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 : Board resolution for altering the object clause and calling an EGM. Includes approval process, necessary amendments, and complianc...
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 : NFRA inspection of PwC firms (PWCA & PW& Co CA) reveals deficiencies in related party transaction verification and documentation, ...
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 : 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...
Notification under section 454 of CAompanies Act, 2013 dated 26.10.2018- Appointment of RoCs as adjudicating officers with jurisdiction and their appellate authorities u/s 454 of CA 2013. Ministry of Corporate Affairs Notifications New Delhi, Dated: 26.10.2018 S.O. 5459(E)._ In exercise of the powers conferred by section 454 of the Companies Act, 2013 (18 of 2013) […]
Notification under section 396 of CA 2013 – ROC Vijayawada dated 26.10.2018- MCA establishes the office of the Registrar of Companies at Vijayawada for discharging function under Cos. Act Ministry of Corporate Affairs Notifications New Delhi, Dated: 26.10.2018 S.O. (E) In exercise of the powers conferred by sub-sections (1) and (2) of section 396 of […]
KSCAA represented that There is sufficient cause and need for the extension of filing of Annual Forms AOC-4 and MGT-7 for a reasonable period of time to give justice to the correctness of returns.In view of the same they have requested for the same to Hon. Union Minister of Finance and Corporate Affairs, Shri. Arun […]
The Appointment of Company Secretary (CS) has been made mandatory under Companies Act 2013 for a few class of the company like listed companies or company having paid-up capital more than the 5 Crore. Who is a Company Secretary? A company secretary is a principally an employee even though he holds very high rank. He / […]
MCA has already notified sub-section (1), (3), (11) and 12 of Section 132 of Companies Act, 2013 related to Constitution of National Financial Reporting Authority (NFRA), and omitted Sub-section (6) to (9) of the same. Now Central Government has appointed 24 October 2018 as the date on which the provisions of sub-section (2),(4),(5),(10),(13),(14) and (15) […]
Among the various modifications, one of the key amendments that was brought about under the 2017 Act were the changes to Sections 185 and 186 of the 2013 Act corresponding to Sections 61 and 62 of the 2017 Act, which deals with loans to directors and loans and investments by companies and their corresponding rules.
As per Section 149(1): Every Company shall have a Board of Directors Consisting of Individuals as director. (It is clear to understand from this line that only an individual can be director of company. Some persons have doubt that other than individual can be director or not). According to this section Only AN INDIVIDUAL can […]
Issue Of Shares In Private Companies 1) Methods of issue of shares: A) Private Placement (Section 42 of the Companies Ac, 2013, Rule 14) B) Preferential allotment/Preferential offer C) Right Issue D) Conversion of Loan/Debentures into shares. E) Bonus issue A) Private Placement (Section 42 of the Companies Act, 2013, Rule 14) 1) “Private placement” […]
Whether Companies required preparing MGT-9 after 31st July, 2018? Whether Companies are required to comply both Section 92 and Section 134? While complying Section 134, MGT-9 required being published on website of Company or Annual Return i.e. MGT-7 required publishing on website of Company? If Company doesn’t having website in such case whether MGT-9 required or not? If section 92 notified as suggested by Companies Amendment Act, 2017. Whether MGT-9 shall be part of Companies Act, 2013 or not?
This article explains about section 8 company registration. It includes about section 8 company, eligibility criteria, documents required, procedure & advantage, of its registration.
