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 step-by-step process for a fast track merger under Section 233 of the Companies Act, 2013, including eligibility, forms,...
Company Law : Explore governance concerns on non-executive director pay, including skewed compensation, lack of caps, and transparency issues fo...
Company Law : Explore impact of Section 245 of Companies Act on class action suits in India, analyzing recent cases, legal frameworks, and rise ...
Company Law : Explore the Memorandum of Association (MoA), its clauses, and its role in defining a company's identity and structure under the Co...
Company Law : Learn about the issuance and conversion process of Compulsory Convertible Preference Shares under the Companies Act 2013, includin...
Company Law : ICSI highlights challenges in dematerialisation for private companies and seeks relief from penalties due to processing delays and...
Company Law : ICSI requests MCA for Company Law and LLP Law Settlement Scheme 2024 to address filing challenges and avoid penalties for companie...
Company Law : The CBI has arrested an Assistant Registrar of Companies in Pune for demanding and accepting a ₹3 lakh bribe from a Mumbai compa...
Company Law : ICSI seeks an extension for private companies to comply with new DEMAT rules, citing concerns over costs, delays, and regulatory c...
Company Law : Important dates for ICSI December 2024 exams, including enrollment, fee deadlines, and exemption criteria. Ensure compliance to av...
Company Law : The CoC resolved not to initiate liquidation process and decided to file an application for dissolution of the CD. In pursuance of...
Company Law : Appeal filed by Meir Commodities challenging NCLT Hyderabad order allowing Narayanam Nageswara Rao to participate as a Resolution ...
Company Law : Neon Laboratories Ltd Vs Mayank Shah & Anr. (NCLAT Delhi) In a recent judgment, the National Company Law Appellate Tribunal (N...
Company Law : NCLAT Chennai held that failure to make payment as per repayment plan grants liberty to the creditor to initiate action under sect...
Company Law : During the moratorium, tax assessment proceedings were initiated by CIT (appellant) against the corporate debtor. An order for the...
Company Law : Ispat Sheets Limited fined for non-compliance with Companies Act provisions on Board meetings. Total penalty imposed: ₹40,000....
Company Law : Ispat Sheets Limited penalized for failing to file Form PAS-6. The penalty includes fines for the company and its directors as per...
Company Law : Trouw Nutrition India faces penalties for failing to maintain board meeting minutes as required under the Companies Act, 2013....
Company Law : The appeal against the penalty under the Companies Act for Seva Parmodharmah Samajik Nidhi Limited was dismissed, confirming ₹16...
Company Law : CA Chirag Doshi faces a ₹5 lakh penalty for professional misconduct in the statutory audit of Ushdev International Limited for F...
Article explains Procedure for Striking off a Company under Companies Act 2013. Striking off of the Company is an alternative to winding up of a Company subject to statutory criterion specified under section 248 of Companies Act, 2013. In this Article we will discuss procedure for Striking off a company under Section 248(2) of the […]
1. Time Period For Creation/Modification Of Charge: For Creation / Satisfaction of Charge Form CHG-1/ CHG-4 will be within 30 days of Creation/ Satisfaction of Charge. If the company fails to file within 30 days? Companies may allow such registration to be made within a period of 300 days of such creation If the Company […]
MCA has notified revised Section 42 of Companies Act, 2013 related to Issue of shares on private placement basis by with effect from 7th August 2018 by notifying section 10 of Companies (Amendment) Act, 2017 vide Notification Dated 7th August, 2018. Government of India Ministry of Corporate Affairs Notification New Delhi , the 7th August, […]
MCA notifies Companies (Prospectus and Allotment of Securities) Second Amendment Rules, 2018 and substituted existing rule 14 related to private placement of Companies (Prospectus and Allotment of Securities) Rules, 2014 vide Notification dated 7th August, 2018
MCA has further amended Companies (Accounts) Rules, 2014, these rules called Companies (Accounts) Amendment Rules, 2018. MCA has came up with new rule 8A on 31st July, 2018 with Abridged form of Directors report disclosure and prescribed separate bunch of disclosures for Small Company and One Person Company (OPC). As per Companies amendment Act, 2017 […]
Central Government has extended the KYC for Directors as well. Just like Bank KYC, where governments want to know the Director and expect them to submit a yearly intimation about KYC and any changes, if any, in the details.
What To Do In Case If Your Company’s Name Is Recently Published In The Public Notice Of Ministry Of Corporate Affairs, Office Of Registrar Of Companies, NCT Of Delhi & Haryana (ROC-Delhi), For Striking Off?
Resolution-by-circulation means the resolution which is passed by the circulation among the directors or members of the Board. Generally, the resolution was proposed to be passed when there is urgency or sometimes the resolution by circulation is preferred to avoid the procedural requirements of convening the physical Board Meeting.
MCA has issued Companies (Accounts) Amendment Rules, 2018 w.r.t Board Report which shall come into force on the date of their publication in the Official Gazette i.e 31-07-2018. The Board shall additionally disclose, as to whether maintenance of cost records as specified by the Central Government under section 148(1) of the Companies Act, 2013
Pursuant to introduction of GST, the Companies (Cost Records and Audit) Rules, 2014 are to be amended to incorporate resultant changes. Accordingly, the Draft Companies (Cost Records and Audit) Amendment Rules, 2018 have been placed on the Ministry’s website www.mca.gov.in for suggestions/ comments.