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 : joint audit involves two or more audit firms working together to issue an audit opinion on the financial statements of an organiza...
Company Law : SC rules that NCLT cannot decide on public law matters under MMDR Act in IBC cases, reaffirming High Court jurisdiction under Arti...
Company Law : Pvt Ltd ROC Filing is a essential compliance requirement for non-public confined groups in India. Filing ROC returns on time facil...
Company Law : Learn the ISIN issuance process, required documents, and compliance steps for dematerializing securities under the Companies Act, ...
Company Law : Understand purpose, filing requirements, due dates and penalties of Form MSME-1 for companies with outstanding dues to MSME suppli...
Company Law : The government addresses SFIO cases, IBC amendments, CSR compliance, and ESG reporting norms for publicly traded companies....
Company Law : Understand MCA V3 user types, registration, and login. Learn how to update profiles and resolve common issues....
Company Law : Find the provisional list of audit firms of listed companies that haven't filed NFRA-2 forms for the reporting period 2023-24. Upd...
Company Law : The Companies Act 2013 mandates corporate governance, transparency, and CSR reporting. Key provisions include financial disclosure...
Company Law : Understand the compliance regime for private limited companies in India, including business closure timelines and government measu...
Company Law : When the corporate debtor failed to pay the outstanding power obligation, appellant subsequently cut off the electrical service. O...
Company Law : The plain reading of the above provisions of Section 60(5)(c) clearly indicates that the NCLT is empowered to adjudicate any quest...
Company Law : NCLAT Delhi quashes CIRP against Alcuris Healthcare, ruling profit-sharing disputes do not constitute operational debt under IBC. ...
Company Law : NCLAT dismisses appeals in Saturn Ventures case, upholding RP’s findings on asset ownership and rejecting fraudulent transaction...
Company Law : NCLAT Delhi held that Liquidator is jurisdictionally empowered to proceed with private sale of Corporate Debtor by adopting Swiss ...
Company Law : The appeal by Maptech Poly Products Pvt Ltd against a penalty for non-maintenance of its registered office was dismissed by the Re...
Company Law : Vishnupriya Hotels' appeal led to a penalty reduction for non-compliance with Section 149(3) of the Companies Act. The company pai...
Company Law : Vishnupriya Hotels appealed against CSR non-compliance penalties. The Regional Director reduced the fine after reviewing submissio...
Company Law : Konoria Plaschem faced penalties for failing to appoint an internal auditor from 2014-2020. The fine was reduced on appeal. Read t...
Company Law : Water & Sanitation (India) for Urban Poor failed to hold board meetings from 2011-2019, leading to penalties. The fine was later r...
♦ Applicability of the CSR: 1. Every Company having – Net worth of Rs. 500 crore or more, or – Turnover of Rs. 100 crore or more, or – net profit of Rs. 5 crore or more during the immediately preceding financial year shall constitute Corporate Social Responsibility Committee Meeting. 2. Every Company including its […]
Basis of Distinction: Governing Sections: 1. Rights Shares: u/s 62 of Companies Act of 2013 2. Bonus Shares: u/s 63 of Companies Act of 2013 Meaning: 1. Rights Shares: Issue of further shares to the already existing shareholders of the company in ratio of the proportion of their holdings at discounted price. 2. Bonus Shares: […]
The Insolvency and Bankruptcy Code, 2016 (‘Code’) reconceptualised the framework for insolvency resolution in India. It provides a mechanism for the insolvency resolution of debtors in a time bound manner to enable maximisation of the value of their assets, with a view to promote entrepreneurship, availability of credit and balance the interests of all the […]
Shareholders are known as the real owners of the company that own equity shares issued by a particular company, whereas Directors on the other hand are the individuals who are elected to actually act as the representatives of such shareholders by establishing and implementing policies and decisions and act in the best interests of such […]
Due to resurgence of Covid- 19 pandemic and after considering requests received from Stakeholders Ministry of Corporate Affairs (‘MCA’) has decided to allow relaxation of time and condone the delay in filing of forms related to creation and modification of charges that are required to filed under Companies Act, 2013 (‘ACT’), pursuant to General Circular […]
This article is one of the very necessary tool in understanding the aspects of section 188 of companies act, 2013 also termed as RELATED PARTY TRANSACTION. In this article, you will be learning about some basic principles, law & rules applicable to the transactions entered by the company with their related parties, so let’s begin, […]
The Ministry of Corporate Affairs, Government of India, issued notification dated 24th March 2021, to amend Schedule III to the Companies act 2013 to enhance the disclosures required to be made by the Company in its Financial Statement. Purpose of amendment is to increasing stringency in compliances and adding numerous additional disclosures in Financial Statement. The main purpose […]
Companies Act – Amendments in Schedule III and Related Issues Ministry of Corporate Affairs (MCA) has made amendments in Schedule III with effect from 1st of April, 2021 meaning thereby, these amendments are applicable for FY 2021-22. As per Sec.129 of The Companies Act, 2013, Schedule III provides a format for Financial Statements of companies and […]
Latest Amendment in Directors Report and Auditor Report under Companies Act 2013 Director report The Ministry of Corporate Affairs, Government of India, issued notifications dated 24th March 2021 to amend Companies (Accounts) Rules, 2014 to enhance the disclosures required to be made by the Company in Board Report; These rules may be called the Companies (Accounts) […]
In this article, my effort is to highlight all the relevant aspects and process of incorporation of Section 8 Company and documents required thereof, through this article I would like to show the road map of the end to end procedural aspect of the incorporation along with the benefit of registration.
