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 : This guide explains the legal provisions, procedural steps, and filing requirements involved in converting a public company into a...
Company Law : The article explains the legal framework governing debenture issuance under the Companies Act, 2013. It outlines the types of debe...
Company Law : Section 42 of the Companies Act, 2013 permits companies to raise funds from a select group of investors through private placement....
Company Law : The 2025 amendments significantly expand the scope of fast-track mergers by allowing more categories of companies, including eligi...
Company Law : The article explains the legal framework governing share capital and share issuance under the Companies Act, 2013. It highlights h...
Company Law : The MCA has widened CSR eligibility by recognizing subscriptions to Zero Coupon Zero Principal Instruments as a valid CSR activity...
Company Law : Provisional list of audit firms of listed companies yet to file NFRA-2 for 2023-24. Filing deadline was 30.11.2025; fines apply fo...
Company Law : ICSI recommended restoring public access to basic company master data without mandatory login requirements. The representation sta...
Company Law : The issue concerns eligibility and participation rules for the convocation. ICSI has clarified that members who do not attend will...
Company Law : NFRA introduced guidelines to evaluate audit firms’ compliance and quality control systems. The framework emphasizes governance,...
Company Law : Resolution Professional (RP) was fully justified in seeking possession through the insolvency process itself, the NCLAT affirmed t...
Company Law : The NCLAT held that unregistered profit-sharing agreements do not create leasehold or occupancy rights in immovable property. The ...
Company Law : While approving the resolution plan, NCLT clarified that exemptions relating to taxes, duties, and statutory compliances must be o...
Company Law : A Successful Resolution Applicant (SRA) could not avoid a CoC-approved resolution plan by claiming that the Letter of Intent (LoI)...
Company Law : NCLAT held that the order appointing the Resolution Professional under Section 97 was obtained on the basis of misrepresented a...
Company Law : The MCA has amended the valuation rules to require Registered Valuer Organisations to maintain a minimum paid-up capital of ₹25 ...
Company Law : The Registrar of Companies penalized the company and its authorized signatory after an incorrect document was attached with Form A...
Company Law : MCA amends Schedule VII of the Companies Act to include subscription to zero coupon zero principal instruments on Social Stock Exc...
Company Law : MCA has amended the CSR Rules to recognize zero coupon zero principal instruments issued by Social Stock Exchange-listed NPOs. The...
Company Law : ROC Mumbai held that repeated return of official notices proved non-maintenance of a registered office under Section 12(1) of the ...
MCA notified CARO, 2016 on 29th of March, 2016, which replaces the Existing CARO, 2015 and brings some additional reporting by the Auditors on Fixed assets, Loans and investments, Managerial remuneration, Nidhi company, Related party transactions, Preferential allotment/private placement & Non-Cash Transaction.
The ministry of corporate affairs, vide notification dated 29 March 2016, has issued the Companies (Auditor’s Report) Order, 2016 which will be applicable from financial years commencing on or after 1 April 2015. The new Order introduced few new reporting requirement by curtailing few in comparison of Companies (Auditor’s Report) Order, 2015. Following is the comparison between CARO 2015 and 2016:
This Article deals with Section 42 of the Companies Act, 2013 and is in Continuation of the Series of Comparative Analysis of Companies Act, 2013 & Companies (Amendment) Bill, 2016 of both the Existing and Proposed provisions. I have also incorporated a summary of Process of Private Placement as per the revised provisions.
Regulation of RPTs being crucial part for good governance, the Companies Act, 2013 contain elaborate requirements for regulating RPTs. Every company has to follow the prescribe set of procedures in respect of RPTs. Audit Committees play significant role in determining the RPTs and designing the internal procedure of the Company to be followed so that RPTs can be regulated and related non-compliances can be avoided.
After modification in MCA portal w.e.f. 27.03.2016 every one is facing issues while downloading, signing with DSC, validating or uploading the e-form. To ensure we don’t face any issues, MCA has provide us with the process to make system settings. SYSTEM SETTING IS AS PER STEPS GIVEN BELOW: Open mca.gov.in Click on MCA Services Tab. […]
Registered Owner refers to a person whose name is entered in the register of members of the Company and thus known as the shareholder of the Company. Beneficial Owner refers to the person who enjoys the right of ownership of the shares irrespective of the title.
n exercise Of the powers conferred by section 133 read with section 469 of the Companies Act. 2013 (18 of 2013) and sub-section (I) of section 210A of the Companies Act. 1956 (I of 1956), the Central Government, in consultation with the National Advisory Committee on Accounting Standards, hereby makes the following rules to amend the Companies (Indian Accounting Standards) Rules. 2015
The interpretation of ‘probable’ in this Standard as ‘more likely than not’ does not necessarily apply in other Accounting Standards
ICAI, has clarified that the applicability of this section on fraud reporting is applicable only to the statutory auditors of the company, the cost accountant in practice, conducting cost audit under section 148 of the Act; and to the company secretary in practice, conducting secretarial audit under Section 204 of the Act. It shall also extend to a branch auditor appointed under Section 139 ‘to the extent it relates to the concerned branch’.
CHANGES IN E-FORMS WITH EFFECT FROM 27/03/2016 A. Versions of all e-forms – Revised B. Annual forms under CA 1956 to be filed as an attachment to GNL-2 (w.e.f. date to be notified) , this means now all Annual Filing for FY 2013-14 or before will now be under approval route:- 66; 23B; 20B; 21A; […]
