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...
New dimensions of the OPC were introduced in the Company Act 2013 by the Ministry of Corporate Affairs to provide the benefits of private company to Proprietorship firm and Individual entrepreneur. OPC is also a private company as per section 3 (1) (C) of companies Act, 2013 but in companies Act, 2013 there some benefits […]
As per Section 124 of Companies Act, 2015 Where a dividend has been declared by a company but has not been paid or claimed within 30 days from the date of the declaration to any shareholder entitled to the payment of the dividend, the company shall, within 7 days from the date of expiry of […]
Provision of Companies Act, 2013 related to Lending by Companies as amended by Companies (Amendment) Act, 2017 Section 185 – New Provisions with respect to giving loans or Providing any guarantee/security by the companies (made applicable with effect from 7th May 2018). With effect from 7th May 018 Section 185 newly substituted, as under : […]
This Article is as per THE COMPANIES (AMENDMENT) ACT, 2019, hereinafter referred to as the Act. When a company requires funds, financial assistance, working capital finance as loan or debt, or to raise capital for financing large scale projects and expanding its business they certainly approach the banks and the financial institution for the same. […]
Corporate Social Responsibility (CSR): Corporate social responsibility refers to the initiative and contribution of an enterprise towards the economic, environmental and social welfare of the general community. In this article, we look at some of the major aspects of CSR committees and its Meetings. CSR COMMITTEES Constitutions of CSR Committee Companies to which section 135 […]
Every foreign company shall, within thirty days of establishment of its place of business in India, in addition to the particulars specified in sub-section (1) of section 380 of the Act, also deliver to the Registrar for registration, a list of directors and Secretary of such company. A foreign company shall, within a period of […]
Before filing of annual return of any company we should know some key points like: ♣ what the status of our company ♣ what benefits/Exemptions available for our company There are some Benefits / exemptions for small companies that every Stakeholder should remember before filing of annual return of their company. Definition of Small Company:- […]
Section 135 of Companies Act, 2013 pertaining to Corporate Social Responsibility (CSR) is applicable to following class of companies who during the immediately preceding financial year have: Net profit before tax of Rs. 5 Crore or more or Net worth of Rs. 500 Crore or more or Turnover of Rs. 1,000 Crore or more In this […]
Exposure Draft of Revised Guidance Note on Division III – Non Ind AS Schedule III to the Companies Act, 2013 by Corporate Laws & Corporate Governance Committee ICAI ED/GN-Div-III/2019-2020/50 EXPOSURE DRAFT ON GUIDANCE NOTE ON DIVISION III TO SCHEDULE III TO THE COMPANIES ACT 2013 FOR NBFC THAT IS REQUIRED TO COMPLY WITH INDIAN ACCOUNTING […]
Article explains Who is a Company Secretary, Who is required to have company Secretary/ KMP, Time Period for such appointment of Company Secretary, Process for appointment of company secretary, Roles and Responsibilities of Company Secretary, Core Duties of the Company Secretary, Appointment of Company Secretary – Offence & Penalty: Section 203(5) and also provides Draft […]
