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...
ICAI releases Technical Guide on the provisions of Independent Directors from Corporate Governance perspective Good Corporate Governance is the manifestation of beliefs, values and actions to ensure maximum value creation to the stakeholders. Value creation is a term broader than wealth creation. The objective of corporate governance is to enhance shareholder value keeping in view the interest […]
Applicability of Code of Criminal Procedure, 1973 (CrPC 1973) to the proceedings before the Special Court designated under Section 435(1) of the Companies Act, 2013 It is submitted that Section 2(29) (Definition of Court) of the Companies Act, 2013 (“Act, 2013”) has been notified on 12.09.2013 except clause (iv). Later on, in exercise of the […]
Section 143 (11) of the Companies Act, 2013 stipulates that the Central Government may order for the inclusion of statement on specified matter in the auditor’s report for specified class or description of companies. Accordingly, CARO 2016 was issued in pursuance of Section 143 (11) of Companies Act 2013 for inclusion of the matters specified therein in auditors’ report.
Ministry of Corporate Affairs (MCA) has vide its notifications dated 18th December 2020, issued amendment in following rules: 1. Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020: MCA has relaxed certain provisions under the law w.r.t. mandatory online proficiency self-assessment test that one has to undergo, post inclusion of his/her name in data […]
Direct Taxes Professionals’ Association has Requested FM for extension of validity of LLP settlement scheme, 2020, companies fresh start scheme, 2020 and scheme for relaxation of time for filing forms related to creation or modification of charges. It requested that all the deadlines of ROC compliances be extended to 31st March, 2021 or the scheme […]
Scheme for condonation of delay for companies restored on the Register of Companies between 01 December 2020 and 31 December 2020, under section 252 of the Companies Act, 2013
Availability of Companies Fresh Start Scheme-2020 Form as e-form w.e.f. 16th January, 2021 Companies Fresh Start Scheme, 2020 was a scheme which given a chance to enable companies to make good of any filing-related defaults, irrespective of the duration of default, and make a fresh start as a fully compliant entity. Companies Fresh Start Scheme, […]
Annual Compliance calendar for Unlisted Companies for the Financial Year (FY) 2020-21 [Under the Companies Act, 2013] Sr. No. Compliance Section & Rule Form Occurrence Due Date 1. Intimation by Director about disqualification Section 164(2) of the Companies Act, 2013 read with Rule 14(1) of the Companies (Appointment and Qualification of Directors) Rule, 2014 […]
What is an Offence? The term ‘Offence’ is not defined under the Companies Act 2013 (the ‘Act’). Sec 3(38) of the General Clauses Act, 1897 ‘Offence’ means any act or omission made punishable by any law for the time being in force. Section 2(n) of the Criminal Procedure Code ‘Offence’ means any act or omission […]
Handbook on Audit of CSR Activities, has been published by the ICAI in an effort to guide the members in meeting the expectations of the professionals and the stakeholders in this respect.
