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 : Understand CSR in India, its applicability, permitted activities, non-permitted contributions, penalties for non-compliance, and r...
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 : 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...
Net worth of a company is the value of the assets a company owns, minus the liabilities they owe. It is an important metric to gauge a company’s health and value, providing a useful snapshot of its current financial position. The concept of Networth becomes more relevant in ascertaining transactional values in an amalgamation, specifically […]
Compounding is a settlement mechanism, by which, the offender is given an option to pay money in lieu of prosecution, thereby avoiding a long and lengthy litigation proceedings. Thus, it is short cut mean to get the default tag removed by paying a sum of money. It is beneficial for both the Government and Defaulter. Government gets some revenue for minor defaults and the offender will get their hands clean.
Term of office of Justice (Retd.) Shri Bansi Lal Bhat and Justice (Retd.) Shri A.I.S. Cheema as Judicial Member, National Company Law Appellate Tribunal is extended up to 31.12.2020.
Every company incorporated on or before the 31st December, 2017 shall file the particulars of the Company and its registered office details, in e-Form ACTIVE (INC-22A). e-Form INC-22A is required to be filed on or before 25th April, 2019. e-Form INC-22A is required to be filed only after e-Form AOC-4 and e-Form MGT-7 for financial […]
The Companies (Amendment) Bill, 2020 received President’s assent on 28th September, 2020. The Companies (Amendment) Act, 2020 seeks to amend the Companies Act, 2013 and contains 66 clauses. It shall come into force on such dates as the Central Government may, by notification in the Official Gazette, appoint. A. Key Highlights of the Companies (Amendment) […]
Registered office address of the Company is the Address which is visible on Master Data of the Company. As per Section 12 and other applicable provisions of Companies Act, 2013, it is mandatory to have a Registered Office address for the Company registered with Ministry of Corporate Affairs. Even, if registered Office address for Correspondence […]
Exemption from Non-compliance of minimum residency of Director/Partner in India for a period of at least 182 days in FY 2020-21 for Companies and LLPs u/s 149(3) In order to support and enable Companies and Limited Liability Partnerships (LLPs) in India to focus on taking necessary special measures to address the COVID-19 threat, including the […]
In order to assist the Corporate Professionals, an attempt is made to prepare compliance calendar under Companies Act, 2013 as amended from time to time till date: Section No. of CA, 2013 Brief of Provisions E-form/ form and Remarks Time Limit Permissible Applicability Listed Compa-nies Unlisted Compa-nies Pvt Ltd Co 88 Every Company to keep […]
Transparency is very important for the society likewise Ministry of Corporate Affairs has implemented The Companies Act, 2013 in such a way that it every company run their in business in clear and transparent way. The Companies Act, 2013 and the rules states the preparation and maintenance of various registers as and when applicable to […]
We strongly believe that mandatory Joint Audit for large Companies is essential to improve Independence & audit quality in this challenging macro-economic environment.