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...
In this editorial, Author shall discuss about concept of Beneficial Interest, meaning of beneficial owner, registered owner, compliances in case of beneficial interest etc. A. REGISTERED OWNER: He is a person, whose name shall be enter into register of members but who does not hold the beneficial interest in such shares, legal interest vested with […]
In this editorial, Author shall discuss about ‘Management Services’ which are not allowed to be provided by Statutory Auditors. A. Restricted Services by Auditor: An auditor appointed under this Act shall not provide the following services directly or indirectly to the company or its holding company or subsidiary company: – √ accounting and book-keeping services; √ […]
MCA has issued two notification on 22nd July, 2021, Commencement of Section 4 of Companies (Amendment) Act, 2021 and Companies (Incorporation) Fifth Amendment Rules, 2021. As per notification, both the notifications came into effect from 1st September 2021. A. ANALYSIS OF NOTIFICATION – ONE: (Amendment in Section 16) By this notification, the Central Government has […]
In this editorial, Author shall discuss about concept of Signing of Financial Statement of Company (OPC, Small, Private, Public, Listed etc). Further, author shall try to answer the following questions: 1. How Many directors must sign the financial statement? 2. Whether, Chairman of Meeting solely sign the Financial Statement? 3. Can an independent Director sign […]
The Companies Act, 2013 introduced a new concept of ‘small company’. Its simply a Private Company but with less capital and turnover size. This move of the Government has played a significant role in establishing indefinite companies in India benefiting them in terms of compliance requirements. The Hon’ble Finance Minister Mrs. Nirmala Sitharaman had presented […]
Directors’ KYC is a new approach initiated by the Ministry of Corporate Affairs (MCA) in the year 2018 to check the existence of Directors of Company/s. This Form updates the KYC of the Directors. This Form needs to be filed every year by the Directors who have been allotted DIN by the MCA before 30th […]
When we go to a store to buy toothpaste, we often ask for Colgate and not for toothpaste. This is the power of Brand. The brand is nothing but the name of a company. Name decides the fate and future of the Company. One must be very diligent in choosing the name of the Company. […]
Employees Stock Option Scheme (ESOP) and Sweat Equity Shares are two methods of issuing shares by a company to its employees and also can increase the share capital of the Company. Both ESOP and Sweat Equity Shares are issued as per the provisions of the Companies Act, 2013 and Companies (Share Capital and Debentures) Rules, […]
Number of Directors Requirement in different companies: As per section 2(10) “Board of Directors” or “Board”, in relation to a company, means the collective body of the Directors of the company; As per section 149 of the Companies Act, 2013 every company shall have a minimum number of: 3 directors in the case of a […]
In this article, we will have insight over the applicable provisions of certain most common sections (yet vital) of the Companies Act 2013, which we come through day in and day out during Audit and Assurance assignments. CARO 2020 CARO 2020 is applicable to all companies including foreign companies w.e.f 1st April 2021. Following are […]
