Company Law - Page 30

Detailed Comparison of CARO 2020 with CARO 2016

01/01/1970

Section 143 (11) of the Companies Act, 2013 stipulates that the Central Government may order for the inclusion of statement on specified matter in the auditor’s report for specified class or description of companies. Accordingly, CARO 2016 was issued in pursuance of Section 143 (11) of Companies Act 2013 for inclusion of the matters spe...

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Analysis of 3 Company Law Notification dated 18.12.2020

01/01/1970

Ministry of Corporate Affairs (MCA) has vide its notifications dated 18th December 2020, issued amendment in following rules: 1. Companies (Appointment and Qualification of Directors) Fifth Amendment Rules, 2020: MCA has relaxed certain provisions under the law w.r.t. mandatory online proficiency self-assessment test that one has to under...

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Extend Due Dates of Compliances under Companies Act, 2013

01/01/1970

Direct Taxes Professionals’ Association has Requested FM for extension of validity of LLP settlement scheme, 2020, companies fresh start scheme, 2020 and scheme for relaxation of time for filing forms related to creation or modification of charges. It requested that all the deadlines of ROC compliances be extended to 31st March, 2021 or...

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New MCA Scheme for condonation of delay for certain companies

General Circular No. 03/2021 15/01/2021

Scheme for condonation of delay for companies restored on the Register of Companies between 01 December 2020 and 31 December 2020,  under section 252 of the Companies Act, 2013 ...

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CFSS-2020 Form available for filing

01/01/1970

Availability of Companies Fresh Start Scheme-2020 Form as e-form w.e.f. 16th January, 2021 Companies Fresh Start Scheme, 2020 was a scheme which given a chance to enable companies to make good of any filing-related defaults, irrespective of the duration of default, and make a fresh start as a fully compliant entity. Companies Fresh Start ...

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Annual Compliance calendar for Unlisted Companies for FY 2020-21 (Companies Act, 2013)

01/01/1970

Annual Compliance calendar for Unlisted Companies for the Financial Year (FY) 2020-21 [Under the Companies Act, 2013] Sr. No. Compliance Section & Rule Form Occurrence Due Date 1.        Intimation by Director about disqualification Section 164(2) of the Companies Act, 2013 read with Rule 14(1) of the Companies (Appointment and ...

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Adjudication of Penalties under Companies Act 2013- Analysis

01/01/1970

What is an Offence? The term ‘Offence’ is not defined under the Companies Act 2013 (the ‘Act’). Sec 3(38) of the General Clauses Act, 1897 ‘Offence’ means any act or omission made punishable by any law for the time being in force. Section 2(n) of the Criminal Procedure Code ‘Offence’ means a...

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ICAI Releases Handbook on Audit of CSR Activities

01/01/1970

Handbook on Audit of CSR Activities, has been published by the ICAI in an effort to guide the members in meeting the expectations of the professionals and the stakeholders in this respect. ...

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Loan to Directors etc. – Deletion of Non-obstante clause by Companies (Amendment) Act, 2017

01/01/1970

Loan to Directors etc. – Deletion of Non-obstante clause by the Companies (Amendment) Act, 2017  Section 185 of the Companies Act, 2013 (CA, 2013) was notified on September 12, 2013 and came into force on the same date replacing the old Section 295 of the Companies Act, 1956 (Erstwhile Act) which provides for loans to directors. ...

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Companies who not followed Process for AGM date extension may face legal action: MCA

General Circular No.02/2021 13/01/2021

Circular shall not be construed as conferring any extension of time for holding of AGMs by the companies under the Companies Act, 2013, and the companies which have not adhered to the relevant timelines shall remain subject to legal action under the Companies Act, 2013....

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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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