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 : The government addresses SFIO cases, IBC amendments, CSR compliance, and ESG reporting norms for publicly traded companies....
Company Law : Understand MCA V3 user types, registration, and login. Learn how to update profiles and resolve common issues....
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 : 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 : The appeal by Maptech Poly Products Pvt Ltd against a penalty for non-maintenance of its registered office was dismissed by the Re...
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...
APPLICABLE SECTIONS AND RULES In order to understand the concept of Private Placement better we have to look into applicable Sections and Rules which governs the said concept. ♦ Applicable Section: Section 42 of the Companies Act, 2013 ♦ Applicable Rule: Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 PRIVATE PLACEMENT […]
Once a company is incorporated, there are a set of compliance procedural formalities which must be completed to maintain compliance as per the Companies Act, 2013. All the Incorporated companies needs to mandatorily comply with the provisions applicable and there upon start the business operations of the company. Hence, it is important for those incorporating […]
Introduction: The Ministry of Corporate Affairs has undertaken various measures in order to facilitate transparency and the data quality which is uncompromised and free from flaws. With this ultimate goal in mind the Ministry has launched Artificial intelligence driven portal that would facilitate e-adjudication, e-scrutiny and other models. On the other hand, the Ministry has […]
Vinay Jaidka Vs Chief Secretary (Delhi High Court) Abhishek Nanda, ld. Counsel who appears for the Insurance Regulatory and Development Authority of India (hereinafter, “IRDAI”) was requested to appear before the Court. He submits that recently, the IRDAI has issued press releases dated 22nd April, 2021 and 23rd April, 2021 as per which it has […]
Every company that is registered under the Companies Act, 2013 must inform the Registrar of Companies about the changes in the company like change in the registered office, changes in the memorandum of association, article of association, change in directors, etc. In addition to that company also needs to file various Periodic and Event based […]
An attempt is made to create a Practical Hand Book for the benefit of Independent Directors to effectively deal with the implicit and explicit challenges being posed on them by regulatory authorities as well as society in general. First part as follows is dedicated to Budget or Business Plan Presentations to Audit Committee. Part 1 […]
All the Companies registered under the Companies Act, 2013 including Government Companies are required to maintain books of account and other relevant books and papers and financial statement for every financial year which give a true and fair view of the state of the affairs of the Company and get the book of accounts audited. […]
Comparative study and inter linking on Corporate Social Responsivity (CSR) and Sustainable Development Goals (SDGs) Brief Introduction CSR (Schedule VII of Companies Act) In India, CSR got its legal backing by virtue of Section 135 of companies Act 2013. Section 135 of the companies Act is from financial year 2014. India is one of the first few nations to […]
Background: Earlier Form DPT-3 was only applicable to the companies which were accepting deposits under Chapter V Acceptance of Deposits by Companies. However with the introduction of notification dated 22nd January, 2019 the ambit and scope of Form DPT-3 has increased. Objective: In order to identify the amount received by the company as a loan, […]
Brief of Compliances Applicable To OPC And Small Companies Along With Newly Introduced MGT-7A : Abridged Annual Return DEFINITION OF ONE PERSON COMPANY: As defined in Section 2(62) of Companies Act,2013 ‘One Person Company’ means a company which has only one person as a member; List of Compliance Applicable to One Person Company (OPC): Section […]
