Company Law - Page 3

IND AS Applicability under Companies (Indian Accounting Standard) Rules, 2015

The Ind AS shall be applicable to the companies as follows: As notified by MCA as on 16/02/15 in Companies (Indian Accounting Standards) Rules, 2015. Obligation to comply with Indian Accounting Standards (Ind AS). - (1) The Companies and their auditors shall comply with the Indian Accounting Standards (Ind AS) specified in Annexure to the...

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Section 164 : Disqualifications under Companies Act 2013 for Appointment of Directors

Under Section 164(1) of Companies Act, 2013 A person cannot be appointed as director in any of the following cases (a) he is of unsound mind and stands so declared by a competent court (b) he is an undischarged insolvent; (c) he has applied to be adjudicated as an insolvent and his application is pending...

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Companies (Amendment) Ordinance, 2018- 10 Things to know

The Companies (Amendment) Ordinance, 2018 was promulgated on November 2, 2018. It amends several provisions in the Companies Act, 2013 relating to penalties, among others. Companies (Amendment) Ordinance, 2018 1. The issue of shares at a discount The Act prohibits a company from issuing shares at a discount, except in certain cases.  On ...

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Difference Between Fine & Penalty Companies Act, 2013 & Company Ordinance, 2018

There is always confusion between ‘Fine and Penalties’.  Through, this editorial author made an attempt to elaborate the difference and basic meaning of between ‘Fine & Penalties’. Let’s first see the meaning as per dictionary: Fine Penalty As per Oxford Dictionary: Fine is “a sum of money exacted as a pen...

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New Norms- Charge Creation/ Modification under Companies Act, 2013 & Company (Amendment) Ordinance, 2018

Creation/ modification of charge are one of crucial activity for Loan from Bank/ financial institutions etc.  When Companies Act, 2013 introduced at that time Charge satisfaction form required to be submitted with ROC within 30 days of satisfaction otherwise Company have to file application of compounding with Regional Director. However,...

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Conversion of Public Limited Company into Private Limited Company

Keeping in view the relaxations provided to a Private Company, many public companies have converted into Private Companies or in the process of such conversion. Through this brief write up an attempt has been made to unlock the technicalities related to Conversion of Public Company into Private Company prescribed under Companies Act, 2013...

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Certificate of commencement of Business under Companies Act, 2013

Ministry of Corporate affairs has finally get back a very well fine concept which was also available in the erstwhile Companies Act, 1956 i.e. Certificate of Commencement of Business. Origin The President of our Country i.e. Sh. Ram Nath Kovind Ji on 2nd Day of November, 2018 passed an Ordinance called as, The Companies (Amendment) [&hell...

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Revival of struck off Companies

The Registrar of Companies in the financial year 2017-18 struck off many Companies in accordance with the provisions of the Section 248(1) of the Companies Act, 2013 in its first trench and consequently, launched its second drive to strike off lakhs of Companies again in August, 2018. In this article, we shall study that what […]...

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Alteration of Share Capital under Companies Act, 2013 with draft Resolutions

Article covers Applicable Provisions for Alteration of Share Capital under Companies Act, 2013, Definition of Alter or alteration, Types of alteration of share capital U/s 61, Draft Of Ordinary Resolutions For Alteration Of Share Capital U/S 61 for a. Increase of authorized capital, b. Consolidation of share capital, c. Sub-division of sh...

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Aligning incorporation & registration of charges with Companies (Amendment) Ordinance, 2018

This write up deals with the changes brought pursuant to the Companies (Incorporation) Fourth Amendment Rules, 2018 and the Companies (Registration of Charges) Second Amendment Rules, 2018 ....

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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.

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