Company Law India: Read latest Company law news & updates, acts, circular, notifications & articles issued by MCA amendment in companies Act 2013. Article on Loans Company formation XBRL, Schedule VI IFRS.
Company Law : Learn about Section 113 of the Companies Act, 2013, which governs corporate representation at company and creditor meetings, inclu...
Company Law : Learn about the legal procedures for director resignation and removal under the Companies Act, 2013, including compliance with ROC...
Company Law : Understand the process and requirements for converting an unlisted public company into an LLP, including necessary filings and doc...
Company Law : Understand if Form SH-7 is required during the conversion of CCPS to equity shares under the Companies Act, 2013, based on the aut...
Company Law : Learn about Section 203 of the Companies Act, its applicability to private companies, key provisions, and exceptions for companies...
Company Law : The Government acknowledges MCA-21 glitches, highlights improvements, ensures data security, and implements new features for bette...
Company Law : The Indian government has reduced reporting forms for companies on unclaimed dividends and integrated fund transfers with Bharatko...
Company Law : MCA21 portal saw 80.26 lakh form filings between April 2024 and January 2025, showcasing improved security, user experience, and s...
Company Law : Summary of NFRA's audit quality inspection of Lodha & Co., highlighting key deficiencies in audit documentation, independence poli...
Company Law : NFRA's 2023 inspection of M/s BSR & Co. LLP highlighted improvements in audit practices, independence policies, and documentation ...
Company Law : NCLAT Delhi held that trusteeship deeds are generally signed between the trust on behalf of the lenders and the personal/ corporat...
Company Law : NCLAT Delhi held that CoC decision to liquidate the Corporate Debtor is acceptable as corporate debtor has no assets and thus CIRP...
Company Law : Delhi HC examines NFRA's jurisdiction in issuing show-cause notices to Engagement Quality Control Reviewers (EQCRs) under Section ...
Company Law : The view that NCLT had no jurisdiction to entertain Section 95 Application filed by the Financial Creditor and the Application oug...
Company Law : NCLAT Delhi held that as per expressed provisions of section 101(1) of the Insolvency and Bankruptcy Code, 2016 moratorium period ...
Company Law : The ROC, Punjab & Chandigarh, imposed penalties on Arisebhavishya India Mutual Benefit Nidhi Ltd for failing to maintain a registe...
Company Law : Infracx Developers Pvt Ltd penalized for delayed INC-20A filing under Section 10A of the Companies Act, 2013. Total penalty: ₹43...
Company Law : Godrej Tyson Foods Ltd. penalized for failing to appoint a woman director under Section 149(1) of the Companies Act. Penalty inclu...
Company Law : NFRA imposes Rs. 5 lakh penalty and 5-year debarment on CA Neeraj Bansal for professional misconduct during Religare Finvest Ltd's...
Company Law : MCA penalizes Chandrabangshi Nidhi Ltd for violating Section 118(1) of the Companies Act, 2013, due to failure to maintain meeting...
As per the provisions of Sub-Section (10) of Section 42 of Companies Act, 2013, if a company makes an offer or accepts monies In contravention of this section, the company, its promoters and directors shall be liable for a penalty which may extend to the amount Involved In the offer or Invitation or two crore […]
Abridges Means to shorten by omission of words without sacrifice of sense. Abridged Director Report means the format of director report is not vast rather an abridged Director Report shall also be sufficient. Applicability: Small Company One Person Company (OPC) Rules : Companies (Accounts) Amendment Rules, 2018 MCA has introduced new Rule 8A after rule […]
FORM NO. CSR-1 is issued Pursuant to section 135 of the Companies Act, 2013 and Rule 4(1) and (2) of Companies (CSR Policy) Rules, 2014 for Registration of Entities for undertaking CSR Activities. In accordance with the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021, company can undertake CSR activities either itself or through entities […]
ROC COMPLIANCE: Companies Act, 2013 provides for compulsory annual filing for all the company which are incorporated under Companies Act, 2013 or any other previous act and for all LLP under Limited Liability Partnership Act, 2008. The filing with ROC can be done once in a year or on the happening of any event. The […]
A meeting held totally by means of either Video conferencing or other audio-visual means is known as Virtual Meeting. In virtual meeting there is no physical presence of participants and there is no specified venue for the purpose of meetings. Participants that are located at different places can participate in the meeting either by teleconference or video conference or combination of them at time decided.
Meaning of Related Party’ under Section 188 of the Companies Act, 2013 The meaning of the word ‘Related Party’ is given under Section 188 of the Companies Act, 2013 and also includes the following: ◊ A director or his relative; ◊ Key managerial person or their relative; ◊ A firm where a director, manager or […]
A meeting may be generally defined as a gathering or assembly or getting together of a number of persons for transacting any lawful business. There must be at least two persons to constitute a meeting. Therefore, one shareholder usually cannot constitute a company meeting even if he holds proxies for other shareholders. However, in certain […]
Section 186 of the Companies Act, 2013 | Loan and Investment by Company Section 186 of the Companies Act, 2013 deals with the loans and investments by the companies: 1. No company shall invest more than two layers in investment company. For Eg. X Ltd is holding 51% in Y Ltd and Y Ltd is […]
Meaning of Oppression And Mismanagement The word ‘Oppression’ is not defined under the Companies Act, 2013. Oppression is the movement made by the authority in unjust manner against the party who gave his consent. As per the Dictionary of Black Law, the term ‘Oppression’ means ‘the act or an instance of unjustly exercising power.’ Oppression […]
Liquidation process is the last stage where a creditors can recover their money from the company. First, the company go for the resolution process and if it doesn’t work then the company goes for the liquidation process. For recovering the money from the company, an auction is conduction to sale the assets of the company.
