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...
Ministry of Corporate Affairs vide notification dated September 12, 2018 has effected certain amendments in Section 197 of Companies Act, 2013 relating to Managerial Remuneration payable top executives.
Rule: Companies (Prospectus and allotment of securities) Third Amendment Rules, 2018. “Rule 9A Issue of Security in Dematerialised form by Unlisted Public Company:- Every Unlisted Public Company shall issue the security only in dematerialised form and facilitate demateriation of all its existing securities in accordance with provisions of the Depositories Act, 1996 and regulations made there under.
Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2018 viz COMPULSORY DE-MATERIALISATION OF SECURITIES FOR UNOF THE COMPANY
Unlike Public offer, Private placement means any offer of securities or invitation to subscribe securities to a select group of persons by a company through issue of a private placement offer letter and which satisfies the conditions specified in this section 42 of the Companies Act, 2013.
Last date for filing form DIR-3 KYC without fee has expired on 15th September 2018. The process of deactivating the non-compliant DINs is in progress and is likely to be completed by 17th September 2018. Please note that the form DIR-3 KYC will not be available for filing during the pendency of this activity (from 16th September 2018 to 17th September 2018).
As you are aware that Govt has notified rules on compulsory dematerialisation of shares of unlisted public companies, we have authored an article stating various provisions of the same alongwith important FAQs.
MCA vide notification dated 12.09.2018 notifies sections 66 to 70 (both inclusive) of Companies (Amendment) Act, 2017 and amended Section 196, 197, 198, 200 and 201 of the Companies Act, 2013. In pursuance of its policy of Minimum Government-Maximum Governance and providing Ease of Doing Business to the law-abiding Corporates of this country, the Ministry […]
MCA notifies Revised Form No. MR-2- Form of application to the Central Government for approval of appointment of managing director or whole time director or manager by notifying Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2018. Government of India Ministry of Corporate Affairs NOTIFICATION New Delhi, 12th September, 2018 G.S.R. 875(E) In exercise […]
Central Government amends Schedule V of Companies Act, 2013 vide Notification dated 12th September, 2018 and amends Part I and Part II related to Conditions To Be Fulfilled For The Appointment Of A Managing Or Whole-Time Director Or A Manager Without The Approval Of The Central Government Appointments and Remuneration. Government of India MINISTRY OF […]
APPLICABILITY Section 29 read with Rule 9 & Rule 9A of (Companies (Prospectus and allotment of securities) Third Amendment Rules 2018): Classes of Companies (a) every company making public offer; and (Rule 9) (b) Unlisted Public Companies (Rule 9A) (c) Any other company may voluntarily do so following provisions of Depositories Act, 1996 and regulations […]
