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 : joint audit involves two or more audit firms working together to issue an audit opinion on the financial statements of an organiza...
Company Law : SC rules that NCLT cannot decide on public law matters under MMDR Act in IBC cases, reaffirming High Court jurisdiction under Arti...
Company Law : Pvt Ltd ROC Filing is a essential compliance requirement for non-public confined groups in India. Filing ROC returns on time facil...
Company Law : Learn the ISIN issuance process, required documents, and compliance steps for dematerializing securities under the Companies Act, ...
Company Law : Understand purpose, filing requirements, due dates and penalties of Form MSME-1 for companies with outstanding dues to MSME suppli...
Company Law : Find the provisional list of audit firms of listed companies that haven't filed NFRA-2 forms for the reporting period 2023-24. Upd...
Company Law : The Companies Act 2013 mandates corporate governance, transparency, and CSR reporting. Key provisions include financial disclosure...
Company Law : Understand the compliance regime for private limited companies in India, including business closure timelines and government measu...
Company Law : Overview of proposed amendments in the Companies Act, 2013, CSR monitoring framework, and steps to ensure compliance and prevent m...
Company Law : Review CSR activities as mandated under Section 135 of the Companies Act, including sector-wise and state-wise CSR expenditure fro...
Company Law : When the corporate debtor failed to pay the outstanding power obligation, appellant subsequently cut off the electrical service. O...
Company Law : The plain reading of the above provisions of Section 60(5)(c) clearly indicates that the NCLT is empowered to adjudicate any quest...
Company Law : NCLAT Delhi quashes CIRP against Alcuris Healthcare, ruling profit-sharing disputes do not constitute operational debt under IBC. ...
Company Law : NCLAT dismisses appeals in Saturn Ventures case, upholding RP’s findings on asset ownership and rejecting fraudulent transaction...
Company Law : NCLAT Delhi held that Liquidator is jurisdictionally empowered to proceed with private sale of Corporate Debtor by adopting Swiss ...
Company Law : Vishnupriya Hotels' appeal led to a penalty reduction for non-compliance with Section 149(3) of the Companies Act. The company pai...
Company Law : Vishnupriya Hotels appealed against CSR non-compliance penalties. The Regional Director reduced the fine after reviewing submissio...
Company Law : Konoria Plaschem faced penalties for failing to appoint an internal auditor from 2014-2020. The fine was reduced on appeal. Read t...
Company Law : Water & Sanitation (India) for Urban Poor failed to hold board meetings from 2011-2019, leading to penalties. The fine was later r...
Company Law : Tristar Transport India Pvt. Ltd. fined for delays in filing BEN-1 and BEN-2 under Section 90 of the Companies Act, 2013. Director...
In the Report of the High-Level Committee on Corporate Social Responsibility dated August 7, 2019, the Committee had given many recommendations. In its recommendation the committee recommended the following: The reporting for CSR needs to be strengthened, with enhanced disclosures for better information dissemination with respect to selection of projects, locations, implementing agencies to facilitate […]
Form IEPF-2 is required to be filed by the company/Corresponding New Bank which shall contain investor wise details of unclaimed and unpaid amounts in respect of dividends, debentures, deposits, etc.
Article explains procedures under Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. Article explains the relevant Rules of IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, Forms to be filed for compliance of that rule, Timeline for compliance of Rule, Attachments \ Additional Information Required to be attached with […]
Every company needs to comply the compliance mentioned by the Ministry of Corporate Affairs from time to time and other compliance as mentioned by Companies Act, 2013 or any other applicable act over the company. As per the Companies Act, 2013, some major compliance are Board Meeting, appointment of statutory auditor, MGT-7, Director’s KYC, INC-22A, […]
According to Section 2(37) of companies Act, 2013, Employees stock option schemes is an option given to the directors, employees or officers of the company or its holding and subsidiary company, the right to purchase or benefits or subscribe for the shares of the company at the pre determined price for a future dates. Therefore […]
DEFINITION: According to section 2 (16) of Companies Act, 2013 – Charge means : -an interest or lien -created on the property or assets of a company or any of its undertakings or both -as security and includes a mortgage TYPES OF CHARGE: Fixed Charge Floating charge Charge created on specific & identifiable assets. Eg: […]
MCA NOTIFICATION & ITS EFFECTS Situation Before Notification ♦ MCA in its Notification on 28 August 2020 has notified section 92(3) w.e.f 28-August-2020 which states that every company shall place a copy of the annual return on the website of the company, if any, and the web-link of such annual return shall be disclosed in […]
Article on Compliances by the Private Company after Incorporation covers the Timeline for First Board Meeting, Appointment of Auditor, Opening Current Account, Form INC-20A, Declaration of Commencement of Business, Issue Share Certificate, Holding of Board Meetings, Maintenance of Statutory Registers and Records, Disclosure of Interest by all the directors of the Company, Statutory Audit of […]
LOAN AGREEMENT THIS LOAN AGREEMENT (this Agreement) is MADE AND ENTERED INTO AT JAIPUR ON THIS 26TH AUGUST, 2021 BETWEEN: Mr. ________________ son/Daughter of Shri ________________ residing at ________________ (hereinafter referred to as the “Lender”,) which expression shall, unless repugnant to the context or meaning thereof, be deemed to mean and include his heirs, administrators, […]
The concept of Section 8 companies was introduced in Companies Act that permitted companies with charitable objects etc. to be registered without the words ‘Limited’ or ‘Private Limited’. The restriction was that the Companies were permitted to use the profits only for the purpose for which the company was promoted and there was a prohibition […]
