Company Law - Page 3

Major Impact of Companies Amendment Bill, 2017 as passed by Lok Sabha

Major Amendment proposed in Companies Amendment Bill, 2017 are as follow: A. Definition of Related Party [Section 2(76)]: A explanation added after clause (viii) Investing Company or the Venture Company: means a body corporate whose investment in the Company would result in the Company becoming an associate Company of the body Corporate....

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Summary Of Companies Amendment Bill, 2017 as passed by Lok Sabha

The Companies (Amendment) Bill, 2017 introduced in Lok Sabha on 16th March, 2016 as the Companies (Amendment) Bill, 2016, was referred to Standing Committee. The government after considering the suggestions of the Committee gave notice of amendment as approved by the Cabinet to the Lok Sabha. The Lok Sabha has passed the Company (Amendmen...

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Guidance Note on Division II- IND AS Schedule III to Companies Act 2013

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without prior permission in writing from the publisher....

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Reg. Private company exemption from internal financial control reporting

General Circular No. 08/2017 (25/07/2017)

Stakeholders have drawn attention of this Ministry to the serial no. 5 of notification No. G.S.R. 583(E) dated 13th June, 2017 which states that requirements of reporting under section 143(3)(i) of the Companies Act, 2013 shall not apply to certain private companies as mentioned therein and have sought clarification w.r.t. the financial y...

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National Financial Reporting Authority [NFRA] – In Brief

The Central Government may, by notification, shall constitute a National Financial Reporting Authority / NFRA, an independent Regulator for auditors. (Section132). NFRA, a quasi – judicial regulator will replace the National Advisory Committee on Accounting Standards (Section 210A of the Companies Act, 1956)....

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MCA constitutes 2 two Committee to review 10 year old and above cases

No. 16/37/2017 -Legal (25/07/2017)

Constitution of two Review Committee (s) for reviewing the 10 year old and above cases of different regions and in office of SFIO for withdrawal of prosecution. The Committees would review and recommend the details of cases in which prosecutions are required to be withdrawn including the reports submitted by the Regional Director (s)...

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Salient features of system of issuing e-patent certificates

The Government has launched the system of issuing e-patent certificates after grant of patent, by issuing a public notice on 3-7-2017.The salient features are enumerated below:-...

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Summary of exemptions to private companies under Companies Act, 2013

Exemptions to Private companies under Companies Act, 2013 in a nutshell is given below for ready reference of the Professionals. This article is written with an intention to give the readers a one page look at the exemptions to private companies under the Companies Act, 2013. I hope it proves to be useful to all […]...

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Summary of MCA Notifications issued during June 2017

No. I-27011/2/2017-Coord.

Three notifications under section 462 of the Companies Act, 2013[CA-13] have been issued after laying of such notifications in draft form before both houses of These notifications provide exemptions from the provisions of the CA-13 to respective companies (viz. Private companies, Government companies and charitable companies) as per recom...

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Amendment Companies Act, 2013- June-July, 2017

In this Flash editorial, the author referring amendment (i.e. in Rules, Sections, Circulars, Notifications) issued by Ministry of Corporate Affairs in the Month of June – July, 2017. This is article no. 246 of the series of editorials written by the author on corporate laws...

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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.