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 : Government updates on share certificate claims: FIR condition removed for values up to Rs. 5 lakh. Companies must ensure authentic...
Company Law : Govt discusses proposed amendments to Companies Act, 2013 to enhance ease of business and CSR regulations, ensuring compliance and...
Company Law : Analysis of CSR compliance under the Companies Act, 2013. Details on CSR spending mandates, sectoral allocations, and state-wise e...
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 : 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...
Section 42 of the Companies Act, 2013 (‘CA 2013’) relating to private placement norms for issue of securities, was substituted by the Companies (Amendment) Act, 2017 w.e.f. 07.08.2018. Simultaneously, Companies (Prospectus and Allotment of Securities) Rules, 2014 was amended by the Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018 w.e.f. 07.08.2018. The amendments […]
Limited Liability Partnership (LLP) is a combination of a company and a partnership firm. It has limited liability of a company and flexibility of a partnership. An LLP is governed by the provisions of Limited Liability Partnership Act, 2008. The vary purpose of introduction of this new form of business entity is to provide a […]
Name change process of Private Company: Steps for name change 1. Board approval for new name 2. Approval of name in RUN form 3. Approval letter 4. EGM for Member approval 5. Form filling to MCA- MGT-14 and INC-24 6. On approval New COI issued by ROC 7. Name change in PAN, TAN, bank account, […]
The Ministry of Corporate Affairs (MCA) wide 2 different notifications dated 22 July, 2021, notifies Companies (Incorporation) Fifth Amendment Rules, 2021 and Commencement of Section 4 of the Companies (Amendment) Act, 2020 So let us discuss these notifications in detail in this article. Summary/ Gist of Notifications Insertion of Rule 33A- Allotment of a new […]
Preference shares as the term implies are the shares that having priority over the equity shares. These shares contain a preferential right to receive the dividend as are declared by the company on first priority basis. They are not only having a Preference in receive a dividend on the priority basis but they also have a […]
Explore the application of insider trading regulations to PIPE transactions. Learn about the stages of a PIPE transaction and the interplay with PIT regulations.
HOW TO REGISTER YOUR COMPANY/LLP Documents Needed: 1. PAN or Aadhar- ID proof of the owners 2. Registered office (perfectly okay to have your home as an office where all registered documents and post will be sent if you’re allowed to put a hoarding and have utility bill of 2-3 months like water, electricity) 3. […]
1. Parties involved: -Company -Directors -Professionals like CA, CS, Advocate -Company Liquidator -Tribunal -Registrar of Companies (RoC) 2. Procedure for Closing of a Company: 1. Selling of Company Selling off a private company is similar to voluntary winding up. It involves transfer of majority shareholding and transfer of responsibility to the new owners. It discharges […]
In accordance with the general practices, every company is required to prepare the extract of the annual return in Form MGT-9 and that too before the preparation of actual Annual Return in E-form MGT-7 which is submitted to ROC within 60 days of AGM. The Form MGT-9 is an extract of the annual return which […]
Section 44ADA – Presumptive Tax Scheme for Professionals -A scheme for presumptive taxation was introduced under section 44ADA from the FY FY 2016-17. -Section 44ADA provides a simple method of taxation for small professionals. Section 44ADA offers a scheme of presumptive taxation of profits and gains arising from professions mentioned under Section 44AA(1) of the […]