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 : Key documents for Pvt Ltd annual filing in India, including financial statements, annual returns, director reports, and compliance...
Company Law : Learn the key reasons for striking off a Pvt. Ltd. Company, including inactivity, financial issues, restructuring, or non-complian...
Company Law : Article contains detailed compliance checklist for private limited companies, including annual, event-based, and specific statutor...
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 : 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 Liquidator is jurisdictionally empowered to proceed with private sale of Corporate Debtor by adopting Swiss ...
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 : Emperium Constructions Pvt Ltd fined Rs. 50,000 for delayed INC-20A filing. Directors penalized Rs. 19,000 each under Section 10A ...
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...
MCA vide notification dated January 26, 2018 notified Section 1 and 4 of the CA (Amendment) Act, 2017. MCA vide notification dated February 9, 2018 enforced 43 Sections of Companies (Amendment) Act, 2017 with effect from February 9, 2018 in Phase II. Further, MCA in Phase III vide notification dated May 7, 2018 notified 28 Sections.
XBRL is a standardized communication language in electronic form to express, report or file a financial statements by a Companies. XBRL is only a method of presentation or reporting. It does not attempt to make any changes in the content to be reported. The idea behind XBRL is simple.
This Article contains the introduction, clarification, applicability, appointment and its procedure, required e-forms and other important points under Companies Act, 2013. I hope this article would be given some help to our professional working.
The Companies (Amendment) Act, 2017 at first glance manifests sweeping changes in the Corporate Governance system of our country and highlights the intention of the government to change from control based or regulatory regime to a disclosure based and transparent regime. Section 186 is the hottest topic in the corporate sector today which reads as follows:
MCA vide notification S.O. 1833(E) dated May 7, 2018 has notified 28 Sections in Phase III. The same has been notification has been published in official gazette and is effective from May 7, 2018. This article discusses immediate actionables to be ensured by companies.
The opportunity given to disqualified Directors under Condonation of Delay Scheme, 2018 (CODS 2018) continued for 4 months, The Director Identification Numbers (DIN) of such disqualified directors were activated so that they can do the necessary filing under the Scheme. Now after 1st May the CODS 2018 is not in operation that means the opportunity […]
Highlights of Changes in Section 2 of Companies Act, 2013 related to Definition vide Companies (Amendment) Act 2017. Article discusses definition of Associate Company, Cost Accountant, Debenture, Financial Year, Holding Company, Interested Director, Key Managerial Personnel, Net Worth, Public Company, Public Financial Institution, Related Party, Small Company, Subsidiary Company and Turnover. Sl. No. Section Highlights […]
Every Company is required to file Annual Return under section 92 of the Companies Act, 2013 within 60 days from the date of Annual General Meeting. AGM needs to be held within 6 months from the closure of Financial Year. Hence the last date by which the Annual Return needs to be filed is 60 […]
Ministry of Corporate Affairs (MCA) has issued several amendments in certain rules made under Companies Act, 2013 on May 07 2018. Article made an attempt to analyses important changes in a brief.
In case the due date of filings under Section 92 (Annual Return) or 137 (Annual Financial Statement) of the Companies Act, 2013 expires after 30/06/2018, the additional fee @Rs.100 per day shall become payable in respect of MGT-7, AoC-4, AoC-4 XBRL and AoC-4 CFS.
