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 : joint audit involves two or more audit firms working together to issue an audit opinion on the financial statements of an organiza...
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 : 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 : Vishnupriya Hotels' appeal led to a penalty reduction for non-compliance with Section 149(3) of the Companies Act. The company pai...
Company Law : Vishnupriya Hotels appealed against CSR non-compliance penalties. The Regional Director reduced the fine after reviewing submissio...
Company Law : Konoria Plaschem faced penalties for failing to appoint an internal auditor from 2014-2020. The fine was reduced on appeal. Read t...
Company Law : Water & Sanitation (India) for Urban Poor failed to hold board meetings from 2011-2019, leading to penalties. The fine was later r...
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...
In Part I and II of the article we discussed Amendment for use of Accounting Software having Audit Trail, Amendments for the preparation of Financial Statements (Schedule III), Applicability of the CARO 2020, Amendments in Auditor’s Report, Amendments in definition of Small company, Amendments related to One Per and Amendments applicable to OPC and Small Company. In this Article […]
Directors and Officers Liability Insurance, often known as D&O Liability Insurance is a type of a liability Insurance and is a relatively newer concept in the Indian Corporate scenario. Though gaining popularity with each passing day due to the heavy compliances and imposition of liability on the top management of the Company and the rising […]
New amendments under The Companies Act, 2013 (Commencing from April 01, 2021 to June 30, 2021). Articles discusses Amendments in Auditor’s Report, Amendments in definition of Small Company, Amendments related to One Person Company (OPC), Amendments in definition for the Listed companies, Amendments in Director’s Report And Amendments applicable to OPC and Small Company . […]
The government; by amending The Companies (Audit and Auditors) Rules, 2014, has inserted the new clause “g” to be implemented from 1st April 2022 (originally, to be implemented from 1st April 2021), and the auditor shall comment on the same in their report for the year 2022-23. Clause “g” provides; Whether the company, in respect […]
There are many start-ups in India who begin their journey as Limited Liability Partnership (LLP). LLP is majorly suitable for Service sectors, Professionals, Start-ups, Small Businesses, where the liability in business remains LIMITED. It is also a recommended form of business for people who want to have lesser of annual compliances and annual audit expenses […]
Whether the Government is planning to amend the Corporate Social Responsibility (CSR) rules under the Companies Act, 2013 to make it mandatory for the companies to create a corpus for disaster management;
Version 3 of MCA21 is proposed to be launched and deployed in phases and will include Company and LLP Modules, e-Adjudication, e-Consultation, e-Book, Learning Management and Compliance Management System driven by data analytics, Artificial Intelligence and Machine Learning.
During the current year (from 01.01.2021 to 10.12.2021) total 9781 number of One Person Companies (OPCs) were registered under the provisions of the Companies Act, 2013
Oppression and Mismanagement [Section 241 to Section 246] of the Companies Act Section 241 to Section 246 covers provisions relating to ‘Oppression and Mismanagement’ under the Companies Act. The briefing of all the sections is contained hereunder- Sections Briefing Section 241 Application to Tribunal for Relief in Cases of Oppression, etc. Section 242 Powers of […]
Form INC-20A (Declaration for Commencement of Business): Hello friends, here we are going to discuss the new e-form INC-20A (Declaration for Commencement of Business). First of all we will discuss the legal background of the new provision. What is the reason for insertion of new provision. What are the consequences, if a company does not […]
