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 : SC rules that NCLT cannot decide on public law matters under MMDR Act in IBC cases, reaffirming High Court jurisdiction under Arti...
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 : 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...
Explore the nuances of Representative Actions and Derivative Actions under The Companies Act, 2013. Understand features, advantages, and limitations of these legal mechanisms for shareholder rights and corporate accountability. Stay informed with our in-depth analysis.
ROC Delhi imposes penalty on Delhi based Private Limited Company for non-compliance of Section 118 of Companies Act, 2013 i.e. for not conducting 4 board meetings in a year. Facts: The Company had filed suo-motu an application for adjudication for violation of Section 118(10) of the Act, r/w Secretarial Standard -1, issued by ICSI, wherein […]
Discover quick steps for incorporating a Limited Liability Partnership (LLP) using FiLLiP on the MCA V3 portal. From login to essential details, this guide simplifies the process for new LLP incorporation, ensuring a seamless experience. Learn about designated partners, residency requirements, and crucial points to consider. Make your LLP incorporation hassle-free with Prakasha & Co.’s comprehensive guide.
In this case company was required to convene it’s fourth board meeting for the calendar year 2020 on or before 31.12.2020. However, company held its next board meeting on 01.02.2021 with delay of 31 day (i.e., From 01.01.2021 to 01.02.2021). Hence, the company has not complied the provision of the section 173(1) of the Companies […]
A wholly owned subsidiary is a company with 100% of its shares owned by another corporation, which is the parent company. A parent company can acquire a wholly owned subsidiary or create one through a split-off.
According to u/s 149(9) of companies act, an independent director shall not be entitled to any stock option and receive any remuneration by way of a fee provided under section 197 sub section 5, reimbursement of expenses for participation in a board and other meeting and profit related commission as may be approved by the members.
As per the provisions of Section 10A(1), a newly incorporated company with share capital must file a declaration within 180 days of incorporation, confirming that every subscriber to the memorandum has paid the value of the shares agreed upon. The company also needs to verify its registered office details. However, Vena Energy Aura Private Limited failed to fulfill these requirements.
Learn the step-by-step process of claiming shares from the IEPF (Investor Education and Protection Fund) under the Companies Act, 2013. Understand the forms, documentation, verification, and timelines involved to ensure a successful claim.
Discover the intricacies of valuation under various acts by registered valuers. Explore the rules and regulations under the Companies Act, 2013, and delve into the valuation process under the Insolvency and Bankruptcy Code, 2016. Gain insights into specific sections and regulations, ensuring compliance with the latest requirements.
Responsibilities regarding the implementation of Audit Trail requirement- Management is primarily responsible for the implementation and maintenance of audit trail feature in the accounting software.
