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 : Kalpakkam Nidhi Ltd fined Rs. 20,000 for non-compliance with Rule 14(6) of Companies Act. IT order mandates payment within 90 days...
Company Law : Musiri Kamadhenu Nidhi Ltd and directors fined ₹14 lakh by Chennai ROC for violating Sections 117(3)(g) & 179(3)(g) of the Compa...
Company Law : APS Micro Credit fined Rs. 1 lakh for violating Section 158 of the Companies Act, 2013. Director failed to mention DIN in financia...
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...
The Ministry of Corporate Affairs has issued the Companies (Auditor’s Report) Order, 2020 (CARO 2020) on 25th February 2020 which is applicable for audits of financial statements for the financial years beginning on or after 1st April, 2019. We hereby inform you that the Auditing and Assurance Standards Board of ICAI is in the process […]
Article contains Checklist for Annual Compliances of Private Limited Company which includes First Board Meeting, Subsequent Board Meeting, First Annual General Meeting, Subsequent Annual General Meeting, Disclosures of Interest by Directors/Declaration, Appointment of First Auditor, Appointment of Subsequent Auditor, Filing of form ADT-1, Filing of Financial Statements i.e. form AOC-4, Filing of Annual Return i.e. […]
What is Managing Director under Companies Act, 2013? Section 2(54) of the Companies Act, 2013 provides that ‘managing director’ means a director who, by virtue of the articles of a company or an agreement with the company or a resolution passed in its general meeting, or by its Board of Directors, is entrusted with substantial […]
What is Charge? As per sec 2(16) “charge” means an interest or lien created on the property or assets of a company or any of its undertakings or both as security and includes a mortgage. Section 77 of Companies Act, 2013, deals with Registration of Charge Any company creating charge should register the particulars with […]
Article contains Procedure for change of Name for company in India (Including NBFC), Action required to be taken after getting new certificate of incorporation post name Change of Company and Specimen of Resolutions and RBI Letters for change of name by NBFC in India.
In order to make regulatory regime for Nidhi Companies more effective and also to accomplish the objectives of transparency & investor friendliness in corporate environment of the country, the Central Government has recently amended the provisions related to NIDHI under the Companies Act and the Rules (effective from 15.08.2019).
What is Managing Director under Companies Act, 2013? Section 2(54) of the Companies Act, 2013 provides that “managing director” means a director who, by virtue of the articles of a company or an agreement with the company or a resolution passed in its general meeting, or by its Board of Directors, is entrusted with substantial […]
In corporate governance parlance, auditors are considered to be key ‘gatekeepers’. However, governance failures both in India and around the world have pointed fingers towards the role of auditors. This has led to a series of reforms that impose greater stringency on auditors and the audit process. The concept of Auditor independence requires the auditor […]
Comparison of CARO 2016 and 2020 Clause 1: Reporting on Property, Plant and Equipments and Intangible Assets: CARO 2020 CARO 2016 (a) (A) whether the company is maintaining proper records showing full particulars, including quantitative details and situation of Property, Plant and Equipment; (B) whether the company is maintaining proper records showing full particulars of […]
Reservation of Name or Change of Name –An Application for reservation of Name or change of Name shall be made through the web service RUN (Reserve Unique Name) along with fee as provided in the Companies (Registration Offices and Fees) Rules, 2014.
