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.
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Company Law : The upgraded MCA21 V3 portal processed over 3.84 crore filings in five years and resolved 98% of helpdesk grievances in FY 2025-26...
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Company Law : Supreme Court held that Spectrum allocated to Telecom Service Providers [TSPs] and shown in their books of account as an “asset...
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Company Law : The appellate tribunal upheld rejection of a tax claim submitted long after the liquidation deadline. The ruling reiterates that b...
Company Law : The Registrar penalized the officer in default for failing to appoint the required number of independent directors within the pres...
Company Law : The order held that signing financial statements during disqualification violated Section 134(1). The key takeaway is that such no...
Company Law : The order held that failure to file DIR-12 within 30 days of resignation violated Section 170(2). The key takeaway is that adminis...
Company Law : The Registrar imposed a penalty for failure to appoint the required two independent directors within the prescribed three-month pe...
Company Law : The ROC Chhattisgarh held that repeated return of official letters marked Not Known proved non-compliance with Section 12(1) of th...
In exercise of the powers conferred by clauses (a) and (b) of sub-section (1) of section 642 of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules to amend the Companies (Central Government’s) General Rules and forms, 1956
– In exercise of the powers conferred by sub-section (1) of section 642 read with section 610B of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules to amend the Companies (Central Government’s) General Rules and Forms, 1956, namely.
Following forms going to be revised with effect from 6th Dec. 08:- new version of Form 1AA, 1AD, 2, 3, 5, 8, 10, 15, 17, 19, 20, 20A, 21,22B, 23, 23AA, 23AAA, 23AAB, 23AAC, 23B, 23C, 24, 24A, 24AB, 24B, 25A,25B, 25C, 35A, 36, 37, 39, 44, 49, 52, 61, 62, 63, 64, 65, CAR, DD-B,DD-C, Form PT-II, Form I & Form II will be available on the Portal,effective December 7, 2008, (6.00 AM).
– In exercise of the powers conferred by sub-section (1) of section 642 read with section 610B of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules to amend the Companies (Central Government’s) General Rules and Forms, 1956, namely:
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The much-awaited Companies Bill, 2008 has been introduced in the Lok Sabha. Minister of Corporate Affairs, Shri Prem Chand Gupta introduce the Bill to consolidate and amend the law relating to companies. Two days ago, i.e., on 21.10.2008 Shri Gupta had withdrawn the Companies (Amendment) Bill, 2003 which was introduced in the Rajya Sabha on7.5.2003 as the said Bill was not in tune with the present day requirements of corporates in India.
The Ministry of Corporate Affairs (MCA) has asked the income-tax department to provide all information on tax evasion by listed companies so that it can see whether these firms have violated the provisions of Companies Act as well. “MCA is trying to develop a system that whenever the I-T department finds any such case where there is income-tax evasion or any practice of showing wrong amount in financial statements, the department would inform us also,” a senior ministry official said. He said usually such things involve violation of Companies Act too,
The Department has received proposals to allow such meetings and it has held extensive consultation with various shades of opinion. It also asked the Institute of Company Secretaries to examine this matter and to organize consultation with companies and other stake holders. Finally, the Department has decided to allow such meetings of the Boards and its Committees. However, DCA has also decided that there are some subjects of special importance which should only be decided or transacted by meetings in person i.e. “physical meetings”. It is proposed to notify such subjects from time to time.
Now e- form 23AC can be filled in without getting SRN of form 23B The Ministry of Corporate Affairs (Ministry) has revised e-form 23AC effective from 28th September 2008 wherein filling in SRN of 23B was made compulsory. In many a cases, it was reported by our members that SRN of form 23B was not available which ultimately resisted to file e-form 23AC required to be filed pursuant to section 220 of the Companies Act, 1956 by the Companies.
Shri Dinesh Verma, CIT(ITA), Central Board of Direct Taxes the entry, Shri Anand Kumar Kedia, Director (TPL-1II), Central Board of Direct Taxes shall be substituted.