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...
Article answers some of FAQs on Indian Subsidiary and Company Registration in India for a non-resident or a foreigner wanting to get started with company registration in India? Here we have made a compilation of the Most Frequently Asked questions. Q1) We are a company operating outside India. Can we start a business in India […]
Article explains How to Register a Private Limited Company in India and also answers some of the FAQs related to Private Company Registration in India under Companies Act, 2013.
Checklist/Guidelines for change of registered address of the company from one state to another Applicable Sections under Companies Act 2013 – Section 4 (Memorandum), Section 12 (Registered Office of the Company) Section 13 (Alteration of Memorandum of Association) Applicable Rule under Companies (Incorporation) Rules, 2014 – Rule 30 (Shifting of Registered Office from one State […]
Allahabad High Court held thaty there is no provision which empowers ROC to de-activate DIN, only on the ground that a Director has incurred disqualification under Section 164(2) (a) or his Office has become vacant under Section 167(1) (a). It also quashes List of disqualified directors published by ROC in public gazette.
Defaults under the Companies Act, 2013 provides for certain liabilities and the registrar of a company has powers to initiate prosecution against the company and its directors and other officers in accordance with the provisions of the law. When a provision has been violated or a default or delay has occurred, the directors may, instead […]
Under the erstwhile Companies Act, 1956, a Private Limited Company could start its business immediately upon receipt of a Certificate of Incorporation from the concerned Registrar of Companies. However Public Companies were required to obtain a Business Commencement Certificate before commencement of business pursuant to Section 149 of the erstwhile Companies Act, 1956. The said […]
Article explains Applicable provision for Conversion of a Public Limited Company into a Private Limited, E-Forms for Conversion of a Public Limited Company into a Private Limited, Procedure for Conversion of a Public Limited Company into a Private Limited and Steps to be taken after Conversion of a Public Limited Company into a Private Limited […]
Section 149 and Section 150 of Companies Act, 2013 read with Chapter XI The Companies (Appointment and Qualifications of Directors) Rules, 2014 Independent Director: ‘independent director’ means an independent director referred to in sub-section (6) of section 149 (Annexure A of this Article). Applicability: 1. Listed Company. 2. the Public Companies having paid up share capital of […]
Every individual who is already an Independent director and who intends to be appointed as independent director shall compulsorily pass Online Proficiency Self Assessment Test conducted by the IICA within a period of 1 (one) year from the date of registration. Detailed Provisions 1. Application for registration: Every individual who is already an Independent director […]
ANALYSIS OF VARIOUS ASPECTS INTERNAL FINANCIAL CONTROL UNDER COMPANIES ACT, 2013 There are various Statutory Provisions under the Companies Act 2013 (the Act) which govern ‘Internal Financial Control’ in the Company. Relevant provisions of the Act, for the applicability of Internal Financial Control is reproduced as under: 1. Section 134(5) of the Companies Act, 2013: […]
