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...
INTRODUCTION In general, deposits mean the sum of money kept at the banks to gain interest on it periodically. The deposit is considered as the property or assets of the person who gives such an amount to the bank for safekeeping. Bank and other financial institutions take deposits as it is their primary source of […]
Ready Reckoner To Various Limits and Applicability Of Major Sections Under The Companies Act, 2013 Memorizing and recalling each and every limit and applicability of various sections in an act so enormous is not an easy task. Following is a ready reckoner – bringing together the applicability limits of all such provisions at one place […]
Article explanations about Acceptance From Designated Partners/Members/ Shareholder (section 73(2) (Companies Act, 2013), Loan from Director or a Relative of Director (Companies (Acceptance of Deposits) Rules, 2014 read with Section 73, Loan from another Company and Loan From Banks & Financial Institutions. SR NO. PARTICULARS LLP PRIVATE COMPANY PUBLIC COMPANY 1 Acceptance From Designated Partners/Members/ Shareholder […]
Section 73 – 76 of Companies Act, 2013 r/w Rules as per Chapter V of Companies Act, 2013 governs the mechanism related to invitation and acceptance of deposits. Section 2(31) of the Companies Act of 2013 defines ‘deposit’ to include any receipt of money by way of deposit or loan or in any other form […]
Maintenance of Books of Accounts is one of the Mandatory compliances that every company needs to follow irrespective of its nature whether its a private limited, public limited, OPC, or LLP, each of these entities requires obeying Section 128 of the Companies Act, 2013 mandatorily.
1. Alteration is much wider term than Reduction, since Alteration may be increase or decrease or cancellation in share capital, but Reduction is a much restricted phenomena wherein the only consequence that needs to be achieved here is overall decrease in Share Capital. 2. As per Section 61 of Companies Act of 2013, there are […]
Clarification regarding the confusion between the words Punishable with Fine and Liable to Penalty There is always confusion between the word fine and penalty So,Let us first understand the basic meaning of Fine and Penalty and the difference, if any, between the two. Definition of Fine As per the definition provided in Oxford Dictionary: Fine […]
In order to have better Corporate Governance and Compliance, one-time registration in a simple E-Form CSR-1 is mandatory applicable to all the Registered Societies, Registered Trusts and Registered Section 8 Companies and other entities who is engaged in CSR (Corporate Social Responsibility) activities/ funding. Through this article, the author purports to analyze the provisions and […]
Present herewith is the Procedure for Consolidation of Share Capital in a brief and concise manner after having gone through the relevant sections as well as concerned Rules under Companies Act of 2013 attached with allied Rules. 1. The company must firstly need to keep this thing in mind that its articles of association contain […]
Annual General Meeting In OPC (One Person Company) Under Companies Act, 2013 Annual General Meeting in a private limited company is familiar to us, but what should be the course of action in the case of a one-person Company (OPC) As per the Companies Act, 2013 is explained herein, we have also tried to summarize […]
