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 : Newraise Alayam Groups Pvt Ltd and its directors fined ₹5 lakh by Chennai ROC for violating Section 12 of the Companies Act, 201...
Company Law : MCA amends Companies (Prospectus & Allotment) Rules, 2014. Private companies (non-small) get compliance extension until June 30, 2...
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...
We know that all big company are operated to earn profits apart from serving to society. And when it comes to profits, it directly relates to numbers i.e. financials of companies. The person who is responsible for financial working of the company. Auditor is eligible person, who audits the financial part and working of company. […]
Annual Filling is a mandatory for every company incorporated in India. The E-form filing along with the required documents must be filed with MCA. All companies registered under the Companies Act, 2013 or earlier like private limited company, one person company, limited company, and section 8 company is required to file MCA annual return and […]
SECTION 160 OF THE COMPANIES ACT, 2013 This section basically deals with the rights of person other than retiring director under Section 152 of the Companies Act, 2013 INTENTION BEHIND THIS PROVISION??? Section 160 provides for right of any person (including Member or Non Member of the company) to stand for the position of a […]
SECTION 185 OF THE COMPANIES ACT, 2013 To understand this Section properly we can divide it into three parts: Part 1. Will describe that Loan or Advance cannot be given to individuals or Director. Part 2. Will talk about Loans to Private Company and Body Corporates subject to fulfilment of certain conditions. Part 3. Will […]
WHAT IS A SOCIETY? A Society is an association of persons united voluntarily to fulfil the need of an institution of non-commercial nature for promotion of numerous charitable activities like education, art, religion, culture, music and sport etc. As per Section 20 of Society Registration Act, 1860, a society can be formed for any of the […]
Background: Section 12 of the Companies Act, 2013 makes it mandatory for every company to maintain a registered office at all times which capable of receiving and acknowledging all communications and notices as may be addressed to it. The situation clause of Memorandum of Association contains the state in which the registered office of the […]
Keeping in view of this COVID 19 Pandemic situation and Distressed economy, MCA has come up with Various relaxations and schemes for the rescue to companies and LLP’s and reduce various compliance & other burdens, Some of the Key & Important measures are as follows- Relax the requirement of holding Board meetings with physical presence […]
What if your company requires funds/capital to transact any business activity? The best and simplest way to introduced capital in the Company is by way of right issue of shares. In simple language, Right issue is a right or a preference given to existing shareholders while issuing shares of the Company as compared to others. […]
The Directors‘ Report arose out of a general move for greater transparency in corporate governance. It is useful for shareholders to find out issues such as whether the company has good finances, whether the market has potential, and whether the business has the structural capacity to expand into new opportunities. Section 134 of Companies Act, 2013 mandates certain […]
Internal Financial Control came into existence to promote risk management and governance process within the organization so that we don’t have another Satyam case in the future. In this article we have discussed the Internal Financial Control (IFC) from the Business perspective and from Auditor’s perspective:
