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 the provisions and step-by-step process for Indian companies to issue shares for consideration other than cash, including va...
Company Law : Understand MSME Form 1 compliance under the Companies Act. Learn who must file, due dates, V3 updates, and penalties for non-compl...
Company Law : Learn the process and legal compliance for issuing preference shares through rights issue under Companies Act, 2013. Understand el...
Company Law : Explore the legal aspects of dividend waiver under the Companies Act, 2013 in India, including procedure, conditions, and the Sun ...
Company Law : Legal analysis: Can a partnership firm subscribe to a company's MOA/AOA under the Companies Act, 2013? Examination of legal provis...
Company Law : ICSI warns students against using 'CS' before their name without eligibility, citing penalties under Section 24 of the Company Sec...
Company Law : Government penalized companies for CSR non-compliance under the Companies Act. Details of penalties, CSR spending, and fund transf...
Company Law : NFRA's 2023 inspection of Deloitte Haskins & Sells LLP finds improvements but notes ongoing issues in key audit areas....
Company Law : NFRA highlights auditor responsibilities in related party transactions, emphasizing compliance with Ind AS 24, SEBI regulations, a...
Company Law : NFRA outlines audit strategy and planning requirements, emphasizing auditor communication with audit committees and compliance wit...
Company Law : NCLAT Delhi held that lease hold rights are assets of Corporate Debtor hence termination of the same by GIDC is in violation of se...
Company Law : NCLAT Chennai dismisses appeal as infructuous but raises concerns over the process followed by NCLT in passing the original order...
Company Law : NCLT Mumbai approved resolution plan of Corporate Debtor [Cane Agro Energy (India) Ltd] as submitted by resolution applicant [M/s....
Company Law : The Adjudicating Authority by the impugned order rejected MA No.03 of 2023. The Adjudicating Authority held that non-compliance by...
Company Law : The Respondent had preferred applicaton under Section 66 of the Code wherein Respondent Nos. 1-2 are the suspended directors and t...
Company Law : Caparo Maruti penalized for failing to appoint a woman director as per Section 149(1) of the Companies Act. Penalties imposed on c...
Company Law : ROC Ahmedabad penalises Divyam Infracon and its directors Rs. 4 lakh for failure to file e-Form ACTIVE as per Section 12 of Compan...
Company Law : MCA seeks comments on draft rules widening fast-track mergers scope under Section 233 of Companies Act, 2013. Suggestions due by M...
Company Law : Summary of the appeal by Aaryak Jewellery Pvt Ltd against penalties under Sections 42, 55, and 62 of Companies Act, 2013. Decision...
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...
Article explains Provisions related to Deposit under Companies Act 2013, Meaning of Deposit, Reason for introducing provisions relating to deposits in Companies Act, Difference Between a Loans and Deposits under Companies Act 2013, Provisions related to Accepting of Deposits from Members and Provisions related to Invitation of Deposits from Public under Companies Act 2013. What […]
Independent Directors serve as an important Institution of corporate governance contributing significantly at the boards by bringing a diverse set of skills with an independent judgement on the significant issues. Independent Directors need to act as the custodians of good governance by discharging monitoring and advisory role effectively.
AMENDMENT – NEW RULES – The Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2020 The Central Government hereby makes the following rules, further to amend the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, namely:- In the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, (hereinafter referred to as the principal rules), in rule 3, after sub-rule […]
The concept of Auditor independence requires the auditor to carry out his or her work freely, with integrity and in an objective manner. Though auditor is appointed by the shareholders, effective power of their appointment and dismissal lies with the management.
Where a director was disqualified under section 164(2) of the Companies Act 2013 for not filing Financial Statements and Annual Returns continuously for a period of three years, then, the disqualification was incurred and no interim relief was to be granted for the same as these were ministerial or administrative act of filing which was to be performed by the Company.
Section 44 of the Companies Act, 2013 the shares or debentures or other interest of any member in a company shall be movable property transferable in the manner provided by the articles of the company. Sub-section 2 of Section 58 of the Companies Act, 2013 provides that the securities or other interest of any member […]
Indian Institute of Corporate Affairs (IICA) have introduced an online databank for all existing and aspiring Independent Directors. The databank has been originated from the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019 issued by the Ministry of Corporate Affairs on 22/10/2019. As per the said rules, all existing Independent Directors need to […]
Condition of delay u/s 460 Companies act is now applicable to Limited Liability Partnership The Ministry of Corporate Affairs (MCA) vide notification dated January 30, 2020, has directed that the provisions of Section 460 of the Companies Act, 2013 shall apply to a limited liability partnership (LLP). This Section 460 of the Companies Act, 2013 […]
Key Take Away from newly introduced Company Secretaries (Amendment) Regulations, 2020 ♦ New Admissions to the Foundation Programme of CS Course stands discontinued. (Note : Existing Foundation Programme Students shall be allowed to appear in the Foundation Programme Examinations till expiry of the validity of their registrations. Such students, after passing the Foundation Programme Examinations, […]
It’s a common question amongst many professionals, mentioned below with hypothetical situation: If a company fails to file Active form, status of form changed as Active Non Complaint. Out of 3 Directors 2 has not filed their DIR-3 KYC. Due to non filing of DIR-3 KYC their DIN are deactivated. Due to deactivation of DIN, […]
