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 : Section 252 provides mechanisms for Companies to be reinstated in Registrar of Companies if they have been removed due to non-comp...
Company Law : Learn about mandatory committees under the Companies Act, 2013, including audit, nomination, stakeholder relationship, and CSR com...
Company Law : RoC penalizes LinkedIn India & Samsung Noida for SBO non-disclosure, expanding the interpretation of control under India’s Compa...
Company Law : Learn the rules for auditor appointments under the Companies Act, 2023, including first auditor, subsequent appointments, casual v...
Company Law : Summary: A debenture is a debt instrument issued by a company as per Section 2(30) of the Companies Act, 2013. It can be convertib...
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 : NFRA's 2023 inspection of Walker Chandiok & Co. LLP reveals ongoing issues in independence and audit procedures....
Company Law : NCLAT Delhi allows the appeal of Essar Oil & Gas, setting aside the NCLT Ahmedabad order admitting Section 9 application filed by ...
Company Law : NCLAT Delhi held that beneficiary under the personal guarantee is fully entitled to initiate Personal Insolvency Resolution Proces...
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 : 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...
Company Law : Tristar Transport India Pvt. Ltd. fined for delays in filing BEN-1 and BEN-2 under Section 90 of the Companies Act, 2013. Director...
Every company having net worth of rupees five hundred crore or more, or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during the immediately preceding financial year] shall constitute a Corporate Social Responsibility Committee of the Board consisting of three or more directors, out of which at […]
List of Important E-Forms In relation to Incorporation of Companies Under Companies Act, 2013 INC-3 : Form for consent of Nominee Of OPC. INC-4 : Intimation to ROC Regarding Change in Member/Nominee Of OPC. INC-5 : Intimation by OPC to ROC Of Exceeding Threshold in terms of Paid Up Share Capital : RS 50 Lakhs […]
Online Proficiency Assessment Test For Independent Directors Under Companies Act, 2013 The Ministry of Corporate Affairs with intent to foster the growth of Corporate Governance across the Boards has introduced slew of amendments in the Companies Act, 2013 and rules made there under by introducing the much awaited proficiency examinations for the Independent Directors (ID) […]
The Ministry of Corporate Affairs (MCA) has, vide notification dated 22nd October, 2019, notified the Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019 which shall substitute Rule 6 of the Companies (Appointment and Qualification of Directors) Rules, 2014. The amendment rules shall come into force w.e.f. 1st December, 2019. Given below is the […]
Ministry of Corporate affairs has notified four new rules as on 22nd October, 2019 namely Data Bank Notification relating to IICA, Companies (Accounts) Amendments Rules, 2019, Companies (Creation and Maintenance of Databank of Independent Directors) Rules, 2019 and Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2019. There are two things that need to […]
Additional Director under Companies Act, 2013 Section 161(1) of the Companies Act, 2013 speaks about the appointment of the additional director. The Board of Directors may appoint an additional director to the Board only if they have given power in articles of association. The additional director shall hold office from the date of appointment till […]
The name of a limited company may have to be changed for various reasons including change of objective of the business; change of management, rebranding, conversion of private limited to public limited & vice versa, rectification of name etc., The name of limited company can be changed at anytime with the approval of the shareholders. […]
Analysis of Section 92 Of Companies Act,2013. 1. Particulars of Annual Return ( MGT -7 ) : • Registered Office Of the Company. • Principal Business Activites of the Company. • Particulars of Holding, Subsidiary and Associate Companies. • Details of Directors, Promoters, KMP, Members And Debentureholders. • Remuneration of Directors And KMP. • Penalties/ […]
MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 22 October, 2019 G.S.R. 803(E). In exercise of the powers conferred by section 134 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Accounts) Rules, 2014, namely:- 1. (1) These rules […]
Central Government notifies Indian Institute of Corporate Affairs (IICA) at Manesar (Haryana) to create and maintain data bank containing names, addresses and qualifications of persons who are eligible and willing to act as independent directors, for the use of the company making the appointment of such directors. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the […]
