2 Company Law News India, Acts, Articles, Notification, Circular

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Loans, Investment, Guarantee or Security by Company: FAQs

Loans, Investment, Guarantee or Security by Company: FAQs based analysis of the Section 185 and Section 186 of Companies Act, 2013 The article explains the Section 185 and 186 of Companies Act, 2013 in the form of Q&A with practical approach. “Section 185: “Loan to directors, etc.— (1) Save as otherwise provided in this Act, [&h...

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Documents Required for Registration of Private Limited Company

PRIVATE LIMITED COMPANY REGISTRATION A firm that is privately owned and liability of its members is limited to the extent of share capital held by them or guarantee amount undertaken by them is called Private Limited Company. Private companies may issue stock and have shareholders, but their shares do not trade on public exchanges and [&h...

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MCA imposes penalty on Company & Directors for not filing Financial Statements

No. ROC CHD/Adj/2021-22/137/RP/008076/816 08/12/2022

As per MCA Registry company has not filed its Financial Statements for the financial year 2019-20 and 2020-2021. This office has issued Show Cause Notice for violation of section 137(1) of the Companies Act, 2013 read with Companies (Adjudication of Penalties) Rules, 2014...

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147 Days delay in filing Appeal was condoned on basis of equity

M.K. Resely Vs Union Bank of India (NCLAT Chennai)

Delay of 147 days in filing of appeal before NCLAT was condoned upon equity. The delay had occurred as the Appellant had challenged the Impugned Order before the High Court instead of NCLAT but on a bona fide basis and the time taken by the High Court in deciding the matter had been excluded by the NCLAT in computation of limitation....

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Inter Corporate Loans and Investments – Section 186

A Company can give loans and guarantees, acquire securities or make investments in another company or body corporate with the consent of the board or shareholders. Such loans given by a company to other companies or body corporates are known as inter-corporate loans. When a company invests in another company, it is known as inter-corporat...

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Corporate Fraud in India & Outside India under Companies Act 2013 

Corporate Fraud under Section 447 of Companies Act (CA) 2013  1. Introduction on Imprisonment + financial penalty against Corporate Fraud (i) Corporate frauds are increasing in India by person already directly + indirectly as connected + not–connected (both) with corporate. (ii) Now corporates are required the high standards for co...

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Operational Creditors can be classified for deciding manner of distribution of money by CoC

Excel Engineering Vs Vivek Murlidhar Dabhade (NCLAT Delhi)

NCLAT Delhi held that there is no embargo for the classification of the Operational Creditors into separate/different classes for deciding the way in which the money is to be distributed to them by the CoCs....

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Conversion of public limited to private limited company doesn’t attract stamp duty

Inox Air Products Pvt. Ltd. Vs State of H.P. (Himachal Pradesh High Court)

Himachal Pradesh High Court held that stamp duty/ registration fee not leviable on conversion of public limited company to private limited company....

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Section 8 Company Registration under Companies Act, 2013

Section 8 businesses do not aim to make a profit; instead, they have charitable objectives. They have only good intentions behind them. They work to further a variety of causes, including those related to sport, culture, research, and religion....

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Section 8 Company under Indian Companies Act, 2013

Indian Companies Act, 2013, as well as the rules and regulations created by that Act, govern Section 8 Companies. The Ministry of Corporate Affairs, Government of India, is in charge of managing it through the Offices of Registrar of Companies, which are spread out across the nation's states....

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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.