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 : Understand CSR in India, its applicability, permitted activities, non-permitted contributions, penalties for non-compliance, and r...
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 : 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...
Every Unlisted Public Companies shall issue their securities in dematerialised form on or after October 02, 2018 and facilitate the dematerialisation of its existing securities in accordance with Depositories Act, 1996
In India, business is commonly managed by the family member. When the business is privately held and is considered the participation from the junior member(s) of the family is also welcomed. Hence it is feasible to use skills and use the contribution of those members on the business part the contractual & legal part is […]
Insights of Rule 9A and e-Form PAS-6 It is mandated for all the unlisted Public companies (except a Nidhi Company, a Government Company and a Wholly owned subsidiary Company) to issue the securities in dematerialised form only, vide its notification dated 10th September 2018, wherein Rule 9A of Companies (Prospectus and Allotment of Securities) Rules, 2014, was […]
Company incorporation Company Definition: Section 2(20) of Companies Act 2013: a company incorporated under this Act (Companies Act, 2013) or under any previous company law; Formation of Company by subscribing their names or his name to a memorandum and complying with the requirements of this Act in respect of registration One Person Company shall indicate […]
Article explains Purpose of Form PAS-6 (Reconciliation of Share Capital Audit Report), Statutory Provision related to Form PAS-6, Applicability (Rules) related to Form PAS-6, Non Applicability of Rule 9A, Date of Deployment of Form PAS-6, Last Date of filling of Form PAS-6, Key details required for Form PAS-6 and Fees for the Form PAS-6. 1. […]
Reconciliation of Share Capital is understood as to tally the records of dematerialised and physically held securities with all the securities, on regular basis. In other words, it is reconciliation of total Share Capital held in DMAT form with NSDL & CDSL and in physical form by the shareholders with the total Capital admitted, issued and listed capital, if any.
Issue of Share Capital Private Placement (Procedure And FAQ As Per Companies Act 2013) ISSUE OF CAPITAL- PRIVATE PLACEMENT OF SHARES A private placement is a mode of raising of capital that involves the sale of securities to a relatively small number of selected investors. A private placement is different from a public issue in […]
The Supreme Court has reiterated that ‘dispute’ for the purpose of Section 8 of the Insolvency and Bankruptcy Code must truly exist in the facts and spurious, hypothetical and illusory
In the year September 2017, the Ministry of Corporate Affairs (‘MCA’) had struck off 2,00,000 Companies from the record of Registrar of Companies (‘ROC’) that were suspected to be ‘shell companies’ and also directed banks to restrict the operation of bank accounts of these companies by the directors or their authorized representatives. It is crucial to […]
♦ Section – 186: Loan and Investment by Company: > “investment company” means a company: whose principal business is the acquisition of shares, debentures or other securities and will be deemed to be principally engaged in the business of acquisition of shares, debentures or other securities, if its: √ assets in the form of investment […]
