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 the legal procedures for director resignation and removal under the Companies Act, 2013, including compliance with ROC...
Company Law : Understand the process and requirements for converting an unlisted public company into an LLP, including necessary filings and doc...
Company Law : Understand if Form SH-7 is required during the conversion of CCPS to equity shares under the Companies Act, 2013, based on the aut...
Company Law : Learn about Section 203 of the Companies Act, its applicability to private companies, key provisions, and exceptions for companies...
Company Law : Understand stamp duty rules on share transfers in demat form for private limited companies. Covers legal framework, rates, respons...
Company Law : The Government acknowledges MCA-21 glitches, highlights improvements, ensures data security, and implements new features for bette...
Company Law : The Indian government has reduced reporting forms for companies on unclaimed dividends and integrated fund transfers with Bharatko...
Company Law : MCA21 portal saw 80.26 lakh form filings between April 2024 and January 2025, showcasing improved security, user experience, and s...
Company Law : Summary of NFRA's audit quality inspection of Lodha & Co., highlighting key deficiencies in audit documentation, independence poli...
Company Law : NFRA's 2023 inspection of M/s BSR & Co. LLP highlighted improvements in audit practices, independence policies, and documentation ...
Company Law : NCLAT Delhi held that trusteeship deeds are generally signed between the trust on behalf of the lenders and the personal/ corporat...
Company Law : NCLAT Delhi held that CoC decision to liquidate the Corporate Debtor is acceptable as corporate debtor has no assets and thus CIRP...
Company Law : Delhi HC examines NFRA's jurisdiction in issuing show-cause notices to Engagement Quality Control Reviewers (EQCRs) under Section ...
Company Law : The view that NCLT had no jurisdiction to entertain Section 95 Application filed by the Financial Creditor and the Application oug...
Company Law : NCLAT Delhi held that as per expressed provisions of section 101(1) of the Insolvency and Bankruptcy Code, 2016 moratorium period ...
Company Law : Infracx Developers Pvt Ltd penalized for delayed INC-20A filing under Section 10A of the Companies Act, 2013. Total penalty: ₹43...
Company Law : Godrej Tyson Foods Ltd. penalized for failing to appoint a woman director under Section 149(1) of the Companies Act. Penalty inclu...
Company Law : NFRA imposes Rs. 5 lakh penalty and 5-year debarment on CA Neeraj Bansal for professional misconduct during Religare Finvest Ltd's...
Company Law : MCA penalizes Chandrabangshi Nidhi Ltd for violating Section 118(1) of the Companies Act, 2013, due to failure to maintain meeting...
Company Law : United Technologies faces penalties for non-appointment of company secretary under the Companies Act, with fines for company and d...
Applicable Provisions: Section 43(2) of the Companies Act, 2013 along with Rule 4 of Companies (Share Capital and Debentures) Rules, 2014. As per section 43(2) of the Companies Act, 2013: Company can issue shares with differential right as to dividend, voting or otherwise. The differential rights are in respect of voting power and dividend, so […]
Jaiveer Singh Virk Vs Sir Sobha Singh & Sons Pvt. Ltd. (Delhi High Court) The next question is- what is the nature of Appellant’s right and whether such a right is enforceable under law? The Appellant asserts that he is a shareholder of Respondent No. 1, which is a corporate entity, incorporated in the year […]
Chalasani Udaya Sankar Vs Lexus Technologies Pvt. Ltd. (NCLAT Chennai) It is to be pointed out that the ‘Lockdown’ period during COVID is an extraordinary situation. Furthermore, this ‘Appellate Tribunal’ is of the considered opinion that in every ‘order’ passed by the ‘Tribunal’ ‘sobriety’, ‘calm composure’, ‘poise’ cool like ‘cucumber’ attitude and ‘functional humbleness’ is […]
Amendment THROUGH NOTIFICATIONS 1. RECTIFICATION OF NAME OF THE COMPANY MCA has issued a notification on 22nd July, 2021, Commencement of Section 4 of Companies (Amendment) Act, 2020. As per notification, it will came into effect from 1st September 2021. A. ANALYSIS OF NOTIFICATION – (Amendment in Section 16) By this notification, the Central Government has appointed […]
DUE DATE CALENDAR OF COMPANIES ACT, 2013 FOR THE MONTH AUGUST 2021 S. NO. FORM PURPOSE OF FORM Periodicity LAST DATE TO FILE REMARK EXTENDED DUE DATE 1. MSME-1 Form for furnishing half yearly return with the registrar in respect of outstanding payments to micro or small enterprises Half yearly (Oct – Mar) 30-April-2021 Applicable […]
In this editorial, Author shall discuss about dilemma that whether an Individual can apply for DIN before Incorporation of Company, in other words. If Someone wants to have DIN, but such person doesn’t have any relation with any Company and don’t want to incorporate Company right now. Whether such person can apply for DIN? If […]
In this editorial author discussing about Provisions of loan from shareholders by Private Limited Company, Process of acceptance of loan from shareholder, Treatment of such loan in DPT-3, Balance Sheet etc. There are many ambiguities in the corporate and professionals about treatment of Loan from shareholder, whether considered as deposit or not? Section/ Rules Involved: […]
In this editorial, Author shall discuss about concept of deposit in relation to most common question between professionals i.e. ‘If a Company accepted loan from an Individual and such individual is Director as well as shareholder of the Company. Whether loan from such person shall be considered as Loan from Shareholder of Loan from Director? […]
In this editorial, Author shall discuss about concept of Beneficial Interest, meaning of beneficial owner, registered owner, compliances in case of beneficial interest etc. A. REGISTERED OWNER: He is a person, whose name shall be enter into register of members but who does not hold the beneficial interest in such shares, legal interest vested with […]
In this editorial, Author shall discuss about ‘Management Services’ which are not allowed to be provided by Statutory Auditors. A. Restricted Services by Auditor: An auditor appointed under this Act shall not provide the following services directly or indirectly to the company or its holding company or subsidiary company: – √ accounting and book-keeping services; √ […]
