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 Section 113 of the Companies Act, 2013, which governs corporate representation at company and creditor meetings, inclu...
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 : 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 : The ROC, Punjab & Chandigarh, imposed penalties on Arisebhavishya India Mutual Benefit Nidhi Ltd for failing to maintain a registe...
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...
Under Section 454, Companies Act, 2013, MCA penalizes Desatan Iron & Steel Private Limited for incomplete meeting minutes. Learn about the case and implications.
Cheers!!! Now You can file your delayed ROC forms without any additional fees. The COVID-19 pandemic has, apart from other implications, presents an unprecedented challenge to world of work. The economic disruption caused by the pandemic is devastating millions of people are at risk of falling into extreme poverty. Millions of enterprises face an existential […]
Related Party Transactions- [Section 188 and Rule 15 of Companies (Meeting of Board and its Power) Rules, 2014] As per Section 2(76) of the Companies Act, 2013, Related party include- i) Director or its relative ii) KMP or its relative iii) any Firm in which Director is a partner iv) any Private Company in which […]
Any existing limited Company, i.e., private or public Company, whatsoever registered under this Act or under any previous company law can apply for conversion into Section 8 Companies subject to the following conditions: • The Memorandum and Articles of Association of the existing Company has in its objects the promotion of commerce, art, science, sports, […]
The formation and regulation of Producer Company is governed under the provisions of Sections 581A to 581ZL of Companies Act, 1956, read with Companies Act, 2013, i.e., powers of the same are given under Section 465 and the rules made there under. A producer company is a Company that is incorporated under the provisions of […]
Acceptance of Deposit Section 73 to 76 of the Companies Act 2013 read with Companies (Acceptance of Deposit) Rules, 2014:- As companies Act 2013, “Deposit” includes any receipt of money by way of deposit or loan or in any other form, by a company, but does not include such categories of amount as may be […]
Form MGT- 7 or Form MGT-7A? As we all are well aware that the Ministry vide its notification no. G.S.R. 159(E). dtd. 05th March, 2021, amended Rule 11(1) of Companies (Management and Administration) Rules, 2014 and introduced a new form of annual return exclusively for OPC and Small Companies. The amended rule states that: “Every […]
This Employee Stock Option Scheme (ESOP) checklist & Procedure is for Unlisted Companies & for Private Companies only. This checklist helps Professional & Corporate Users to gain knowledge about the ESOP. (Section 62(1)(b)) 1. Drafting of ESOP scheme. 2. Alter the Article of Association, if AOA is silent on the issue of share to employees […]
I. GOVERNMENT ALLOWS COMPANIES TO CONDUCT EGMs THROUGH VS OR OAVM AND EXTENDS TIMELINE FOR THE SAME: The Ministry of Corporate Affairs vide notification dated 15th June 2021 allowed companies to conduct extraordinary general meetings (EGMs) through Video Conferencing (VC) or other audiovisual means (OAVM), or through postal ballot. The ministry in view of the […]
Form DIR-2 Consent to act as a director of a company [Pursuant to section 152(5) and rule 8 of Companies (Appointment and Qualification of Directors) Rules, 2014] To XYZ LIMITED Subject: Consent to act as a Director I, XYZ, hereby give my consent to act as Director of XYZ Limited, pursuant to sub–section (5) of […]
