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...
CARO 2020 is a new format for issue of audit reports in case of statutory audits of companies under Companies Act, 2013. CARO 2020 has included additional reporting requirements after consultations with the NFRA.** The aim of CARO 2020 is to enhance the overall quality of reporting by the company auditors. Every report made by […]
Now first question which must come to your mind why CIN is allotted to company so let’s find out the answer to this question if you see other law like under Income-tax law you get PAN, under GST law you get GSTIN etc. just like in similar way CIN is allotted to company on incorporation […]
Corporate Social Responsibility literally means the responsibility of Corporates towards Society. Its an opportunity for big corporates to do their part to the society either voluntarily or through the compulsion under CSR. Section 135(1) of the Companies Act 2013, deals with the CSR provisions and constitution of CSR committee. Here we would be discussing the […]
Appointment of a director in case the number of directors fall below the statutory limit As per Section 149(1): Every company shall have a Board of Directors consisting of individuals as directors and shall have a minimum number of: 1. three directors in the case of a public company, two directors in the case of […]
Software Companies: – Software Companies are companies that deal with the maintenance, development and/or publication of software that are either cloud based or maintenance/license (on premise) based. Microsoft, Cisco etc. There are two types of software company: – 1. Service or Consulting Based Software Company, i.e., TCS, Wipro 2. Product or Development Based Software Company […]
ROC Compliance Tracker with Mandatory/ Applicability/ Category based e-forms for the Financial Year 2021-22 Article explains due date of Filing Mandatory E-forms under Companies Act, 2013 which includes Form – 11, DIR -3 KYC/ WEB KYC, AOC – 4, AOC – 4 CFS , AOC- 4 XBRL, Form – 8, MGT – 7 and MGT […]
Article explains Appointment of Managing Director (New Person), Rules and Section under Company Law Applicable to Appointment of Managing Director, Definition of Managing Director under Section 2(54) of Companies Act, 2013, Important Pre- Requites for Appointment of Director as Managing Director under Companies Act, 2013, Procedure for Appointment of Director as Managing Director (MD), FAQ […]
UNFOLD CARO 2020, COMPANIES ACT, 2013 PART 1 – CLAUSES 3(i) to 3(iii) {As empowered to the Central Govt. under Section 143(11) of Companies Act, 2013 with the consultation “National Financial Reporting Authority” (NFAR)} When I started my career as ‘Practicing Chartered Accountant’ then reporting under Companies (Auditor’s Report) Order, 1988 was applicable then I […]
1. Form INC-20A Declaration for the commencement of business required to file within 180 days from the date of incorporation of the Company 2. Appointment of the Auditor (Form ADT-1) Companies must appoint their First Auditor within 30 days of incorporation. The First Auditor will be appointed for five years and the appointment must be filed using […]
1. Form INC-20A Declaration for the commencement of business required to file within 180 days from the date of incorporation of the Company 2. Appointment of the Auditor (Form ADT-1) Companies must appoint their First Auditor within 30 days of incorporation. The First Auditor will be appointed for five years and the appointment must be filed using […]
