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...
The following won’t be recognized as ‘transfer’, and hence, no capital gain to be arise on the same: -Any transfer of a capital asset or intangible asset by a private company or unlisted public company to a limited liability partnership. -Any transfer of a share or shares held in the company by a shareholder as […]
Producer Company– A Producer Company is a form of an organization that consists of producers / farmers / agriculturalists as its members with primary objective of procurement, production, harvesting, etc of agricultural produce. It is basically a combination of a Cooperative Society and a Private Limited Company which instills the essence of Cooperative Society in […]
Registered office of the company is the official address of the company where any communication relating to the company is sent. As it is for public records therefore different Government Departments and other organizations/entities/stakeholders uses the same record to communicate with the Company.
Ministry of Corporate Affairs in view of COVID-19 has taken the following measures to reduce the compliance burden and other risks General Circular No. 08/2021 : TIME GAP BETWEEN TO BOARD MEETINGS Please note that in view of the difficulties arising due to resurgence of Covid-19, the gap between two consecutive meetings of the Board […]
Liability of Personal Gurantor under IBC with reference to Lalit Kumar Jain VS Union of India TRANSFERRED CASE (CIVIL) NO. 245/2020 The Liability of Personal gurantor is comparatively more riskier than any other Creditor as the gurantors personal asset shall be liable and can be attached with the Resolution Plan. But there is a option […]
Change in Name of Company (FAQs) Updated Up-to 23/05/2021 Q.1 What are reasons for alteration of Name Clause of the Company? Ans. -Change of Name by Shareholders (Voluntary); -Change of Name due to order of the Central Government. Q.2 When Change in Name of Company is not allowed? Ans. The change of name shall not […]
Independent Director – A Brief Introduction About Eligibility, Powers, Appointment Terms An Independent Director has always been a person of high regard and intellect, he is always been a person who is a face of governance in the Board. An independent director is a non-executive director of a company who meets the criteria of being […]
Minister of State for Finance and Corporate Affairs Shri Anurag Singh Thakur launches 1st Phase of MCA21 Version 3.0. Revamped website, e.Book, e.Consultation module and new email services deployed for better stakeholders’ experience introduced
FAQs on New MCA Website Q.1 Has the new MCA website been launched? Has there been any change in the existing services? Ans. The Ministry of Corporate Affairs is in the process of implementing the third version of its flagship project MCA21 (MCA 21 V3). The project will be developed and implemented in phase-wise manner […]
The Ministry of Corporate Affairs is in the process of implementing the third version of its flagship project MCA 21 (NCA 21 V-3). The project will be developed and implemented in phase wise manner over the fiscal year 2021-22. In May 2021 (Phase-1), – Ministry will release an upgraded version of MCA website, followed by […]
