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 : 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...
Company Law : NFRA imposes Rs. 5 lakh penalty and 5-year debarment on CA Neeraj Bansal for professional misconduct during Religare Finvest Ltd's...
What is the significance of Board Meeting? With reference to Companies registered in India, conducting a Board Meeting is mere compliance of law by word and not by the spirit of it especially where family members are on the Board. From a business point of view taking decisions is very important for running the business […]
The requirement of Audit Committee as per sub section (1) of section (177) of the Companies Act, 2013 has been limited to 1. Every Listed Public Company. 2. The Following Class of Companies All public companies with a paid-up share capital of Rs. 10/- crores or more; or. All public companies having turnover of Rs. 100/- […]
It has almost been a decade that LLP Act came into existence. Those business owners who were forming Partnership before are now choosing LLP due to many benefits like a legal entity in the eyes of law, corporate structure and less compliance. Let us now understand how to incorporate an LLP? Applicable Forms RUN LLP: […]
Director is an employee of the Company. So often they wonder what is their personal liability. Here I list down few things which you should always keep in mind. Ensure that all the annual compliance is done: As you all would be aware, if directors do not get the annual compliance of Company done with […]
Article explains top 10 Compliances for newly incorporated Private Company which includes Conducting first Board meeting within 30 days from the date of Incorporation, Opening of Companies Bank Account, Appointment of Statutory Auditor of Company, Allotment of Securities and Issue of share certificate, Stamping of share certificate, Filing of e-form INC-20A, Minimum Board meetings, Holding […]
Articles summarizes Companies (Winding Up) Rules, 2020 and explains about Winding up by Tribunal, Liquidator, Winding up Order, Application for Stay of Suits etc. On Winding Up Order, Reports by Company Liquidator under Section 281,
Considering the need to take precautionary steps to overcome the outbreak of the coronavirus (Covid-19), the Government has decided to relax the requirement of holding Board meetings with physical presence of directors under section 173 (2) r/w rule 4 of the Companies (Meetings of Board and its Powers) Rules, 2014 for approval of: Annual financial […]
Under the new framework, the definition of an ‘Indian entity’ specifically includes LLP registered under LLP Act, 2008. The erstwhile framework defined ‘Indian entity’ as a company or a body corporate or a firm in India.
Section 67(1) of Companies Act, 2013 prohibits buying by a company of its own shares. Thus, unless the transaction is one in which shares are bought (for consideration), Section 67(1) would not apply (since buying contemplates payment by buyer some consideration to the seller). Section 67(1) would not apply if a company holds its own […]
The Ministry of Corporate Affairs (‘MCA’) vide notification dated 24 January 2020, has notified the Companies (Winding Up) Rules, 2020 (Rules). The Rules are applicable to companies going into ‘winding up for the circumstances mentioned u/s 271’ as well as ‘Summary procedure for liquidation u/s 361’ of Companies Act, 2013. The Rules comprise of 191 […]
