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...
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 […]
A Company may opt for conversion of loan to equity where there is an obligation on the part of the company to pay its debt as per the loan agreement within the time limit. At times companies are not in a position to satisfy its debt obligations, they exercise for conversion of such loan into […]
Overview The terms oppression and mismanagement are not defined under the Companies Act, 2013. These terms are to be interpreted by the court depending upon the facts of each case. Mismanagement refers to practices of managing the company incompetently and dishonestly. Violation of Memorandum of Association, Articles of Association, or other statutory provisions would amount to mismanagement. […]
Advancing Loan/ Giving Guarantee, providing Security in connection with a loan to director or person in whom director are interested. In accordance with the provision of Section 185 of Companies Act, 2013, Save as otherwise provided in this Act, a Company shall not, directly or indirectly, advance any loan, including any loan represented by a […]
Comparison in the Definition of ‘Independent Director’ under the Companies Act, 2013 & SEBI (LODR) Regulations, 2015 Section 149(6) of the Companies Act, 2013 Regulation 16(1)(b) of SEBI (LODR), 2015 An ‘Independent Director’ in relation to a company, means a director other than a managing director or a whole- time director or a nominee director:- […]
Section 173 of of Companies Act 2013 -Meetings of Board ♦ First meeting within 30 days of its incorporation. ♦ Minimum four board meetings every year (maximum gap between 2 consecutive meetings can be 120 days). ♦ Participation may be either in person or through video conferencing or other audio visual means. ♦ Following matters […]
