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...
RECENT DEVELOPMENTS IN COMPANIES ACT, 2013 Amendment in Year 2019 Companies (Ordinance), 2019 Companies Amendment Act, 2019 Other Recent Amendments 2019 √ Dematerialization of Securities √ Corporate Social Responsibility √ National Financial Reporting Authority √ Declaration of Commencement of business √ Creation/ Modification of Charge √ Significant Beneficial Owner COMPANIES (AMENDMENT) act, 2019 Process for […]
WHISTLE BLOWER POLICY IN INSURANCE COMPANIES A Whistle Blower is a person who exposes any kind of unethical activity, item or information that is deemed to be illegal, unconstitutional or not correct in an organisation. A business organisation is established for profit through business transactions. The business should be carried out according to rules and […]
1. Hold the Board meeting as per section 173 and Secretarial standard-1 -To take the approval of Directors for the conversion of public Company into Private by altering Articles of Company Subject to approval of Central Government (RD) -To get approval of member to alter the Articles of Company -To fix the date and time […]
Format of Notice for Calling AGM and Board Report for Small and One Person Company for Period of Financial Year 2018-2019 On the request of stakeholders, I am attempting to issue format of ‘Notice for Calling AGM and Board’s Report for Small and One Person Company for period of Financial Year 2018-2019′, hopefully this would […]
As per the Companies (Amendment and Qualification of Directors) Third Amendment Rules, 2019 those who have already filed DIR-3 KYC, would only be required to complete their KYC through a simple web-based verification service, which will be pre-filled with data, based on the records present in the registry of the government, for ease of verification by such persons concerned.
Section 210 of Companies Act, 1956 = Section 129 of Companies Act, 2013 PROVISIONS UNDER COMPANIES ACT , 1956 PROVISIONS UNDER COMPANIES ACT, 2013 Section 2(17): Financial Year “Financial year” means, in relation to anybody corporate, the period in respect of which any profit and loss account of the body corporate laid before it in […]
As per Section 2(16) of the Companies Act,2013 ‘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; Applicable Section 77 to 87 of Companies Act, 2013. Applicable Rules The Companies (Registration of Charges) Rules, 2014 CHARGE CREATION […]
Corporate Social Responsibility (CSR) Under Section 135 Of Companies Act, 2013 As Amended Vide The Companies (Amendment) Act, 2019 Read With Companies (Corporate Social Responsibility Policy) Rules, 2014: A Journey From Voluntary To Forced Contribution. 1 Applicability as per Section 135(1) Every company including its holding or subsidiary, and a foreign company defined under clause […]
MAJOR AMENDMENTS IN THE COMPANIES ACT, 2013 BROUGHT ABOUT BY THE COMPANIES (AMENDMENT) ACT, 2019 The Companies (Amendment) Act, 2019 which came into force on the 31st July, 2019 has brought about major amendments in The Companies Act, 2013. Some of the highlights are as under – 1. SECTION 2: APPROVAL OF CENTRAL GOVERNMENT REQUIRED […]
Points to be considered while drafting Information Memorandum in case of Issue of NCDs on private placement basis Serial No. Addressed to: INFORMATION MEMORANDUM ABC LTD A private limited company incorporated under Companies Act, 1956/2013 Date of Incorporation: ……………… Registered Office……………………………………… Telephone No: …………………. Website: ……………………………………. Information Memorandum for issue of Non-Convertible Debentures on a […]
