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...
Under the new law, in relation to every RPT, directors have to necessarily check, most importantly, the following two criteria: – Whether the contracts or arrangements is in the ‘ordinary course of the business’ of the company – Whether the terms and conditions of such contracts or arrangements are on ‘arms length basis’? (i) The […]
New Forms Charge Creation / Modification / Satisfaction Companies Act, 2013 And Companies (Amendment) Ordinance, 2018 Introduction: At the time of introducing Companies Act, 2013; Charge Satisfaction form required to be submitted with ROC within 30 days of Satisfaction. If not, then Company have to file application of compounding with Regional Director. The said limit […]
Article explains provisions related to Disclosures to be made by a Company Registered under Companies Act, 2013 which includes provisions related to General Details, Money raised through Prospectus, Closure of registers, Annual Return, Notice of General Meeting, E-Voting, Dividend, CSR, Financial Statement, Vigil Mechanism, Nomination & Remuneration Policy, Independent Directors, Online business, Conversion of unlimited […]
The association has cited difficulties in filing number of mandatory returns under the Companies Act, -2013 and proposed following suggestions:-i. Doing away with the requirement of verification by a Chartered Accountant or Company Secretary in filing of returns under Companies Act, 2013 and introducing the practice of self-certification/self-verification.
In case a company intends to file Form No. STK-2 after the action under sub-section (1) of section 248 has been initiated by the Registrar; it shall file all pending overdue returns in Form No. AOC-4 (Financial statement) or AOC4 XBRL, as the case may be, and Form No. MGT-7 (Annual Return) before filing Form No. STK-2
Article compares Right issue, Private placement and Preferential Allotment on following points- Applicable provisions under Companies Act, 2013, Meaning & Coverage, Definition of Security, If any, Approval Required, Offer period, Mode of Dispatch of offer letter, Format of offer Letter, Forms to be filled, Time period for allotment of securities , Allotment Mode (Whether Cash/Banking […]
FORM MSME-1 Furnishing return with ROC in respect of outstanding payments to Micro or Small Enterprises As you are aware that the MCA wide order dated 22nd January, 2019 directed all companies, who get supplies of goods or services from micro and small enterprises and whose payments to micro and small enterprise suppliers exceed forty […]
The new e-Form INC 22A- Active Company Tagging Identities and Verification (ACTIVE) has been initiated by MCA based on Rule 25A of Companies (Incorporation) Amendment Rules, 2019.
The Form for this compliance requirement has been deployed on 01 May 2019. This form will be used for both compliances i.e. under Rule 16 and Rule 16A of Companies (Acceptance of Deposits) Rules, 2014. The basic reporting requirements under this Form has been given hereunder: A. Reporting under Rule 16 (Annual reporting of Deposits […]
The Ministry of Corporate Affairs vide its notification dated 22.01.2019 bought a very important change w.r.t. mandatory furnishing of information regarding outstanding receipt of loan or money by every Company other than Government Company. Accordingly, sub-rule (3) was inserted after sub-rule (2) in Rule 16A of the Companies (Acceptance of Deposits) Rules, 2014 which reads […]
