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 74(1) of Companies Act, 2013 every Company is required to file Return of Deposits in Form DPT -4 along with Auditor’s Certificate thereon within three months from the commencement of Companies Act, 2013 i.e. on or before 30th June 2014.
As per Section 184 of the Companies Act, 2013, and Rule 8 and 9 of the Companies (Meetings of Board & its Powers) Rules, 2014, every director shall at the first meeting of the Board of every year, has to give disclosure of his interest/concern in form MBP 1.
The Council was of the view that the provisions of sections 143(12) of the Companies Act 2013 applied to the auditors appointed under the Companies Act 2013 to audit the financial statements for the year beginning on or after 1st April 2014. As a corollary, the requirements of these sections and related Rules would not apply to audits of financial statements of the periods beginning on or before 31st March 2014,
Section 143(3)(i) of the Companies Act 2013 requires the auditors of the companies to report as whether the company has adequate internal financial controls system in place and the operating effectiveness of such controls.
Normally, the company may provide e-voting facility through NSDL or CDSL as an alternative, for all the shareholders of the company to enable them to cast their votes electronically on the resolutions mentioned in the notice of the general meeting.
Infrastructure Finance Companies and Infrastructure Debt Fund Non-Banking Financial Companies (ID-NBFCS) to Issue Secured Debentures The Ministry has decided to allow Infrastructure Finance companies and Infrastructure Debt Fund Non-Banking Financial Companies (ID-NBFCs) to issue secured debentures for a period up to thirty years. Similarly, Housing Finance companies have been allowed relaxed terms for maintaining Debenture […]
‘Infrastructure Finance Companies’ as defined in clause (viia) of sub-direction (1) of direction 2 of Non-Banking Financial (Non-deposit accepting or holding) Companies Prudential Norms (Reserve Bank) Directions, 2007
Every listed company and every other public company having paid up share capital of Rs.10 Crores or more shall have the following whole-time Key Managerial Personnel (KMP),—(i) Managing Director (MD) or Chief Executive Officer (CEO) or manager and in their absence, Whole- Time Director(WTD) (ii) Company Secretary; and (iii) Chief Financial Officer (CFO)
Contribution to Corpus of a Trust /society/ section 8 companies etc. will qualify as CSR expenditure as long as (a) the Trust/ society/ section 8 companies etc. is created exclusively for undertaking CSR activities or (b) where the corpus is created exclusively for a purpose directly relatable to a subject covered in Schedule VII of the Act.
We have Compiled the Format of Statutory Audit Report of Companies for Financial Year 2013-14. The report has considered the certain changes as prescribed by Institute of Chartered Accountants of India (ICAI) consequent to notification of certain sections under Companies Act, 2013. We have highlighted the changes introduced in blue for your reference :-
