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...
The Ministry of Corporate Affairs has issued a General Circular No. 07/2019 dated 27TH June, 2019 and has clarified the following: a) Every person who has already filed DIR-3 KYC will only be required to complete his / her KYC through a simple web-based verification service, with pre-filled data based on the records in the registry, for ease of verification by the person concerned.
Smt. Nirmala Sitharaman- Minister of Finance and Corporate Affairs moves the Companies (Amendment) Bill, 2019 for consideration in the Rajya Sabha. She replies to the debate on Companies (Amendment) Bill, 2019 in the Rajya Sabha. Gandhiji’s trusteeship principle is with which profit-making can not be devoid of social responsibility. The amendments we are bringing now […]
(1) This Act may be called the Companies (Amendment) Act, 2019. (2) The provisions of this Act, except sections 6, 7 and 8, clauses (i), (iii) and clause (iv) of section 14, sections 20 and 21, section 31, sections 33, 34 and 35, sections 37 and 38 shall be deemed to have come into force on the 2nd day of November, 2018.
i. e-Form DIR-3 KYC is to be filed by an individual who holds DIN and is filing his KYC details for the first time OR ii. By the DIN holder who has already filed his KYC once in e-form DIR-3 KYC but wants to update his details.
Nidhi means ‘TREASURE’ The main business of Nidhis, viz. borrowing from members by way of Fixed Deposits and Recurring Deposits, providing locker facility and lending to members only, are known under different names such as Nidhi, Permanent Fund, Benefit Funds, Mutual Benefit Funds and Mutual Benefit Company. The concept of Nidhi’s is popular in South […]
Significant beneficial owner, in relation to a reporting company means an individual referred to in sub -section (1) of section 90, who acting alone or, together, or through one or more persons or trust, possesses one or more of the following rights or entitlements in such reporting company, namely: (i) Holds indirectly, or together with […]
All companies registered in India other than a One Person Company is required to hold an annual general meeting each year in addition to other General Meeting. There should not be a gap of more than 15 months between one Annual General Meeting and the next and one meeting should be held in each of the calendar […]
Article explains Concept of Dormant Company, What is Dormant Company?, Prior Conditions for Dormant Status, Compliance maintained by Dormant Company, Application for obtaining status of dormant company and Application for obtaining status of active from dormant. Concept of Dormant Company Whenever a company is not doing any business activities for a long time period say […]
The Board’s Report of One Person Company shall be prepared based on the STANDALONE FINANCIAL STATEMENT of the company, which shall be in abridged form and contain the following:- Dear Members, XYZ PRIVATE LIMITED Your Directors have pleasure in presenting the (No. of AGM) Annual Report together with the Audited Statement of Accounts of your Company for […]
What is a Shareholder’s Agreement? A Shareholder’s Agreement (SHA) is contractual arrangement inter-se the shareholders of a company and has gained huge popularity in a way that these agreements are specifically drafted to provide specific rights, impose definite restrictions over and above those provided by the Companies Act, 2013 (2013 Act). SHA is a private […]
