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...
Political contribution is always been a hot topic and the introduction of the same under the commercial law is mandatory and seen as an uplifting effect to the economy, as contribution are the most common source of campaign support, and Power and finance has always been the two most important pillars of an economic cycle […]
No additional fees upto 31st July, 2021 on forms under Companies /LLP Act due for filing during 1st April, 2021 to 31st May, 2021 The Ministry of Corporate Affairs (‘MCA’) has received request from stakeholders for relaxation on levy of additional fees for filing of various forms under the Companies Act, 2013 /LLP Act, 2008/ […]
Section 185 of the Companies Act, 2013 regulates the provisions relating to grant of loans to directors of the company. Article explains Prohibition on grant of loans to directors under section Section 185 (1), Restriction under Section 185(2) on grant of loans to directors of the company, Exemption under Section 185(3) against on grant of […]
A. Relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 Introduction: MCA has issued General Circular No. 07/2021 dated 03rd May, 2021 on relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013 in view of COVID-19 related restrictions […]
FAQs on Removal of Names of Companies From the Register of Companies 1. When can ROC suomoto remove the name of Company? When: – ♠ A company which has failed to commence its business within one year of its incorporation; ♠ a company which has not obtained status of dormant is not carrying on any […]
RECENT MCA UPDATES Due to the unprecedented situation of COVID-19 second wave in nation it has become both challenging and difficult for the corporates to comply with the compliances. As a result of many representation and request by the stakeholders the Govt. has decided to provide certain relaxations as on 03.05.2021 which are as follows: […]
Compliance Relaxation to Business to Lessen Hardship of Covid 19 Wave-by Ministry of Corporate Affairs A. Circular No. 09/2021 dated 05/05/2021 – Covid 19 Relaxation ON CSR activities Following spending of CSR fund are eligible CSR activity under item nos. (i) and (xii) of Schedule VII of the Companies Act, 2013: creating health infrastructure for […]
1. Extension of time gap between two consecutive Board Meetings. General Circular No. 08/2021 Dated 03-05-2021 The requirement of holding meeting of the Board of the companies within the intervals provided in the section 173 of the Companies Act, 2013 (120 days) have been extended to 180 days for first two quarters of the FY […]
Gap between two consecutive Board Meetings may extend to 180 days for Quarter – April to June 2021 and Quarter – July to September 2021, instead of 120 days In view of the difficulties arising due to resurgence of COVID-19 pandemic and request received from stakeholders, the Ministry of Corporate Affairs (“MCA”) vide its General […]
Compliances Forms Due between 01/04/2020 to 31/05/2021 Ministry of Corporate affairs vide its General Circular No. 06/2021 Dated: 03/05/2021 has grants relaxation to the Companies and LLP to file the forms due between 01/04/2020 to 31/05/2021 without any additional fees upto 31/07/2021 except the forms CHG 1, CHG 4 and CHG 9. Forms Related with […]
