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 : Learn about CARO, 2020 guidelines for reporting loans, guarantees, security, and investments by companies to ensure compliance and...
Company Law : Ensure compliance with updated Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 for 202...
Company Law : Explore various threshold limits under the Companies Act, 2013, with detailed compliance requirements for listed, public, and priv...
Company Law : Understand the latest changes in DIR-3 KYC, including rules for updating email IDs and mobile numbers, fees, and filing details. L...
Company Law : Understand the nuances of signing board reports and financial statements under Companies Act and SEBI (LODR). Learn who must sign ...
Company Law : Explore ICMAI detailed analysis of the Govt. committee report on enhancing cost audit effectiveness. Read insights & recommendatio...
Company Law : Discover the challenges faced by the Institute of Company Secretaries of India in filing Form DPT-3 for FY 2023-24. Learn about te...
Company Law : Explore the challenges faced by newly incorporated companies regarding mandatory ESI and EPF registrations in India, with proposed...
Company Law : Delve into the NFRA order controversy with detailed analysis on penalty imposition, opinion disparities, and key issues. Gain insi...
Company Law : Explore the issues and challenges in processing MCA forms at CPC. Learn about the proposed solutions for timely approval and the i...
Company Law : Explore the Calcutta High Court's decision in Uphealth Holdings, INC. Vs Dr. Syed Sabahat Azim & Ors. regarding the applicability ...
Company Law : Read the full NCLT judgment where Zee Entertainment Enterprises Limited sought to withdraw its merger with Sony Groups, impacting ...
Company Law : Explore the implications of issuing duplicate debenture certificates under the Companies Act, 2013. Learn about legal remedies, as...
Company Law : Explore the detailed judgment in the Grand Developers Pvt. Ltd. vs. Nitin Batra & Ors. case by NCLAT Delhi, including key argument...
Company Law : Read the NCLT judgment approving the demerger scheme between Raymond Limited and Raymond Lifestyle Limited. Detailed analysis and ...
Company Law : General Circular No- 07/2024: Forms IEPF-3 merges with IEPF-4 and IEPF-7 with IEPF-1 in MCA Version 3. Simplifying compliance for ...
Company Law : Circular No. 06/2024 MCA has waived the additional fee for filing various IEPF e-forms (IEPF-1, IEPF-1A, IEPF-2, IEPF-4) and e-ver...
Company Law : IEPF Authority (Accounting, Audit, Transfer and Refund) Amendment Rules, 2024: Streamlining online transfers and updated forms. Re...
Company Law : Check out the latest Companies (Incorporation) Amendment Rules 2024 issued by Ministry of Corporate Affairs, omitting word Nidhi f...
Company Law : Multiple Updates of Mobile Number or Email Address in DIN Allowed by MCA by submitting e‑form DIR‑3 KYC on payment of fees of ...
The power to borrow monies is an inherent power with corporate entities for the purposes of company. This power is to be exercised in terms of provisions of Companies Act, 1956/2013 and Memorandum and Articles of Association of the company. However, in case of companies registered under section 25 of the Companies Act, 1956 or […]
Deposits, its implication, exemption & penal Provision Under Companies Act, 2013 Deposits refer to accepting of loans and advances by a company from its member or from public subject to certain terms and condition which are required to be fulfilled as per the Companies Act, 2013. Deposit Excludes: – 1. Any amount received from Central […]
Applicable Provision: Section 161(1) of Companies Act of 2013r/w Rules of Companies (Appointment and Qualification of Directors) Rules of 2014. As per Section 161(1), ‘Articles of a company may confer on its Board of Director such power to appoint Additional Director. A person who has failed to be appointed through general meeting shall not be […]
E-Form ADT-1 is required to be filed pursuant to Section 139 and 140 of the Companies Act, 2013 (‘CA, 2013’) and pursuant to Rule 4(2) of the Companies (Audit and Auditors) Rules, 2014. It is notable that the first Auditor shall be appointed in the company by Board of Director under Section 139(6) or 139(7) […]
MCA Releases List of 53 Forms eligible for Additional Fees Waiver pursuant to General Circular No. 06/2021 and General Circular No. 07/2021 Dated: 03/05/2021. List is been Updated by MCA as under First List of 10 Forms on 13th May 2021 Second List of 18 forms on 22nd May 2021 (Inclusive of above) Third List […]
REMOVAL OF AUDITOR BEFORE THEIR TERM:- Provisions Under Companies Act, 2013– Pursuant to the Provision of Section 140(1) of the Companies Act, 2013 read with Rule 7(1) of Companies (Audit and Auditors) Rules, 2014 The auditor appointed under section 139 may be removed from his office before the expiry of his term only by a […]
Applicable Provisions: Section 203 of Companies Act of 2013 r/w Rule 8 of Companies (Appointment and Remuneration of Managerial Personnel) Rules of 2014 What they have to Say: Every Listed company and every other public company having a paid-up share capital of Rs. 10 Crore or more shall have whole-time key managerial personnel comprising of: […]
Pursuant to SEBI Notification No. SEBI/LAD-NRO/GN/2021/22 dated May 05, 2021 SEBI has amended Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Amendment regulation are called Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2021. 1. Amendment with Respect to Quarterly Compliance S.No. Reg. Particulars […]
SECTION-185 ⇓ LOAN, GUARANTEE OR PROVIDING SECURITY TO DIRECTORS, ETC. OBJECTIVE OF SECTION 185 ⇓ To Prevent the directors from using their undue influence in obtaining Loan From their Own Company either for themselves or for their relatives or partners. APPLICABILITY OF SECTION 185 ⇓ This Section Shall be Applicable to ALL COMPANIES Except:- Certain […]
Instances when Section 447 of Companies Act, 2013 (Fraud) has to be invoked – A quick recap of important provisions. The Companies Act of 2013, unlike its previous predecessor Act of 1956 have tried to list out various provisions or instances wherein Section 447, that exclusively deals with defining Fraud and its punishment, has to […]
