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...
Companies (Appointment and Qualification of Directors) Second Amendment Rules, 2019 Rule 12B. Directors of company required to file e-form ACTIVE.- (1) Where a company governed by Rule 25A of the Companies (Incorporation) Rules, 2014, fails to file the e-form ACTIVE within the period specified therein, the Director Identification Number (DIN) allotted to its existing directors, […]
National Company Law Tribunal (Second Amendment) Rules, 2019 (Class Action Suit to NCLT and Omission of Fees for Compounding of certain Offences U/S 441 Ministry of Corporate Affairs vide its Notification No. G.S.R. 351(E) dated 08th May, 2019 has notify National Company Law Tribunal (Second Amendment) Rules, 2019 which is effective from the date of […]
PREFERENCE SHARES Meaning of Preference Shares: Preference Shares are not defined in the Definition part of the Companies Act, 2013. However it has been defined in Section 43 of the Companies Act, 2013 as below: Explanation (ii) to section 43 of the Companies Act, 2013 (‘the Act’) defines the term Preference Shares. “Preference Share Capital”, […]
E FORM INC-22A (Also Known As ACTIVE FORM) MCA in order to find out Shell Companies, has amended the Companies (Incorporation) Rules, 2014 and a New E- Form INC-22A (Also known as ACTIVE – (Active Company Tagging Identities and Verification ) has been introduced vide Notification dated 21.02.2019 to ensure that the Company is active with its […]
Circular issued by MCA for waiver off of fees for filing Form ADT-1 by the companies which have filed Form GNL-2 during the period from 1st April, 2014 to 20th October, 2014 for appointment of auditors. The Ministry of Corporate Affairs has issued a clarification wherein it has been mentioned that the companies which have […]
1. What is the applicability of ACTIVE? Every Company incorporated on or before the 31st December, 2017 shall file the particulars of the Company and its registered office, in ACTIVE on or before 25.04.2019. However, following companies are exempted for filing eForm ACTIVE: (a) Companies which have been struck off (b) Companies under process of […]
Maintenance of Books of Accounts etc to be kept at a place other than Registered Office via e-Form AOC-5 under Section 128 of Companies Act, 2013 > Every company shall prepare and keep at its registered office books of account and other relevant books and papers and financial statement for every financial year which give […]
What is DPT-3? Mandatory Filing of Details of borrowings including borrowings in the nature of unsecured and secured Loan with ROC in form DPT-3 as prescribed under Companies (Acceptance of Deposits) Amendment Rules, 2019 Who is required to file DPT-3? By Companies (Acceptance of Deposits) Amendment Rules, 2019: Every Company other than Government Company shall […]
Article explains Limit Chart under various Provisions of Companies Act 2013 read with rules and under SEBI regulations related to Women Director, Resident Director, Independent Director, Women Independent Director, Audit Committee, Stakeholder Relationship Committee, Nomination Remuneration Committee, Vigil Mechanism, Sexual Harassment Policy, Internal Compliant Committee, Risk Management Policy, Risk Management Committee (exempted to SME), CSR, […]
The Ministry of Corporate Affairs has issue e-form DPT-3 w.e.f. 01st May, 2019. In this article author compiles check list for filing of e-form DPT-3 First Requirement: 3. Purpose of form: S. No. Purpose of Form Applicability 1. Onetime Return for disclosure of details of outstanding money or loan received by a company but […]
