Company Law

Requirement – MGT – 9 Big Question?

Whether Companies required preparing MGT-9 after 31st July, 2018? Whether Companies are required to comply both Section 92 and Section 134? While complying Section 134, MGT-9 required being published on website of Company or Annual Return i.e. MGT-7 required publishing on website of Company? If Company doesn’t having website in such cas...

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Section 8 Company Registration (NGO)

This article explains about section 8 company registration. It includes about section 8 company, eligibility criteria, documents required, procedure & advantage, of its registration....

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Oppression & Mismanagement

Whenever there is a group of people it becomes very difficult to manage them properly. Each and every person has their own view, thinking and idiosyncrasies. To ensure proper rules and regulation to be maintained in the company we have Companies Act. In the Companies Act, 2013 Chapter XVI deals with the topic of “Prevention […]...

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How to Appeal Against Cancellation of NBFC Registration

It is mandatory for every NBFC to obtain a certificate of registration from RBI before undertaking any business. Following conditions are required to be complied by each NBFC at the time of obtaining a certificate of registration:...

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Public Limited Company Registration

This Article is about Registration of Public Limited Company, which includes topics like (a) about public limited company (b) who are eligible for public limited company registration (c) documents required (d) procedure for registration of public limited company (e) Advantage of public limited company registration....

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Extend last date for annual filing under Companies Act, 2013: ICSI

ICSI received many requests from companies/ professionals for extension of last date for filing of annual forms due to the following reasons:...

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Postpone Commencement of KYC process for companies: ICSI

The process of KYC of companies may be commenced from 1st January, 2019 since the companies as well as professionals are currently involved in conducting Annual General Meetings of their respective companies and thereafter in the months of October and November, they would be involved in the annual filing compliances with the MCA. ...

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High Level Committee Constituted on CSR

A High Level Committee on Corporate Social Responsibility – 2018 (HLC-2018) has been constituted under the Chairmanship of Shri. Injeti Srinivas, Secretary, Ministry of Corporate Affairs (MCA) to review the existing framework and guide and formulate the roadmap for a coherent policy on Corporate Social Responsibility ( CSR)....

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Extend due date of AGM and Annual E-forms for Kerala Companies: ICSI

As you are kindly aware, under the provisions of Companies Act 2013, every company is required to hold an Annual General Meeting in each year within a period of six months from the date of closing of financial year, which in majority cases, falls in September, 2018....

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Form DIR-3 KYC- No further extension- ICSI Representation- Din Deactivation Starts

Last date for filing form DIR-3 KYC without fee has expired on 15th September 2018. The process of deactivating the non-compliant DINs is in progress and is likely to be completed by 17th September 2018. Please note that the form DIR-3 KYC will not be available for filing during the pendency of this activity (from 16th September 2018 to 1...

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Extend due date of AGM and Annual E-forms for Kerala Companies: ICSI

As you are kindly aware, under the provisions of Companies Act 2013, every company is required to hold an Annual General Meeting in each year within a period of six months from the date of closing of financial year, which in majority cases, falls in September, 2018....

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HC set aside RoC’s Order Disqualifying Directors for Non-Filing of Financial Statements

Bhagavan Das Dhananjaya Das Vs Union of India (Madras High Court) - Bhagavan Das Dhananjaya Das Vs Union of India (Madras High Court) (a) When the New Act 2013 came into effect from 1.4.2014, the second respondent herein has wrongly given retrospective effect and erroneously disqualified the petitioner-directors from 1.11.2016 itself before the deadline commenced...

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No legal bar on merger of an Indian LLP with an Indian Company

M/s. Real Image LLP  Vs  M/s. Qube Cinema Technologies Private Limited (NCLI) - M/s. Real Image LLP  Vs  M/s. Qube Cinema Technologies Private Limited (NCLI) Legislative intention behind enacting both the LLP act 2008 and The Companies Act 2013 is to facilitate the ease of doing business and create a desirable business atmosphere for companies and LLPs. For this purpose, bo...

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SC Stayed Bombay HC Order Granting Relief to Disqualified Director

Registrar Of Companies Maharashtra Mumbai & Anr Vs. Shailendrajit Charanjit Rai & Anr. (Supreme Court) - On Monday, 06th August 2018, the Honourable Supreme Court has stayed Bombay High Court Interim Order for granting relief to Disqualified Director by admitting Special Leave Petition by Ministry of Corporate Affairs....

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Director cannot be disqualified for failure of company to effect statutory compliances

Vikas Goel & ANR Vs Union of India & ANR (Delhi High Court) - Petitioners had ceased to be the Directors of the Company, as stated by them, on 8thApril, 2011 and that they could not have been penalized for the failure of the company to effect statutory compliances....

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MCA Amends disclosure requirement in Balance Sheet & P&L Statement

notification dated 11/10/2018 - (13/10/2018) - MCA amends Instructions For Preparation of Balance Sheet and Statement Of Profit And Loss of A Company / NBFCs Ministry of Corporate Affairs notifies Ind AS Schedule III applicable to NBFCs. Schedule III will apply to NBFCs covered under Ind AS applicability. MCA has also amended the existing Divisi...

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MCA extends last date of filing annual return to Dec 31, 2018 in Kerala

General Circular No. 09/2018 - (05/10/2018) - It has been decided to relax the additional fees payable to companies having registered office in the State of Kerala on e-forms AOC-4, AOC (CFS) AOC-4 XBRL and e- Form MGT-7 upto 31.12.2018, wherever additional fee is applicable....

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Constitution of High level Committee on Corporate Social responsibility -2018

F. No. 12/03/2018-CSR - (28/09/2018) - High Level Committee on Corporate Social Responsibility — 2018 (HLC-2018) is hereby constituted under the Chairmanship of Shri. Injeti Srinivas, Secretary, Ministry of Corporate Affairs (MCA) to review the existing framework and guide and formulate the roadmap for a coherent policy on CSR. The com...

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Govt Notifies Constitution of NFRA w.e.f 1st October 2018

Notification No. S.O. 5098(E) and Notification No. S.O. 5099(E) - (01/10/2018) - Central Government notifies 1 October 2018 as the date of constitution of the National Financial Reporting Authority (NFRA). The provisions of sub-section 1 and 12 of Section 132 of the Companies Act 2013 will also come into force from the same date. The provision of these sub-sections are related t...

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Companies (Registered Valuers and Valuation) Third Amendment Rules, 2018

F .No.1 /27/20-CL-V-(Part) - (25/09/2018) - 1. (1) These rules may be called the Companies (Registered Valuers and Valuation) Third Amendment Rules, 2018. (2) They shall come into force on the date of their publication in the Official Gazette....

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Recent Posts in "Company Law"

Requirement – MGT – 9 Big Question?

Whether Companies required preparing MGT-9 after 31st July, 2018? Whether Companies are required to comply both Section 92 and Section 134? While complying Section 134, MGT-9 required being published on website of Company or Annual Return i.e. MGT-7 required publishing on website of Company? If Company doesn’t having website in such cas...

Read More
Posted Under: Company Law |

Section 8 Company Registration (NGO)

This article explains about section 8 company registration. It includes about section 8 company, eligibility criteria, documents required, procedure & advantage, of its registration....

Read More
Posted Under: Company Law |

Oppression & Mismanagement

Whenever there is a group of people it becomes very difficult to manage them properly. Each and every person has their own view, thinking and idiosyncrasies. To ensure proper rules and regulation to be maintained in the company we have Companies Act. In the Companies Act, 2013 Chapter XVI deals with the topic of “Prevention […]...

Read More
Posted Under: Company Law |

How to Appeal Against Cancellation of NBFC Registration

It is mandatory for every NBFC to obtain a certificate of registration from RBI before undertaking any business. Following conditions are required to be complied by each NBFC at the time of obtaining a certificate of registration:...

Read More
Posted Under: Company Law |

Public Limited Company Registration

This Article is about Registration of Public Limited Company, which includes topics like (a) about public limited company (b) who are eligible for public limited company registration (c) documents required (d) procedure for registration of public limited company (e) Advantage of public limited company registration....

Read More
Posted Under: Company Law |

Extend last date for annual filing under Companies Act, 2013: ICSI

ICSI received many requests from companies/ professionals for extension of last date for filing of annual forms due to the following reasons:...

Read More
Posted Under: Company Law |

Private Placement of securities under the Companies Act, 2013 

Section 42 of the Companies Act, 2013 read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 contains provisions of private placements of securities. Recently, both Section 42 and Rule 14 have undergone amendments by way of the Companies (Amendment) Act, 2017 and the Companies (Prospectus and Allotment of ...

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Posted Under: Company Law |

Independent Director‘s Appointment and Responsibility (Board Resolution)

Brief Introduction of an Independent Director On a brief go through with Section 149 & Schedule IV i.e. Code of Conduct for Independent Directors, it has been provided that the appointment of Independent Director is subject to the approval of members in the general meeting. As per the Companies Act, 2013 a separate criterion has been...

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Posted Under: Company Law |

Procedure for Right Issue of Shares with Relevant Formats

Background- As per Section 62(1) of the Companies act, 2013 if the Company decides to issue fresh shares, these should be offered to existing shareholders in proportion to existing persons who are holders of equity shares. ‘Right Issue’ means offering shares to existing members in proportion to their existing share holding. The object...

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Posted Under: Company Law |

Reduction in share capital under Companies Act, 2013

Procedure For Reduction Of Share Capital Under Section 66 Read With NCLT (Procedure For Reduction Of Share Capital) Rules, 2016 i. Convene a Board Meeting to approve the reduction of share capital and fixing the date of general meeting of the company. ii. Hold the general meeting and have the Special Resolution passed. iii. File […...

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Posted Under: Company Law |

Company Law News India

Corporate law also known as the company law is the study of how the directors, shareholders, creditors, employees and other participants in the community, consumers, and the environment work together with each other. Company law deals with organizations which are registered or incorporated under the Indian company law. The latest Companies Act is the Act which controls the incorporation of companies, responsibilities of companies, directors and laws relating to dissolution of any company. The newly constituted Companies Act 2013 is divided into twenty-nine chapters comprising 470 with 7 schedules. This Act replaced the previous Companies Act, 1956 on August 29th, 2013. The newly constituted Act came into action on September 12th, 2013 with number of changes.

At Taxguru, we provide all the latest news relating to company law in India. Our portal is designed for alerting you on all the latest developments in the company law. We provide all the key cases, help, and guidance on all facets of company law.

Get to know about all significant changes in the Indian corporate laws with our comprehensive and the latest company law news. Our panel of experts offers in-depth analysis and understanding of the corporate and allied laws. At Taxguru, we cover everything from regulations for LLPs to changes in the corporate governance, M&A and Takeover Code, SEBI reforms, exchange controls and commercial arbitration. Tune in to find out more about the corporate laws and all the key developments.

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