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 : Amendment to IEPFA Rules: CEO now required to sign annual statements alongside the Chairperson. Know the changes in IEPFA (Form of...
Company Law : Understand the implications of listing Non-Convertible Debt (NCDs) and Non-Convertible Redeemable Preference Shares (NCRPS) on a c...
Company Law : Navigate the process of shifting your company's registered office between states seamlessly. Learn about essential approvals, stak...
Company Law : Learn about the essential clauses of the Memorandum of Association (MOA) that define a company’s legal and operational framework...
Company Law : Learn about the compounding of offences under Section 441 of the Companies Act 2013, the procedure, and conditions for avoiding pr...
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 : CS Exam results for Professional and Executive Programs June 2024 are out. Check the pass percentages and toppers on the ICSI webs...
Company Law : Overview of foreign company closures, active subsidiaries, job losses in the auto industry, and investment data from 2014 to 2024....
Company Law : Explore the current status of pending cases in NCLT and NCLAT as of August 2024, reasons for delays, and the government's strategi...
Company Law : Supreme Court held that Covid-19 lockdown was a valid reason for extension of time to deposit the balance sale consideration to au...
Company Law : Supreme Court upholds NCLAT's decision, ruling that appeals filed beyond 90 days are not maintainable under Section 421(3) of the ...
Company Law : NCLAT New Delhi held that prior NOC from stock exchanges under Regulation 37(1)(2) the SEBI (Listing Obligation and Disclosure Req...
Company Law : The Bombay High Court quashed the 2023 order against Kabir Traders, remanding the case for reconsideration and reversing a debited...
Company Law : Delhi High Court held that timelines under Regulation 35A of the CIRP Regulations, 2016 for filing avoidance application are direc...
Company Law : The Ministry of Corporate Affairs updates the Companies (Adjudication of Penalties) Rules, 2024, affecting ongoing proceedings and...
Company Law : The ROC issued a penalty to Mazhil Nidhi Limited for non-compliance with Section 134(1) of the Companies Act. Key details of the o...
Company Law : The Registrar of Companies penalizes Soundarambigai Benefit Fund Nidhi for failing to include Director Identification Numbers in r...
Company Law : M/s. Mazhil Nidhi Limited penalized for failing to file annual returns under the Companies Act. Total penalties amount to ₹2,06,...
Company Law : Registrar of Companies imposes a penalty on Soundarambigai Benefit Fund Nidhi Ltd for non-compliance with securities regulations....
CS Divesh Goyal 1. To register a company, you need to first apply for a Director Identification Number (DIN) which can be obtained by filing e-Form for acquiring the DIN. Form DIR 3. 2. Acquire or register for DSC and register yourself as a user in the relevant user category, such as registered and business […]
CS Divesh Goyal INCREASE IN AUTHORIZE CAPITAL GOVERN BY SECTION 61. PROCEDURE First check is there any provision in AOA regarding increase in capital, if there is provision in Article then it’s ok, But If there is no provision in AOA then first Alter AOA. Hold a Board Meeting – To Get approval of Directors […]
CS Divesh Goyal Sec- 76 of Companies Act 2013 1. Call Board Meeting: To pass resolution for acceptance of deposit from members Approve Draft DPT-1 (Circular) Appoint a Trustee Call General Meeting Authorize Director or Secretary for further process 2. Call General Meeting Pass Ordinary Resolution for acceptance of deposit, if deposit with in limit […]
ACS Divesh Goyal 1. Call Board Meeting: • To pass resolution for acceptance of deposit from members • Approve Draft DPT-1 (Circular) • Appoint a Trustee • Call General Meeting • Authorize Director or Secretary for further process 2. Call General Meeting
ACS Divesh Goyal DEPOSITS UNDER NEW COMPANIES ACT ARE A CRITICAL ISSUE FOR ALL COMPANIES, MOSTY FOR PRIVATE LIMITED COMPANIES. ON EVERY ISSUE RELATED TO DEPOSITS THERE ARE MANY VIEWS. REQUIREMENT OF DPT-4 COMPANY LAW UPDATE: Why old loan from shareholders, relatives & other individuals be treated as deposits in DPT4? 1) Deposit for the […]
ACS Divesh Goyal Section: 184 Disclosures of Interest by Directors: (1) Every Director Shall disclose his Concern or interest in any company Companies Body Corporate Firms Other Associations of Individuals by giving a Notice In Writing In Form MBP 1. At First BM in which he participate as director AND Thereafter, At First BM […]
ACS Divesh Goyal Managing Director is Key Managerial Personal of utmost importance. He is face of a company and its decision-making mechanism. A person gain significant advantages as Managing Director which may not be there, in case of his appointment as Manager or Chief Executive Officer. While Chief Executive Officer has no special advantage except […]
ACS Divesh Goyal TERMS ON WHICH WE MUST FOCUS BEFORE START READ THIS SECTION 185 With the usage of words ‘SAVE AS OTHERWISE PROVIDED UNDER THIS ACT’ in Section 185, whether loans to director and other person in whom Director is interested may also be made after complying with the provisions of such Section 186 […]
ACS Divesh Goyal Section 186 – Loan and investment by company under the Companies Act,2013 APPLICABILITY: This is applicable for Private Company and Public Company. APPROVAL:No Company Shall Directly or Indirectly without Board Resolution- Board Approval: Company can give loan or guarantee or providing any security or the acquisitionby Passing of Unanimous Board Resolutionat […]
Ministry of Corporate Affairs has notified the Companies (Cost records and audit) Rules 2014 under sections 148 & 469 Companies Act 2013 on 30th June 2014. These rules have lot of questions among the finance professionals about the limited scope of Cost records maintenance and Audit. Compare to the previous Companies Cost records & Audit rules 2011, most of the sectors are out of coverage under these new rules. I hereby discussing about the highlights & main points in the Companies (Cost records and Audit) Rules 2014.
