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 : The procedure outlines steps for altering the Memorandum of Association, including board approval, shareholder resolution, and reg...
Company Law : The Bill decriminalises minor offences by converting them into civil penalties, reducing fear of prosecution for procedural lapses...
Company Law : The amendment merges 11 forms into two streamlined frameworks to reduce compliance burden. The key takeaway is faster, simpler com...
Company Law : This article explains how ESOP taxation works and highlights the deferral benefit for eligible startup employees. It clarifies tha...
Company Law : The analysis clarified that shareholder protection is ensured through ultimate parent consolidation. Hence, intermediate companies...
Company Law : The Institute has proposed syllabus changes to align with modern industry, regulatory, and technological needs. Stakeholders are i...
Company Law : ICSI highlights delays in marking defective forms by RoCs under CCFS 2026. It urges MCA to mandate time-bound processing or allow ...
Company Law : The representation points out that e-form design is imposing requirements beyond the law. It seeks alignment of system validations...
Company Law : The issue is ambiguity in filing authority during liquidation. ICSI has requested clarity to enable liquidators to maintain statut...
Company Law : The initiative addresses inefficiencies in the current filing system and proposes consolidation and automation. It highlights a sh...
Company Law : The Court held that ongoing disputes regarding defective goods and account reconciliation existed prior to the demand notice. It r...
Company Law : Legal Analysis and Narrative Brief: Dale and Carrington Investment Pvt. Ltd. and Another v. P.K. Prathapan and Others (Supreme Cou...
Company Law : Insolvency plea was quashed as insolvency applications filed during the subsistence of an interim moratorium were void ab initio e...
Company Law : Bombay High Court held that writ petition cannot be entertained in the face of availability of alternative remedy of approaching t...
Company Law : The case examined whether Tribunal approval was required for extending preference share redemption. It was held that such extensio...
Company Law : A director was penalized for holding two DINs in violation of statutory provisions. The key takeaway is that even inadvertent non-...
Company Law : The company failed to conduct the required number of board meetings and exceeded statutory time gaps. The key takeaway is that str...
Company Law : Filing incorrect details in statutory forms attracts penalties even if later corrected. The key takeaway is that rectification doe...
Company Law : The case involved non-maintenance of a functional registered office, evidenced by undelivered official communication. The authorit...
Company Law : The case addressed prolonged possession of two DINs due to an inadvertent mistake. The authority imposed a ₹48,958 penalty, hold...
The undersigned is directed to refer to General Circular No: 13/2003 dated 25.3.2003 and General Circular No: 15/2003 dated 9.4.2003 regarding Simplified Exit Scheme. Though the scheme has been well received by professionals and corporate sector, clarifications/amplifications on certain issues have been sought for effective implementation of the scheme.
The undersigned is directed to General Circular No: 13/2003dated 25.3.2003 on the above mentioned matter regarding Simplified Exit Scheme.
Record of document destroyed to be maintained. – The Registrar of Companies shall maintain a Register in two parts, in the form set out in the Appendix annexed hereto, wherein he shall enter brief particulars of the records destroyed and shall certify by his own hand writing therein the date and mode of destruction.
Amendment to Companies (Acceptance of Deposits) Rules 1975 updates deposit interest categories, specifying rate bands from 0% to above 12.5% for clearer compliance.
The Public Companies (Terms of Issue of Debentures and Raising of Loans with Option to Convert such Debentures or Loans into Shares) Amendment Rules, 2003
Amendment to Companies (Acceptance of Deposits) Rules 1975 permits loans from NDDB to companies owned by it, clarifying deposit treatment for regulatory compliance.
New amendment to the Companies (Acceptance of Deposits) Rules exempts NDDB loans to its companies from deposit regulations under the Companies Act, 1956.
such scheduled bank or public financial institution has given the company notice of its intention to convert such loans or debentures at least 30 days prior to the intended date of conversion.
In exercise of the powers conferred by sub-section (2) of section 1 of the Companies (Second Amendment) Act, 2002 (11 of 2003) the Central Government hereby appoints the 1st day of April, 2003 as the date on which the provisions of section 2 and 6 of the said Act shall come into force.
Further the Company is not doing / carrying on any business right from the date of its incorporation and the Company is also not intending to do any business or commercial activity as laid down in the main objects of its Memorandum of Association in future.