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...
How to decide various dates for Annual report and for Annual filing including for financial year 2019-20 1) First draft un- audited Financial Statements are prepared as per section 128, 129 & 130 2) As per section 173, Then Board meeting is called by serving atleast 14 days notice for signing of draft Un-audited Financials […]
After CSR, rules 2014 now MCA has announced new CSR rules which shall be known as Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021. FEW IMPORTANT POINTS IN THESE RULES ARE AS UNDER: Rule 2: Definitions ♦ Corporate Social Responsibility (CSR) definition has been revised and instead of activities mentioned in Schedule VII the activities […]
The Ministry of Corporate Affairs (MCA) notified 22 January, 2021 to enforce Section 21 of Companies (Amendment) Act, 2019 and Section 27 of Companies (Amendment) Act, 2020, related to Corporate Social Responsibility (CSR). “In exercise of the powers conferred by sub-section (3) of section 1 of the Companies (Amendment) Act, 2019 (22 of 2019) and sub-section […]
One Person Company: Sec 2(62) ‘One Person Company’ means a company which has only one person as a member. For OPC: Return Filing Provisions & AGM ♥ Section 137 of the Companies Act, 2013 One Person Company shall file a copy of the financial statements duly adopted by its member, along with all the documents […]
Ministry of Corporate Affairs has amended the Companies (Corporate Social Responsibility) Rules, 2021 with effect from 22nd January, 2021. Significant changes have been made to amend the Companies (Corporate Social Responsibility Policy) Rules, 2014. The following amendments have been made: Rule 2-Definitions: New Definitions: “Administrative Overheads” means the expenses incurred by the company for ‘general […]
Revival of a company which is strike off voluntarily or Suo-moto is in favor of both company and Economy as revived company will contribute to India’s Economic growth. So let us know about the procedure of revival of strike off company. But before knowing revival procedure, let us first understand the reasons why a company […]
Form CFSS 2020- It is an application in e-form for seeking immunity in respect of belated documents filed under the CFSS scheme, 2020. Relevant Circular : General Circular 12/2020 Purpose of Form CFSS 2020 : To seek immunity in respect of belated documents filed under the CFSS 2020. Time Limit for filing Form CFSS 2020 […]
Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the Chennai Bench of National Company Law Appellate Tribunal (NCLAT) through virtual mode here today.
The Companies (Amendment) Act, 2020 got the assent of Hon’ble President as on September 28, 2020.On September 19, 2020 Lok Sabha passed the Companies (Amendment) Bill, 2020 and on September 22, 2020 it was passed by the Rajya Sabha. There are amendments in 61 sections in the Act and 4 sections have been newly inserted […]
MCA notifies Companies (Incorporation) Amendment Rules, 2021 vide notification No. G.S.R 44(E) dated 25.01.2021 and amended Rule 41 of Companies (Incorporation) Rules, 2014 which relates to Application under section 14 Companies Act, 2013 of for conversion of public company into private company. GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, 25th January, 2021 […]
