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 : Pvt Ltd ROC Filing is a essential compliance requirement for non-public confined groups in India. Filing ROC returns on time facil...
Company Law : Learn the ISIN issuance process, required documents, and compliance steps for dematerializing securities under the Companies Act, ...
Company Law : Understand purpose, filing requirements, due dates and penalties of Form MSME-1 for companies with outstanding dues to MSME suppli...
Company Law : The board approved the adoption of a new Memorandum & Articles of Association in compliance with the Companies Act, 2013, subject ...
Company Law : Learn about Wholly Owned Subsidiary (WOS) model in India, its shareholder requirements, nominee shareholders and compliance obliga...
Company Law : Find the provisional list of audit firms of listed companies that haven't filed NFRA-2 forms for the reporting period 2023-24. Upd...
Company Law : The Companies Act 2013 mandates corporate governance, transparency, and CSR reporting. Key provisions include financial disclosure...
Company Law : Understand the compliance regime for private limited companies in India, including business closure timelines and government measu...
Company Law : Overview of proposed amendments in the Companies Act, 2013, CSR monitoring framework, and steps to ensure compliance and prevent m...
Company Law : Review CSR activities as mandated under Section 135 of the Companies Act, including sector-wise and state-wise CSR expenditure fro...
Company Law : When the corporate debtor failed to pay the outstanding power obligation, appellant subsequently cut off the electrical service. O...
Company Law : The plain reading of the above provisions of Section 60(5)(c) clearly indicates that the NCLT is empowered to adjudicate any quest...
Company Law : NCLAT Delhi quashes CIRP against Alcuris Healthcare, ruling profit-sharing disputes do not constitute operational debt under IBC. ...
Company Law : NCLAT dismisses appeals in Saturn Ventures case, upholding RP’s findings on asset ownership and rejecting fraudulent transaction...
Company Law : NCLAT Delhi held that Liquidator is jurisdictionally empowered to proceed with private sale of Corporate Debtor by adopting Swiss ...
Company Law : Tristar Transport India Pvt. Ltd. fined for delays in filing BEN-1 and BEN-2 under Section 90 of the Companies Act, 2013. Director...
Company Law : Tristar Transport (India) Pvt. Ltd. faces penalties for delayed compliance with Section 90 of the Companies Act, 2013, as per ROC ...
Company Law : Regional Director modifies CSR penalty for Clairvoyant India, waiving fines for directors, and reducing company penalty due to pro...
Company Law : Vatan Textiles Ltd.'s appeal against penalties for delayed annual return filing was rejected due to late submission. RoC Mumbai's ...
Company Law : Vatan Textiles' appeal against penalties for delayed financial statement filing was rejected by the Regional Director, Mumbai, due...
The company did not circulate annual audited financial statements to the members, directors and statutory auditors of the company before the annual general meeting of the company held on 27th June 2022, it is contravening the provision of section 136 of the Companies Act. 2013. So, MCA penalised Draeger India Private Limited for failing to circulate […]
Ministry of Corporate Affairs issued an order for penalties under Section 454 of the Companies Act, 2013, against Draeger India Private Limited. The company has been found in violation of Section 134(2), 134(3), and 134(7) of the Companies Act, 2013, for non-compliance during their annual general meeting held on June 27, 2022. The appointed Adjudicating […]
Company failed to circulate proper notice to its members and directors for the Annual General Meeting (AGM) scheduled on June 27, 2022, as required by Section 101 of the Act. The company rectified the default by circulating the notice and holding the AGM on November 9, 2022.
Unlock the benefits of Fast Track Merger under Section 233 of the Companies Act, 2013, with a streamlined process completed in just 60 days. Explore the recent MCA notification mandating the time limit and its impact on the merger application filed before the Regional Director. Delve into the steps involved, including board approvals, notice issuance, declaration of solvency, shareholder/creditor meetings, and filing applications.
National Financial Reporting Authority Imposes Penalties and Sanctions on M/s. Sundaresha & Associates and its Auditors for Professional Misconduct
MCA imposes penalty as company failed to circulate annual audited financial statements to its members directors statutory auditors before AGM
MCA imposes penalties on Draeger India Private Limited for violation of Section 118(2) of Companies Act, 2013 as company incorrectly mentioned in its meeting minutes that audited financial statements were adopted by members
The company failed to hold its 3rd board meeting within the prescribed time frame, with a delay of 45 days. The penalties imposed are as follows: Rs. 54,000 on the company, Rs. 50,000 on Mr. Kamal Bali (Managing Director), and Rs. 50,000 on Ms. Alka Mishra (Company Secretary).
Ministry of Corporate Affairs (MCA) in India has issued an adjudication order imposing penalties on auditors for their failure to comply with the provisions of Section 143 of the Companies Act, 2013. The penalties are imposed on the auditors of Strong Infracon Private Limited for non-disclosure of various key financial information in the company’s audit reports.
Strong Infracon Private Limited and Elite Realcon Private Limited were identified as violators of Section 134(5)(a) of the Companies Act, 2013, following an inspection conducted under Section 206(5) of the Act. These violations date back to the fiscal years 2010-11 to 2015-16. The penalty imposed amounts to a total of INR 400,000, distributed between the […]
