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Omesh

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MCA Mandates Form ADT-1 Filing for First Auditor from 14 July 2025

June 6, 2025 48405 Views 3 comments Print

MCA Notifies Mandatory Filing of Form ADT-1 for First Auditor Appointment Effective 14 July 2025 The Ministry of Corporate Affairs (MCA) has notified a significant amendment under the Companies (Audit and Auditors) Rules, 2014, impacting the compliance requirements for the appointment of the first auditor by companies. This update introduces the mandatory filing of Form […]

Date of declaration of NPA is not identical to date of default under IBC, 2016

August 26, 2024 3690 Views 0 comment Print

Explore the distinction between NPA declaration and default dates under IBC 2016, clarifying implications for insolvency resolution applications.

Is agreement to sell is a transfer and liable to Capital Gain Tax?

February 10, 2024 22800 Views 0 comment Print

Explore whether an agreement to sell qualifies as a transfer under Capital Gains Tax according to the Income Tax Act, 1961.

Kerala HC Clarifies Commencement Date for Individual or Firm Insolvency under IBC

February 5, 2024 1098 Views 0 comment Print

Kerala High Court provided for date of application for commencement of Individual or firm Insolvency under section 96 of IBC, 2016? Introduction We have been well aware of the facts that the matter relating to Insolvency and Bankruptcy has been governed by the Insolvency and Bankruptcy Code, 2016. The Act has provided for the two […]

Foreign Companies not required to comply Companies Act, 2013

February 2, 2024 3696 Views 0 comment Print

Understanding Section 379 of the Companies Act, 2013: Learn how foreign companies in India are exempt from certain provisions, promoting ease for foreign investments.

What are Shareholder Agreements and Share Purchase Agreements & its validity?

January 30, 2024 8460 Views 0 comment Print

Meaning, enforceability, and legality of Shareholder Agreements and Share Purchase Agreements under Companies Act of 2013. Learn key provisions and considerations.

Meaning of Newly Notified Rule 9B under Companies Act, 2013 on 27th October, 2023

January 22, 2024 8388 Views 0 comment Print

Explore the implications and compliance requirements of newly introduced Rule 9B under the Companies Act, 2013, mandating dematerialization for non-small private companies. Understand key takeaways and potential challenges

DIR-12 For the reappointment of Director: Required or not?

November 24, 2023 24012 Views 1 comment Print

Compliance requirements, filing procedures and practical aspects of forms for DIR-12 for reappointing directors under Companies Act, 2013.

Proxy under Section 105: Quorum Validity in General Meetings

November 13, 2023 10782 Views 0 comment Print

Explore debate on whether proxies under Companies Act Section 105 count for quorum in General Meetings. Understand legal provisions and implications for effective corporate governance.

Practical solutions to the corporate failures in Indian Start-ups

July 13, 2023 1257 Views 0 comment Print

Explore practical solutions to address corporate governance lapses in Indian startups. From strengthening regulatory frameworks to promoting independent boards and whistleblower protection, learn how regulatory reforms and increased transparency can enhance governance practices. Stay informed for a resilient startup ecosystem.

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