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...
[Section 110 and Rule 22 of the Companies (Management and Administration) Rules, 2014)] According to section 2(65) of Companies Act, 2013, “postal ballot means voting by post through any electronic mode. It includes voting by shareholders by postal or electronic mode instead of voting personally for transacting business in a general meeting. Each item proposed […]
The Ministry of Corporate Affairs (MCA) had issued the Circular No. 14/ 2020 dated 8th April, 2020 which has provided the clarifications with relation to passing of Ordinary Resolution and Special Resolution by companies under the Companies Act, 2013 and rules made thereunder on account of the threat posed by COVID-19. Through such Circular, the […]
APPOINTMENT OF ADDITIONAL DIRECTOR / DIRECTOR IN EXISTING COMPANY STEPS FOR APPOINTMENT OF ADDITIONAL DIRECTOR / DIRECTOR IN EXISTING COMPANY. Every person to be appointed as Additional Director / Director in the existing Company is required to have DIN no before his appointment. No person shall be appointed as a Director of a Company unless […]
The Ministry of Corporate affairs (MCA) has issued new Scheme “Companies Fresh Start Scheme 2020” which simply means File all pending ROC returns without any penalty. Brief about the Companies Fresh Start Scheme 2020: The central government has launched the Companies Fresh Start Scheme with effect from 1st April 2020 to allow a defaulting or […]
Companies Act, 2013 section 150 introduces one to selection of independent director through a data bank maintained by any body, institute or association etc. Just now I passed with flying colors the self-assessment test conducted by Indian Institute of Corporate Affairs to join 1950 other qualified professionals who offer themselves as independent directors. The purpose […]
As the Government of India is focusing on Ease of Doing Business many steps has been taken by MCA in relation to making easy process of Incorporation of Private/Public Limited companies in India. With the Introduction of Section in relation to CSR Activities in Companies Act 2013, many peoples from Society wants to Incorporate Society/ […]
Article explains What is Article of Association (AOA), Why a company need Articles of Association, Features of Articles of Association, Provisions for Entrenchment, Who can enforce Articles of Association, Do Articles of Association override the Companies Act, Form of Article, Contents of AOA, Where do you find Articles of Association and Signing of AOA. Sl. […]
Facilitation measures undertaken by Regulatory Authorities In the wake of pandemonium caused by spread of the COVID-19 virus, temporary relaxations in compliance requirements and other facilitation measures are very much needed. The following measures have been undertaken by both, the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI) to […]
Effective from 23rd Feb, 2020, a new integrated Web Based form ‘SPICE+’ pursuant to the Companies (incorporation) Amendment Rules, 2020 has been introduced by Ministry of Corporate Affairs (MCA) which will facilitate: – > Allotment of Director’s Identification Number (DIN) of the directors > Approval of Name of the company > Approval of PAN/TAN of […]
Further Clarification vide General Circular No 17/2020 on passing of ordinary and special resolutions by companies under the Companies Act, 2013 and rules made thereunder on account of the threat posed by COVID-19