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 : Appointment of other officer such as CTO, COO, and CMO as Key Managerial Personnel (KMP) under Companies Act, 2013 – Key Con...
Company Law : Private Limited Companies in India ought to observe annual filing necessities to keep transparency and prison standing. This artic...
Company Law : Cost audit and cost records serve as essential tools for achieving these objectives, enabling companies to monitor, control, an...
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 : 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...
The current times have witnessed great economic turmoil in the country owing to the COVID-19 outbreak. Measures taken by the Government to contain the spread of this virus has had its own repercussions one of the major ones being difficulty in normal functioning of companies. This has in turn posed a situation where in almost […]
MCA has notified vide Notification No. G.S.R. 313(E) 26/05/2020 that contribution to ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)’ will fall under CSR Activities wef 28th March 2020. Article analyses CSR Provisions and related amendments in view of Pandemic Covid-19. (i) Corporate Social Responsibility (CSR) The corporate beyond making […]
1. Relevant Sections for Removal of Director: Section 169 and Section 115 of the Companies Act, 2013 2. To Remove Director suo-moto by the shareholders Section 169 of the Companies Act, 2013 states that the shareholders can remove the director by passing an ordinary resolution in a general meeting. 3. Special Notice as Per Section […]
Private Placement As Per Section 42 Read With Rules Made Thereunder of The Chapter III, Part II of The Companies Act, 2013 Meaning of Private Placement: A Private Placement means an issue of securities to a selected group of identified persons whose number shall not exceed 200 (excluding the qualified institutional buyers and employees of […]
Brief overview of the Company Fresh Start Scheme, 2020 : -In addition to circular 11/2020 dated 24th march, 2020. -One time opportunity of filing of forms without additional fee and immunity for prosecution and proceeding for penalty on account of such delayed filings. -Only normal fees are required to be paid. -It also gives an […]
Annual General Meeting (AGM) through Video Conferencing (VC) or other Audio Visual Means (OAVM) for FY 2019-20 In view of the difficulties faced by the stakeholders on account of threat posed by Covid-19, MCA on 05.05.2020 has come up with Circular No. 20/2020, allowing companies to conduct AGM through VC or OAVM, beneath are some […]
Appointment of Director Elected by Small Shareholders- Section-151 of Companies Act,2013 ♠ Small shareholders” means a shareholder holding shares of nominal value of not more than twenty thousand rupees. ♠ As per section 151 of companies act 2013 read with Rule 7 of the companies ( appointment and qualifications of directors ) Rules, 2014 ♠ […]
Q.1 What are Statutory Registers? Ans: Statutory Books are the official records kept by the company relating to all legal and statutory matters. The registers that contain the specific record of the company’s shareholders, directors, deposits, loan & guaranty, etc. Q. 2 What are the examples of Statutory Registers? Ans: 1. Register of Members 2. Register […]
Analysis On Section 180 (Restrictions On Powers of Board) of Chapter XII of The Companies Act, 2013 Section 180(1) is talking about the following powers which can’t be exercised by the Board of Directors (Board) without passing special resolution in the general meeting of the members of the Company : (a) To sell, lease or […]
Companies (Auditor’s Report) Order, 2020 (CARO) – Enlarging Auditors Responsibility “Companies (Auditor’s Report) Order, 2020 (CARO) – Enlarging Auditors Responsibility”Recently Ministry of Corporate Affairs has come out with Companies (Auditor’s Report) Order, 2020; alongwith increase in scope of many clauses and insertion of new clauses, there is also deletion of single clause. Therefore in this […]
