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...
Company To Have Board Of Directors under Section 149 of Companies Act, 2013 COMPANY TO HAVE BOARD OF DIRECTORS 1. Number of Directors Every company shall have a Board of Directors consisting of individuals as directors Company Minimum Maximum Public Company 3 15 Private Company 2 One Person Company 1 Company may appoint more than fifteen directors after […]
Applicable Provision: Second Proviso of Sub-section (1) of Section 123 of Companies Act, 2013 & Rule 3 of the Companies (Declaration and Payment of Dividend) Rules, 2014 If there’s any inadequacy or inadequate profits in any year, a company may declare dividend out of surplus provided fulfilment of below-mentioned conditions: a. The rate of dividend […]
What is a Debenture? Section 2(30) of the Companies Act, 2013 defines a debenture which includes debenture stock, bonds or any other instrument of a company evidencing a debt, whether constituting a charge on the assets of the company or not. So basically, it is a kind of document evidencing a debt or acknowledging it […]
Amount to be contributed as specified under Companies Act, 2013? Section 135 provides that the companies, which are mandatorily required to spend towards CSR, shall spend at least 2% of their Average Net Profit (Calculated under section 198, and shall be exclusive of such sums as provided under CSR rules) of the preceding 3 Financial […]
The following table depicts various advantages of forming a Limited Liablity Partnership (LLP) over Private Limited Company. Basis Limited Liablity Partnetship Private Limited Company Minimum and maximum number of partners/members Minimum : 2 partners Maximum : No limit Minimum: 2 members Maximum: 200 members Form of contribution The contribution may either be in form of […]
We all know how hard this COVID pandemic hit us physically, mentally and financially as well. We had to lock ourselves in our houses to reduce its impact as we were left with no other better option. The government imposed a lockdown also due to which it was not possible for us all to abide […]
Obtaining the Certificate of Registration for your Company is an exciting moment in your business start-up journey. Your Company is born as an artificial legal person with certain inherent features, rights, powers and liabilities. Shareholders are the owners and the Directors are the brains and organs of a Company. In other words, the Shareholders and […]
CHECKLIST FOR THE INCORPORATION OF C-CORP IN USA:- 1-Why US C-CORP? United States Corporation (US C CORP) Has Got 1st Priority Around The World. Any person residing outside the United States and willing to make a company in the United States can make it any form of Sole Proprietorship, Partnership, Corporation and Limited Liability Company […]
1. Brief Overview What is a Limited Liability Partnership (LLP)? An LLP is a form of business organization that has become popular among entrepreneurs as it gives the benefits of a private limited company (such as limited liability and separate legal entity) along with flexibility offered by a traditional partnership firm. Thus, it combines the benefits of both […]
AOC- 4 XBRL- Form for filing XBRL document in respect of financial statement and other documents with the Registrar AOC-4 XBRL is required to be filed pursuant to Section 137 of the Companies Act, 2013 and Rule 12(2) of the Companies (Accounts) Rules, 2014 read with Companies (Filing of Documents and Filing of Forms in Extensible […]
