28, however, treats C Limited as an associate only for consolidated accounts.
The issue was whether bank bill discounting facilities require disclosure in Form DPT-3. It was clarified that only amounts outstanding as of 31 March must be reported as exempted borrowings, making the year-end balance sheet the determining factor.
The article explains that loans received from partnership firms do not qualify as exempt borrowings under the Companies (Acceptance of Deposits) Rules, 2014. Even where partners are directors of the company, the loan may be treated as a deposit requiring DPT-3 disclosure.
Shareholder loans received by private companies do not qualify as exempted borrowings under Rule 2(1)(c). The article explains why such amounts should generally be reported as deposits in Form DPT-3.
