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....
As per section 184 of the Companies Act 2013 read with Rule 9 of Companies (Meetings of Board and its Powers) Rules, 2014 every director of the Company has to disclose his interest by giving a notice in writing in Form MBP-1. In this article, we are discussing the manner of such disclosure and related compliance under the Companies Act, 2013 and Companies Rules, 2014.
One person company is a concept introduced in India by the Companies Act, 2013. The concept opens up new vistas of business opportunities and particularly spectacular possibilities for sole proprietorships and entrepreneurs who can enjoy the advantages of limited liability, and the benefit of separate legal entity as well.
SECTION 185 of Companies Act, 2013 – Loan to Directors- Section 185 & its reference with Section 186 of Companies Act, 2013 Section 185 of the Companies Act, 2013 which has been notified on 12th September 2013 corresponds to section 295 of the Companies Act, 1956 which deals in loan to directors. This section is […]
ACS Divesh Goyal MEETINGS OF THE BOARD 1. Frequency of Meeting: – First Meeting:First Meeting of Board of Directors within 30 (Thirty) days from the date of Incorporation of company. – – Subsequent Meetings: One person Company, Small company and Dormant company: At least one meeting of Board of directors in each half of calendar […]
1. Section 2(49) defines the term ‘interested directors’ whereas at various sections reference to section 184 is drawn to mean/define interested director. Section 2(49) is wider than Section 184 leading to confusion – which definition should be applied? Ans. Section 2(49) of the Companies Act, 2013 defines interested director as a director who is in […]
Applicability of Form DPT-3: A read through the provisions of Section 73 of the Companies Act, 2013 clearly states that the Companies can accept deposit from members and/or public on or after the commencement of the said Act i.e on or after 1st April, 2014, in accordance with provisions of Chapter V.
Provided also that in case of an offer or invitation for non-convertible debentures referred to in the second proviso, made within a period of six months from the date of commencement of these rules, the special resolution referred to in the second proviso may be passed within the said period of six months from the date of commencement of these rules.
After considering the reference, it has been decided to grant extension of time for the period of 2 months i.e. up to 31-08-2014 without any additional fee in terms of section 403 of the Act to enable the companies for filing of statement under Form DPT4 with the Registrar.
These records shall also indicate the basis followed for arriving at the rates charged or paid for such goods or services so as to enable determination of the reasonableness of such rates in so far as they are in any way related to goods/services under reference.
CA Gaurav Mittal Yesterday, the government has placed a draft notification for comments on the MCA Website relating to exemptions granted to private companies. Private companies are closely held business entities that are not permitted to invite the public to subscribe to their shares or accept deposits from the public. Private companies are defined under the […]
