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 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 : Understand stamp duty rules on share transfers in demat form for private limited companies. Covers legal framework, rates, respons...
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 : 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...
Company Law : United Technologies faces penalties for non-appointment of company secretary under the Companies Act, with fines for company and d...
REPORT ON ANNUAL GENERAL MEETING (AGM) Applicable Provisions: Section 121 of the Companies Act, 2013 read with Rule 31 of Companies (Management and Administration) Rules, 2014 Provision: Every Listed Public company shall prepare the report of each Annual General Meeting including the confirmation to the effect that the meeting was convened, held and conducted as […]
Section 8 company is a company which is licensed under section 8 of companies act, 2013. It is a non-profit organization (NPO) which is formed with the objective to promote commerce, arts, science, sports, education, research etc. The profit of such types of companies are applied towards the furtherance of their cause and no dividend […]
There are many reasons for company closure which may include Lack of Capital or funds, Health reasons of Directors of company, Poor market conditions, low demand for products of company, Natural Calamities. Section 248 of the Companies Act, 2013 allows companies to apply for removal of their name from records of Registrar of Companies since […]
Adhering to the provisions of Companies Act, 2013, LLP Act, 2008, its rules and regulations is must for Companies and LLPs in India. In case, the Companies and LLPs fails to comply with the provisions of the said Acts, they will have to bear the heavy penalties. ROC Compliance Chart_September, 2021 SN Forms Purpose of […]
Introduction A shareholder’s right to engage in an issue is regarded as a rights issue. Current shareholders have preemptive rights as a result of their status. The offer must be made to current shareholders on a proportionate basis to their stakes in this rights issue. The shareholders who are provided the opportunity to subscribe may or may […]
Proviso to Rule 14(8) as amended by the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018 and Notification No. GSR 464(E) dated June 5, 2015 are contradict to each other. Therefore, a clarification from MCA is much needed.
According to Section 2(40) of the companies act, 2013, startup means (i) A private company registered under companies act, 2013 or any previous act (ii) Recognized as a startup in accordance with the Department of Industrial Policy and promotions (DIPP). In order to accelerate the spreading of the startup movement in India, the Government had […]
(1) No company shall, directly or indirectly, advance any loan, including any loan represented by a book debt to, or give any guarantee or provide any security in connection with any loan taken by,— (a) any director of company, or of a company which is its holding company or any partner or relative of any […]
As per section 62(1) of the Companies Act, 2013: Where at any time, a company having a share capital proposes to increase its subscribed capital by the issue of further shares, such shares shall be offered, to persons who, at the date of the offer, are holders of equity shares of the company in proportion, […]
Introduction Healthcare is a worldwide concern and not only an issue which alone can be handled by the government. With fast increment and complexity of medical problems it has turned into a critical requirement for corporates to step in and address these issues along-with the Government. Corporates along with other health related sectors should actively […]
