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 : 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 : Understand stamp duty rules on share transfers in demat form for private limited companies. Covers legal framework, rates, respons...
Company Law : Learn about share capital reduction under Section 66 of the Companies Act 2013, its process, financial impact, and implications fo...
Company Law : Learn about Class Action Suits under Section 245 of the Companies Act, 2013, protecting minority shareholders from oppression and ...
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 : MCA21 portal saw 80.26 lakh form filings between April 2024 and January 2025, showcasing improved security, user experience, and s...
Company Law : Summary of NFRA's audit quality inspection of Lodha & Co., highlighting key deficiencies in audit documentation, independence poli...
Company Law : NFRA's 2023 inspection of M/s BSR & Co. LLP highlighted improvements in audit practices, independence policies, and documentation ...
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 : Infracx Developers Pvt Ltd penalized for delayed INC-20A filing under Section 10A of the Companies Act, 2013. Total penalty: ₹43...
Company Law : Godrej Tyson Foods Ltd. penalized for failing to appoint a woman director under Section 149(1) of the Companies Act. Penalty inclu...
Company Law : NFRA imposes Rs. 5 lakh penalty and 5-year debarment on CA Neeraj Bansal for professional misconduct during Religare Finvest Ltd's...
Company Law : MCA penalizes Chandrabangshi Nidhi Ltd for violating Section 118(1) of the Companies Act, 2013, due to failure to maintain meeting...
Company Law : United Technologies faces penalties for non-appointment of company secretary under the Companies Act, with fines for company and d...
CONDONATION OF DELAY AND RECTIFICATION OF REGISTER OF CHARGES AS PER RULE 12 OF COMPANIES REGISTRATION OF CHARGES RULES, 2014 Since there is lot of confusion over the filing of the CHG-8 form for condonation of delay of charge on creation, modification and satisfaction, this article will help professionals to deal with condonation of delay […]
In my previous article I have discussed in detailed provisions relating to How to Prepare Annual Return (MGT-7). Annual return is an important document, designed to provide information to stakeholders about the company, promoters, members, meetings and remuneration of directors and key managerial persons (KMP). The intention of legislation under Companies Act, 2013 is to […]
BACKGROUND: In my earlier article I have discussed and shared the documents relating to the Board Meeting required to be held before Annual General Meeting. In this article I am going to discuss about the Documents and working of Annual General Meeting required to be held for following mandatory purposes: Like: Adoption of Directors’ Report/ […]
(viii) any amount received from a person who, at the time of the receipt of the amount, was a director of the company or a relative of the director of the private company: Provided that the director of the company or relative of the director of the private company, as the case may be, from whom money is received, furnishes to the company at the time of giving the money, a declaration in writing to the effect that the amount is not being given out of funds acquired by him by borrowing or accepting loans or deposits from others and the company shall disclose the details of money so accepted in the Board’s report;
Share simply put is a unit of ownership that represents an equal proportion of a company’s capital. Share has been defined in section 2(84) of Companies Act, 2013 according to which it means share in the share capital of a Company and include stocks.
In the Board’s Report a statement has to be given indicating the manner in which formal annual evaluation has been made by the Board of its own performance and that of its committees and individual directors [Section 134 & Companies { Accounts} Rules 2014}].
PRIVATE PLACEMENT OFFER LETTER UNDER SECTION 42 OF THE COMPANIES ACT 2013 AND RULE 14 OF PROSPECTUS AND ALLOTMENT OF SECURITIES CHAPTER III. Section 42 of Companies Act 2013 provides, companies shall make a private placement through issue of a private placement offer letter (PPOL).
The Ministry of Corporate Affairs vide notification dated 5th June, 2015 exempted Private Companies from obtaining shareholders’ approval, complying with Schedule V, filing of Returns for appointment of Managing Director/Whole-Time Director or Manager.
The Companies Act, 2013 and the rules made there under lays down that every Company incorporated under the Act has to maintain Statutory Registers.
The introduction of the New Companies Act, 2013 has lead to increase in the number of forms required to be filed with ROC whether it is in regular course or be it specific event based requirement and also lead to complexities with the procedural requirement associated with the Private Limited Companies.
