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 : 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 : 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 : 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...
Comparison between Issue of shares on Right Basis (Right Issue) and Issue of shares on Preferential Basis (Preferential Allotment through Preferential Offer) under Companies Act, 2013 Issue of share on Rights Basis and issue of shares on Preferential Basis are covered under Section 62 of the Companies Act, 2013 and Companies (Share Capital and Debentures) Rules, 2014 and […]
It has been decided to start regular hearing in NCLT Benches w.e.f. 1.07.2021 through Video Conference on all working days or as mentioned in remarks Column. The Composition of the Benches is as follows:
Director’s Report is the significant financial document of the Company need to file at the end of the financial year within Specified period in the form of annexure. Following are the main points need to mention in the Board report as per the prescribed provision of the Companies Act, 2013: 1. Financial results includes both […]
Savita Joshi ‘Mutual Fund Sahi Hai’ This tagline has been the driving force amongst small investors to start SIP in hope of amassing a fortune. However, internationally and nationally since the 90s,the world has experienced scams such as Enron, Worldcom and our very own infamous big bull Mr. Harshad Mehta. These frauds have resulted in […]
Straight through Process (STP) is the procedure used by India’s Ministry of Corporate Affairs (MCA) when it comes to approving electronic forms filed with it. It is a system through which e-filing is auto approved without manual interruption. Following is a list of e-forms which are approved through STP. Form Description When is STP followed […]
The ministry of corporate affairs (MCA) has notified The Companies (Accounting Standards) Amendment, Rules 2021 on 23rd June 2021. These Rules came into effect from 23rd June 2021.
Ministry of Corporate Affairs (MCA) has notified, Companies (Creation and Maintenance of databank of Independent Directors) Amendment, Rules 2021 on 18th June 2021. These Rules came into effect from 18th June 2021. Applicability: The new norms shall be applicable to Existing Independent directors and Individual who are willing to be appointed as independent director and […]
Ministry of Corporate Affairs (MCA) has notified, The Companies (Meetings of Board and its Powers) Amendment, Rules 2021 on 15th June 2021. These Rules came into effect from 15th June 2021. Section 173 of Companies Act, 2013 allows to hold Board Meeting through physical as well as video conferencing mode. However, Rule 4 restrict some […]
Q.1 While filing DPT-3 for f.y. 2020-21, which date shall be mentioned for Closing of Account at colloum 7(a)? Ans. As per instruction Kit, Company must mention date of ‘Last Closing of Account’ at column no. 7(a). Therefore, one can opine that for the Financial year 2020-21 date of last closing of account shall be […]
‘Deemed Public Company’ is nowhere specifically defined under Companies Act, 2013 or its Rules. So, it is only after analysis of Sub-Section 71 of Section 2 can one get an indirect definition of deemed public company. Section 71 reads as under: “public company” means a company which- (a) is not a private company and; (b) […]
